Tuesday, June 29, 2010

Payments Industry Flashback: 10 Years Ago

October 9, 2000 8:00 AM PDT

E-payment venture debuts with $600 million in funding

First Data and iFormation Group on Monday launched a new company aimed at creating and improving electronic payment systems that process transactions over the Web.
The new company, eOne Global, will focus on developing new online payment services for merchants, businesses and consumers as they progress to conducting more complex transactions via the Net. First Data and iFormation said they are committing a total of about $600 million to eOne.
Payment services company First Data, which owns Western Union, said it is contributing certain operating businesses and other interests valued at nearly $360 million to the new venture. In turn, First Data will receive a 75 percent equity stake in the company.
New York-based iFormation, which was created by Goldman Sachs, Boston Consulting Group and General Atlantic Partners to back online businesses, is putting up $135 million in cash and will receive an equity interest of 25 percent in the new company and a warrant for 1.75 million shares in First Data.
First Data and iFormation also invested an additional $100 million in cash for future business development. The transaction, which is subject to customary closing conditions, is slated to close within 30 to 45 days.
Although customers have been slow to move to online bill payment, Net portals Yahoo and America Online, financial institutions such as Bank of America and Citibank, and other companies are bullish on getting people to pay bills electronically.
Late last year, 11 major U.S. banks teamed to create online banking consortium Spectrum, enlisting Sun Microsystems and Netscape Communications to help create an Internet billing system.
Despite hesitation by consumers to pay their bills electronically, a recent study foresees a bright future for the young market. According to Jupiter Communications, electronic bill payment and presentment (EBPP) will reach significant online penetration in the next few years, accounting for more than 40 million online households in 2005.
First Data and iFormation are positioning eOne as an online payment company that can give its clients and their customers immediate access to First Data's massive distribution channels, payment products and existing relationships in the sector. Atlanta-based First Data boasts more than 2 million merchant locations and 1,400 card issuers, along with millions of customers through its Western Union network.
eOne will focus on developing new technologies and finding new applications that improve existing payment products, provide greater security and make online payments easier and faster. It plans to create and operate online payment systems geared to business-to-business marketplaces and e-commerce sites as well as systems that work with a range of devices such as wireless and multi-application smart devices.
Garen Staglin, an information technology veteran, has been named president and chief executive officer of eOne, the companies said. First Data chief executive Ric Duques will serve as chairman of the board of the new company. Other eOne board members include iFormation president David Pecaut, iFormation chairman Clifton Robbins, First Data executive vice president David Bailis, and Charles Russell, First Data board member and former chief executive of Visa International.
The new venture will be based in Northern California, with offices in Menlo Park, Calif.; Omaha, Neb.; New York; Denver; London; and Hong Kong. Other international offices will be added in early 2001, the companies said.

Infinite Campus Announces Cafeteria Serve and Online Payments

News ImageInfinite Campus, Inc. announced today at the Kentucky School Nutrition Association 54th Annual Conference the availability of cafeteria serve, a new point-of-sale (POS) food service option, and integrated online payment functionality.

Covington, KY (Vocus/PRWEB ) June 28, 2010 -- Infinite Campus, Inc. announced today at the Kentucky School Nutrition Association 54th Annual Conference the availability of cafeteria serve, a new point-of-sale (POS) food service option, and integrated online payment functionality.

Campus Cafeteria Serve is included with a Campus Food Service license. It is a low cost POS option created for cafeteria operations not requiring cash or complex menus. It operates on a properly configured desktop or laptop.

Campus Food Service customers can use a combination of POS devices to meet their cafeteria management needs. Districts can use the IBM SurePos terminals, in combination with Campus Cafeteria Serve, to handle busy lunchroom operations or Campus Class Serve to record food items distributed in the classrooms.

Infinite Campus also announces Campus Online Payments to eliminate third-party e-commerce software. It is a low-cost electronic payment processing feature seamlessly integrated with Campus Food Service and the Campus Portal. No need to manage separate systems to receive payments.

Parents, guardians and staff can use Visa, MasterCard, American Express, and Discover cards, or direct debits from a checking or savings account to pay for food service charges and other school fees.

Campus Cafeteria Serve is available to Campus Food Service customers today and Campus Online Payments will be available in the E.1027 release expected in early July 2010. Additional information can be obtained from your

Campus Client Executive.

