Monday, July 18, 2011

Breaking ePayment News from 2Blog4 Site


18 July 2011

VRL: Spending Within Our Means

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  ePayment News         No comments
Top financial and professional services information provider VRL has
released a new report – ‘Debit Cards As Profit Drivers’ – stating that a
combination of consumer confidence, tightening of credit markets and
regulatory directives is resulting in debit cards beginning to outnumber
credit cards in key markets world-wide.
The ratio of issued debit cards to …
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18 July 2011

Payment Alliance International Announces PAIWebstore.com Launch

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  ePayment News         No comments
Payment
Alliance International (PAI), a leader in electronic payment
processing solutions and the Electronic
Transactions Association’s (ETA) 2011 “ISO of the Year,” is pleased
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18 July 2011

NewComLink Secures $10 Million in Series B Funding

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  ePayment News         No comments
NewComLink, a technology pioneer in retail credit solutions, today
announced that it has received $10 million in a Series B round of
financing from Austin Ventures and StarVest Partners. The round was led
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18 July 2011

U.S. Bank Introduces VITAband for People Who Are on the Go and Want to Leave Their Wallets at Home

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U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), continues to be at the
forefront of contactless payments innovation with the introduction of
the U.S. Bank MasterCard® PayPass™ VITAband®, a light-weight and
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18 July 2011

Ceridian Paycards Help Employers Pay Green

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  ePayment News         No comments
Ceridian
Corporation, a leading provider of human
capital management and payroll
outsourcing solutions and a leader in payment innovation, announced
today its Pay Green …
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18 July 2011

NACHA Invites Your Presentation Submissions for Its 2011 Council MEGA Meeting, October 19-29, Boston, Massachusetts

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NACHA invites your submission proposals for its 2011 Council MEGA Meeting, October 19-20, in Boston, Massachusetts.
To learn more or to submit your proposal online, visit NACHA's call for submissions page.
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18 July 2011

Join Us for the NACHA Council MEGA Meeting, October 19-20, 2011, Boston, Massachusetts

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October 19-20, 2011
Renaissance Boston Waterfront Hotel
Boston, Massachusetts
The 2011 NACHA Council MEGA Meeting will take place at the Renaissance Boston Waterfront Hotel in Boston, Massachusetts on October 19-20, 2011. NACHA’s Council MEGA Meeting offers a unique opportunity for Industry Council (Council for Electronic Billing and Payments, Electronic Check Council, and …
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18 July 2011

NACHA Invites Your Feedback on Request for Information — Mobile and P2P ACH Payments and Request for Comment — Pain Points in the Rules

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 NACHA Request for Information and Request for Comment
June 27, 2011
NACHA is requesting feedback on two topics related to the NACHA Operating Rules:
Request for Information – Mobile and P2P ACH Payments – Feedback Due by Friday, August 12, 2011
Request for Comment/Request for Information – Pain Points in the Rules – Comments and …
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18 July 2011

Fraudulent Emails Appearing to Come from NACHA Action Requested

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Ensure that Frontline Staff Understand Sustained and Evolving Nature of Attacks
Action Requested

NACHA requests that financial institutions, billers, and payment providers ensure that their frontline staff — those who interact with customers — understand the sustained and evolving nature of these attacks. Organizations may wish to consider designating a …
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18 July 2011

Study Shows Small Businesses Who Use Direct Deposit via ACH Likely to Embrace Direct Payment via ACH

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Findings Issued as Part of Direct Deposit/Direct Payment Month and in conjunction with U.S. Treasury Statement on Direct Deposit
FOR IMMEDIATE RELEASE

Contact:
Colleen Morrison                                 
NACHA                                              
703-561-3925                                                                          
cmorrison@nacha.org
HERNDON, Va., May 19, 2011 – Small businesses who already use Direct Deposit to pay employees are prime candidates for Direct Payment, according to NACHA — The …
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18 July 2011

Study Shows Ample Room for Direct Deposit Growth in Small Businesses

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FOR IMMEDIATE RELEASE

Contact:
Colleen Morrison                                    Marcia Danzeisen
NACHA                                                      SVP, FIS Global Marketing and Communications
703-561-3925 (office)                            904-854-5083                                      
703-622-9159 (cell)                                marcia.danzeisen@fisglobal.com
cmorrison@nacha.org

AUSTIN, Texas, April 5, 2011 – Two-thirds of small businesses in the United States don’t offer Direct Deposit to their employees, according to a new study from NACHA — The Electronic Payments Association and eCom …
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18 July 2011

NACHA Announces 2011 Payments System Awards Recipients

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Contact:
Colleen Morrison
NACHA
703-622-9159
cmorrison@nacha.org

AUSTIN, Texas, April 5, 2011 – NACHA — The Electronic Payments Association today announced the recipients of its 2011 Payments System Awards. The winners are being recognized during the Payments Systems Award Luncheon, sponsored by TD Bank, at NACHA’s PAYMENTS 2011 conference.

