FIS Horizon Platform Selected by Six More Community Banks

News Releases

FIS HORIZON Selected by Six More Community Banks

Many community banks like Frederick County Bank are choosing FIS as their trusted core technology provider

JACKSONVILLE, Fla., March 24, 2010 – FIS™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, today announced that it has completed six new agreements for its HORIZON core banking platform so far this year. These six wins are in addition to the 16 HORIZON deals FIS inked in 2009.

HORIZON is a highly integrated, core account processing solution equipped to meet the needs of financial institutions. It offers clients enhanced financial reporting capabilities, innovative transaction processing and advanced relationship management technology to help banks gain a more comprehensive view of their customers. HORIZON is built to run on the IBM® iSeries platform and offers flexibility in deployment options, including licensed in-house software or a variety of outsourcing options.



Frederick County Bank, a community bank located in Frederick, Maryland, is one of the six newest HORIZON clients. “Long-term, part of FCB’s strength can be attributed to strategic alliances with equally strong and stable business partners such as FIS,” said Marty Lapera, president and chief executive officer of Frederick County Bank. “FCB is a very healthy bank and we have an aggressive growth strategy in place for 2010. We required a technology platform that would support our plan for expansion and believe that we will achieve that with FIS’ HORIZON system.”



FCB conducted an extensive search for a new core system that included bank-wide employee involvement, an independent consultant and also focused on requests from customers to enhance online banking applications, including bill payment for both personal and business accounts.



“Based on our core processing due diligence, we believe converting to HORIZON complements our existing products and services from FIS and provides us with significant efficiencies and a foundation for future growth,” stated Jay M. House, senior vice president and chief technology officer at Frederick County Bank. “Through staff recommendations, we were confident that HORIZON offered much more than standard functionality, flexibility and a commitment to develop and deliver enhancements, as well as excellent integration and support. Our strong partnership with FIS will help us to offer quality customer service to consumers and businesses for many years to come.”



“Partnerships with successful community institutions like Frederick County Bank are very important to FIS,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “The momentum that FIS is experiencing with its highly integrated HORIZON platform translates to gaining additional market share. FIS’ HORIZON is increasingly sought after by community banks who are interested in innovative core technology that will enable them to compete more effectively with larger banks.”



About Frederick County Bank

Frederick County Bank commenced operations in 2001 and has posted positive quarterly earnings continuously since 2002, its second year in operation. The Bank is headquartered in Frederick, Maryland, and conducts full service commercial banking services through four offices, three of which are in the City of Frederick and one office located in Walkersville, Maryland. Frederick County Bank maintains a solid Four Star Rating from Bankrate.com as of September 30, 2009 and the top Five Star Rating from Bauer Financial, Inc., as of December 31, 2009.



About FIS

FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.

 

For More Information:

Marcia Danzeisen, SVP, Global Marketing and Communications

Phone: 904.854.5083, Email: marcia.danzeisen@fisglobal.com

Mary Waggoner, SVP, Investor Relations, FIS

Phone: 904.854.3282, Email: mary.waggoner@fisglobal.com 

FIS Horizon Platform Selected by Six More Community Banks

News Releases

FIS HORIZON Selected by Six More Community Banks

Many community banks like Frederick County Bank are choosing FIS as their trusted core technology provider

JACKSONVILLE, Fla., March 24, 2010 – FIS™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, today announced that it has completed six new agreements for its HORIZON core banking platform so far this year. These six wins are in addition to the 16 HORIZON deals FIS inked in 2009.

HORIZON is a highly integrated, core account processing solution equipped to meet the needs of financial institutions. It offers clients enhanced financial reporting capabilities, innovative transaction processing and advanced relationship management technology to help banks gain a more comprehensive view of their customers. HORIZON is built to run on the IBM® iSeries platform and offers flexibility in deployment options, including licensed in-house software or a variety of outsourcing options.