About Infinite Campus:

For more than a decade, Infinite Campus has successfully implemented its solutions for customers of all sizes. Today, Infinite Campus applications manage more than 4 million students in 43 states. Infinite Campus customers range from districts with fewer than 100 students to those with more than 100,000 as well as regional consortia, state departments of education and the federal government.



Wal-Mart Taps Castro-Wright To Head Global E-Commerce

LOS ANGELES, CA - OCTOBER 21:  President and C...Image by Getty Images via @daylife

NEW YORK (Dow Jones)--Wal-Mart Stores Inc. (WMT) is moving the head of its U.S. operations, Eduardo Castro-Wright, to oversee its international e-commerce group and global sourcing operations, promoting Bill Simon to fill his place.
Castro-Wright, who will remain as vice chairman, will now oversee the retailer's California-based global e-commerce businesses and also handle global purchasing activities.
The move was spurred by Castro-Wright's wife undergoing a heart transplant several weeks ago in California and she can't be moved out of the state, Castro-Wright said in ...

Enhanced by Zemanta

Heartland Payroll ServicesSM Named to Plain Dealer’s “Top Workplaces 2010” List

Distinction Awarded to Top 75 Workplaces in the Cleveland Area

http://www.HeartlandPaymentSystems.comPRINCETON, N.J.--(BUSINESS WIRE)--Heartland Payroll Services, a division of Heartland Payment Systems® (NYSE: HPY), the nation’s fifth largest payments processor, has been named to The Plain Dealer’s “Top Workplaces 2010” list. The "Top Workplaces" identifies the leading workplaces in the Cleveland area based upon the opinions of its employees.
Approximately 106 of Heartland Payroll Services’ 124 employees completed detailed questionnaires about their jobs, management and work environment — citing the company's mission, ethics and positive culture as reasons why Heartland should be named one of Cleveland's top employers.
Mark Strippy, executive director of Heartland Payroll Services, commented, “We’re extremely grateful to be empowered by such a strong, committed and talented workforce. It goes without question that our employees are our greatest asset, and we strive to create an environment where they can flourish. We are pleased to be recognized as one of the best employers in the region and for our commitment to creating job opportunities in the Greater Cleveland area.”
Companies, nonprofits and government agencies in 11 counties in Northeast Ohio that employ at least 50 people were eligible to participate in the survey. The survey measured six different categories, including: direction, management, execution, workplace conditions, career opportunities and pay/benefits.
Heartland Payroll Services delivers comprehensive payroll capabilities including reporting, compliance, POS integration and workers’ compensation programs to businesses of all sizes and kinds nationwide. For more information about Heartland and available career opportunities, please visit HeartlandPaymentSystems.com.
About Heartland Payment Systems
Heartland Payment Systems, Inc. (NYSE: HPY), the fifth largest payments processor in the United States, delivers credit/debit/prepaid card processinggift marketing and loyalty programspayroll,check management and related business solutions to more than 250,000 business locations nationwide. A FORTUNE 1000 company, Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices.
The company is also a leader in the development of end-to-end encryption technology designed to protect cardholder data, rendering it useless to cybercriminals. For more information, please visitHeartlandPaymentSystems.comMerchantBillOfRights.orgCostOfABurger.com and E3secure.com.


Vault Communications

Leanne Scott Brown




Heartland Payment Systems

Nancy Gross

888-798-3131 x2202

Permalink: http://www.businesswire.com/news/home/20100629005268/en/Heartland-Payroll-ServicesSM-Named-Plain-Dealer%E2%80%99s-%E2%80%9CTop

Enhanced by Zemanta

Virgin Mobile USA First to Launch Nationwide Prepaid MiFi Intelligent Mobile Hotspot

New Broadband2Go MiFi product is industry’s first Intelligent Mobile Hotspot without a contract allowing customers of any Wi-Fi enabled device to stay connected at home or on-the-go

