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29 Results from /payments, "Wachovia Corporation"

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First Data hires Wachovia's Boehm to lead financial services innovation

First Data has hired Wachovia veteran Steve Boehm as senior vice president leading global product management and innovation at its financial services division.

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PayPal raids banking sector

PayPal has added three banking veterans - Wachovia's John McCabe, Citi's Ed Eger and Renier Lemmens from Barclays - to its executive team.

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Mergers to shake up US e-banking market - comScore

The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most online customers, according to figures from Web metrics firm comScore.

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US regulator updates risk guidance after Wachovia telemarketing probe

The US Office of the Comptroller of the Currency (OCC) has updated risk management guidance for banks dealing with third party payments processors working for merchant clients following its probe into a scam at Wachovia which found that a lack of oversight and control allowed telemarketers to swindle thousands of elderly customers.

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Nacha forms mobile banking work group

US electronic payments association Nacha has formed a new work group that will develop an ACH payment platform strategy and guidelines for mobile banking.

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US m-banking numbers to soar - TowerGroup

The number of US customers using mobile banking services will accelerate over the next five years, rising from 1.1 million in 2007 to more than 40 million by 2012, according to forecasts from TowerGroup.

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Wachovia introduces single sign-on for online wholesale services

US banking group Wachovia has introduced a single sign-on capability for its online global treasury management portal, Wachovia Connection, eradicating multiple silos in favour of a common front-end entry point for corporate clients.

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Lloyds TSB outsources trade back-office processing to Wachovia

UK banking group Lloyds TSB has outsourced its trade back office processing operations to US bank Wachovia.

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Monitise and Metavante to establish m-banking network in US

Monitise, the mobile banking subsidiary of UK IT services group Morse, is teaming with American fintech vendor Metavante to launch and operate a wireless payments and banking network in the US.

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Wachovia models payments business

US bank Wachovia is implementing a financial modelling system from Carreker Corporation to assess the impact of new technologies on its payments business.

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Wachovia licenses Fundtech payments hub

Wachovia has licensed OmniPay, Fundtech's payments hub system, to simplify the way it processes low value international payments.

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Commonwealth Bank selects Wachovia trade finance technology

Australia's Commonwealth Bank has contracted with US-based Wachovia Bank for the provision of trade finance technology and services.