The Payments System Awards recognize outstanding individuals and …
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18 July 2011

NACHA Reports Results from 10 Years of ACH Quality Initiative

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Contact:
Colleen Morrison
NACHA
703-561-3925 (office)
703-622-9159 (onsite)
cmorrison@nacha.org


NACHA Reports Results from 10 Years of ACH Quality Initiative

Unauthorized debit return rate declines nearly 70 percent over period

AUSTIN, Texas, April 4, 2011 – NACHA — The Electronic Payments Association today released trend data examining 10 years of ACH quality. A result of the ACH Quality …
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18 July 2011

NACHA to Participate in Healthcare Industry’s Development of Operating Rules for Electronic Transactions

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Contact:
Colleen Morrison
NACHA
703-561-3925 (office)
703-622-9159 (onsite)
cmorrison@nacha.org
White Paper Will Detail Barriers to Healthcare Adoption of EFT and ERA
AUSTIN, Texas, April 5, 2011— NACHA — The Electronic Payments Association today announced it will participate in the development of healthcare operating rules for electronic funds transfers (EFTs) and electronic remittance advices (ERAs); an effort which …
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18 July 2011

ACH Payments Exceed 19.4 Billion in 2010

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FOR IMMEDIATE RELEASE
Contact:
Colleen Morrison
NACHA
703-561-3925 (office)
703-622-9159 (onsite)
cmorrison@nacha.org
NACHA Announces Largest ACH Originators and Receivers
AUSTIN, Texas, April 4, 2011 – Total ACH payment volume grew to 19,406,103,109[1] in 2010, up 3.44 percent over 2009, according new statistics released today by NACHA — The Electronic Payments Association at its PAYMENTS 2011 conference. Coinciding with …
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18 July 2011

Germany’s IPhone Warning Scant Threat To Mobile Banking

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  ePayment News         No comments
Germany’s Federal Office for Information Security warned last week about a vulnerability in the way Apple’s iOS devices such as the iPad, iPhone and iPod Touch deal with PDF files.
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18 July 2011

Kahuna Identifies ATM ISOs’ Problems, Offers Strategy Suggestions

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  ePayment News         No comments
An ATM services provider sums up the situation this way: “Don’t be discouraged. There is still ample opportunity within the ATM industry.”
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18 July 2011

Inaugural Co-op ‘Think Prize’ Goes To Enabler Of Mobile Access To ATMs

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  ePayment News         No comments
When Matt Weidler made the long walk from his desk to the ATM and realized he had forgotten his debit card yet again, he decided the best thing to do was to reinvent the ATM.
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18 July 2011

Consumer Bureau’s Plans For Prepaid Somewhat Of A Mystery

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  ePayment News         No comments
The Consumer Financial Protection Bureau likely will focus on the mortgage industry when it officially opens its doors July 21, some observers believe
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18 July 2011

Bank of America Charitable Foundation Announces $50 Million Three-Year Pledge to Education as a Path to Workforce Success

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  ePayment News         No comments
The Bank of America Charitable Foundation today announced a goal to
invest $50 million over the next three years toward education
initiatives leading to economic self-sufficiency through employment. The
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18 July 2011

High Street Partners and NACUBO Introduce International Resource Center

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International business services firm High
Street Partners (HSP) has partnered with The National Association of
College and University Business Officers (NACUBO) to launch the International
Resource Center (IRC). The …
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18 July 2011

Scott Cruickshank Named CEO of CSIdentity

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  ePayment News         No comments
CSIdentity, a leading provider of global, enterprise-level identity
protection and fraud detection technologies and solutions, today
announced the appointment of Scott Cruickshank to the position of CEO.
Cruickshank will …
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18 July 2011

Andrew Pilkington to Lead J.P. Morgan’s Commercial Card Business

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  ePayment News         No comments
Today, J.P. Morgan (NYSE: JPM) announced that Andrew Pilkington will
assume leadership responsibilities for the organization’s Commercial
Card business. He will continue to report to Gordon Smith, chief
executive …
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