Showing posts with label Veritec. Show all posts
Showing posts with label Veritec. Show all posts

Veritec's blinx On-Off Debit Card With the World's First "On" and "Off" Feature for Mobile Phoneses





Debit Card Sponsor and Marketing Agent Introduces Veritec's blinx On-OffTM Debit Card With the World's First "On" and "Off" Feature for Mobile Phones




Veritec Inc. is the pioneer and patent holder of

two dimensional (2D) matrix coding technology.
GOLDEN VALLEY, MN--(Marketwire - April 30, 2010) -  Van Tran, CEO of Veritec, Inc. (PINKSHEETS: VRTC) today announced the signing of a marketing agreement with The Bolin Group, Inc., a Texas Corporation, to begin marketing its blinx On-Off™ card and PhoneCodes™ technologies. "The Bolin Group has a wealth of knowledge and experience with debit and e-commerce platforms and is a great partner to bring our product to market," said Ms. Tran. The Bolin Group President, Bud Bolin, said, "Veritec's patented and proprietary technologies provide a sophisticated feature-functionality set that puts them at the forefront of prepaid debit card products that are available in the marketplace today. The blinx On-Off™ card will provide consumers who do not use traditional banking services with security, control and peace of mind they do not have available to them today. We are excited about the future with Veritec and believe their proprietary technology and security features available with their mobile banking platform will revolutionize the use of prepaid debit card products."
Veritec's mobile banking software platform processes debit, pre-paid and gift cards solutions to debit card issuers and sponsoring organizations. Under the blinx On-Off™ card program, card issuers and sponsors may provide Veritec's private branded debit or gift cards to individuals with or without an acceptable credit history. The blinx On-Off™ card features the ability to turn card use on and off, make real time money transfers, and to provide notifications of card use. Cardholders have security and convenience while traveling and managing their funds, as well as transferring amounts from card to card or account to account, in real time anywhere in the world. Veritec technology can be deployed as either a closed or open loop processing platform.



Veritec's instant issued MTC™ and blinx On-Off™ card programs, on Veritec's mobile banking platform, are connected to Security First Bank of Fresno, California.
About Veritec, Inc., VTFS
Veritec, Inc. is a pioneer and developer of proprietary 2-D barcodes. The company's portfolio of products includes its proprietary VeriCode® and VSCode® symbology, Bio ID- VSCode® multi-purpose card solutions, and suite of products known as PhoneCodes™ for delivering electronic tickets, coupons and gift cards to mobile devices (www.veritecinc.com). Veritec Financial Systems, Inc. is a wholly owned subsidiary of Veritec, Inc. VTFS develops and licenses mobile banking, debit, gift and prepaid card solutions and serves as a third party processor to banks for debit card transactions on the company's mobile banking platform (www.vtfs.com) and (www.blinxcard.com).
About The Bolin Group, Inc.
The Bolin Group, inc. ("tBg"), founded in 2000, is a professional services company specializing in BankCard & e-payments/currency solutions. tBg provides card based or virtual account currency system platforms in conjunction with global consulting and support. Prepaid debit products and services provided by tBg have allowed corporate clients to offer a wide range of payment solutions in support of their specific promotional, incentive, rewards or direct payment needs.





Tags: Mobile Payments, mCommerce, mPayments, Mobile Transactions, MobeePay

Full Story
Posted by John B. Frank Friday, April 30, 2010 0 comments

Veritec's blinx On-Off Debit Card With the World's First "On" and "Off" Feature for Mobile Phoneses





Debit Card Sponsor and Marketing Agent Introduces Veritec's blinx On-OffTM Debit Card With the World's First "On" and "Off" Feature for Mobile Phones