Frederick County Bank, a community bank located in Frederick, Maryland, is one of the six newest HORIZON clients. “Long-term, part of FCB’s strength can be attributed to strategic alliances with equally strong and stable business partners such as FIS,” said Marty Lapera, president and chief executive officer of Frederick County Bank. “FCB is a very healthy bank and we have an aggressive growth strategy in place for 2010. We required a technology platform that would support our plan for expansion and believe that we will achieve that with FIS’ HORIZON system.”



FCB conducted an extensive search for a new core system that included bank-wide employee involvement, an independent consultant and also focused on requests from customers to enhance online banking applications, including bill payment for both personal and business accounts.



“Based on our core processing due diligence, we believe converting to HORIZON complements our existing products and services from FIS and provides us with significant efficiencies and a foundation for future growth,” stated Jay M. House, senior vice president and chief technology officer at Frederick County Bank. “Through staff recommendations, we were confident that HORIZON offered much more than standard functionality, flexibility and a commitment to develop and deliver enhancements, as well as excellent integration and support. Our strong partnership with FIS will help us to offer quality customer service to consumers and businesses for many years to come.”



“Partnerships with successful community institutions like Frederick County Bank are very important to FIS,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “The momentum that FIS is experiencing with its highly integrated HORIZON platform translates to gaining additional market share. FIS’ HORIZON is increasingly sought after by community banks who are interested in innovative core technology that will enable them to compete more effectively with larger banks.”



About Frederick County Bank

Frederick County Bank commenced operations in 2001 and has posted positive quarterly earnings continuously since 2002, its second year in operation. The Bank is headquartered in Frederick, Maryland, and conducts full service commercial banking services through four offices, three of which are in the City of Frederick and one office located in Walkersville, Maryland. Frederick County Bank maintains a solid Four Star Rating from Bankrate.com as of September 30, 2009 and the top Five Star Rating from Bauer Financial, Inc., as of December 31, 2009.



About FIS

FIS delivers banking and payments technologies to more than 14,000 financial institutions and businesses in over 100 countries worldwide. FIS provides financial institution core processing, and card issuer and transaction processing services, including the NYCE® Network. FIS maintains processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and consistently holds a leading ranking in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 on a global basis. FIS is listed on the New York Stock Exchange under the “FIS” ticker symbol. For more information about FIS see www.fisglobal.com.

 

For More Information:

