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« July 12, 2008 | Main | July 15, 2008 »

July 14, 2008

BB&T Introduces New Vault360 Commercial Deposit Service

Tags » Banking Industry, BB&T, Commercial Payments

BB&T has announced Vault360, a new service that will allow the bank to accept and process large cash or check deposits from commercial clients operating anywhere in the continental United States.   » Continue Reading

Citi Launches Citi Managed Identity Services

Tags » Authentication, Citi, Identity Management

Citi has announced the launch of a high-assurance digital identity solution — Citi Managed Identity Services - saying it "enables Citi clients to use digital identity and signature technologies to effectively and securely manage the exchange of electronic information in digital commerce and business critical transactions."   » Continue Reading

SVPCO Sets Records in June for Check Images, Dollar Volume

Tags » Check Imaging, SVPCO

SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company L.L.C., reports that the SVPCO Image Payments Network set records for both monthly items and dollar value in June 2008.   » Continue Reading

DataMatrix Using Chase Rebate Cards

Tags » Chase Card Services, Debit Cards, Prepaid Cards and Stored Value Cards, Visa

DataMatrix Promotions, a marketing fulfillment company, has announced it has enhanced its rebate management capabilities by offering Chase Rebate Cards as part of its suite of payment methods. DataMatrix’s customers now can choose from prepaid debit cards, check disbursement or both when creating customized consumer rebate programs.   » Continue Reading

A Look at American Express's Credit Card Defaults

Tags » American Express, Consumer Debt, Credit Card Debt Counseling

In today's Heard on the Street column, Robin Sidel writes for the Wall St. Journal about the "rising rate of delinquencies and charge-offs" being experienced by American Express in its credit card portfolio.

TransUnion Launches Payment Behaviour Score

Tags » Credit Bureaus, Credit Scores, TransUnion

TransUnion has announced the launch of Payment Behaviour Score - described as "a new score to improve the effectiveness of acquisition and portfolio reviews for credit card businesses. This scoring solution is designed to strengthen relationships with cardholders and enhance the portfolio management strategy for the credit card providers."   » Continue Reading

Headline News - July 14, 2008

Tags » Payments News - Headline News

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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