http://www.virginmobileusa.comWARREN, N.J.--(BUSINESS WIRE)--Providing an innovative new offer for the ever-evolving mobile broadband market, Virgin Mobile USA today announced the addition of MiFi® 2200 to itsBroadband2Go portfolio, offering customers the industry’s first prepaid Intelligent Mobile Hotspot. This new device allows those using any Wi-Fi enabled device to connect to 3G, prepaid wireless Internet service without an annual contract, monthly subscription or activation fee.
“Mobile broadband is no longer just for the early adopters and heavy mobile broadband business users”
Virgin Mobile is launching the Novatel Wireless MiFi 2200 Intelligent Mobile Hotspot for $149.99 (excluding taxes). Operating on the nationwide Sprint 3G network, the Virgin Mobile MiFi 2200 will be available beginning today at Best Buy and RadioShack and online at BestBuy.com,Walmart.com and VirginMobileUSA.com.
In conjunction with the launch of MiFi, Virgin Mobile USA recently lowered the price of its initial broadband product, the Ovation™ MC760 USB device, from $99.99 to $79.99 (excluding taxes). Also developed by Novatel Wireless [NASDAQ: NVTL], the Ovation MC760 carries the distinction of being the world’s smallest EV-DO Rev. A USB device.
“We have seen the popularity of MiFi, heard the requests from our customers, and are excited to give them the freedom to pay for what they use when they use it, and the flexibility to change plans as they need,” said Neil Lindsay, chief marketing officer, Virgin Mobile USA.
Rob Hadley, chief marketing officer from Novatel Wireless, said, “We’re thrilled to support Virgin Mobile USA as the first operator to launch the MiFi 2200 nationwide with prepaid plans and continue to support their visionary market approach and bring true mobility to the masses.”
According to recent research from IDC, the U.S. mobile broadband market is expected to grow from 6.5 million subscribers in 2009 to 30.2 million in 2014, which accounts for a compound annual growth rate (CAGR) of 36.1% during the forecast period.
“Mobile broadband is no longer just for the early adopters and heavy mobile broadband business users,” Lindsay said. “Many of today’s mobile broadband options in the market have prohibited mass adoption. Combining the MiFi 2200 with a prepaid Broadband2Go plan will encourage a wide variety of consumers to connect at home or on-the-go. With Virgin Mobile USA, it’s simple. A MiFi 2200 with a Virgin Mobile or Broadband2Go Top-Up card will support all your mobile broadband connectivity needs for your laptop, iPad, iPod, gaming devices and more – whenever you need it – whether at home or on the go.”
MiFi creates a mobile hotspot that can be easily shared among up to five users at a time using a variety of WiFi-enabled devices. Key features of the Novatel Wireless MiFi 2200 Intelligent Mobile Hotspot include:
  • Easily fits in the palm of your hand – Dimensions: 3.50 x 2.32 x 0.35 inches; Weight: 2.05 oz.

  • Brushed aluminum finish

  • Provides mobile broadband Rev. A Internet access

  • Supports up to five WiFi-enabled devices

  • No software installation required

  • Universal Wi-Fi compatibility

  • Advanced security through WPA-PSK, WPA2-PSK, WEP and SPI Firewall

  • VPN capability

  • Battery provides four hours of user time, 40 hours standby on single charge

  • Easy top-up landing page with ability to top up from any device with an Internet browser

  • Automatic connectivity for Wi-Fi enabled devices

The activation of the Broadband2Go service and the MiFi 2200 Intelligent Mobile Hotspot is simple, and there are no activation fees. Megabytes can be added as often as needed with credit/debit cards or Virgin Mobile and Broadband2Go Top-Up cards, and customers can easily monitor data usage with the near real-time usage meter located on the “My Account Page” at virginmobileusa.com after log-in. Broadband2Go plans range from $10 (data expires after 10 days) and $20 to $60 (data expires after 30 days), with the $60 plan offering 5GB.
Virgin Mobile USA, one of Sprint's prepaid brands, offers millions of customers control, flexibility and connectivity through Virgin Mobile's Beyond Talk™ plans for mobile phone service and prepaidBroadband2Go high-speed Web access. Virgin Mobile branded handsets are available at more than 40,000 retail stores, including Target, Wal-Mart, Best Buy and RadioShack. Top-Up cards are available at approximately 150,000 locations nationwide and can be used for Assurance Wireless and Broadband2Go services. Purchase and experience Virgin Mobile on the Web and atFacebookTwitter, You Tube and www.virginmobileusa.com.
Novatel Wireless, Inc. is a leader in the design and development of innovative wireless broadband access solutions based on 3G and 4G wireless technologies. Novatel Wireless' Intelligent Mobile Hotspot products, software, USB modems and embedded modules enable high-speed wireless Internet access on leading wireless data networks. The company delivers specialized wireless solutions to carriers, distributors, OEMs and vertical markets worldwide. Novatel Wireless headquarters is in San Diego, and the company is listed on NASDAQ: NVTL. For more information, please visit www.novatelwireless.com. (NVTLG)
This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, as amended to date. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements contained herein. These factors include risks relating to technological changes, new product introductions, continued acceptance of Novatel Wireless' products, and dependence on intellectual property rights. These factors, as well as other factors that could cause actual results to differ materially, are discussed in more detail in Novatel Wireless' filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.
©2010 Novatel Wireless. All rights reserved. The Novatel Wireless name and logo and MiFi® are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.

