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September 29, 2011

World's First Everyday Cardless Bank

Movenbank logo 140x60psMovenbank has announced that it will soon begin to "alpha test" its branch-less, paper-less, and card-less banking service.
"This is the reboot of Banking as we know it. Movenbank will combine the best aspects of both a financial services provider and a customer-focused, tech start-up. It is integrating mobile, online engagement, social media and gamification into a new kind of customer experience for banking products and financial services.

Movenbank's Alpha site will launch on 1st October 2011, with commercial operations due to commence in the second half of 2012.

Payments Views: That’s More Like It - NACHA Proposes Same Day ACH

GP Logo Horizontal 140pxOver on our sister blog, Payments Views, Glenbrook's Carol Coye Benson has posted some thoughts on NACHA's recent Request for Comment about its proposed rule change to support "Expedited Processing and Settlement" of ACH transactions.

Simplee Launches Free Online Payments for Medical Bills

Simplee logo 140x60pxSimplee has announced the launch of a fully integrated electronic bill payment service, "making it possible for the first time to pay all of your medical bills and manage all of your health insurance plans and expenses in a single place. Whether for an individual or an entire family, Simplee's Web-based personal health care expense management service is now the easiest way to access a complete snapshot of your health care picture and then pay, reconcile and confirm medical payments at the click of a mouse."

Insolvency Risk in the Network-Branded Prepaid-Card Value Chain

Philadelphia fed logoEarlier this year, "the Payment Cards Center of the Federal Reserve Bank of Philadelphia hosted a workshop to discuss insolvency risk in the network-branded prepaid-card value chain, and, in particular, whether the insolvency of a key participant in the value chain poses a threat to consumers and banks." Philip Keitel has recently published a paper (PDF) that summarizes the information presented at the workshop.

Current Opportunities on

PaymentsJobs logo 140pxSeveral new positions for payments professionals have recently been posted to Glenbrook's payments industry job board in September: Is your company hiring? Are you in the market for qualified payments professionals? You can reach the best candidates here! Post your job openings for payments professionals on!


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