Fiserv financial services technology announced Center Bank is now live on its “Premier” bank platform. “Premier” from Fiserv is the core banking solution with the largest customer base in North America and for which outsourced processing is provided directly from Fiserv. Center Bank was processed by an independent data center that licensed Premier from Fiserv, but has chosen to outsource its account processing through a Fiserv data center.


Wells Fargo Releases Consumer Credit Video

Wells Fargo & Company is participating in the American Bankers Association Education Foundation’s (ABAEF) national Get Smart About Credit Day, Oct. 21 with a
Video Series on Credit Encourages Consumers to Gain and Then Test Credit Knowledge with Online Quiz

. This is the ABAEF’s eighth annual event to educate consumers about the importance of credit and how to use it responsibly.

Wells Fargo’s newly launched educational video series on credit and an online quiz ( help consumers identify how much they know about credit. The videos feature Wells Fargo team members providing information ranging from how credit works to what lenders look for when reviewing credit applications. The videos, available in both English and Spanish, include:

Understanding Credit – Introduccion al credito The 4 C’s of Credit – Las 4 C del credito Establishing and Improving Credit – Como establecer y mejorar su credito Protecting Credit by Preventing Identity Theft – Como proteger su credito y su identidad

The English videos are available at the Wells Fargo Smarter Credit(TM) Center (, Financial Education Center (, and YouTube channel ( The Spanish videos are available at the Wells Fargo YouTube channel (

The educational quiz is a quick and easy way to determine how much consumers really know about credit. These new consumer resources complement Wells Fargo’s educational programs such as its Hands on Banking(R) ( and Stagecoach Island(SM)(

“Credit and how one qualifies can be a mystery to a lot of people,” says Jamie Moldafsky, an executive vice president in Wells Fargo’s Home Equity Group who is leading the company’s Smarter Credit initiative. “With today’s economic challenges, it’s more important than ever for consumers to understand credit and debt management. We have developed numerous tools for consumers to learn more about their credit, so they are better equipped.”

In addition to these new offerings, throughout October, team members from Wells Fargo are reaching out to communities and talking to individuals and families across the country about how to manage credit and personal finances.

“Get Smart About Credit Day is an opportunity to teach our customers and the community the importance of credit,” adds Angel Zapata, vice president and national manager of Hands on Banking. “We hope these resources will help our customers understand how to manage credit and personal finances to become financially secure.”

The Wells Fargo Smarter Credit Center is an online resource center that provides information on using credit responsibly, including establishing or rebuilding credit, ordering free credit reports from the bureaus, and creating budgets.

Wells Fargo’s Hands on Banking program and its Spanish version, El futuro en tus manos(R) ( has been used in thousands of classrooms, nonprofit organizations, senior living centers, and homes since it was launched in 2004. The free financial education program teaches people at all stages of life about the basics of responsible money management, including how to create a budget, save and invest, borrow responsibly, buy a home and establish a small business.

Stagecoach Island, Wells Fargo’s free virtual world, is an entertaining and interactive companion site to Hands on Banking. Educators can use the Stagecoach Island virtual world in the classroom to teach important lessons in budgeting, saving, managing credit, buying a home and getting a job.

The Wells Fargo Financial Education Center offers quick and easy access to online education tools and resources that can help customers make informed decisions and prepare them for financial success.

About Wells Fargo

Wells Fargo & Company (WFC 23.79, +0.21, +0.89%) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 10,000 banking stores, 12,000 ATMs, the Internet ( and, and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.



Metro Bank has implemented teller cash recycling technology from NCR Corporation, cutting the typical 40% of a teller’s time spent counting and re-counting cash significantly. With NCR’s teller “Cash Recycler”, which automate the acceptance, authentication and validation of note deposits and make the cash instantly available for dispensing to customers, the bank plans twelve further outlets in Greater London over the next two years. Running on NCR APTRA Cash Connect software in a unique thin client environment, the “Cash Recycler” give each teller an instant, individual cash drawer balance.


S1 mBanking and Payment Apps See 2010 Growth

More than 35 customers across three continents have licensed the S1 Mobile application and have been made available through the App Store for Trustmark, Mercantile Bank of Michigan, First Community Bank, and Ventura County Credit Union. With the number of mobile subscribers who use their phones for mobile banking to exceed 400 million globally by 2013, double the number of users this year, the first month of the S1 Mobile solution saw over 3,200 downloads of the application from the App Store. Mobile banking adoption continues to grow globally and S1 customers are increasingly meeting the demand for on-the-go banking solutions and is offering bank customers mobile banking and payments offering advancements with an iPad and Blackberry application. Over 3,000 organizations worldwide depend on S1 for payments, online banking, mobile banking, voice banking and branch banking solutions.



