April 10 – The American Transaction Processors Coalition (ATPC) is applauding the creation of the bipartisan U.S. Senate Payments Innovation Caucus. The caucus, led in part by Sen. Johnny Isakson (R-Ga.), will explore innovative technologies in the payments industry, including addressing issues in data security, consumer protection and the electronic payments industry.
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April 7 – International Bancard has announced an agreement with MasterCard to promote the acceptance of electronic payments for rent payments and other property-related items. As part of this agreement, MasterCard will become the preferred payments network accepted by International Bancard for its Property Payments digital platform, PropertyPayments.com.
March 30 – According to research commissioned by Fiserv, Inc., a leading global provider of financial services technology solutions, there has been substantial growth in mobile bill pay offerings and usage over the past year. Almost one in five visits to a biller’s website come from a mobile device – a 55 percent increase over 2013. Of those visits, bill payment is the number one consumer activity. Despite the growing use of the mobile channel, only 16 percent of billers have implemented a mobile bill pay and presentment (MBPP) strategy.
March 27 – Fundtech, a market leader in global transaction banking solutions, has released a white paper examining Australia’s New Payments Platform (NPP), including its strategic objectives and likely characteristics. The paper also addresses the benefits of early adoption by banks and deposit-taking institutions.
March 23 – Representatives Lynn Westmoreland (GA-03), Randy Neugebauer (TX-19), David Scott (GA-13), and Kyrsten Sinema (AZ-09) of the U.S. House of Representatives have announced the formation of the Congressional Payments Technology Caucus (CPTC). The mission of the CPTC is to explore the new and innovative technologies in the payments industry, as well as answer questions about data security, unbanked users’ access to electronic payments, and more. Each founding member also serves on the House Financial Services Committee and has a strong interest in educating fellow members and the public on consumer protection when it comes to electronic payments. Below are statements from each founding member.
March 18 – The Electronic Payments Association has announced the release by its Payments Innovation Alliance of a white paper, “Leveraging the Mobile Channel for ACH Payment Innovation.”
March 13 – Jack Henry & Associates’ ProfitStars division has announced the addition of ProfitStars EPS SmartPay Express. Part of the Enterprise Payment Solutions (EPS) product suite, this platform enables financial institutions to provide custom online payment and donation services for business customers.
March 13 – PaymentsSource, providing news and analysis for payments professionals, has announced the honorees for the 2015 Most Influential Women in Payments. PaymentsSource will celebrate the accomplishments of these exceptional leaders on April 8th at an honoree panel discussion and reception, held during the 27th Annual Card Forum & Expo at the Chicago Marriott Downtown, hosted by PaymentsSource and American Banker.
March 12 – FirstMerit Corp. has announced that its Apple iOS and Android Mobile Banking Apps now include Popmoney, a simple and secure service that allows customers to send and receive money electronically. Sending and receiving personal payments through Popmoney reduces the hassle of writing checks and eliminates the need to carry cash. All it takes is an email address or mobile phone number of the person receiving funds to initiate a payment.
March 12 – Electronic invoicing and payment provider Viewpost IP Holdings LLC is looking to build on growth in business-to-business payment processing by connecting buyers and suppliers through its free-to-join online portal. CEO Max Eliscu compares his company’s portal, launched last fall, to Facebook or LinkedIn, except instead of browsing old bosses’ profiles, buyers and suppliers use their Viewpost pages to get paid.