New products and business deals from Bank of New York, Fiserv, NCR, and many others.
The Allegiant Group, Inc. is a new loyalty management and marketing company based in Cincinnati, Ohio, led by Stephen Drees, former president and chief operating officer of Quantum Loyalty Systems, Inc. (Contact: The Allegiant Group, 513-701-1801)
Business Signatures Corp. says that Citibank’s North American Retail Distribution Group and H&R Block are using its Real Time e-Fraud PreventionT product, which compares individual and group patterns of activity with known patterns of fraudulent intent. (Contact: Business Signatures, 650-622-3030)
The Bank of New York says it has a new treasury management product, TreasuryAnalyst, that provides custody, accounting and risk analytics for corporate treasury securities .Separately, BoNY says that Great Britain’s Leeds Building Society is using BoNY as its issuing and paying agent. (Contact: Bank of New York, 212- 635-1569)
Euronet Worldwide, Inc. says it has an ATM outsourcing deal with China’s Postal Savings and Remittance Bureau, the fifth largest financial institution in China, via a joint venture in which it owns 75 percent. The first installation will be 90 ATMs in Beijing, Shanghai and Guangdong province. (Contact: Euronet Worldwide, 913-327-4225)
Fiserv, Inc. says that $5 billion Citizens Business Bank, based in Ontario, Calif., is using the data warehouse product of Fiserv’s Information Technology, Inc. unit. Separately, Fiserv says that $400 million West Texas National Bank will be using a core processing system from its Precision Computer Systems unit. (Contact: Fiserv, Inc., 262-879-5966)
Heartland Payment Systems Inc. says it’s making an unspecified investment in Parcxmart Technologies Inc., an electronics payments company. Parcxmart manufactures a parking and local merchant smart card payment system. (Contact: Heartland Payment Systems Inc.,888-472-0065; Parcxmart Technologies Inc., 413-665-3519)
Morgan Beaumont, Inc. says that Nationwide Providers will be offering Morgan’s payroll cards to its customers. Nationwide operates benefits programs. (Contact: Morgan Beaumont, 941-753-2875)
NCR Corp. says it has a deal to sell the Bank of China an unspecified number of its Personas M Series 76 ATMs. (Contact: NCR Corp., 937-445-3784)
Open Solutions Inc. says that $90 million Heartland Community Bank, based in Bryant, Ark., is outsourcing its core data processing to OSI. (Contact: Open Solutions Inc., 860-652-3153)
Pegasystems Inc. says it has a new product, The Wholesale Banking Industry Framework, and a new version of its Smart Investigate for Payments product. (Contact: Pegasystems Inc., 617-866-6077)
RDM Corp. says that Unisys will be marketing RDM’s RDM EC6000/7000i series imagers under the Unisys UEC6000/7000i. (Contact: RDM Corp. 952-906-3996; Unisys Corp., 610- 648-4341)
RSA Security Inc. says that Japan Net Bank and Sumitomo Mitsui Banking Corp. are using RSA’s SecurID authentication product for their online banking systems. (Contact: RSA Security, 781-515-6303)
State Street Corp.’s Global Markets unit says it has a new product for payment processing and settlement instructions that allows users to retrieve the settlement information they use with the Continuous-Linked Settlement Bank from databases maintained by SSISearch, State Street’s partner in the venture. (Contact: State Street Corp., 617-664-8672)
TSYS says it renewed its credit card processing deal with CompuCredit Corp., CompuCredit has
about 6 million cardholder accounts. (Contact: TSYS, 706-644-8457)
Unisys says it renegotiated its processing deals between several banks and its UK-based Intelligent Processing Solutions Ltd. check and payments processing unit. Unisys says this will mean an extra $150 million in revenues between 2006 and 2010. (Contact: Unisys, 215-986-5795)
Western Union says that it has a new, 2,500 location distribution deal for its international money transfers with Russia’s Federal State Unitary Enterprise, or "Russian Post." (Contact: Western Union, 303-967-6416)