Tags » Biometrics, Pay By Touch
Aite Group has announced a new report, Biometric Payments and Rewards: A Case Study, that provides an "in-depth review of the deployment of Pay By Touch technology at a grocery store named Green Hills." According to the report, "nine months after the introduction of Pay By Touch's SmartShop loyalty and payment solution, 25% of Green Hills' sales are made via biometric payments, and 28% of those are processed over the Automated Clearing House (ACH) network."
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Tags » India, Mobile Payments, Obopay
Obopay has announced that it is entering the Indian market for mobile payments and has appointed Aditya Menon as chief information and technology officer for India "as part of an international expansion to bring mobile payments to banks, carriers and consumers all over the world."
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Tags » ATM, Banking Industry, Check Imaging, Patents
DataTreasury Corporation has announced a worldwide licensing agreement with Diebold for the use of four of the company's financial transaction patents relating to "technologies involved in the electronic processing of checks and other financial instruments and include claims related to the capture, transmission, encryption, storing and retrieval of electronic images generated from these types of documents."
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Tags » Banking Industry, Financial Regulators
Comptroller of the Currency John C. Dugan recently described how the OCC assists national bank customers with questions and complaints during a speech to banking and finance professionals and consumer advocates.
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Tags » Merchant Acquirers
Moneris Solutions has announced a new partnership with Recreation Sports Management, the creators of www.esportsdeskpro.com, to offer Web-based payments and other services to the company’s athletic leagues, organizations and team clients.
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Tags » Mobile Banking, Mobile Payments, Sapphire Mobile
Sapphire Mobile Systems has announced the live version of its Phire mobile banking and payments network which the company says is currently in trials at two major US financial institutions. The service gives banks and prepaid debit card issuers the ability to provide their customers with instant access to their accounts using the Short Message Service (SMS) - allowing consumers to check balances, transfer money between accounts and pay bills through their bank's existing bill pay system.
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Tags » Announce Yourself!
We have received news of the following recent management changes:
- Scott Powell has been named CEO of Consumer Banking at Chase.
- Leslie Mitchell has been named Director, Network Risk Policy, for NACHA, where she will be responsible for managing the development and deployment of risk management tools and policies for the Automated Clearing House (ACH) Network. Prior to joining NACHA, Leslie was Manager, Operational Risk-Key Risk Indicator & Benchmarking Services with the Risk Management Association. She also served six years with BITS and the Financial Services Roundtable as a Senior Director.
Announce yourself! Have you recently taken on a new position in the payments industry? If you'd like to share the news with your colleagues,
be sure to tell us about it.
Tags » Data Security, Identity Theft
TrustedID has announced what it calls "the first-ever free global service that allows consumers to check a secure database to find out if their personal information has been stolen or compromised." The new service -- StolenID Search -- is powered by "the world’s largest aggregation of stolen and compromised data and contains more than 2 million pieces of information."
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