Bottomline Technologies Network Serves Over 185,000 Vendors

Bottomline Technologies cloud-based payment, invoice and banking solutions, announced its “Paymode-X” business-to-business settlement network now serves over 185,000 vendors. The “Paymode-X” solution now allows payers to conduct e-payments to the more than 185,000 vendors on the network and take advantage of comprehensive accounts payable automation. It streamlines the reconciliation process, increases predictability of cash flow and enables access to critical business data. Eliminating paper payable processes also presents significant opportunities for cost savings and allows organizations to reduce their environmental impact.

Details

CSI Launches eBanking PFM Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Computer Services, a provider of end-to-end technology solutions that empower financial institutions to remain competitive, compliant and profitable, released its new Personal Financial Management (PFM) service for its Internet banking customers. The PFM service delivers consumers a one-stop online location to manage all of their personal finances and accounts within their…

Details

XYPRO to Distribute Voltage Encryption

XYPRO Technology Corporation HP NonStop server security, audit, compliance, and FIPS-validated encryption solutions is set to resell the Voltage SecureData solution suite, to complement its existing NonStop security products. Voltage SecureData is a comprehensive data-centric security solution, uniting end-to-end encryption, tokenization and data masking for the protection — end-to-end – of sensitive information, including data subject to compliance, such as PCI DSS, and without impacting business process, work flow and applications. Leveraging patented technology and solution innovations, including Voltage Identity-Based Encryption™ (Voltage IBE™) and Voltage Format-Preserving Encryption™ (Voltage FPE™), Voltage SecureData is the most comprehensive data protection platform, securing data as it is captured, processed and stored across the variety of devices, operating systems, databases and applications. It is used by corporate enterprises, financial institutions, healthcare organizations, government agencies, utilities, retailers and service providers.

Details

TowerGroup and Axway to Host Financial Services Webinar

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Axway, the Business Interaction Networks company, announced it will host a webinar entitled “Visibility and Operational Risk in Financial Services – If You Can’t See It, You Can’t Manage It” on Tuesday, June 12, 2012. The webinar will be hosted by former TowerGroup analyst Susan Feinberg, who is now director, financial…

Details

Datacard Group to Present at ACT Canada Cardware Conference

Datacard Group announced that Mike Vaselenak, director, instant issuance in Canada for Datacard Group will be speaking at the Cardware 2012: Payment Insights conference in Ontario, Canada. The session, titled “A Roadmap for Instant Issuance” will be held at the Marriott Gateway on the Falls, in Niagara Falls, Ontario, Canada on Tuesday, June 19th. Part of the Technology track, the presentation will outline how card issuers can benefit from instantly issuing EMV®-compliant financial cards. The presentation will also provide real business cases for instant issuance as experienced by other financial issuers. In addition, Vaselenak will discuss industry best practices and the current and upcoming technology options that are available to instant card issuers.

Details

Gemalto Allows Easycard to Deploy Micropayments

Gemalto deployed its next generation multi-application advanced smart cards technology to EasyCard Corporation allowing micropayments on the widely used transport card enjoyed by over 30 million cardholders that ride the metro in the Greater Taipei Area. The new Gemalto Celego card supports both contact and contactless functionalities, allows users to securely check their personal transaction records from the Internet, to make e-payment for government services and to conduct Internet shopping. Gemalto made available its full set of consulting services on specifications, provided operating system development and certification, and advised EasyCard Corporation on the migration path and opportunities to this new high end multi-application product. The Gemalto Celego card has obtained the Common Criteria EAL4+ top level bank security standard certification. This enables EasyCard to meet the Taiwan Financial Supervisory Commission stringent requirements.

Details

Gemalto Discusses Fraud Mitigation at FUNDtech Conference

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gemalto, the world leader in digital security, will speak and exhibit this week at the FUNDtech Insights Conference 2012 presented by FUNDtech and BankServe. The conference hosts two days of educational sessions, product demonstrations and expert presentations on the financial services industry. Gemalto Director of Sales, eBanking Americas, Adam Dolby, is…

Details

Citi Launches Renminbi (RMB) Exporters and Importers Letters of Credits

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citi has launched Renminbi Letters of Credits for Importers and Exporters (RMB LCs) in Latin America, being a leading bank in Latin America to offer a trade services solution suite available in RMB. This new capability will allow clients in Latin America to issue, receive and settle RMB denominated LCs with…

Details

Unemployment Once Again Demonstrates LIttle Change

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Unemployment rate changes were subtle once again in May, up slightly from the April figure of 8.1% to 8.2%. This runs counter- albeit nominal- to the slow and steady improvement seen in April when unemployment fell from 8.2% to 8.1% and from 8.3% in February. With this, the number of unemployed…

Details

Western Union Improve eRemittance Access

Western Union continues to increasingly cater to the needs of web-savvy customers who want greater convenience in their financial services through its online money transfer service. Customers can now use www.WesternUnion.com to send money from the U.S. to India, Mexico and the Philippines fee-free* during a promotional period for people who send money online using their online bank accounts. Receivers can pick up the money at any of the more than 100,000 combined Agent locations in the respective countries. The platform is attracting new customers: over the last 12 months, more than 80 percent of new online customers are new to the company’s customer base, including those with established banking relationships.

Details

LevelUp & Sovereign Bank Launch mWallet Promo

Sovereign Bank partnered LevelUp to launch its mobile wallet promotion. LevelUp’s “First in Mobile Wallet” promotion rewards customers who link their Sovereign Debit MasterCard® to their LevelUp account. LevelUp’s promotion allows Sovereign to directly incentivize consumers to use their Sovereign Debit MasterCard®. LevelUp enables users to pay with their phones, helping them save time and money. Users simply download the free LevelUp app onto their iPhone or Android, link their favorite credit or debit card, then scan their unique LevelUp Code at a business to pay. Businesses on LevelUp can invite new customers to give them a try with a first-time customer bonus and motivate them to become regular customers with loyalty rewards.

Details