April 29 – DH Corporation (“D+H”), a leading provider of technology solutions to financial institutions globally, has published a white paper that discusses how the United States is moving towards faster payments. The paper, which was co-authored by PNC and The Clearing House, includes lessons learned from schemes in other parts of the world and shares insights on how U.S. financial institutions can improve their competitive position by preparing for faster payments. The paper also provides real-life examples of how faster payments can be used in business-to-business, person-to-person, consumer-to-business and business-to-consumer settings.
Search Results: IMM
ECS® 4-in-1 is ACG’s most comprehensive skimming solution for ATMs with dip card readers. ATM card
skimming is high-tech bank robbery that accounts for 98% of all ATM card fraud. The U.S. Secret Service
estimates that domestic financial institutions lose $1 billion annually due to skimming attacks. ACG’s
ECS 4-in-1 device is poised to arm community banks against card fraud by offering multi-layered
ECS 4-in-1 is truly a unique anti-skimming solution, as it offers a combination of detection and jamming
protection. It not only safeguards ATM users against skimming attacks through detection technology. It
also provides a shield of skimming protection by creating random, disturbing frequencies that scramble
skimmers (jamming). Therefore, ECS 4-in-1 can detect the physical installation of skimming devices
while simultaneously deactivating them. Additionally, the complete solution includes communication
and data logging functionalities. Therefore, ECS 4-in-1 is a fully integrated solution that provides
financial institutions with four tools to combat skimming: 1) detection; 2) jamming; 3) communication;
and 4) data logger.
The Innovative Solutions Awards champions products and services that aid community banks in the
areas of efficiency and customer service; ECS 4-in-1 is an original hardware solution that does just that.
The product’s detection and jamming functions protect not only banks, but also their customers against
skimming attacks—bolstering branch security and customer confidence. The communication and data
logger functions allow banks to closely monitor and track ATM card activity to quickly identify skimming
devices and protect customers from attacks. Moreover, ECS 4-in-1 will help community banks better
serve customers through:
- Customization: Product parameters are highly customizable according to FI requirements to
minimize false alarms.
- Convenience: On average, it takes less than an hour to install ECS® in the field, and the ATM
does not have to be taken out of service during installation.
- Affordability: ECS 4-in-1 is the most affordable skimming solution on the market that features
both detection and jamming technology.
February 20 – IMM, a pioneer of integrated eSignature, workflow and document solutions for the modern business enterprise, is pleased to announce the addition of new clients having recently contracted for IMM’s teller automation solutions to enhance their teller line efficiencies. These new clients include Digital Federal Credit Union (Marlborough, Mass.), Downriver Community Federal Credit Union (Ecorse, Mich.), E-Central Credit Union (Pasadena, Calif.), Horizons Federal Credit Union (Binghamton, N.Y.), and Tremont Credit Union (Braintree Mass.).
September 8 – IMM, a pioneer of integrated eSignature, workflow and document solutions for the modern business enterprise, has unveiled the next generation of its flagship eSignature solution, TotaleAtlas. IMM, which today provides eSignature technology to more than 650 business organizations, introduces – TotaleAtlas 2015 – as the new standard for eSignature and electronic transaction management through enhanced technology architecture, dynamic user experience and expanded eSignature management capabilities. The company’s vision for TotaleAtlas 2015 was to align IMM’s advanced eSignature technology with emerging user expectations, regulatory compliance changes and rapidly evolving industry trends.
July 18 – IMM, a pioneer of integrated eSignature and workflow solutions for business document processing, has launched a complete brand refresh initiative for the company. The renewal of IMM’s brand identity reflects the company’s recent growth, dynamic vision for the future and innovative technology position held within the eSignature industry.
Feb. 14 – Dennis Simmons, CEO of SWACHA announced today he will retire from his position as of December 31, 2014, after 18 years with the association. Dallas-based SWACHA is one of the largest electronics payments associations in the country.
Jan. 22 – Massachusetts-based Avidia Bank successfully expanded its Health Savings Account (HSA) strategy with Document Exchange, the cloud-based eSignature solution from IMM. The bank has maintained a sophisticated HSA program on the consumer side for years, and with IMM’s Document Exchange can now also support business customers in their healthcare planning.
Dec 2 – Simmons First National Corp.’s (Nasdaq: SFNC) board of directors declared a regular 21 cents per share quarterly cash dividend payable Jan. 2, 2014, to shareholders of record Dec. 16, 2013. This dividend represents a 1 cent per share, or 5 percent increase over the dividend paid for the same period last year.
Oct 22 – In a TV broadcast, Agriculture Secretary Tom Vilsack comments on the South Dakota livestock disaster and the need for Congressional action on a budget, a new Farm Bill and comprehensive immigration reform. Here is an excerpt:
Sept 16 – Simmons First National Corporation, Pine Bluff, Ark., (Nasdaq: SFNC) has announced the U.S. Bankruptcy Court approved a Stock Purchase Agreement between SFNC and Rogers Bancshares Inc. for the stock of Metropolitan National Bank. SFNC will purchase all of the issued and outstanding shares of common stock free and clear of all liens, claims and encumbrances, and assumes no liabilities of RBI. Under the terms of the agreement, RBI will receive $53.6 million in cash. The transaction is expected to close during the fourth quarter of 2013 and is subject to customary regulatory approval.