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New Financial Products Come to Market

By Jim Bruene on January 17, 2006 5:54 PM | Comments (0)

Twenty product announcements and launches from ACI, VeriFone, First Data and others.

Abanco Int'l LLC says it has a new plug-in product that works with Microsoft's Retail Management System. The plug-in lets users expand from one payment processor to seven and supports most payments types, including debit and credit cards and check imaging. (Contact: Abanco Int'l LLC, 847-227-2362)

ACI Worldwide Inc. announced a new, Java-based product, called the ACI Retail Commerce Server which allows retailers to customize their acceptance operations. (Contact: ACI Worldwide Inc., 402-390-8906)

Arthur Blank & Co. says it has a new plastic credit card blank made of corn-based (instead of petroleum-) plastic, called CornCard USA. (Contact: Arthur Blank & Co., Inc., 617-363-4209)

DCI Inc. says that Coronado First Bank, based in Coronado, Calif., is using DCI's iCore core processing system and its Inter@ct: Statements, an electronic bank statements product. Coronado opened for business in October 2005. (Contact: DCI Inc., 620-694-6800; Coronado First Bank, 619-437-1000)

The Depository Trust & Clearing Corp. says it upgraded its payment-matching and bilateral netting capabilities to accommodate real-time computer-to-computer messaging between itself and its customers. (Contact: The Depository Trust & Clearing Corp., 212-855-5302)

EFC Systems Inc. says that The Bank of Kentucky is using EFC's DigiFunds and DigiServer remote-deposit-capture product. (Contact: EFC Systems Inc., 615-280-5100; The Bank of Kentucky Inc., 859-372-5197)

Euronet Worldwide Inc. signed a multi-year ATM outsourcing and deployment deal with Mumbai, India-based ING Vysya Bank. The bank is buying 200 of Euronet's Self Bank sites, including ATMs and kiosks. (Contact: Euronet Worldwide Inc., 913-327-4225)

First Data Corp. says that Bank of Hawaii Corp. renewed its contract with FDC's STAR Network for PIN-secured debit services. Separately, First Data says its Western Union Financial Services Inc. unit signed an exclusive distribution deal with Travelex. Travelex will now only offer Western Union money-related services at 650 of their 700 retail locations, and at 97 airports. Also, Western Union renewed its money-transfer contracts with Grupo Elektra, S.A. de C.V., a Latin American financial institution (Contact: First Data Corp., 770-857-7188; Bank of Hawaii, 808-537-8580; Travelex, 011-4420-7400-4000)

Fiserv Inc's Fiserv Credit Processing Services unit says that Retail Credit Solutions LLC is using the Fiserv PLUS System for account-management processing services with Retail Credit's private-label credit card programs. (Contact: Fiserv, 480-471-8820)

Hypercom Corp. says it has two new payment terminals, the Optimum L4200 and the Optimum L4250. These are upgrades of Hypercom's 32-bit Optimum series of point-of-sale terminals. (Contact: Hypercom Corp., 602-504-5383)

Ingenico says its point-of-sale terminals will be using TPI Software's SmartPayments payments gateways. (Contact: Ingenico, 678-795-2727; TPI Software, 425-882-0921)

Ketera Technologies Inc. has a new product, Ketera Invoice Management, that the company says creates the first fully integrated, on-demand procure-to-pay solution offering in the market when combined with Ketera's other products. (Contact: Ketera Technologies Inc., 408-572-9500)

MoneyGram International Inc. says it has a deal with RDSI Banking Systems that allows RDSI to market MoneyGram's PrimeLink official checks to RDSI's community bank clients. (Contact: MoneyGram Int'l, 952-591-3335; RDSI Banking Systems Inc., 419-783-8800)

Official Payments Corp. says they can accept federal income tax payments online with American Express, Discover, MasterCard and VISA cards. (Contact: Official Payments Corp., 571-382-1048)

Open Solutions Inc. says that Carver Federal Savings Bank is outsourcing its core processing operations to Open Solutions. (Contact: Open Solutions Inc., 860-652-3153; Carver Bancorp Inc., 212-521-4800)

Payment Processing Inc. says that salesforce.com is using a Payment Processing product, PayMover, to run its AppExchange, one of salesforce's 150 sales-related features. (Contact: Payment Processing Inc., 510-795-2290; salesforce.com, 415-901-5079)

Peppercoin says that TouchMedia is using Peppercoin's Small Payment Suite to process digital transactions. (Contact: Peppercoin, 781-684-0770; TouchMedia, 877-247-5043)

Shep Technologies Inc., based in Vancouver, B.C., says it signed a letter of intent to buy Pay2 Ltd. which has an online money and transfer system that Pay2 says combines the features and benefits of e-wallets and prepaid debit cards. (Contact: SHEP Technologies Inc., 604-689-1515)

VeriFone Holdings Inc. says it has a new data management tool called the VisualPayments Suite which allows retailers to manage data flow to and from point-of-sale devices. (Contact:VeriFone, 508-283-4112)

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