Visa Canada announced has introduced its first debit cards in the Canadian marketplace through CIBC. The first Canadian issuer to offer Visa Debit through its “CIBC Advantage Card,” CIBC will now allow its customers to shop online, by phone, mail and in more than 200 countries and territories using debit funds from their accounts. POS “CIBC Advantage Card” purchases will be processed through Interac debit network. Purchases made online, over the phone, by mail or internationally will be processed over Visa’s network, offering Visa “Zero Liability Policy;” The “Visa E-Promise;” “Verified by Visa;” and the three-digit security code (CVV2) located on the back of the card to avoid CNP fraud.


Allpoint Expands Down Under with 5,000 ATMs

Allpoint Network Cardtronics affiliate and surcharge-free ATM network has partnered with Customers Limited owner/operator of ATMs in Australia. With this, Allpoint is to expand by more than 5,000 locations. The Customers ATMs, which represent approximately 20% of all ATMs in Australia, will carry the Allpoint logo and will be surcharge-free for both United States and Australian participating financial institution cardholders. This allows Customers to provide surcharge-free cash access to its cardholders at ATMs located in retail locations. With the additional coverage, Allpoint now provides global surcharge-free access to over 40,000 ATMs across three continents.


eBay Appoints CMO, North America

eBay, the world’s largest online marketplace and a mobile commerce leader, announced that global consumer and digital marketing veteran Richelle Parham is joining the company in the new role of Chief Marketing Officer, eBay North America. She will report to Christopher Payne, head of eBay North America.

Parham joins eBay from Visa, Inc., where she most recently served as head of Global Marketing Innovation and Initiatives. Previously, Parham led Global Marketing Services for Visa. Her previous experience includes 13 years at Digitas, Inc., a world leading marketing agency, where she held a variety of senior leadership roles, including Senior Vice President and General Manager of the agency’s Chicago office.

“Richelle is a world-class marketer with deep experience and expertise in creating and implementing strategies that drive consumer engagement and generate strong return on marketing investments,” Payne said. “She will bring great insight and leadership to our focus on strengthening eBay’s relationship with millions of shoppers who search our site every day for incredible value and selection.”

“I am excited about joining a winning team that is focused on meeting customer needs and delivering consistently strong performance,” said Parham. “eBay is an incredibly powerful brand, one that presents extraordinary opportunities as we deepen our relationship with customers in eBay’s largest global market. I am looking forward to leveraging my consumer and digital marketing experience and contributing to the future growth of eBay. ”

About eBay Inc.

Founded in 1995 in San Jose, Calif., eBay Inc. (EBAY 25.68, +0.41, +1.60%) connects millions of buyers and sellers globally on a daily basis through eBay, the world’s largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world’s largest ticket marketplace, and eBay classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit


Mocapay and eNational Payments Deploy mWallet

eNational Payment mobile and contactless electronic commerce and payment processing has deployed the Mocapay “Mobile Wallet” along with its own geo-fencing platform at Maggiano’s Little Italy restaurant locations. The eNational geo-fencing, or location-based marketing, a virtual perimeter that adds the dimension of a users’ location, which can help ensure messages are relevant to both your consumers’ preferences and their location, will be implemented within a two-mile radius around each location. With this, Mocapay intends to allow Maggiano’s to build their brand and develop smart and effective marketing strategies that move well beyond mobile payments while eNational Payments is intent on popularizing the product and brand among consumers. With the partnership, customers will be offered Mocapay’s mobile suite to provide loyalty and gift coupons while users can pay and reload their mobile accounts, check transaction histories, receive customized, pertinent loyalty and reward offers and find the nearest Maggiano’s store locations through the eNational Payments “Gold Rewards” Mobile Wallet.



Citi Global Transaction Services business has inked banking agreements with Afghanistan International Bank (AIB) to strengthen the ability of GTS to execute payment transactions to support sustainable banking in Afghanistan. This is designed to support Afghanistan’s financial sector and its overall economic development. Global Transaction Services is a division of Citigroup’s Institutional Clients Group and offers integrated cash management and fund services to multinational corporations in more than 100 countries for over supports over 65,000 clients.


Memento Appoints New CEO

Memento a leading provider of enterprise fraud management solutions for financial institutions, today announced that John E. O’Malley has joined the company as its Chief Executive Officer. Mr. O’Malley brings over 20 years of strategic vision and successful execution in financial services and technology markets to Memento. With broad executive experience and a deep understanding of how to bring innovative technologies to the financial services sector, he is exceptionally well-qualified to lead Memento through its rapid growth.

“I am pleased to hand the reins of Memento to an industry veteran who brings a superb mix of banking industry experience and a solid track record of taking companies like Memento to the next level,” said Memento’s founding and outgoing CEO, BC Krishna. “John O’Malley is a proven leader who also brings a passion for delivering value and exceeding customer expectations – traits that are deeply rooted in Memento’s DNA.” Mr. Krishna led the executive search process and will remain an active advisor and member of the Board of Directors.