Marcia Danzeisen, SVP, Global Marketing and Communications

Phone: 904.854.5083, Email: marcia.danzeisen@fisglobal.com

Mary Waggoner, SVP, Investor Relations, FIS

Phone: 904.854.3282, Email: mary.waggoner@fisglobal.com 

IRCE 2010: $200 Early-Bird Discount Expires in Just 7 Days When you consider everything it offers, the sixth annual 2010 Internet Retailer Conference & Exhibition at the new McCormick Place West in Chicago on June 8-11 is an enormous value. Even its standard registration fees are lower than other e-retailing shows. But our lowest registration fees are in effect for just 7 more days, when the $200 Early-Bird Discount expires. With the Early-Bird Discount, IRCE becomes an incredible bargain—11% off the standard rates that go into effect April 1 and 20% off the onsite fees. Low registration fees are not the primary reason IRCE has averaged more than 5,000 attendees in each of the last two years, double the attendance of the other two e-retailing shows combined. IRCE is the world's largest e-commerce event because it offers attendees what no other e-retailing conference matches. Its 175 expert speakers, each selected by Internet Retailer's editors based solely on that speaker's expertise on the assigned topic, provide unmatched practical e-retailing intelligence. The 91-session agenda at IRCE 2010 is also carefully developed around a central theme that defines the challenges that face all e-retailers right now—Time to Reboot: Get Ready for E-Retailing's Return to Double-Digit Growth. Visit IRCE2010.com for full details. But don't wait to register, because the $200 Early-Bird Registration Discount expires in just 7 days. And if your company registers three or more attendees for IRCE, each one gets a 25% discount off the Early-Bird rates—a whopping 33% off the single two-day registration fee that becomes effective April 1. See Everything America's Largest E-Commerce Show Offers You 175 Expert Speakers IRCE 2010 features an impressive roster of 175 e-retailing professionals, each of whom have been chosen by Internet Retailer's editorial team based solely on their expertise on the subject they are asked to address, and not based any sponsorship or other commercial consideration. That assures that presentations provide actionable e-commerce information instead of sales pitches. During the four days of the conference, our experts will speak on every vital aspect of e-commerce strategy, technology, marketing and operations. Some higher-level presentations are offered in general sessions, but most are organized in five conference tracks and workshops, allowing attendees to tailor their own conference experience around their specific information needs. All sessions are digitally recorded and after the show attendees are provided online access to all presentation slides and speaker audio. See All IRCE Speakers | See IRCE Agenda 375 Exhibiting Companies The 170,000-square-foot Exhibit Hall at IRCE 2010 provides as much information on e-commerce tools as the speakers provide about e-retailing strategies and practices. This year's Exhibit Hall will house the booths of 375 e-retailing solution providers making it the largest display of e-commerce technology in the world. If you're looking to enhance your retail web site in the coming year, the Exhibit Hall at IRCE is the best place to find the technology and services that meets your needs, because the vendors exhibiting in the hall account for more than 90% of the e-commerce solutions market. See IRCE Exhibit Hall Five Day-Long Workshops For e-retailers who want to dig even deeper into the most pressing e-commerce issues facing them as they seek to return to double-digit growth, IRCE day-long workshops, each of which is focused on a single aspect of online retailing that is critical to success. At IRCE 2010, the number of such all-day workshops has been expanded to five choices—each one consisting of day long sessions where e-retailers will receive highly detailed and practical information that allows them to gain mastery a critical component of their online business. See All Five Workshops Networking Opportunities Galore No e-commerce conference offers more opportunities for e-retailers to network with other players throughout the e-commerce market. There are two reasons for that. One involves the many networking events the IRCE offers—two lunches, two cocktail receptions, a gala dinner banquet, frequent beverage breaks and an Exhibit Hall that features ample seating for informal meetings, large cyber cafes, and a host of prize drawings. We hold these events because we understand that exchanging ideas and experiences with your peers is a primary reason for attending any industry conference. What makes the networking experience at IRCE 2010 even richer its extremely diverse attendance—a wide range of e-commerce players from different industries, size companies and market segments. Valuable Bonuses, Takeaways & Prizes It wouldn't be IRCE if there were not a raft of takeaways and prizes. All conference attendees receive one free copy (a $65 value) of the 2010 Top 500 Guide, which rolls off the press just before the show. Attendees also receive free post-show web access to the digital recordings (slide presentations synchronized with speaker audio) of all conference sessions for which they are registered. And the Exhibit Hall experience includes drawings for four vacation packages and for the grand prize of a 2010 Corvette Grand Sport convertible that goes to the winner of the "Win-the-Wheels" Booth Tour Contest.

