Wednesday, October 18, 2017
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RANCHO CUCAMONGA, Calif. – CO-OP Financial Services is announcing Mobile Banking 3.0, bringing powerful new features to the company’s advanced mobile banking product line.
Mobile Banking 3.0 is available for the CO-OP Mobile custom-branded credit union app and the Sprig by CO-OP turnkey mobile banking app. Upgrades include Touch ID authentication and expanded payment options that make transactions fast, secure and seamless for members wherever they go.
“Top of mobile is top of wallet today as consumers expect to be able to manage their money 24/7,” said Todd Clark, President/CEO of CO-OP Financial Services. “P2P payments specifically are growing by nearly 50 percent year over year, making it critical for credit unions to offer leading-edge technology in this space. CO-OP’s Mobile Banking 3.0 serves today’s digitally-minded consumers with a suite of advanced tools that deliver the speed, convenience and security they require.”
Biometric Security and Custom Settings
The release of Mobile Banking 3.0 gives users of CO-OP Mobile and Sprig the added security of Touch ID fingerprint authentication. In addition to more secure transactions, the technology eliminates the need for passwords, making mobile payments fast and easy for members.
Mobile Banking 3.0 also offers push notifications for scheduled payments, which automatically notify members when transfers are completed. Push notifications can be set for any payment generated in CO-OP Mobile or Sprig, including processing and delivery tracking of RealPay by CO-OP immediate P2P payments.
New P2P Enhancements
With the release of Mobile Banking 3.0, scheduled transfer options are now available for RealPay payments made within both CO-OP Mobile and Sprig. This newest enhancement allows daily, weekly and monthly transfers to be scheduled right from the member’s smartphone.
“What members expect today digitally has been shaped by tech giants like Google, Apple, Facebook and Amazon,” said Clark. “CO-OP is a digital-first organization, and Mobile Banking 3.0 technology is built on our digital infrastructure. In addition to providing a superior mobile experience for members, our mobile banking apps connect credit unions into our digital ecosystem, making it easier for them to offer CO-OP Shared Branching and other services to members.”
For more information, visit www.co-opfs.org.
About CO-OP Financial Services
CO-OP Financial Services is a payments and financial technology company whose mission is ensuring the success of the credit union movement. CO-OP payments solutions, engagement services and strategic counsel help credit unions optimize member experiences to consistently provide seamless, personalized multi-channel offerings, while delivering secure, sophisticated fraud mitigation service. For more information, visit www.co-opfs.org.
Bill Prichard, APR
CO-OP Financial Services
800.782.9042, ext. 3450
As the need for more efficient payments solutions has expanded, Citizens has worked to further enhance its treasury offerings. Incorporating the cloud-based Transactis platform will enable Citizens’ thousands of commercial clients, which range from small businesses to Fortune 500 companies, to rapidly and securely send electronic bills and documents, and accept payments via web sites, phones and mobile devices.
“Citizens is committed to providing our clients with leading treasury management solutions. This technology will allow us to offer our customers advanced, high-quality billing and payment services to help them run their businesses more efficiently,” said Michael Cummins, head of Treasury Solutions at Citizens Bank.
Citizens’ clients will be able to configure the platform so they have control over how they are paid, helping to automate their receivables and streamline operations.
“Both consumers and businesses increasingly prefer viewing and paying their bills through digital channels,” said Transactis CEO Joe Proto. “We look forward to working with Citizens to make sure their commercial clients have the best electronic billing and payment services available.”
Citizens is a trusted strategic and financial advisor, consistently delivering clear and objective advice. The Citizens Commercial Banking approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution to help our clients enhance their business and reach their potential.
Driven by mobile, influenced by data and embedded with security, Diebold Nixdorf’s latest conceptual platform, Fusion, serves as an endpoint that connects industry trends to create tailored consumer experiences across retail and banking. Fusion [pictured], a modular and dynamic retail and banking self-service touchpoint, is made up of three interchangeable user interfaces that can dock and un-dock to any three base options. This enables retailers and financial institutions to rapidly innovate by selecting their cash handling platform and consumer touchpoints independently. If needs change, only the impacted part of the machine needs to be replaced.