John O’Malley is an expert in developing high performing companies and helping financial institutions solve important business challenges. His broad execution, leadership and strategic planning skills have helped Mr. O’Malley drive innovation and operational excellence at several influential financial services technology companies. As President and CEO of Harland Financial Solutions, Mr. O’Malley managed multi-business unit operations with over 1,800 employees and grew revenue from $17M to over $300M. Additionally, Mr. O’Malley’s leadership led to significant growth at Fiserv where he served as President of the CBS Division and also at Hogan Systems (acquired by Computer Sciences Corp.) where he was Executive Vice President of International Operations.

“Memento is a nimble, high energy company with unique competitive advantages that brings a powerful, proven approach to some of the most important and costly fraud challenges that banks and credit unions face today,” said John O’Malley. “I am proud to join the passionate, talented team at Memento and am excited to deliver a new class of fraud and regulatory capabilities to financial institutions across the industry.”

About Memento

Memento, Inc., a leader in enterprise fraud management, delivers next-generation technology and proven solutions that allow financial institutions to rethink the way they combat and manage fraud. Memento Security, the company’s award-winning software platform, protects deposit accounts from wide-ranging, costly threats and enables key stakeholders to measure the true value of loss prevention investments. Trusted by the world’s largest and most influential financial institutions, regional banks, and credit unions, Memento offers exceptional accuracy, rapid ROI, and unmatched business value.



Allpoint Network Cardtronics affiliate and surcharge-free ATM network has partnered with Customers Limited owner/operator of ATMs in Australia. With this, Allpoint is to expand by more than 5,000 locations. The Customers ATMs, which represent approximately 20% of all ATMs in Australia, will carry the Allpoint logo and will be surcharge-free for both United States and Australian participating financial institution cardholders. This allows Customers to provide surcharge-free cash access to its cardholders at ATMs located in retail locations. With the additional coverage, Allpoint now provides global surcharge-free access to over 40,000 ATMs across three continents.


VSoft Adds Industry Veterans to Fan Growth

VSoft Corporation, a global information and technology provider of process improvement solutions for financial institutions, announced the addition of Rich Longo, TJ Jones and David Duvall to support the company’s new core platform, its diverse client base and its rapidly expanding imaging solutions, respectively.

“We expect them to be a driving force for our continued growth and to have an immediate, positive impact on our progressive year.”
The additions offer added support and resources to support VSoft’s expansion this year. In 2010, the company introduced CoreSoft, its new core solution, reached a milestone with 4,000 credit union branches leveraging its imaging solutions and also added a top–25 bank to its remote deposit capture client base.

Longo joins VSoft as manager of the CoreSoft Banking & Credit Union Solution. He is responsible for driving the future strategy and direction of CoreSoft, a core processing solution built on Service Oriented Architecture (SOA). Prior to VSoft, he was a senior core banking, technology and compliance consultant with both Metavante and Open Solutions. Longo also has been part of senior management with both a major credit union and bank located in the southeast. With his financial industry experience, Longo brings a thorough knowledge of commercial and consumer credit policy, regulatory compliance, back office operations and retail banking management to VSoft.

As a senior solutions engineer for item processing, Duvall brings more than 32 years of banking experience to VSoft, including operations management and product management knowledge. Most recently he served as the head of product management for Carolina First Bank. In this position, he provides sales support and serves as a liaison for VSoft’s project manager and implementation team. Duvall is responsible for education, customer relations and product planning for the company.

In his role as a large financial institutions relationship manager, Jones leverages more than 20 years of payments and image processing experience to provide services and consultation to VSoft clients. Previously, Jones was manager of application development for IBM, and he also worked at several of the nation’s leading imaging solution providers, including Carreker Corporation, Endpoint Exchange and Panini.

“Rich, TJ and David have each made significant contributions to the banking industry and bring unique and valuable experiences to our team,” said Murthy Veeraghanta, chairman and managing director of VSoft Corporation. “We expect them to be a driving force for our continued growth and to have an immediate, positive impact on our progressive year.”

About VSoft Corporation

Established in 1996, VSoft Corporation is a global provider of financial technology solutions that improve service, reduce cost and maximize efficiency. Its broad image-based solutions include distributed deposit and payment capture across all points of presentment, back office check processing, image exchange, document management, and remittance and lockbox operations. Customers include banks, credit unions, savings institutions, transaction processors, governments, utilities, telecommunications and retail organizations. VSoft’s proven products and services ensure versatile and rapid delivery of solutions to mission-critical needs. Included in the 2007, 2008 and 2009 Inc. 5000, the 2008 and 2009 Software 500, and recognized as a Top 10 Fastest Growing Company in Atlanta in 2008, VSoft’s solutions are used by more than 1,900 financial institutions worldwide. For more information call 770.225.7692 or visit