IR Promotions | 125 S. Wacker Drive | Suite 2900 | Chicago, IL 60606-4439 | US

IRCE 2010: $200 Early-Bird Discount Expires in Just 7 Days When you consider everything it offers, the sixth annual 2010 Internet Retailer Conference & Exhibition at the new McCormick Place West in Chicago on June 8-11 is an enormous value. Even its standard registration fees are lower than other e-retailing shows. But our lowest registration fees are in effect for just 7 more days, when the $200 Early-Bird Discount expires. With the Early-Bird Discount, IRCE becomes an incredible bargain—11% off the standard rates that go into effect April 1 and 20% off the onsite fees. Low registration fees are not the primary reason IRCE has averaged more than 5,000 attendees in each of the last two years, double the attendance of the other two e-retailing shows combined. IRCE is the world's largest e-commerce event because it offers attendees what no other e-retailing conference matches. Its 175 expert speakers, each selected by Internet Retailer's editors based solely on that speaker's expertise on the assigned topic, provide unmatched practical e-retailing intelligence. The 91-session agenda at IRCE 2010 is also carefully developed around a central theme that defines the challenges that face all e-retailers right now—Time to Reboot: Get Ready for E-Retailing's Return to Double-Digit Growth. Visit IRCE2010.com for full details. But don't wait to register, because the $200 Early-Bird Registration Discount expires in just 7 days. And if your company registers three or more attendees for IRCE, each one gets a 25% discount off the Early-Bird rates—a whopping 33% off the single two-day registration fee that becomes effective April 1. See Everything America's Largest E-Commerce Show Offers You 175 Expert Speakers IRCE 2010 features an impressive roster of 175 e-retailing professionals, each of whom have been chosen by Internet Retailer's editorial team based solely on their expertise on the subject they are asked to address, and not based any sponsorship or other commercial consideration. That assures that presentations provide actionable e-commerce information instead of sales pitches. During the four days of the conference, our experts will speak on every vital aspect of e-commerce strategy, technology, marketing and operations. Some higher-level presentations are offered in general sessions, but most are organized in five conference tracks and workshops, allowing attendees to tailor their own conference experience around their specific information needs. All sessions are digitally recorded and after the show attendees are provided online access to all presentation slides and speaker audio. See All IRCE Speakers | See IRCE Agenda 375 Exhibiting Companies The 170,000-square-foot Exhibit Hall at IRCE 2010 provides as much information on e-commerce tools as the speakers provide about e-retailing strategies and practices. This year's Exhibit Hall will house the booths of 375 e-retailing solution providers making it the largest display of e-commerce technology in the world. If you're looking to enhance your retail web site in the coming year, the Exhibit Hall at IRCE is the best place to find the technology and services that meets your needs, because the vendors exhibiting in the hall account for more than 90% of the e-commerce solutions market. See IRCE Exhibit Hall Five Day-Long Workshops For e-retailers who want to dig even deeper into the most pressing e-commerce issues facing them as they seek to return to double-digit growth, IRCE day-long workshops, each of which is focused on a single aspect of online retailing that is critical to success. At IRCE 2010, the number of such all-day workshops has been expanded to five choices—each one consisting of day long sessions where e-retailers will receive highly detailed and practical information that allows them to gain mastery a critical component of their online business. See All Five Workshops Networking Opportunities Galore No e-commerce conference offers more opportunities for e-retailers to network with other players throughout the e-commerce market. There are two reasons for that. One involves the many networking events the IRCE offers—two lunches, two cocktail receptions, a gala dinner banquet, frequent beverage breaks and an Exhibit Hall that features ample seating for informal meetings, large cyber cafes, and a host of prize drawings. We hold these events because we understand that exchanging ideas and experiences with your peers is a primary reason for attending any industry conference. What makes the networking experience at IRCE 2010 even richer its extremely diverse attendance—a wide range of e-commerce players from different industries, size companies and market segments. Valuable Bonuses, Takeaways & Prizes It wouldn't be IRCE if there were not a raft of takeaways and prizes. All conference attendees receive one free copy (a $65 value) of the 2010 Top 500 Guide, which rolls off the press just before the show. Attendees also receive free post-show web access to the digital recordings (slide presentations synchronized with speaker audio) of all conference sessions for which they are registered. And the Exhibit Hall experience includes drawings for four vacation packages and for the grand prize of a 2010 Corvette Grand Sport convertible that goes to the winner of the "Win-the-Wheels" Booth Tour Contest.

IR Promotions | 125 S. Wacker Drive | Suite 2900 | Chicago, IL 60606-4439 | US

Visa Switching to Chip and PIN in New Zealand

Credit card companies play security catchup

By ROELAND VAN DEN BERGH - The Dominion Post

Alarming News for the future of magnetic stripe cards?

Rising fraud and the Rugby World Cup have pushed credit card companies to ditch magnetic swipe cards in favour of more-secure chip cards from next month.  Visa regional manager Ian McKindley said all credit cards issued from April 1 would have a microchip embedded in them.

All 2.6 million Visa credit cards on issue in New Zealand will be replaced with chip cards within four years.

