April 5 – The Independent Community Bankers of America have announced the promotion of Joseph Schneider, director of state relations, to vice president of state relations. In his new role, Schneider, who has been with the association since 2009, will continue to serve as the primary liaison between ICBA and its network of 46 affiliated state and regional partner associations.
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Nov 4 – Pioneer Financial Services, a subsidiary of MidCountry Financial Corp., has announced that Joe Freeman will serve as president of the company effective Oct. 29, 2010. While he has served as president of Pioneer Financial Services’ subsidiary companies, Freeman will now add the responsibility of president of the holding company, as well as continue his role as chief operating officer. Freeman assumes the position from Thomas H. Holcom, who has been named chairman.
April 9 – Digital Insight, an NCR company and leader in digital banking solutions, announced it has released Android smartwatch functionality with Wright-Patt Credit Union. Wright-Patt Credit Union (WPCU) members who own an Android Wear™ watch can now seamlessly check account balances with a flick of the wrist, without the hassle of logging-in to the mobile app.
March 27 – CardFlight, a leader in mobile point of sale (POS) technology has announced the availability of EMV-ready chip card readers for its SwipeSimple mobile point of sale solution.
March 18 – U.S. healthcare could save $8 billion annually by transitioning six routine business transactions from manual to electronic, according to the newly published 2014 CAQH Index. The CAQH Index tracks progress from manual (e.g., via phone, fax or mail) to industry standardized (HIPAA) electronic administrative transactions between health plans and healthcare providers. This annual report, the second from CAQH, details adoption rates and potential savings.
February 6 – Pivotal Payments, a leading provider of technology-driven global payment processing, has announced its partnership with Tender Retail (a division of ACCEO Solutions Inc.), one of North America’s top providers of payment integration software solutions, in the development of a new EMV integrated payment service that adds simplicity and security to the retail and quick service restaurant industries, allowing both companies to reach a broader market.
January 12 – Panasonic, an industry leader in reliable and innovative mobile computers for retail, has launched the Toughpad FZ-R1, the industry’s first 7-inch all-in-one mobile POS tablet running Windows 8.1 for retail environments and to meet the changing omni-channel customer expectations while providing secure transaction capabilities.
October 28 – As more small business owners adopt payment technologies to alleviate cash flow issues, a recent survey of 1,268 small businesses ranked Visa/MasterCard as the top payment brand most supportive of small business (29 percent). PayPal (23 percent) and Square (16 percent) ranked second and third respectively, with American Express ranking fourth (5 percent). PayPal and Square’s prominent rankings could indicate a shift toward mobile payment brands is under way in the small business community, as together they represent 39 percent, indicating one or both brands could displace Visa/MasterCard in the coming years. Some reasons driving this shift are convenience and simplicity.
October 27 – The Independent Bankers Association of Texas recently held its 40th annual convention at the Worthington Renaissance Fort Worth Hotel. At this annual gathering attended by nearly 700 community bankers and industry representatives, new board members that will serve through 2014-2015 were elected and a variety of awards were presented.
October 27 – The Subchapter S Bank Association has announced an exclusive relationship with Unwired Nation to promote the company’s Unwired Banking solution for mobile banking to more than 2,300 community banks in the U.S. The Association, dedicated to the promotion of issues affecting community banks organized as subchapter s taxable entities, made the announcement here at its 17th annual conference.