Veritec Inc. is the pioneer and patent holder of

two dimensional (2D) matrix coding technology.
GOLDEN VALLEY, MN--(Marketwire - April 30, 2010) -  Van Tran, CEO of Veritec, Inc. (PINKSHEETS: VRTC) today announced the signing of a marketing agreement with The Bolin Group, Inc., a Texas Corporation, to begin marketing its blinx On-Off™ card and PhoneCodes™ technologies. "The Bolin Group has a wealth of knowledge and experience with debit and e-commerce platforms and is a great partner to bring our product to market," said Ms. Tran. The Bolin Group President, Bud Bolin, said, "Veritec's patented and proprietary technologies provide a sophisticated feature-functionality set that puts them at the forefront of prepaid debit card products that are available in the marketplace today. The blinx On-Off™ card will provide consumers who do not use traditional banking services with security, control and peace of mind they do not have available to them today. We are excited about the future with Veritec and believe their proprietary technology and security features available with their mobile banking platform will revolutionize the use of prepaid debit card products."
Veritec's mobile banking software platform processes debit, pre-paid and gift cards solutions to debit card issuers and sponsoring organizations. Under the blinx On-Off™ card program, card issuers and sponsors may provide Veritec's private branded debit or gift cards to individuals with or without an acceptable credit history. The blinx On-Off™ card features the ability to turn card use on and off, make real time money transfers, and to provide notifications of card use. Cardholders have security and convenience while traveling and managing their funds, as well as transferring amounts from card to card or account to account, in real time anywhere in the world. Veritec technology can be deployed as either a closed or open loop processing platform.



Veritec's instant issued MTC™ and blinx On-Off™ card programs, on Veritec's mobile banking platform, are connected to Security First Bank of Fresno, California.
About Veritec, Inc., VTFS
Veritec, Inc. is a pioneer and developer of proprietary 2-D barcodes. The company's portfolio of products includes its proprietary VeriCode® and VSCode® symbology, Bio ID- VSCode® multi-purpose card solutions, and suite of products known as PhoneCodes™ for delivering electronic tickets, coupons and gift cards to mobile devices (www.veritecinc.com). Veritec Financial Systems, Inc. is a wholly owned subsidiary of Veritec, Inc. VTFS develops and licenses mobile banking, debit, gift and prepaid card solutions and serves as a third party processor to banks for debit card transactions on the company's mobile banking platform (www.vtfs.com) and (www.blinxcard.com).
About The Bolin Group, Inc.
The Bolin Group, inc. ("tBg"), founded in 2000, is a professional services company specializing in BankCard & e-payments/currency solutions. tBg provides card based or virtual account currency system platforms in conjunction with global consulting and support. Prepaid debit products and services provided by tBg have allowed corporate clients to offer a wide range of payment solutions in support of their specific promotional, incentive, rewards or direct payment needs.





Tags: Mobile Payments, mCommerce, mPayments, Mobile Transactions, MobeePay

Full Story
Posted by John B. Frank 0 comments

Veritec and PreVay Sign Collaborative Agreement to Launch Unique and Most Secure Visa Banking and Debit Card



Card Will Serve Both Banked and Un-Banked, Allowing Cardholders to Receive Paychecks Electronically Via Mobile Telephones; Need for Paper Checks Will Be Eliminated, With All Funds FDIC Insured

GOLDEN VALLEY, MN--(Marketwire - April 20, 2010) -  Van Tran, CEO of Veritec, Inc. (PINKSHEETS: VRTC), today announced the signing of a collaborative marketing agreement with PreVay, New York, NY, to begin marketing a unique VISA blinx On-Off™ banking and debit card that will allow employers to pay employees electronically, transferring FDIC-insured funds directly into their cards using Veritec's Mobile technologies, in addition to those of PreVay. The card will also allow both banked and un-banked employees to send funds to whomever they wish, using their combination payroll, bank and debit-card via mobile phone. Additional cards can also be ordered for friends and relatives. "PreVay's excellent reputation for maximum knowledge and experience in banking, payroll, debit and mobile-banking arenas provides us a first-class partner for launching and marketing this great new product," said Ms. Tran. PreVay's President, Irene Marmott, said "We believe our collaboration with Veritec and its patented and proprietary technologies will revolutionize the way payrolls are issued and mobile banking is done. We are excited about the future with Veritec and believe its proprietary technologies and security features will revolutionize traditional payroll issuance, as well as the banking and debit card market. PreVay, with its strategic partners, offers a governmentally-approved payroll solution in every state recognizing payroll cards."
Veritec, through its subsidiary Veritec Financial Systems, Inc. (www.vtfs.com) (www.blinxcard.com), processes debit, pre-paid and gift card transactions for debit card issuers and sponsoring organizations. Under the MTC™ and blinx On-Off™ card programs, card issuers and sponsors may provide Veritec's private branded debit or gift cards to individuals with or without an acceptable credit history. The blinx On-Off™ card features the ability to turn card use on and off, make real time money transfers, and to provide notifications of card use. Cardholders have security and convenience while traveling and managing their funds, as well as transferring amounts from card to card or account to account, in real time anywhere in the world. Veritec technology can be deployed on both a closed or open loop processing platform. Veritec's instant issued MTC™ and blinx On-Off™ card programs, on Veritec's mobile banking platform, are connected to Security First Bank of Fresno, California.
About Veritec, Inc.
Veritec, Inc. is a pioneer and developer of proprietary two-dimensional barcodes and mobile banking debit card solutions. The company's portfolio of products includes its proprietary VeriCode® and VSCode® symbology, BioID-VSCode® multi-purpose card solutions, and suite of products known as PhoneCodes™ for delivering electronic tickets, coupons and gift cards to mobile devices (www.veritecinc.com).
About PreVay
PreVay is a female-owned company, has been involved in the electronic funds payments business for over 20 years and have provided clients with electronic payment platforms including representation of NSF checks, ACH transfer services, remote deposit under the Check 21 Act; along with merchant account processing and gift card services. It also provides sales, marketing, business development and consulting services to clients.