New Choice Privileges® Visa Signature® Card Represents A Great Way for Consumers to Save on Next Vacation

Get the card and Earn 2 Free Nights at Over 1,500 Locations!

SILVER SPRING, Md.June 29 /PRNewswire-FirstCall/ -- Choice Hotels International (NYSE:CHH) today announced that the new no annual fee Choice Privileges® Visa Signature® Card, featuring fast earning power and an automatic upgrade to Elite Gold status, will be available July 1.
The new card, issued by Barclaycard US, will award 8,000 bonus points after a cardholder makes their first purchase and another 8,000 bonus points after their first paid stay with the new Choice Privileges Visa card at a Choice brand hotel.  That's enough points for two free nights at over 1,500 Choice Privileges locations(1).  
"The new Choice Privileges Visa Signature Card is another example of the many great ways to earn Choice Privileges points," said Greg Brown, Vice President, Loyalty and Relationship Marketing, Choice Hotels International, Inc. (NYSE: CHH).  "By using the card, Choice Privileges members can quickly earn points which can be redeemed for free nights or a variety of fantastic redemption options."
With Visa Signature benefits, the new Choice Privileges Visa Signature Card opens doors to games, concerts, shows, getaways and events as well as savings opportunities at partner retailers in Home & Garden, Flowers & Gifts, Computers & Electronics and Apparel & Shoes.  Cardholders can access a concierge service open 24 hours per day, Emergency Card Replacement and Emergency Cash Disbursement, No Pre-Set Spending Limit, Purchase Security, Warranty Manager Service, Year-End Summary Statements and Travel and Emergency Assistance Services.
Visa Signature offers cardholders a range of benefits and perks, in addition to a number of rewards programs that may be offered by Visa Signature partners, such as airline, hotel and cash back programs.  Visa Signature cardholders enjoy access to a host of benefits, such as complimentary concierge services, the Visa Signature Luxury Hotel Collection, and warranty manager service, as well as special offers for perks focused on cardholder passions, such as travel, wine and food, sports and entertainment events.  Perks range from everyday values, such as special offers on movie tickets and discounts at select retailers, to VIP tickets for premier concerts, Broadway shows and epicurean events, and once-in-a-lifetime packages for events such as the Olympics and FIFA World Cup.  For more information about Visa Signature, visit www.visa.com/signature.
Choice Hotels International recently celebrated reaching a milestone of 10 million members for its award-winning Choice Privileges rewards program. Choice Privileges is one of the fastest growing rewards programs, reaching 5 million members in 2006 and 8 million members in 2009.
"We're very excited at Barclaycard to be partnering with Choice Hotels to jointly create a new and easy way for consumers to earn Choice Privileges points," said Scott Young, General Manager-Partnerships, Barclaycard US.  "We look forward to a successful program that meets the needs of loyal Choice Privileges members."
Launched in 1998, the Choice Privileges rewards program offers free membership for travelers to earn points towards free nights, airline miles, retail gift cards and charitable giving, while staying at any participating Choice Hotels brand property worldwide. Choice Privileges members receive a wide range of benefits, including express reservations, express check-in, complimentary extended check-out, exclusive offers and more.
All Choice Privileges program terms and conditions apply.  See choiceprivileges.com for details.
About Choice Hotels
Choice Hotels International, Inc. franchises more than 6,000 hotels, representing more than 485,000 rooms, in the United States and more than 35 other countries and territories. As of March 31, 2010, more than 600 hotels are under construction, awaiting conversion or approved for development in the United States, representing more than 52,000 rooms, and more than 100 hotels, representing approximately 8,200 rooms, are under construction, awaiting conversion or approved for development in more than 20 other countries and territories. The company's Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge and Rodeway Inn brands serve guests worldwide. In addition, via its Ascend Collection membership program, travelers in the United StatesCanada and theCaribbean have upscale lodging options at historic, boutique and unique hotels.
Additional corporate information may be found on the Choice Hotels International, Inc. Web site, which may be accessed atwww.choicehotels.com.
Choice Hotels, Choice Hotels International, Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Collection are proprietary trademarks and service marks of Choice Hotels International.
About Barclaycard US
Headquartered in Wilmington, Del., Barclaycard US creates customized, co-branded credit card programs for some of the country's most successful travel, entertainment, retail and financial institutions.  The company employs 1,600 associates and was named a Top Employer in Delaware in 2009.  For more information please visit www.barclaycardus.com.
Barclaycard, part of Barclays Global Retail  Banking division, is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed.
The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future.  It also issues credit and charge cards to corporate customers and the UK Government.  Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.
In addition to the UK, Barclaycard operates in the United StatesEuropeAfrica and the Middle and Far East.
For further information about Barclays, please visit www.barclays.com
Program Notes
(1) Earn 8,000 points after the first use with the new Choice Privileges Visa Signature card.  Earn an additional 8,000 points after the first paid stay with the new Choice Privileges Visa Signature card at a Comfort Inn®, Comfort Suites®, Quality®, Sleep Inn®, Clarion®, Ascend Collection®, Cambria Suites®, MainStay Suites®, Suburban Extended Stay® , Econo Lodge® or Rodeway Inn® hotel in the U.S.  Two free nights are based on 16,000 Choice Privileges points.  A free night requires more points at most Choice brand hotels.  For point level information, visit choiceprivileges.com.
(2)  Earn 10 points per dollar with eligible MainStay Suites®, Suburban Extended Stay®, Econo Lodge® and Rodeway Inn® property stays based on 5 points per dollar with the Choice Privileges Visa card linked to the same Choice Privilegesmembership and 5 points per dollar with the Choice Privileges program.  Eligible stays at all other Choice Privileges locations will earn you 15 points per dollar based on 10 points per dollar earned through the Choice Privileges membership and 5 points per dollar with the Choice Privileges Visa card linked to the same Choice Privileges membership.  Choice Privilegeslocations include the U.S., CanadaEurope, the Middle EastMexicoCentral America, the Caribbean and Australasia.  Europe excludes DenmarkEstoniaFinlandIcelandLatviaLithuaniaNorway and Sweden.  Australasia includes AustraliaNew ZealandSingaporePapua New Guinea, and Fiji.
(3) Earn 5 points per dollar spent on Choice Privileges Visa card purchases of Choice Privileges points and Choice Hotels gift cards. Earn 2 points per dollar spent on all other purchases, including non-point eligible Choice Privileges stays.  
Cardholders must allow 4-6 weeks for all points, including first use and first stay bonus points, to be deposited into the Choice Privileges account.   All Choice Privileges terms and conditions apply.
SOURCE Choice Hotels International, Inc.