Visa’s Country Manager for New Zealand, Sean Preston, said Visa was working with financial institutions and retailers to upgrade more than 2.6 million Visa cards in New Zealand[1] and thousands of merchant point of sale terminals and ATMs to chip and PIN technology.

“From April 2010, all new Visa credit cards issued in New Zealand will feature secure embedded smart chips to give New Zealanders a higher level of confidence in the security of their transactions,” Mr Preston said. “This will be followed by the upgrade of Visa debit and reloadable prepaid cards from April 2012,” he added.

As part of a range of security improvements, signing for credit card payments will be banned from April 2012 and a Pin to verify transaction will become mandatory for swipe cards. About a third of customers still sign for credit card transactions.

"While signatures served us well over the years it has never stopped a fraudster," Mr McKindley said.

Continue Reading

Editor's Note:  We manufacture an EMV (Smart Card Reader) version of our PCI 2.0 Certified PIN Entry Device.  Rather than swiping the card in a magnetic card reader, you would insert your card in our chip reader and, as is done now, enter your PIN.  For more information on our EMV Card Reader, please contact me.

Visa Switching to Chip and PIN in New Zealand

Credit card companies play security catchup

By ROELAND VAN DEN BERGH - The Dominion Post

Alarming News for the future of magnetic stripe cards?

Rising fraud and the Rugby World Cup have pushed credit card companies to ditch magnetic swipe cards in favour of more-secure chip cards from next month.  Visa regional manager Ian McKindley said all credit cards issued from April 1 would have a microchip embedded in them.

All 2.6 million Visa credit cards on issue in New Zealand will be replaced with chip cards within four years.

Visa’s Country Manager for New Zealand, Sean Preston, said Visa was working with financial institutions and retailers to upgrade more than 2.6 million Visa cards in New Zealand[1] and thousands of merchant point of sale terminals and ATMs to chip and PIN technology.

“From April 2010, all new Visa credit cards issued in New Zealand will feature secure embedded smart chips to give New Zealanders a higher level of confidence in the security of their transactions,” Mr Preston said. “This will be followed by the upgrade of Visa debit and reloadable prepaid cards from April 2012,” he added.

As part of a range of security improvements, signing for credit card payments will be banned from April 2012 and a Pin to verify transaction will become mandatory for swipe cards. About a third of customers still sign for credit card transactions.

"While signatures served us well over the years it has never stopped a fraudster," Mr McKindley said.

Continue Reading

Editor's Note:  We manufacture an EMV (Smart Card Reader) version of our PCI 2.0 Certified PIN Entry Device.  Rather than swiping the card in a magnetic card reader, you would insert your card in our chip reader and, as is done now, enter your PIN.  For more information on our EMV Card Reader, please contact me.