Reblog this post [with Zemanta]

Full Story
Posted by John B. Frank Tuesday, April 20, 2010 0 comments

Veritec and PreVay Sign Collaborative Agreement to Launch Unique and Most Secure Visa Banking and Debit Card



Card Will Serve Both Banked and Un-Banked, Allowing Cardholders to Receive Paychecks Electronically Via Mobile Telephones; Need for Paper Checks Will Be Eliminated, With All Funds FDIC Insured

GOLDEN VALLEY, MN--(Marketwire - April 20, 2010) -  Van Tran, CEO of Veritec, Inc. (PINKSHEETS: VRTC), today announced the signing of a collaborative marketing agreement with PreVay, New York, NY, to begin marketing a unique VISA blinx On-Off™ banking and debit card that will allow employers to pay employees electronically, transferring FDIC-insured funds directly into their cards using Veritec's Mobile technologies, in addition to those of PreVay. The card will also allow both banked and un-banked employees to send funds to whomever they wish, using their combination payroll, bank and debit-card via mobile phone. Additional cards can also be ordered for friends and relatives. "PreVay's excellent reputation for maximum knowledge and experience in banking, payroll, debit and mobile-banking arenas provides us a first-class partner for launching and marketing this great new product," said Ms. Tran. PreVay's President, Irene Marmott, said "We believe our collaboration with Veritec and its patented and proprietary technologies will revolutionize the way payrolls are issued and mobile banking is done. We are excited about the future with Veritec and believe its proprietary technologies and security features will revolutionize traditional payroll issuance, as well as the banking and debit card market. PreVay, with its strategic partners, offers a governmentally-approved payroll solution in every state recognizing payroll cards."
Veritec, through its subsidiary Veritec Financial Systems, Inc. (www.vtfs.com) (www.blinxcard.com), processes debit, pre-paid and gift card transactions for debit card issuers and sponsoring organizations. Under the MTC™ and blinx On-Off™ card programs, card issuers and sponsors may provide Veritec's private branded debit or gift cards to individuals with or without an acceptable credit history. The blinx On-Off™ card features the ability to turn card use on and off, make real time money transfers, and to provide notifications of card use. Cardholders have security and convenience while traveling and managing their funds, as well as transferring amounts from card to card or account to account, in real time anywhere in the world. Veritec technology can be deployed on both a closed or open loop processing platform. Veritec's instant issued MTC™ and blinx On-Off™ card programs, on Veritec's mobile banking platform, are connected to Security First Bank of Fresno, California.
About Veritec, Inc.
Veritec, Inc. is a pioneer and developer of proprietary two-dimensional barcodes and mobile banking debit card solutions. The company's portfolio of products includes its proprietary VeriCode® and VSCode® symbology, BioID-VSCode® multi-purpose card solutions, and suite of products known as PhoneCodes™ for delivering electronic tickets, coupons and gift cards to mobile devices (www.veritecinc.com).
About PreVay
PreVay is a female-owned company, has been involved in the electronic funds payments business for over 20 years and have provided clients with electronic payment platforms including representation of NSF checks, ACH transfer services, remote deposit under the Check 21 Act; along with merchant account processing and gift card services. It also provides sales, marketing, business development and consulting services to clients.


Reblog this post [with Zemanta]

Full Story
Posted by John B. Frank 0 comments

Payments Industry News Blog

Search the PIN Debit Blog by Subject

Kapersky Calls for Mass Adoption of Card Readers

Kapersky Calls for Mass Adoption of Card Readers