Central FCU signs Viewpointe Check Imaging

Central Corporate Credit Union (CenCorp) has implements the Viewpointe “Pointe2Pointe” with Internet connectivity. The organization selected the Viewpointe “Pointe2Pointe” solution as a quick, cost-effective means for conducting check image exchange. The “Pointe2Pointe” with Internet connectivity service provides organizations with a secure, efficient means of exchanging electronic check images with Viewpointe’s other exchange customers. The service helps financial institutions move toward eliminating the financial and logistical burdens associated with processing paper-based checks.

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Bank of Internet Launches Double Rewards Free Checking

Bank of Internet USA announced the launch of their new Rewards Checking account that offers a comprehensive array of desirable features with no fees. Bank of Internet’s Rewards Checking is a checking account with no monthly fees, no minimum balance and the opportunity to earn 1.25% Annual Percentage Yield (APY). Rewards Checking comes with interest rewards, unlimited ATM reimbursements, free bill pay and also free cash-back Purchase Rewards, as well as free FinanceWorks(TM) money management software. Starting with 0% APY, users can add 0.3125% APY for receiving direct deposits totaling $1,000 or more; paying two bills with free online bill pay; making at least one purchase with their Rewards Checking Debit Visa Card; and making at least 6 purchases with their Rewards Checking Debit Visa Card.

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Fiserv Announces Open Registration for Fall Conference

Fiserv financial services technology solutions opened registration to its “Focus 2011” fall client conference, to take place at the end of September in Orlando. The event will give participants access to Fiserv experts and industry innovators, and will feature sessions developed specifically for Fiserv clients utilizing the Signature bank platform, Currency Supply Chain Management (formerly Cash & Logistics), Investment Services, and Lending Solutions. All registrations must be completed by September 16. The conference will assemble thought leaders, Fiserv executives, and industry and product experts, who will introduce enhanced solutions and emerging technologies, as well as specialized discussions that will focus on several key financial services markets. Through presentations, dedicated session tracks, key product demonstrations and peer networking, participants will learn what’s new, what’s next and how to stay ahead in an ever-changing industry.

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PrepaYd Issues private placement restricted stock offering

PrepaYd closed a private placement restricted stock offering, having issued 80,500,000 restricted common shares in return for $2,012,500. PrepaYd now has 537,653,870 issued common shares of stock of which 56,003,209 are free trading, and 481,650,661 are restricted. PrepaYd’s CEO owns 289,525,000 shares of the restricted common stock and its Senior Vice President owns 15,000,000 shares of the restricted common stock.

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Gresham Implements GigaSpaces Xap for transaction management

GigaSpaces Technologies, a leading provider of a new generation of virtualised application platforms delivering end-to-end scalability, announces that Gresham Computing will be using GigaSpaces eXtreme Application Platform (XAP) as the infrastructure for its transaction and cash management solutions. GigaSpaces XAP is an end-to-end virtualised application platform that brings together an in-memory data grid, application processing and messaging services, providing extreme performance, dynamic linear scalability, and high availability. Gresham solutions reduce control failure risk and optimise business performance, providing certainty through greater transparency and reduced transaction risk in customers’ operations.

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Blue Bamboo Card Reader Showcased in Sprint Ad

Sprint has launched its Biz360 TV and print campaign, featuring the Blue Bamboo P25-M card reader and printer, distributed by Aircharge (www.aircharge.com), as part of its business on-the-go suite of products integrated with smart phones for mobile transaction processing. RedFin Network is a payment solutions provider, operating a Payment Gateway used to perform Secure Electronic Payment Processing.

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SVS Completes System Investment to Support Client Growth

Ceridian Stored Value Solutions (SVS) recently completed the migration of its prepaid card processing system to the HP “Integrity NonStop BladeSystem Platform.” This hardware, coupled with redundant system architecture, represents technology that will meet the growth needs of SVS clients, allow for complex transaction processing and provide the best possible consumer experience. SVS has made significant investments in its transaction processing infrastructure to ensure the continued high levels of system stability, reliability and speed which have made SVS an industry leading stored value provider for nearly 20 years.

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AdvanceMe Provides $2B to Small Businesses

AdvanceMe Merchant Cash Advances for small and mid-sized businesses, announced that it has provided more than $2 billion in working capital to small and mid-sized businesses (SMBs). Founded in 1998, AdvanceMe reached the $1 billion funding mark in 2007. Reaching the $2 billion milestone took less than four years and the company is expected to reach the $3 billion mark within the next two years. This accelerated growth is a result of several strategic initiatives, including the continued investment made in the underlying Daily Remittance Platform™ (DRP) of its parent company, Capital Access Network. AdvanceMe has made over 80,000 fundings, providing almost 40,000 businesses in all 50 states with $2 billion in working capital.

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PayFirst Solutions Bundles Epson Printers with Wireless POS

PayFirst Solutions selected the Epson “ReadyPrint T20” and “TM-T70” printers as part of its wireless restaurant POS solution. The PayFirst Solutions bundle is ideally suited for restaurant operators looking for an easy-to-install wireless POS solution that supports tableside ordering, printing directly from tableside to kitchen or bar, and pay-at-the-table functionality. The PayFirst Restaurant POS bundle is an out of the box, easy to install solution that includes a fully integrated POS system, a cashdrawer, a wireless router, an optional wireless repeater, an optional Android tablet, an Epson ReadyPrint T20 receipt printer and an optional Epson TM-T70 kitchen printer as well as a quick start up guide.

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Volante to Offer Retirement Community POS

Canadian point of sale software developer Volante POS Systems has announced their expansion into the retirement community point of sale market, with the Volante “Multi-Meal” software product. Volante has designed a point of sale and administration back office POS system tailored specifically to retirement communities and assisted living facilities. Volante has already penetrated the nursing home industry via a recent partnership with NCR at Toronto’s Baycrest, a premier academic health sciences center focused on aging. Baycrest provides care and service to approximately 2,000 seniors a day through its Geriatric Health Care System. Detailed, real time reporting along with photo identification provides accurate and important information to staff and family members anywhere, anytime.

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Card Payments Central to Abu Dhabi Islamic Bank-UAE Exchange partnership

Abu Dhabi Islamic Bank (ADIB) Islamic financial services has appointed UAE Exchange global remittance and foreign exchange brand a collection agency for “Covered Card” payments by the bank’s customers. Abu Dhabi Islamic Bank (ADIB) was established in 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. UAE Exchange has a strong presence with more than 520 direct offices in 24 countries across five continents built over 30 years of committed customer service while its remittance operations contribute to 5.28% of the global remittance volume, has a 7000+ professional team representing over 40 nationalities striving to enhance customer experience, worldwide.

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Consumer Revolving Credit Debt Up 2nd Month in a Row

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Of the total $2.446 trillion in outstanding US consumer debt, total outstanding revolving credit edged up in June 7.9% to total $798.3 billion, reflecting a second consecutive month of increase. Setting dangerous precedent, this compares with the May figure of 793.1, consistent with trends over the past 2 and half years…

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