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IndustryUpdate

TMG company, execs named award finalists

Payment processor The Members Group report-
ed the company and two of its executives were
named finalists for the Technology Association of
Iowa's Prometheus Awards. They were recognized
in the Top Growth Company of the Year, CEO of
the Year and CTO of the Year categories. Presented
by the Iowa Economic Development Authority, the
Prometheus Awards bring together leaders from
technology, business, education and government.
Recipients will be named at the organization's annual
awards ceremony in April.

Virtual Piggy adopts new brand
Virtual Piggy Inc. is changing its name to reflect
the evolution of the company into broader pay-
ment-related markets. The company's new brand is
REGO Payment Architectures Inc. REGO CEO John
Coyne said, "Utilizing our proprietary technology,
we believe that we have the opportunity to create
something bigger here – beyond just the scope of the
original market served by Oink [the company's finan-
cial payment delivery platform]. We believe that we
have an opportunity to create revolutionary advance-
ments in payment architecture."

Wells Fargo launches innovative ATMs
Wells Fargo Bank N.A. upgraded its entire fleet
of 13,000 ATMs to card-free machines. The bank's
mobile customers nationwide can now access their
accounts using a one-time access code, instead of a
card, to authenticate at an ATM. To do so, bank cus-
tomers log into their Wells Fargo mobile app, select
Card-Free ATM access under Account Services, and
request a one-time use, eight-digit access code. The
customer's debit or ATM personal information num-
ber is then entered into the ATM.

RESEARCH

Aptos conducts omnichannel survey
In its survey report titled Omni-Channel Engagement
Strategies of Retail Leaders, Aptos Inc. stated that retail-
ers are boosting efforts to personalize interactions
across channels and prioritize consistency of cross-
channel information. The survey contacted 100 retail
marketing and ecommerce executives in an effort to
benchmark marketing and order management strate-
gies and identify common best practices. Smartphone
and social media channels ranked high among retail-
ers as targets for engagement strategies, with person-
alized content also ranking high as a key tactic.

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