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IndustryUpdate
time payment networks ‒ including The Clearing
House Real-time Payments System and Zelle net-
works ‒ to accelerate real-time payments in the
United States, the companies stated.
BMO Harris Bank, Allpoint team up
BMO Harris Bank indicated its consumer and small
business deposit customers now have free access
to the Allpoint ATM network as the result of a
new partnership agreement. Allpoint said this will
increase the bank's fee-free ATM footprint by over
43,000 ATMs in U.S. retail locations, complementing
the bank's existing fleet of over 1,300 ATMs. An addi-
tional 12,000 international Allpoint ATMs will also
be surcharge free for BMO Harris Bank customers,
Allpoint added.
First Data, Fleetcor form gift card venture
First Data Corp. and Fleetcor Technologies Inc., a
global provider of fuel cards and workforce payment
products to businesses, formed a joint venture that
consolidates their various gift solutions to drive new
value for their clients. The new venture combines the
gift card businesses of both companies. The entity
will provide clients with broader international reach
and a more robust end-to-end offering, according to
the companies.
Harbortouch, Sarbari collaborate
Harbortouch Payments LLC partnered with Sarbari,
a cloud-based software provider for the restaurant
and retail industries. Sabari delivers purchasing
and inventory control software applications created
to automatically generate purchase orders, which
helps streamline back-office purchasing processes.
Harbortouch plans to integrate the benefits of the
Sabari solution into the company's POS offering.
Hyperwallet signs with Monat
Hyperwallet Systems Inc. penned a payout agree-
ment with Monat Global, a health and beauty com-
pany specializing in hair care products. Monat will
utilize Hyperwallet's payout platform and glob-
al financial network to expand payment options
for its independent market partners and support
the company's international growth. Working with
Hyperwallet, Monat will launch its new MoMoney
commission program, a fully branded payout solu-
tion equipped with prepaid cards and a self-serve
Pay Portal, according to the companies.
Fortinet picks Netsurion
Netsurion was named a Fortinet MSSP Platinum
Partner to deliver managed security services to busi-
nesses in the retail, hospitality, healthcare, legal and
insurance sectors. Platinum MSSP Partners must
demonstrate proficiency by completing stringent cer-
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