VSoft Data Center Hits Landmark

VSoft Corporation has surpassed 75 customers at its global data center VServe. VServe provides VSoft’s full suite of check and core processing software solutions to bank and credit union customers of all sizes. Financial Institutions can take advantage of an outsourcing alterative with VServe, which offers high capacity network systems that deliver a dependable infrastructure, and is staffed by operations experts, network architects and application administration managers to provide customer support 24 hours a day, seven days a week. VSoft solutions handle complete, end-to-end processing to ensure efficient, quality transaction processing.

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TestLink Introduces NCR Cash Cassette Services

TestLink ATM and ATM parts suppliers launched its NCR ATM cassette services set to provide cost benefits for its customers. The money spent on purchasing the ATM cassette tester is a wise investment. With the average cash cassette failure proving extremely costly, the ATM cassette tester could save banks and cash in transit companies large amounts of cash annually.The NCR ATM cassette services also aim to combat potential loss and reputational damage suffered by ATM service providers due to currency cassette failure, offering ATM cassette testers and ATM cassette repair.

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HMV Deploys Visa In-store and eDebit Payment

Visa Canada and HMV introduced Visa payWave contactless payments at HMV’s 116 retail stores, allowing customers to “wave and go” when purchasing from the entertainment retailer. Canadian card holders shopping online at hmvdigital.ca, HMV’s music download store, are now able to purchase items using their Visa Debit card. With Visa Debit, card holders can safely and conveniently pay for purchases made online or through mail and telephone orders, directly from their bank account. Visa payWave is based on EMV chip technology, which uses a standard 128-bit encryption technology, to securely store and encrypt confidential information. Visa Debit allows one-step online electronic debiting of funds without requiring customers to sign in to their bank account, backed by Visa layered security.

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Metrobank partners Wells Fargo, Launches remittance

Metropolitan Bank partnered Wells Fargo through Uniteller Financial Services to provide remittance claiming from the US. The Philippines received $18.76 billion of remittances in 2010, 8.2% higher than 2009, of which, more than 40% came from the US. Given the statistics, this remittance alliance gives overseas Filipinos, access to over 10,000 locations where they can remit money to the Philippines.

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Turkcell Teknoloji Best Contactless Mobile Transaction (NFC) Award

R&D and innovation base Turkcell Teknoloji has won the SIMagine award in the Best Contactless Mobile Transaction (NFC) Awards category. Turkcell “Cep-T Cüzdan” mobile wallet application that enables the secure installation of more than one credit card application on a single SIM card, was a world first developed by Turkcell Teknoloji. The “Cep-T Cüzdan” service makes NFC supported terminals credit cards with the introduction of this application. This lets customers load their MasterCard branded credit cards to their mobile phones and make contact-free transactions for onetime payment of up to TRY35 with no pin or signature.

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FETS Dispatches Roamware m-Payments

Roamware mobile roaming and mobile financial services solutions announced FETS (Funds & Electronic Transfer Solutions) mobile payment consortium implemented its “Macalla” mobile financial services platform. With this, FETS also deployed the Roamware “eMoni” mobile payments service using the platform. FETS, a non-bank service provider has recently been awarded a license by the Central Bank of Nigeria to roll out mobile payment services to the banked and vast unbanked segments.

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Wells Fargo Names EMEA Regional President

Jim Johnston has been named the Wells Fargo regional president for its Europe Middle East Africa (EMEA) operations effective January 2012. A 28-year veteran of the company, he will be based in London and report to Richard Yorke, head of Wells Fargo’s International Group. Johnston will work with other Wells Fargo business leaders to serve commercial, corporate and financial institution customers in the EMEA region leveraging the company’s global network and expanded capabilities. Johnston was most recently executive VP and chief credit officer responsible for credit and risk for Wells Fargo’s Government & Institutional Banking and Wholesale Counterparty Credit groups.

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Western Union 3Q/11 Revenue Up 6% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Western Union Company reported financial results for 3Q/11, with a revenue of $1.4 billion, 6% over the year ago figure, with a consumer-to-consumer (C2C) revenue increase of 6% as well. Additionally, Europe, Middle East, Africa and South Asia (EMEASA) region revenue increase of 5% on transaction growth of 3%; Americas…

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NCR Posts 3Q/11 Revenue Up 16% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NCR Corporation reported 3Q/11 revenue of $1.40 billion, up 16% from the year ago period. This is thanks in part to continuing operations (attributable to NCR) of $16 million compared to income from continuing operations of $78 million. Income from continuing operations in the third quarter of 2011 included $62 million…

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ScanSource Posts Sales Up 21% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ScanSource international distributor of AIDC (automatic identification and data capture), POS, communications, and physical security products for the reseller market, announced its fiscal first quarter (3Q/11) posted net sales up 21.4% to $770.3 million compared to $634.5 million for the quarter ended September 30, 2010. Meanwhile, operating income increased by 27.3%…

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Fifth Third Bank Deploys FIS online bill pay

Fifth Third Bank has deployed the FIS banking and payments technology “Payment Manager” online bill payment and money movement solution. The Payment Manager provides Fifth Third Bank a comprehensive online bill payment solution to provide its customers enhanced functionality including eBills, electronic delivery of bill payments, balance worksheets for tracking funds and money movement features such as expedited payments.

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