CO-OP THINK PRIZE Call for Entries Now Available at www.co-opthink.org

First Round Entry Deadline is Oct. 15 for $10,000 Grand Prize

RANCHO CUCAMONGA, Calif., June 29, 2010
 – With a $10,000 grand prize at stake, call for entry forms and submission guidelines for the CO-OP THINK PRIZE are now available at www.co-opthink.org. This new, annual contest is designed to inspire and reward innovative, shareable ideas on how to grow the credit union movement.

The competition will proceed in three rounds, with Oct. 15 as the deadline for round one. Entrants are asked to complete a simple questionnaire that serves as a program proposal, establishing the specific idea and its merits to the industry. With replies of between 25 and 100 words per question, the round one questionnaire asks: 1) describe your idea; 2) how it benefits credit unions; 3) how it benefits credit union members; 4) how it exemplifies credit union values; 5) how the idea will propel the credit union movement forward; and 6) how it can be shared with other credit unions.

Round one entries judged to be among the best will be invited to participate in a second round, in which remaining entrants will be asked to develop a business plan for the idea. The second round deadline is Dec. 31. In the third round, three finalists will present their ideas at the THINK 2011 Conference in May 2011 in Anaheim, Calif., with the winner determined by conference attendees, online viewers and a panel of experts from the Filene Research Institute and CO-OP.