Designed to personalize and digitize the consumer journey, the company’s latest innovations transcend today’s traditional thinking of omnichannel and focus on tomorrow’s interplay between banks, retailers and other providers to deliver a connected commerce future through:
- Mobile Apps for Always-On Consumers: In today’s mobile-first world, accessibility and convenience are key influencers. Diebold Nixdorf will showcase its latest mobile application software solution that enables financial institutions and retailers to better engage with consumers and other channels.
- E-commerce Locker Concept: Further connecting the digital to physical consumer journey, one example of the many outputs from the Fusion concept is an e-commerce locker. Whether accessing the goods via near field communications (NFC), biometrics, cash or card, the locker approach seamlessly merges online, mobile and store through a ‘click-and-collect’ model that is quick and convenient for consumers, yet scalable and competitive with online retail giants. The introduction of this concept for an evolving market demonstrates Diebold Nixdorf’s continued innovation and thought leadership at the intersection of digital and physical channels.
- Mobile-Based Facial Biometric Authentication at the ATM: With 47 percent of U.S. online adults (age 18+, online at least weekly) stating that biometric information is more convenient to use than remembering passwords1, adoption continues to rise and drive consumer convenience for simpler, secure authentication. Jointly with Samsung SDS America, Diebold Nixdorf will showcase Samsung SDS NexsignTM, the latest facial recognition authentication method via the ATM, and present on this topic at the
FIDO Alliance Workshop: Identity is Fundamental: What you Need to Know About Identity & The Future of Money on Oct. 25.
- Advanced Data Analytics: By integrating machine learning to harvest and analyze data in real-time via Diebold Nixdorf’s latest data analytics platform, retailers and financial institutions are able to more intuitively serve consumers by making data-driven decisions that improve uptime and serviceability of connected devices.
Additionally, AEVI, a Diebold Nixdorf subsidiary, will be showcasing at booth #601, its open ecosystem that combines value-added apps, payment services and a multi-vendor selection of payment devices, which brings acquirers closer to their merchants and merchants closer to their consumers.
“Diebold Nixdorf’s software-enabled services and technology continue to reshape the market by enabling banks and retailers to move from the omnichannel microcosm to a connected commerce ecosystem,” said Andy Mattes, president and chief executive officer, Diebold Nixdorf. “Our latest innovations are perfect examples of how Diebold Nixdorf continues to help banks and retailers reshape the consumer experience.”
About Diebold Nixdorf
Diebold Nixdorf has a presence in more than 130 countries with approximately 24,000 employees worldwide. The organization maintains corporate offices in
SOURCE Diebold Nixdorf
Media Relations: Renee Murphy, +1-330-490-5825, firstname.lastname@example.org; Investor Relations: Steve Virostek, +1-330-490-6319, email@example.com
SAN JOSE, Calif. – Oct. 17, 2017 – Starting this week, Venmo customers can shop on their mobile phone and make purchases at more than two million U.S. retailers via the mobile web. Venmo customers can now more easily split online purchases among friends and share payments on the Venmo feed, making it easier than ever to celebrate group experiences and remove the awkwardness that comes with cash or checks.
Just in time for the holiday season, Venmo customers can shop at millions of merchants that accept PayPal – such as Lululemon, Forever 21, and Foot Locker – using their Venmo balance or linked credit card, debit card, or bank account. At launch, Venmo customers will receive a notification in their Venmo app inviting them shop. Eligible purchases made with Venmo qualify for purchase protection, which may provide a full refund if customers don’t receive an item or it’s significantly different than the description.
“Offering a way to pay at millions of retailers is a major step in the evolution of Venmo,” said Bill Ready, Chief Operating Officer of PayPal. “Our vision for Venmo is to not only be the go-to app for payments between friends, but also a ubiquitous digital wallet that helps consumers spend wherever and however they want to pay, regardless of device. Through 2017 and beyond, we will continue to evolve the payments experience that has helped make Venmo a cultural staple, while also applying that same magic to split, share and pay in new ways.”
To celebrate Venmo’s place in today’s culture, Venmo revealed this week a new brand campaign, dubbed “_______ Me,” which celebrates Venmo’s status as a household name and reminds everyone that payments can be fun. “_______ Me” takes an irreverent approach to everyday moments in which people use Venmo. The multi-platform campaign, which runs through the end of the year, includes digital, experiential, and outdoor advertising. The new campaign was created in partnership with Zambezi and Noble People.
