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Global online payment platform Payza has rolled out its latest product SimplySendBD, which will enable its members to execute money transfers from US to Bangladesh.
Banking Services > Payments > News
Payza unveils SimplySendBD to offer money transfers from US to Bangladesh
Banking Services > Payments > News
US based payment technology provider TSYS has inked a multi-year agreement with St Mary’s Bank to offer payments services for its consumer credit card portfolios.
Banking Services > Payments > News
TSYS inks payments deal with St Mary’s Bank
Banking Services > Payments > News
US based general purpose reloadable (GPR) prepaid cards provider AccountNow will complete the acquisition of nFinanSe, which is a provider of stored value and prepaid cards distributed at retail stores.
Banking Services > Payments > News
nFinanSe stockholders approve sale of assets to AccountNow
Banking Services > Payments > News
Cross-border payments service provider Earthport has introduced a low value payments service in Turkey as part of its global expansion plan and response to the growing demand for payments in the region.
Banking Services > Payments > News
Earthport launches cross-border payments service in Turkey
Banking Services > Payments > News
Bank of America Merrill Lynch has added US electronic options to its global commission management (GCM) platform, as a new payment gateway for clients who use its research, execution tools, and commission management platforms.
Banking Services > Payments > News
BofA Merrill Lynch adds US Electronic Options to GCM platform
Banking Services > Payments > News
US based e-commerce outsourcing company Digital River has finalized a global payments agreement with Skullcandy, to deploy its World Payments technology in order to set up a localized European e-payments program.
Banking Services > Payments > News
Digital River to offer European payments services for Skullcandy
Banking Services > Payments > News
Global payments and technology company MasterCard has launched its first business model in Mexico to facilitate entry of new players into the financial system for the SME sector.
Banking Services > Online Banking > News
MasterCard launches new business model for Mexican microfinance institutions
Banking Services > Online Banking > News
US Bank, the commercial arm of US Bancorp, has signed an agreement to purchase Florida based prepaid card processing company FSV Payment Systems, which serves companies, governments and other financial institutions.
Banking Services > Payments > News
US Bank buys Florida's FSV Payment Systems
Banking Services > Payments > News
Remittance and foreign currency exchange company UAE Exchange has boosted its relationship with the US based Western Union, to extend their joint operations in Morocco.
Banking Services > Payments > News
UAE Exchange, Western Union extend joint operations in Morocco
Banking Services > Payments > News
MasterCard Worldwide, Comviva Technologies and Tutuka have entered into a strategic collaboration to provide mobile money services, to enable financial inclusion of several consumers across Africa.
Banking Services > Payments > News
MasterCard, Comviva and Tutuka partner to extend mobile money service across Africa
Banking Services > Payments > News
Malauzai Software has launched a standalone mobile payment service, Picture Pay, to enable users to complete payments through the camera on their mobile device.
Banking Services > Online Banking > News
Malauzai launches Picture Pay mobile payment service
Banking Services > Online Banking > News
Global payment services provider The Western Union Company (WU) has introduced new fees for money transfers that originate from the US.
Banking Services > Payments > News
Western Union introduces new fees for money transfers from US
Banking Services > Payments > News
Payment technology provider TSYS has signed an agreement to acquire Utah-based ProPay to gain and capitalize on the growth of mobile and self-enrolment capabilities for small and micro-merchants.
Banking Services > Payments > News
TSYS to buy Utah-based ProPay
Banking Services > Payments > News
US-based Global Payments (GPN) and la Caixa’s joint venture Comercia Global Payments has introduced an interest-free Installment Payment Program, designed primarily for merchants in Spain.
Banking Services > Payments > News
Comercia Global introduces interest-free installment payments in Spain
Banking Services > Payments > News
MoneyGram International has inked a deferred prosecution agreement (DPA) with the US authorities over investigation of transactions involving certain of its US and Canadian agents as well as its fraud complaint data and consumer anti-fraud program, during the period 2003 to early 2009.
Banking Services > Payments > News
MoneyGram inks settlement agreement with US authorities
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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