“The THINK Conference was created to excite, energize and inspire new ways of thinking, and the CO-OP THINK PRIZE aims to encourage innovative thinkers in the industry to share their ideas for changing the credit union movement for the better,” said Stan Hollen, President/CEO of CO-OP Financial Services. “Our judges will be looking for ideas that help credit unions be nimble, progressive, innovative and smart, while upholding their fiscally conservative values and personal member service experience.”

In addition to the $10,000 in seed money, the winning entrant will also receive pledges of financial support and business services from THINK 2011 sponsors and Filene Research Institute. Credit unions or individuals employed by them can participate, with the three finalists notified around Jan. 31, 2011. An application and complete rules can be found online at www.co-opthink.org.

About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., CO-OP Financial Services is the industry leader in access and convenience products for credit unions. Nearing 30 years of credit union service, CO-OP connects credit union members to their accounts through network services, payment processing, e-commerce, CO-OP Shared Branching and call center services. With a total of 3,000 credit union members, 30 million cardholders, 28,000 surcharge-free ATMs, 4,000 shared branch locations and 160 million-plus monthly transactions, CO-OP Financial Services is the nation’s largest credit union service organization, offering the tools, counsel and leadership to help credit unions prosper. To learn more, visit www.co-opfs.org. Follow CO-OP on Twitter at:http://twitter.com/COOPFS and keep up with industry issues via the CO-OP Insight Vault blog at:http://co-opinsightvault.com.

Enhanced by Zemanta

ClairMail Named Best in Class Mobile Banking Solution by Leading Independent Research Firm

SAN RAFAEL, CA--(Marketwire - June 29, 2010) -  ClairMail, Inc., the leader in mobile banking and payments solutions, today announced it was named "Best in Class" by Javelin Strategy and Research in their new "2010 Mobile Banking Vendor Analysis" report. ClairMail was among the select companies that Javelin invited to participate in the mobile banking report and was awarded the highest number of points in each evaluation category. ClairMail continues to distinguish itself as a leader in the mobile financial services industry with this prestigious honor.
"For financial institutions to truly tap the power of the mobile channel, they must recognize mobile banking as an offering distinct from online banking," said Mark Schwanhausser, senior analyst in charge of multichannel financial services for Javelin Strategy & Research. "Leading mobile banking vendors are quickly diversifying their product offerings and strategy to serve the needs of individual financial institutions, while banks and credit unions are seeing the benefits of mobile banking through increased customer retention, lower cost, and higher customer satisfaction."
Javelin's 2010 Mobile Banking Vendor Report analyzes 12 top global vendors that offer U.S. mobile-banking platforms, and compares product functionality and summarizes key information necessary for decision-makers. The report also provides financial institutions with a guideline for their mobile banking strategies and identifies which modes of mobile banking seem to be gaining more traction among consumers. Each vendor was compared and ranked according the following criteria: product depth, multimodal (triple play -- SMS, mobile web and client applications), strategic partners. Based on the criteria, ClairMail tied for the highest number of points among the top vendors and was ranked "Best in Class."
"This is a tremendous distinction which demonstrates our continued market leadership as the mobile banking provider for 8 of the top 12 financial institutions in North America. We are extremely proud to be recognized by Javelin for our efforts to provide our bank and credit union customers with comprehensive and integrated mobile financial services that enable them to achieve very aggressive adoption goals," said Pete Daffern, CEO of ClairMail. "We continually strive to differentiate our offering by pushing innovation in the market, which is evidenced by our recent Mobile Connectivity Architecture (MCA) announcement that allows mobile banking to become a future-proof, strategic initiative across the entire financial institution that moves beyond alerts to enable complex multi-channel conversations with customers about new products and services."
About ClairMail
ClairMail is the leading provider of mobile solutions for banking, payment and card services. ClairMail provides a technology platform designed to help financial institutions realize the strategic potential of mobile banking, driving new levels of customer trust and loyalty, facilitating cross-sell opportunities and enabling near term, measurable cost savings. Financial institutions of all sizes now have an opportunity to reach 100% of their customer base and proactively deliver personalized content through multi-level alerting and triple-play convergence capabilities via a central customer interface. ClairMail's platform also offers multi-channel enrollment options to maximize mobile adoption and ROI, regardless of mobile device, carrier or back-end financial system. Founded in 2004, ClairMail is headquartered in San Rafael, Calif. For more information call (415) 884-7270 or visit www.clairmail.com.

Disqus for ePayment News