A global provider of financial services Fiserv announced its Revenue Expansion program specifically developed to help banks and credit unions impacted by Regulation E. as is known on November 12, 2009, the US Federal Reserve Board published a final rule under Regulation E that prohibits financial institutions from charging overdraft fees for ATM or one-time debit card transactions, unless a consumer opts-in to the overdraft service.

A new solution from Fiserv, that will help banks segment and analyze their current customer base to develop highly effective strategies to drive deposit growth,  is now available under the brand name BancStudy(SM): Consumer Deposits.

The mobile banking services provider Monitise is extending its business further into Africa and the Middle East with a joint venture with Paynet, an electronics payment company. The agreement combines Monitise`s world class mobile money services with Paynet`s African payments experience to give millions of people access to banking and financial services on their mobile phones.

A leading provider of distributed payment solutions NetDeposit declared today its collaboration with Q2 Software, which now provides community financial institutions access to NetDeposit's remote deposit capture, branch capture, debit/credit card and ACH payments. Q2 is recognized as the preeminent supplier, servicer, and enabler of technology services to community financial institutions.

Online Banking Report presented on Thursday a considerable report that reveals the study of how financial institutions can utilize the popular social networking tool Twitter as a way to reach out and engage online directly with their key constituents. In his report, the author, Jeffry Pilcher, explains clearly what is necessary to do with Twitter. He was an early adopter of this tool, and an expert on harnessing its power. 

According to George Soros’ forecast the U.S. economy is not to recover in a short time with a possibility of a situation that could be observed in Japan, in other words a long period of low recovery. Speaking to Reuter Financial Television Soros stressed that the government’s efforts aimed at rescuing financial institutions could have unprogramed implications effectively turning them into “zombies” that would suck the lifeblood out of the economy instead of stimulating it.

iPay Technologies, online bill pay provider for financial institutions, has announced today a strategic bill-payment processing partnership with Royal Credit Union (RCU), under which the company will provide 113,000 members of RCU with the best-in-class bill-payment and small-business products available in the market.