In addition, to provide more options to easily manage and move money, Venmo customers will soon be able to instantly transfer money from Venmo to their bank accounts via eligible debit cards, providing access to funds faster than ever before for just $0.25 per transfer. Funds will typically be available in a customer’s bank account in a matter of seconds, although some banks may take up to 30 minutes. The new option will be available to all Venmo users over the coming months. Funds in a customer’s balance are immediately available to use when shopping with Venmo, and as always, there is no charge to transfer funds directly to a customer’s bank account through the original bank transfer functionality.
Josh Criscoe, Venmo Communications
Amplify will convert from its current core provider to DNA® from
Amplify has approximately
“There is nothing more critical than our relationships with our members,” said
DNA allows credit unions to gain deep insight into members’ financial lives by presenting a 360-degree view of their complete relationship with the credit union. This allows credit unions to enhance service, customize offers, and better understand overall opportunities. Importantly, this helps credit unions to maintain strong member relationships even at considerable scale.
“Fiserv is proud to provide the technology and expertise that powers growth-minded credit unions,” said
DNA – https://fisv.co/2uXBO6f
Amplify is a member-owned financial cooperative with more than 57,000 members and over
View source version on businesswire.com: http://www.businesswire.com/news/home/20170919005604/en/
Manager, Public Relations
Director, Public Relations
JAC presents a consolidated opportunity for even more CEOs, clients, and vendors to learn from and interact with their peers and technology providers. Approximately 200 educational sessions and training classes will be held in conjunction with product and service demonstrations from Jack Henry Banking and ProfitStars to share best practices on how to leverage technology and industry partnerships for success. Approximately a dozen core banking prospects will be in attendance to learn more about the company’s culture and hear from current users.
Kevin Runyon, executive vice president at Peapack-Gladstone Bank, commented, “JAC combines the best parts of Jack Henry’s educational conferences and will give us the chance to discuss industry trends, opportunities, and challenges with peers and the associates representing Jack Henry Banking and ProfitStars in an unprecedented format. We look forward to the wealth of information and connections this opportunity presents.”
A few standout events during the JAC include:
• Keynote speaker and futurist, Mike Walsh, CEO of Tomorrow, a global innovation consultancy, will discuss how regional and community financial institutions can plan to thrive in an age of artificial intelligence (AI), automation, and data overload. He will outline the mega-trends shaping the future of business and consumer behavior.
• A cyber-attack drill, in which all attendees will be part of an incidence response team responding to security challenges and navigating the aftermath. Decisions will be analyzed and guided by Jack Henry & Associates’ business continuity, security, and crisis communication experts.
• A test-track lending speedway where bankers compete to chart the best course for bringing loans from inquiry to pay off using the Commercial Lending Center Suite™.
• More than 130 strategic partners as well as Jack Henry Banking and ProfitStars solutions will be available for review and conversations at the TechConnect Showcase.
David Foss, president and CEO of Jack Henry & Associates, commented, “This year marks the beginning of a new tradition at Jack Henry & Associates. JAC brings together the classic elements that have made the Jack Henry Banking and ProfitStars Educational Conferences successful, while adding new information-rich features, sessions, demonstrations, speakers, and technology providers under one roof. We look forward to hosting this educational event and technology showcase for our community of partners to interact with and learn from, so they can ultimately build better businesses.”
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its solutions serve more than 9,000 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.
NAPLES, FLA—October 17, 2017—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the launch of new API manager capabilities — available to all clients using ACI’s Universal Payments (UP) solutions.
As financial institutions look to more effectively compete in today’s rapidly changing payments environment, ACI’s API manager capabilities are designed to support customers in developing a strategic approach to the emerging open banking payments ecosystem, and to provide the tools to meet established and emerging regulatory requirements including PSD2 and GDPR.
ACI’s new UP API manager capabilities are designed to:
- Connect to any front-end gateway
- Connect to any back-end system that a bank runs
- Provide a middleware API layer to help orchestrate the message flows and business logic to allow banks and external developers to define and build appropriate APIs
- Empower banks to manage the levels of authentication and authorization required to maintain control in the data being requested and accessed
- Enable banks to meet customer expectations for a seamless payment experience
The solution capabilities support ACI’s Universal Payments strategy and help banks lay the foundation for their own enterprise-wide open banking strategy. Banks can choose and build the endpoints to their systems, and manage which gateways they connect to and utilize.
