Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
NYCE Verient offer online payment solution
SECAUCUS, N.J. (11/20/08)--NYCE announced Tuesday that it will partner with Verient to pilot NYCE’s SafeDebit, an e-commerce payment solution that allows consumers to make purchases on the Internet without sharing their personal identification number or account information on the merchant’s website. NYCE plans to pilot SafeDebit early next year. Consumers can choose NYCE SafeDebit on the merchant’s website during checkout. The system then redirects consumers to log on to their financial institution’s site where it generates virtual debit card information for one-time use. The consumer’s actual debit card number is never disclosed to the merchant, and a PIN is not required for the transactions. “Consumers find shopping online convenient, but many choose to avoid it because of security concerns,” said Steve Rathgaber, NYCE president and chief operating officer. Verient develops technologies and products that allow financial institutions, including credit unions, to customize payment choices. NYCE, a Metavante company, provides consumers with secure access to funds through ATM locations and point-of-sale locations nationwide.
Other Resources

RSS print
News Now LiveWire
HFSC Chairman @RepHensarling announces subcommittee chairs for #114th Congress: http://t.co/FGnvnogI7n
1 hours ago
Don't Mullet Over: Check out @ECCU1's meme-rable campaign that brought in $8M in loans #NewsNow http://t.co/vNh2q01gcg
3 hours ago
#FOMC minutes show committee members debated erasing 'considerable time' from forward guidance #NewsNow #Market http://t.co/Gw0bEIFCe2
5 hours ago
NCUA votes 2 to 1 to approve 2015 budget: McWatters is dissenting vote.
7 hours ago
.@TheNCUA bd mmber McWatters at #NCUAbdmeeting invited specific, detailed comments on budget/budgetary process to be sent directly to him.
7 hours ago