Leading Innovator in Risk Management to Fund Expansion of its Mobile Deposit Network Featuring Immediate Good Funds onto Visa® Prepaid Cards Atlanta, Georgia (PRWEB) October 07, 2013 – Ingo Money, Inc. (“INGO®”), a leader in risk management technology supporting non-provisional check deposit and money transfer services with full funds availability in minutes, announced today it has closed on a growth … Read More
Chexar Networks Hires Industry Risk Veteran as its Chief Risk Officer
Atlanta, Georgia, March 13, 2013 – Chexar Networks, Inc. (“CHEXAR®”) announced today that Bill Roese has joined the company as its Chief Risk Officer. Prior to joining Chexar, Bill held various positions with Certegy Payment Services, an FIS business unit, from 1996 to 2012. These positions included leading the efforts of risk and fraud management, data and analytics, research and … Read More
H&R Block Utilizes Chexar’s Risk Management and Guarantee Solutions
Atlanta, GA, January 21, 2013 – Chexar Networks, Inc. (“CHEXAR®”), announced today that H&R Block is using Chexar’s industry-leading solutions to convert checks into immediate Good FundsTM on both self- service kiosks and mobile devices. The partnership will help serve the nation’s underbanked population estimated to be almost 100 million people. H&R Block recently announced it is the first in … Read More
Chexar Networks hires Rusty Pickering as its General Counsel, Chief Compliance & Corporate Development Officer
Atlanta, Georgia, January 2, 2013 – Chexar Networks, Inc. (“CHEXAR®”), announced today that Rusty Pickering has joined the company as its General Counsel, Chief Compliance & Corporate Development Officer. Mr. Pickering graduated from Tulane University with a BS in Biomedical Engineering and holds a JD from the University of Texas School of Law. He is a senior partner in the … Read More
Visa and Chexar® introduce remote deposit capture, offering prepaid users immediate access to funds
FOSTER CITY, CA – October 22, 2012 – Visa Inc. (NYSE: V) and Chexar Networks, Inc. (“CHEXAR”) announced today the launch of a network platform to digitize traditional banking services for consumers. Initially, the platform will enable millions of Visa prepaid users to deposit paper checks to their reloadable Visa prepaid card using their mobile device, by simply snapping a … Read More
Chexar Networks Completes Acquisition of Clear Payments
Atlanta, August 7, 2012 – Chexar Networks, Inc. (“Chexar®”), the national leader of technology solutions for converting paper checks into Good Funds, has announced completion of its acquisition of Clear Payments, Inc. (“CPI®”), the Nashville based remote and mobile deposit capture check 21 settlement company. Chexar intends to continue to operate the Nashville location as a sales and technology center … Read More
Chexar Agrees to Acquire Clear Payments, Inc.
Atlanta, GA, June 11, 2012 – Chexar Networks, Inc. (“CHEXAR®”) announced today that it has signed a letter of intent to acquire Nashville, Tennessee based Clear Payments, Inc. (“CPI®”) in a transaction expected to close by the end of the month. Chexar is the nation’s leading provider of solutions to convert any check into “good funds” which is defined as … Read More
Chexar Networks® and DemystData Announce the Launch of Improved Scoring Models for Underbanked Consumers
Atlanta, GA and New York, NY June 4, 2012 – Chexar Networks, Inc. (“Chexar”) the leading provider of solutions for converting consumer’s checks into “good funds” and DemystData (“Demyst”), a technology provider specializing in the application of online and social data within the financial services industry, announced the implementation of their new consumer scoring algorithm with select beta clients. During … Read More
Nexxo Financial Corporation Launches First Partnership With a Credit Union
BURLINGAME, CA–(Marketwire – May 22, 2012) – For the first time ever, underbanked Americans can obtain much-needed financial services at a credit union. Centris Federal Credit Union, in partnership with Nexxo Financial Corporation, is taking the lead in offering this underserved community a full suite of financial services not currently available at other banks or credit unions. Using Nexxo’s customer-friendly … Read More
Regions Finishes Rolling Out Financial Products for the Underbanked
By Victoria Finkle American Banker | March 29, 2012 Regions Financial (RF) has finished rolling out a suite of alternative financial services, including check cashing, money transfer and expedited bill pay services, along with a prepaid card. The program, called “Now Banking,” is designed to broaden the services offered to current customers and to attract underbanked consumers, who don’t have … Read More