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News & Commentary
Content tagged with Payments posted in May 2009
Reducing Risk and Seizing Revenue Streams With Electronic Invoicing
News  |  5/27/2009
With near failures and mega-mergers around almost every corner, the banking industry is experiencing unprecedented change. With much of their focus on achieving cost efficiencies and effective resource utilization, banks may be losing sight of a key issue - finding ways to build and retain customers to remain profitable. One way to achieve this balance is to deliver new services that enable banks to simultaneously develop new revenue streams while deepening the relationship with the customer.
Citizens National Bank of Meridian and Metavante Renew Long-Term Core Banking Agreement
News  |  5/22/2009
The bank will add Metavante's imaging services, risk and compliance solutions, CRM, consulting and professional services, and participation in the NYCE Payments Network.
Deutsche Bank Expands FX4Cash With Addition of 50 Currencies
News  |  5/20/2009
The cross-currency platform allows clients to make payments in 125 currencies across more than 160 countries.
China Merchants Bank Joins CHIPS
News  |  5/20/2009
Federal Reserve to Use Viewpointe’s Check Image Archiving Service
News  |  5/15/2009
Leveraging the service will enable the Fed to share infrastructure costs while ensuring its ability to store and retrieve reliably and securely.
PULSE Launches Surcharge-Free ATM Network
News  |  5/8/2009
In an alliance with MoneyPass, the PULSE SelectSM network offers participants more than 16,000 surcharge-free ATMs across the country.
Bank of Marin Adopts Metavante’s Outsourced Receivables Solution
News  |  5/6/2009
RemitPoint centralized image-based remittance processing service allows the bank to actively market new lockbox services to its corporate customer base.
Fifth Third Bank Extends Its Brand Relationship with MasterCard
News  |  5/5/2009
Under the multiyear agreement, Fifth Third will continue to issue credit and debit MasterCard cards to consumers and corporations.
News  |  5/5/2009
Umpqua Bank names Anthony Oriti to head new international banking division, which will target the financing needs of small/mid-market businesses involved in international trade.
Addressing the Rising Cost of Check Fraud
News  |  5/4/2009
Despite of the steady decline in the general number of checks written annually, organizations still make 74 percent of their payments by check, according to some estimates. It is not news that check fraud is a prevailing form of fraud. Check fraud takes numerous forms, covering the gamut of illegal and/or deceptive practices from forgery to check kiting (drawing against balances credited to uncollected checks) to embezzlement. Signat

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