CashEdge Signs Boeing Employee Credit Union to P2P Platform

Boeing Employees' Credit Union (BECU), the largest credit union in Washington and one of the top five financial cooperatives in the United States, has launched CashEdge's person-to-person (P2P) payments service, Popmoney™. Popmoney is an email and mobile person-to-person payments service that allows bank customers to send money directly from their online or mobile banking service, using the recipient's email, mobile number or bank account information. CashEdge, Inc. (www.cashedge.com), the leading provider of Intelligent Money Movement™ services, announced today that Boeing Employees' Credit Union (BECU), the largest credit union inWashington and one of the top five financial cooperatives in the United States, has launched CashEdge's person-to-person (P2P) payments service, Popmoney™, to its members.  BECU, which has over 600,000 members, began offering Popmoney on March 20 through its website www.becu.org. Popmoney is the first email and mobile person-to-person payments service that allows credit union members and bank customers to send money directly from their online or mobile banking service, simply using the recipient's email, mobile number or bank account information. Popmoney provides support for text messaging, WAP and downloadable mobile applications, enabling financial institutions to extend their P2P functionality to mobile phones. "We are excited to be the first credit union in the country to offer this service.  At BECU we strive to make banking as easy and convenient as possible for our members.  That means offering services that allow them to bank wherever and whenever they want," said Howie Wu, Vice President of Virtual Banking, BECU. "Popmoney helps us meet that goal by extending the reach of our online and mobile banking capabilities to include person-to-person payments – a simple, secure and convenient way for our members to send money directly from their BECU account to anyone for free." "BECU is a great partner," said Neil Platt, Senior Vice President and General Manager, US Banking, CashEdge Inc. "They understand the importance of bringing innovation and service to their clients, and they've demonstrated that understanding by being industry leaders in delivering Popmoney.  We expect that Popmoney will help drive acquisition and client engagement – creating new revenue streams for them." Popmoney leverages the proven reliability, security and strength of CashEdge's money movement platform, which in 2008 processed nearly $50 billion in funds transfers for bank customers. For current CashEdge clients, Popmoney is a simple upgrade of their existing TransferNow service. To learn more about CashEdge's Intelligent Money Movement Services, visit www.cashedge.com. About BECU Governed by a volunteer Board of Directors, BECU is a not-for-profit credit union owned by the members. Profits are returned to the members in the form of better rates and fewer fees. With more than 600,000 members and more than $8.6 billion in assets, BECU is the largest credit union in Washington and one of the top five financial cooperatives in the country. BECU currently operates over 40 locations in the Puget Sound region. All Washington state residents and students attending Washington colleges and universities are eligible to join. About CashEdge CashEdge is a leading provider of Intelligent Money Movement™ solutions for financial institutions, including mobile and online person-to-person (P2P) payments, account transfers, account opening and funding, small business applications and financial account aggregation. The Company's clients include hundreds of leading financial institutions, including seven of the ten largest banks in the country, for which they move more than $50B every year. CashEdge's newest offering, Popmoney™, is a bank-enabled P2P service that is live at leading banks in the U.S. CashEdge's industry-leading products include Popmoney™ for person-to-person payments; OpenNow®/FundNow® for new account opening and funding; TransferNow® for Consumers, which includes Me-to-Me and Third Party Transfers; and TransferNow® for Small Businesses, which includes Invoicing, Me-to-Me Transfers, Employee Payments and Vendor Payments. All CashEdge products are supported by industry-leading risk management capabilities that leverage proprietary technology to help financial institutions mitigate risk and decrease fraud exposure. The Company is headquartered in New York with offices in Silicon Valley and India. For more information, visitwww.cashedge.com.

Read The Whole Story http://www.prnewswire.com/news-releases/becu-launches-cashedges-popmoneytm-person-to-perso n-pay....

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• CashEdge and Firethorn to Launch Integrated Mobile Person-to-Person Payments Solution for Financial Institutions (pindebit.blogspot.com)

