Features, News & Blogs
Millions of prepaid card users will soon be able to deposit paper checks to a reloadable Visa prepaid card using remote deposit capture on a mobile phone. Cardholders will have immediate access to funds deposited in this way. Visa Inc. and Chexar …
Conix Systems Inc., a provider of payment processing solutions, has introduced image analytics to enhance its fraud and duplicate detection solutions. The new feature enables financial institutions to further mitigate risk exposure in their payment …
Chexar Networks Inc. announced today that it has signed a letter of intent to acquire Nashville, Tenn.-based Clear Payments Inc., a provider of remote deposit capture and mobile solutions. The transaction is expected to close by the end of the month …
Hagerstown, Md.-based Ongoing Operations, a credit union service organization, and Ongoing Operations and CheckAlt Payment Solutions, an automated and electronic processing provider, recently announced a new partnership. Under the agreement the CUSO …
Global Cash Access Holdings Inc., a provider of cash access products and services to casinos, has announced financial results for the company's first quarter ended March 31, 2012. Revenues were $151.1 million for the quarter, as compared to $134.4 …
ATMs and the unbanked: an emerging convergenceA recent report by Javelin Strategy & Research revealed that one in six members of Gen Y have chosen to join the ranks of the underbanked. Why? Because on any day, they can walk into any one of 7,847 Walgreen's stores (among others) and, for $4 …
"Bank-in-a-Box" from Nexxo Financial Corp. received kudos last month when the multifunction, multichannel K3000 ATM made its debut at ATMIA US 2012, CFSA 2012 and the Prepaid Expo, said Nexxo in a company press release. "Attendees told us they were …
Has the check-cashing ATM finally arrived?For Captain Ahab it was Moby Dick. For Wes Dunn it was check-cashing ATMs. "Check-cashing was kind of my 'white whale,'" said Dunn, who is vice president of sales at Genmega. "I've always talked about how I've been chasing this white whale for quite …
Banks can now verify checks in real-time using FraudOne software from SoftPro, the company announced today. The program's Day 0 deployment option can prevent fraudulent deposits from being cashed via ATM, mobile device or bank teller, the company …
In a strategy to reduce operating costs, Pittsburgh-based banking giant PNC Bank is adding more sophisticated ATMs that it hopes will shift customers from the teller window to the terminal, said an article on post-gazette.com. To help make some …
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