Citi Launches Transaction Reconciliation

Citi launched its Citi Straight-Through Reconciliation (STR) product which simplifies and automates the way payments transactions are reconciled and exceptions are managed. This service was developed in partnership with clients that leverage CitiConnect to access Global Transaction Service’s payments across 96 countries. Combining a range of channels and instruments with enriched transaction data, “Citi STR” delivers standardized statement reporting which can significantly improve automated reconciliation, and speed up cash applications, allowing customers to receive globally consistent itemized and enhanced statements to support their straight-through reconciliation needs, as well as exception reporting to aid in investigations.

Details

The Bunker Hosts PCI DSS Certification Seminar

The Bunker Cloud Computing is hosting a seminar focused on achieving PCI DSS certification for retailers and IT service providers with a proven approach to achieving certification. Delegates will receive invaluable insight into recent developments and the retail sector’s progress with adoption of the security standard, as well as unprecedented access to PCI DSS practitioners from The Bunker and their partner Convergent Network Solutions (CNS); the leading specialist security and networking consultancy.

Details

Ukash launches internet safety campaign

Ukash launched a national advertising campaign to spread messages of internet safety, to coincide with Get Safe Online week (7th-11th November 2011). The campaign will feature advertisements in national and local print media, national radio and online banners. Ukash hopes to target existing Ukash users as well as new audiences. The campaign positions Ukash as the safe way to shop online if used correctly. “Get Safe Online Week” is annual event supported by the Government to raise awareness of internet safety issues and provide advice to allow people to use the internet confidently, safely and securely – similar to Ukash’s own values.

Details

Euronet Expands Network, Acquires Diebold ATMs

Euronet Worldwide and its wholly owned, “Bankomat24/Euronet Sp. z o.o.” acquired ATMs from Diebold Poland Sp. z o.o. The acquisition includes 535 ATMs and over 350 retailer contracts for select sites where the ATMs are currently installed. This brings Euronet’s total owned and managed ATM network in Poland to over 3,500 devices, providing it a unique opportunity to expand relationships with many leading retail and bank brands and to deliver a diverse portfolio of value added services to end-users.

Details

mPayments Slated to Skyrocket

Some of the initiatives that demonstrate teh Absa commitment to sustainable innovative solutions include contactless payments; in-store Banking; remote Account Opening App; Absa “CashSend;” and “Pay in Your Currency. The mobile phones will become the key device for making payments, with 44% of urban mobile-phone users now access banking services via phones. Customers aged between 26 and 34 years are the highest users at 41%, while 11% of people older than 45 utilise it.

Details

Visa Promos Super Bowl XLVI Ticket Giveaway

Visa kicked-off its national marketing campaign on social, traditional and digital media channels to get the word out on its “Visa You and 10” Super Bowl Sweepstakes. Offering cardholders the chance to win a trip for themselves plus 10 friends to Super Bowl XLVI, the campaign features a long-form web film hosted on Visa’s Facebook page and YouTube channel, in addition to network commercials, “The Entry” and “Superfan Invitation,” telling the story of one fan who won the Visa You and 10 Super Bowl Sweepstakes with a swipe of his Visa card. The “Visa You and 10 Super Bowl Sweepstakes” requires no purchase or obligation to win and contestants need only use their Visa card through Dec. 27 for all an expenses paid trip to the big game.

Details

Sovereign Bank to Implement Epson Check Scanning

Epson America banking and payments solutions announced the Association for Financial Professionals Conference (AFP) that Sovereign Bank will offer its “CaptureOne” line of check scanners. Complementing the Banks Onsite Check Deposit remote deposit capture (RDC) service, “CaptureOne” enables fast, two-sided check scanning with the highest MICR accuracy in its class and industry-leading two-year warranty, allowing business customers a secure and efficient way to process check payments directly from a business location, reducing check handling costs and improving cash flow.

Details

Regions Bank Launches Ole Miss CheckCard

Regions Bank customers now can express their support for the Ole Miss Rebels with their Regions Visa CheckCard because the Bank is introducing a new University of Mississippi CheckCard with the Ole Miss logo and signature navy and red colors. Available beginning November 23, the products can be used with all Regions Bank consumer checking accounts. The offering also makes available to customers Regions “Cashback Rewards,” a free program offering online banking customers cash back; Regions “SafeGuards” security features and fraud protection; and Worldwide access. Regions Bank is the official bank of the Southeastern Conference, also offering branded CheckCards and checks affiliated with Mississippi State University Fan Pack, the Florida Gators Fan Pack and the University of Alabama Fan Pack.

Details