CashEdge Signs Boeing Employee Credit Union to P2P Platform

Boeing Employees' Credit Union (BECU), the largest credit union in Washington and one of the top five financial cooperatives in the United States, has launched CashEdge's person-to-person (P2P) payments service, Popmoney™. Popmoney is an email and mobile person-to-person payments service that allows bank customers to send money directly from their online or mobile banking service, using the recipient's email, mobile number or bank account information. CashEdge, Inc. (www.cashedge.com), the leading provider of Intelligent Money Movement™ services, announced today that Boeing Employees' Credit Union (BECU), the largest credit union inWashington and one of the top five financial cooperatives in the United States, has launched CashEdge's person-to-person (P2P) payments service, Popmoney™, to its members.  BECU, which has over 600,000 members, began offering Popmoney on March 20 through its website www.becu.org. Popmoney is the first email and mobile person-to-person payments service that allows credit union members and bank customers to send money directly from their online or mobile banking service, simply using the recipient's email, mobile number or bank account information. Popmoney provides support for text messaging, WAP and downloadable mobile applications, enabling financial institutions to extend their P2P functionality to mobile phones. "We are excited to be the first credit union in the country to offer this service.  At BECU we strive to make banking as easy and convenient as possible for our members.  That means offering services that allow them to bank wherever and whenever they want," said Howie Wu, Vice President of Virtual Banking, BECU. "Popmoney helps us meet that goal by extending the reach of our online and mobile banking capabilities to include person-to-person payments – a simple, secure and convenient way for our members to send money directly from their BECU account to anyone for free." "BECU is a great partner," said Neil Platt, Senior Vice President and General Manager, US Banking, CashEdge Inc. "They understand the importance of bringing innovation and service to their clients, and they've demonstrated that understanding by being industry leaders in delivering Popmoney.  We expect that Popmoney will help drive acquisition and client engagement – creating new revenue streams for them." Popmoney leverages the proven reliability, security and strength of CashEdge's money movement platform, which in 2008 processed nearly $50 billion in funds transfers for bank customers. For current CashEdge clients, Popmoney is a simple upgrade of their existing TransferNow service. To learn more about CashEdge's Intelligent Money Movement Services, visit www.cashedge.com. About BECU Governed by a volunteer Board of Directors, BECU is a not-for-profit credit union owned by the members. Profits are returned to the members in the form of better rates and fewer fees. With more than 600,000 members and more than $8.6 billion in assets, BECU is the largest credit union in Washington and one of the top five financial cooperatives in the country. BECU currently operates over 40 locations in the Puget Sound region. All Washington state residents and students attending Washington colleges and universities are eligible to join. About CashEdge CashEdge is a leading provider of Intelligent Money Movement™ solutions for financial institutions, including mobile and online person-to-person (P2P) payments, account transfers, account opening and funding, small business applications and financial account aggregation. The Company's clients include hundreds of leading financial institutions, including seven of the ten largest banks in the country, for which they move more than $50B every year. CashEdge's newest offering, Popmoney™, is a bank-enabled P2P service that is live at leading banks in the U.S. CashEdge's industry-leading products include Popmoney™ for person-to-person payments; OpenNow®/FundNow® for new account opening and funding; TransferNow® for Consumers, which includes Me-to-Me and Third Party Transfers; and TransferNow® for Small Businesses, which includes Invoicing, Me-to-Me Transfers, Employee Payments and Vendor Payments. All CashEdge products are supported by industry-leading risk management capabilities that leverage proprietary technology to help financial institutions mitigate risk and decrease fraud exposure. The Company is headquartered in New York with offices in Silicon Valley and India. For more information, visitwww.cashedge.com.

Read The Whole Story http://www.prnewswire.com/news-releases/becu-launches-cashedges-popmoneytm-person-to-perso n-pay....

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• CashEdge and Firethorn to Launch Integrated Mobile Person-to-Person Payments Solution for Financial Institutions (pindebit.blogspot.com)

MasterCard Global Risk Management Conference

MasterCard Global Risk Management Conference Only 1 Week Left to Get the Early Bird Rate. Hurry, offer expires March 31st! Join MasterCard, industry thought leaders, and your colleagues in collaborative and thought provoking sessions focused on arming you with the latest knowledge and strategies for mitigating fraud.  Book by March 31st to get the early bird discount. Save up to $600 with the bundle package!    Gain perspective from industry experts on the challenges facing the payment card industry today.  Event topics include: • Empowering the Cardholder in the Fight Against Fraud • Third Party Processing: Fighting the Fraudsters • Bustout and Credit Abuse Activities • The Data-Driven Fraud Fight: Putting Analytics and Performance Metrics to Work for You Click here to see the agenda. Don’t miss our NEW Pre & Post Conference Seminars • PCI: Lessons to be Learned from Data Breaches • Compliance Day: An Insider's Guide to Protecting Your Business & Improving Compliance Performance Be sure to sign up for our new social networking option that allows you to connect with fellow attendees as soon as you register. INNOVATE. COLLABORATE. EDUCATE. Don't miss The Americas - MasterCard Global Risk Management Conference SAVE $250 NOW REGISTER BEFORE MARCH 31! Time is running out. Don't miss the conference early bird registration rates. MasterCard Global Risk Management Conference - The Americas May 4-7, 2010 in Orlando, FL Register Para ver la version en español del sitio web, por haga clic aqui.   For additional information on the MasterCard Academy of Risk Management, please visit our web site at www.mastercard.com/arm