Archive for the ‘Arizona Banking Industry’ Category

Leading Bank Extends Electronic Payments to Retailers Throughout Ukraine

PHOENIX & WOKING, UK–(BUSINESS WIRE)–Hypercom Corporation (NYSE: HYC) today announced that PrivatBank, one of the leading banks in Ukraine, has purchased 11,000 Optimum T2100 and M2100 GSM/GPRS card payment terminals. This latest purchase follows the more than 4,000 units order of the same terminals delivered early in 2007, and increases to 15,000 the total number of GSM/GPRS Hypercom Optimum terminals purchased by PrivatBank as it extends electronic payments to retailers throughout the Ukraine. Hypercom was selected over all other global payment suppliers in a competitive process. Read the rest of this entry »

Patent-Pending ImageMask(TM) to Help Meet FFIEC Compliance and Protect Online Customers From Fraud and Identity Theft
SCOTTSDALE, AZ — (MARKET WIRE) — The 41st Parameter, a leader in agent-less client device identification (CDI) and document masking for the online channel, announced today that Provident Bank (www.provbank.com), a regional commercial bank headquartered in Baltimore, has signed a three-year agreement to implement its proprietary ImageMaskâ„¢ solution. Provident will use ImageMask to mask sensitive customer data on check images that are retrieved online to help safeguard them from fraud and identity theft. The solution masks sensitive data such as the address block, signature, a portion of the check routing number and the account number as appropriate, based on the particular image. The Bank selected the technology as part of its final steps in building a layered security Read the rest of this entry »

East Hampton, Mass. dealership financed with $4.9 million

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Ed Lemco, long-time icon in the motorcycle industry, and his business partner Aaron Patrick have acquired an East Hampton, Mass., Harley-Davidson dealership with $4.9 million in financing from GE Capital Solutions, Franchise Finance.

“This deal allows us to take advantage of the next frontier in Harley-Davidson motorcycle sales,” says Lemco. “The funding from GE Capital Solutions, Franchise Finance is helping us achieve our goal on the retail side of this business. It’s advantageous to have a relationship with a Read the rest of this entry »

Growth and Successful 19-Year Partnership Lead to Extension
SCOTTSDALE, AZ — (MARKET WIRE) –EFD, eFunds Corporation (NYSE: EFD), the company that delivers innovative enterprise payments and data & decisioning solutions, today announced that CO-OP Financial Services, the No. 1 credit union EFT network and processor in the U.S. financial services industry, has extended its long-term relationship with EFD. The agreement calls for EFD to continue to provide third-party EFT processing services including ATM network access, ATM processing, debit/card services and shared branching services to CO-OP Financial Services member credit unions across the country. Read the rest of this entry »

First New Solution Offering, Integrated Fraud Platform, Leverages Recently Announced Partnership With Digital Harbor
SCOTTSDALE, AZ — (MARKET WIRE) — eFunds Corporation (NYSE: EFD), the company that delivers innovative enterprise payments and data & decisioning solutions, today announced its suite of next generation fraud solutions, developed to transform fraud management at leading global financial institutions. EFD Enterprise Fraud Management is a flexible, comprehensive suite of solutions that enable management of fraud across the enterprise, and will include capabilities spanning multiple account, payment channel and fraud types. Read the rest of this entry »

SCOTTSDALE, AZ — (MARKET WIRE) –  eFunds Corporation (NYSE: EFD), the company that delivers innovative payment processing and information intelligence solutions, today announced the availability of an integrated solution for enterprise payments, transaction data insight and fraud management. Delivered through the recently signed IBM® Banking Industry Alliance, the solution will enable global banking and financial services customers to improve the efficiency of enterprise payments and fraud management on a single IBM System z deployment. Read the rest of this entry »

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Private Trading Systems, Inc. (Pink Sheets:PVTM) announces a revised Trading Services Agreement with Admiral Asset Group, Inc. of New York. Private Trading Systems operates a platform for trading financial instruments in electronic form with instantaneous clearance and settlement in real time. The Company will provide trading facilities for Securitized Trusts of Life Insurance Policy Settlements in electronic form through its European subsidiaries for Admiral Asset Group. The five year exclusive Agreement will cover a successive series of Instruments when and if issued; the first of which is expected to have an aggregate face value of $84 million. Read the rest of this entry »

-Fourth Quarter FFO Per Share Increases 29% Over Prior Year-
-Fourth Quarter Acquisitions and Financings Total $316.6 Million-
-Full Year 2006 FFO Per Share Increases 44% to $1.01-
-Gross Investment Portfolio Exceeds $2.8 Billion-

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Spirit Finance Corporation (NYSE: SFC), a real estate investment trust (REIT) focused on single tenant, operationally essential real estate, today announced results for the fourth quarter and year ended December 31, 2006. Read the rest of this entry »

SCOTTSDALE, AZ — (MARKET WIRE) — February 12, 2007 — eFunds Corporation (NYSE: EFD), the company that delivers innovative payment processing and information intelligence solutions, and Digital Harbor, a provider of risk and compliance solutions, today announced that they have formed a strategic alliance to deliver next generation fraud management solutions to leading financial institutions. Digital Harbor’s robust composite application platform will enable eFunds to accelerate the introduction of integrated fraud management to meet increasing market demand. These solutions will enable leading financial Read the rest of this entry »

Phoenix Commercial Banking Veteran Will Focus on Business Community

GLENDALE, Ariz.–(BUSINESS WIRE)–Cactus Commerce Bank, a wholly-owned subsidiary of Community Bancorp (NASDAQ: CBON), has announced that Jim E. Nelson has been hired as executive vice president, chief credit officer and appointed a member of the bank’s board of directors. Nelson has more than 24 years of experience in lending and banking administration, most of that time in the Phoenix area. He will oversee the bank’s business-lending activities and policies.

“Cactus Commerce understands the commercial lending needs of small- to medium-sized businesses and combines that with the best qualities of a community bank: personal service and attention to detail,” said Nelson. “I’m going to build on that foundation with my knowledge of the Phoenix business community and strong personal relationships with its leaders.” Read the rest of this entry »