PAI launches ATM servicing app

Payment Alliance International (PAI), the nation’s largest, privately-held ATM provider, today announced the release of its much anticipated PAI Mobile app.

Providing anytime, anywhere capabilities from smartphones and tablets, the new mobile app puts more power in the hands of ATM owners and independent ATM deployers (IADs) than ever before. PAI Mobile streamlines equipment servicing and support, provides customizable ATM push notifications for immediate alerts, geo-fencing of ATM routes, on-site photo uploads to PAI’s fleet management portal, and much more. The PAI Mobile app is now available for download from the App Store or Google Play.

“PAI Mobile is another important way in which we’re advancing ATM technology and servicing,” said John J. Leehy III, PAI president and CEO. “ATM owners and IADs will especially appreciate the new capabilities they’ll have access to from wherever they are during their day, so they can better serve customers, manage their businesses and create operational efficiencies,” added Leehy.

IHS Markit retools corporate actions software for investment banks

IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that its Information Mosaic business is launching a new corporate actions solution specifically designed to meet the needs of global investment banks.

This innovative solution, IMActions for Investment Banking, manages the entire corporate actions lifecycle from announcement capture and validation to downstream processing.

“We’ve spent the past 24 months working with several of the world’s leading banks to develop this cutting-edge solution, which automates the complex problem of asset servicing in the trading environment,” said Paul Taylor, managing director of Information Mosaic for IHS Markit. “With existing clients integrating the solution into their investment banking technology ecosystems, our user community will enjoy all the mutualised cost benefits of a standardised solution, rather than individual institutions having to invest time and money in maintaining expensive legacy platforms.”

Finastra interfaces with Vasco

VASCO Data Security International, a global leader in digital solutions including identity, security and business productivity, today announced that Finastra, the third largest fintech company in the world, now offers an interface from its LaserPro solution for loan origination and processing to VASCO’s eSignLive e-signature solution.

LaserPro is an industry leading compliant loan document solution for loan origination, processing and document preparation for mortgage, consumer and commercial lending. The solution provides an integrated and seamless way to reduce the preparation time needed for lenders to originate and process a commercial lending transaction.

The eSignLive interface with LaserPro creates a seamless, intuitive experience for users. Together, the solutions streamline and enhance the loan signing process, enabling lenders to reduce costs and manual errors, and borrowers to sign their loan documents when and where they choose. The dynamic documents created by LaserPro combined with eSignLive’s workflow rules and audit trail ensure compliance in an ever-changing regulatory landscape.

JPMorgan and Temasek leed $100 million funding round for Bill.com

Today Bill.com, the largest U.S. business payments network, announced it has secured $100 million in financing with the goal of finally eliminating all paper from business payments. The round, led by JPMorgan Chase and Temasek, includes participation from the lead investors in each of the previous rounds and brings the total amount secured by the company to-date to over $200 million.

“The last chasm to cross in digital payments is business payments. Eighty percent of all payments made by U.S. businesses today involve paper checks, and it’s about time we change that,” said René Lacerte, CEO and founder of Bill.com. “Businesses deserve the same digital payment experience we have come to expect as consumers. With this capital, we will double down on our efforts to shift digital payments from early adoption to major, widespread market acceptance.”