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Loomis, a Sweden-based cash handling company, has acquired the Spanish cash handling company Efectivox for EUR17.5m.
Banking Services > Payments > News
Loomis acquires Spanish cash handling company Efectivox
Banking Services > Payments > News
InspirePay had introduced the first universal payment platform that sums up all internet payment options into single, secure and customizable payment platform.
Banking Services > Payments > News
InspirePay introduces universal payment platform
Banking Services > Payments > News
US-based MoneyGram International has partnered with Ukraine-based Oschadbank to help expand money transfer services in Ukraine and CIS region.
Banking Services > Payments > News
MoneyGram, Oschadbank agree to offer money transfer services in Ukraine
Banking Services > Payments > News
Monitise has signed a five year strategic partnership agreement with banking and payments technologies provider, FIS, to develop mobile money services for existing and new clients in a move that is expected to further strengthen FIS's role for financial institutions.
Banking Services > Online Banking > News
Monitise, FIS agree to develop mobile money services
Banking Services > Online Banking > News
US-based payment services firm Discover Financial Services has reported a net income of $513m, or $0.95 diluted earnings per share, for the fourth quarter of 2011, compared to $350m, or $0.64 diluted earnings per share, for the same period in 2010.
Banking Services > Payments > News
Discover Financial Services Q4 net income rises
Banking Services > Payments > News
VeriFone Systems, a provider of electronic payment solutions, has reported a net income of $198.83m, or $1.84 diluted earnings per share, for the fourth quarter of 2011, compared to $49.44m, or $0.55 diluted earnings per share, for the same period in 2010.
Banking Services > Payments > News
VeriFone Systems Q4 net income surges
Banking Services > Payments > News
Financial institutions are planning to expand remote deposit capture (RDC) and mobile person-to-person (P2P) payments offerings in 2012, according to a survey conducted by Forrester Consulting on behalf of Fiserv.
Banking Services > Online Banking > News
Financial institutions to expand mobile P2P payments offerings in 2012: Survey
Banking Services > Online Banking > News
First Data Corporation, a provider of payment processing services, has introduced Global Gateway e4, a new, online payment gateway designed to address eCommerce merchants' business needs.
Banking Services > Payments > News
First Data launches new online payment gateway
Banking Services > Payments > News
International payment cards issuer American Express has launched Payment Software Development Kits (SDKs).
Banking Services > Payments > News
American Express launches payment software development kits
Banking Services > Payments > News
Transaction Network Services (TNS) has signed multi-year payment services agreement to support Open Solutions' payment transaction processing solutions in Canada.
News
TNS to support Open Solutions payment transaction processing solutions in Canada
News
Bank of America Merchant Services and Money Network, a First Data Company, have launched the Money Network Payroll Distribution Service.
Banking Services > Payments > News
Bank of America Merchant Services, Money Network launch money network solution
Banking Services > Payments > News
MoneyGram International has introduced a cash-to-account service with Industrial and Commercial Bank of China (ICBC).
Banking Services > Payments > News
MoneyGram launches cash-to-account service in China
Banking Services > Payments > News
Euronet Germany, a wholly owned subsidiary of Euronet Worldwide, has signed a new ATM outsourcing agreement with Ikano Bank, part of the Swedish Ikano Group.
Banking Services > Payments > News
Euronet Germany signs ATM outsourcing agreement with Ikano Bank
Banking Services > Payments > News
The Western Union Company has launched Small Business Payments, an online payment acceptance and accounts receivable service designed specifically for small-to-midsized businesses.
Banking Services > Payments > News
Western Union launches new payment service for small-to-midsized businesses
Banking Services > Payments > News
Euronet Worldwide, a US-based electronic payments provider, acquires Smart PayNetwork (PayNet), a Romania-based provider of ATM outsourcing services.
Banking Services > Payments > News
Euronet Worldwide acquires Romanian firm Smart PayNetwork
Banking Services > Payments > News
BBR White Paper Recommendations
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
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