<!–TITOL:
Government bonds table
FITITOL–>
Source: Bloomberg
Enlarge
Finance Tips
Posts Tagged ‘wire money transfers’
Government bonds table
Written by Dotnet Asansol
Saturday, 15 October 2011 07:10
No Comments
Saturday, 15 October 2011 07:10
No Comments
BancVue partners with PayPal for money transfers
Written by Dotnet Asansol
Friday, 14 October 2011 06:49
No Comments
Friday, 14 October 2011 06:49
No Comments
Christopher Calnan Staff Writer – Austin Business Journal
BancVue Ltd.
has partnered with PayPal
to offer its clients peer-to-peer money transfers.
Austin-based BancVue disclosed Thursday that its Send Money product will be available to financial institutions next year as part of BancVue’s planned online money management solution.
BancVue, founded in 2003, produces online products for community banks and credit unions. The company, which employs about 250 workers, is one of 13 Central Texas companies included in Inc. magazine’s 2010 list of the 500 fastest-growing private companies in the U.S.
During 2009, the company reported revenue of $38 million compared with $21.8 million in 2008.
California-based PayPal is a division of eBay Inc.
(Nasdaq: EBAY).
Technology, Finance, Clean Energy
See all your followed company news on your personalized dashboard.
To access the full benefits of bizWatch and receive a weekly email with aggregated news on all the companies you are following, please provide your email address below.
You must have a bizjournals account to follow a company.
Please Log In or Register.
NCR, S1 and PayPal to Offer Person-to-Person Payments via ATMs
Written by Dotnet Asansol
Thursday, 13 October 2011 06:35
No Comments
Thursday, 13 October 2011 06:35
No Comments
SymbolPriceChangeNCR18.22-0.14
DULUTH, Ga.–(BUSINESS WIRE)–
NCR
Corporation (NYSE:NCR – News), the worldwide leader in ATMs, today
announced they will be working with PayPal and S1 Corporation to enable
real-time person-to-person payments from their bank’s ATMs to almost
anyone with a mobile phone or e-mail address. This service will
initially be available in the U.S. with the ability to send money to
people in more than 60 countries around the world.
The process for transferring money person-to-person at NCR SelfServ ATMs
is simple. After authenticating themselves at the ATM, consumers will
have an option to send money to an individual. To do so, they will enter
the recipient’s email address or mobile number, choose an amount to
transfer, and the money will be immediately credited to the recipient’s
PayPal account. If the receiver does not have a PayPal account, then he
or she will need to enroll for a PayPal account in order to receive the
funds.
“The ATM channel continues to play a powerful role in delivering new,
multichannel financial services to consumers,” said Michael O’Laughlin,
senior vice president, NCR Financial Services. “Whether it is deposit
automation, bill payment, money transfers or a variety of new and
exciting products and services, NCR SelfServ ATMs provide a secure,
trusted, and ever-present point-of-presence for the exchange of value by
a bank or credit union’s customers and members. This solution is just an
early foray by NCR to extend person-to-person payments options around
the world.”
Initiating a money transfer from an ATM gives a consumer a convenient,
24-hour/7-days-a-week vehicle for instantaneous payment, while
maintaining the trust and security associated with ATM networks. In
addition, person-to-person payments using the NCR/S1/PayPal ATM solution
could be a less expensive transaction than other non-PayPal money
transfer options currently available.
“Banks and credit unions can now bring a highly differentiated set of
capabilities to their retail and business customers,” said Dan Schatt,
general manager, Financial Innovations, PayPal. “Offering PayPal
payments through the ATM channel can enable businesses to instantly pay
their overseas or domestic suppliers and retail bank customers to send
international and domestic payments, all with a few taps on an NCR ATM
machine. We’re proud to be partnering with NCR and S1 on this global
initiative, since both companies have a history of offering innovative
payment solutions to the banking industry. We believe our ATM based
solution will spur the growth of electronic payments in place of less
efficient cash and checks while giving consumers, businesses and banks
significant value.”
The person-to-person payments offering will be available to banks
running on the S1 payment platform and using NCR APTRA Edge in the U.S.
NCR anticipates the service being available beginning in the first
quarter of 2012.
“Financial institutions are always looking to strengthen their
relationships with their customers through new services as well as
generate new streams of revenue,” said Francois van Schoor, divisional
president, S1. “This ATM-based person-to-person payments transaction
will allow financial institutions to give their customers convenient and
trusted access to an important service while maximizing the value of
their self-service network.”
About NCR Corporation
NCR Corporation (NYSE:NCR – News) is a global technology company leading how
the world connects, interacts and transacts with business. NCR’s
assisted- and self-service solutions and comprehensive support services
address the needs of retail, financial, travel, healthcare, hospitality,
entertainment, gaming, public sector, telecom carrier and equipment
organizations in more than 100 countries. NCR (www.ncr.com)
is headquartered in Duluth, Georgia.
Follow us on Twitter: @NCRCorporation, @careersatncr, and
@ncrhealthcare
Like us on Facebook: http://www.facebook.com/ncrcorp
Connect
with us on LinkedIn: http://linkd.in/ncrgroup
Watch
us on YouTube: www.youtube.com/user/ncrcorporation
Read
more on our blog: http://blogs.ncr.com/ncr-banking/
NCR is a trademark of NCR Corporation in the United States and other
countries.