“The delivery of ACI’s new API manager capabilities is a key milestone in the realization of our Universal Payments strategy,” said Mandy Killam, executive vice president, ACI Worldwide. “Rather than a tactical ‘quick-fix’ to meet the PSD2 mandate deadline, our new capabilities will help clients protect their existing business, grow revenues in the short term and place them in the pole position of the open banking payments ecosystem. We will give them the tools and ability to monetize their open API strategy quickly and effectively.”
The API manager capabilities will be available throughout ACI’s UP portfolio of on-premise and cloud-based solutions.
Universal Payments (UP) is at the core of ACI’s strategy to provide the broadest, most integrated suite of electronic payments solutions in the market. UP is ACI’s vision of enabling real-time, any-to-any electronic payments for financial institutions, intermediaries, merchants and billers. Its unique underlying technology framework, the UP Framework, consists of flexible, open payment services that enable organizations to innovate quickly, reduce risk and gain choice, flexibility and control over their payment strategies.
About ACI Worldwide
ACI Worldwide, the Universal Payments (UP) company, powers electronic payments for more than 5,100 organizations around the world. More than 1,000 of the largest financial institutions and intermediaries, as well as thousands of global merchants, rely on ACI to execute $14 trillion each day in payments and securities. In addition, myriad organizations utilize our electronic bill presentment and payment services. Through our comprehensive suite of software solutions delivered on customers’ premises or through ACI’s private cloud, we provide real-time, immediate payments capabilities and enable the industry’s most complete omni-channel payments experience. To learn more about ACI, please visit www.aciworldwide.com. You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2017.
ACI, ACI Worldwide, ACI Payment Systems, the ACI logo and all ACI product names are trademarks or registered trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the United States, other countries or both. Other parties’ trademarks referenced are the property of their respective owners.
Product roadmaps are for informational purposes only and may not be incorporated into a contract or agreement. The development release and timing of future product releases remains at ACI’s sole discretion. ACI is providing the following information in accordance with ACI’s standard product communication policies. Any resulting features, functionality, and enhancements or timing of release of such features, functionality, and enhancements are at the sole discretion of ACI and may be modified without notice. All product roadmap or other similar information does not represent a commitment to deliver any material, code, or functionality, and should not be relied upon in making a purchasing decision.
Phone: +1 (781) 370-3600
Phone: +1 (781) 370-4817
Katrin Boettger (EMEA)
Phone: 0044 (0) 7776 147910
Christopher Taine (EMEA)
Phone: +49 (0) 89 45230 557
ABN AMRO is pleased to announce two senior appointments to strengthen its leveraged finance business. Dominik Felsmann (37) has been appointed as Head of Leveraged Finance Germany. Previously he worked as an executive director at IKB Leveraged Finance and in London for Commerzbank and HSBC in their respective Leveraged Finance teams. His appointment fits well in ABN AMRO’s ambition to expand its leveraged finance activities in Germany as part of the bank’s overall strategy to grow its international business selectively.
In addition, the ABN AMRO Leveraged Finance team has been strengthened by the appointment of Arjan van Rijn (47) as Global Head of Leveraged Finance. Mr van Rijn will be responsible for the further international roll-out of Leveraged Finance i.a. in the US and in Asia. Before he came back to the Netherlands, Mr van Rijn headed the corporate bank in Asia. Arjan van Rijn has a long history in Leveraged Finance, as a syndicator and originator for Deutsche Bank, Citi and ABN AMRO in London and later headed the Leveraged Finance syndicate team for Fortis and ABN AMRO in the Netherlands.
Globally, ABN AMRO has a long history of serving international clients in sectors and areas where the bank has leading positions. Building on this, as announced in 2016, ABN AMRO has the ambition to grow its business in specific targeted sectors in the Americas, the APAC region and Northwest Europe.
This includes the growth of corporate banking activities in neighbouring countries of the Netherlands. In January 2017, Stefan Meine was appointed as Head of Corporate Banking Germany to lead the expansion of the bank’s corporate banking activities in Germany. In June 2017, Mr Andreas Weigel, Mr Tim Pankoke and Mr Martin Drosdek came on board to further boost the bank’s offering to corporate clientsin the country.