Bankers’ Bank of the West to offer Bling Nation’s payments service to its 330 member banks

By Sarah Clark | NearFieldCommunicationsWorld.com | 13 May 2010, 17:06

Bling Nation has signed a deal with Bankers' Bank of the West, a provider of correspondent services to more than 330 community banks in the Rocky Mountain and western states of the USA.

The deal will see Bling's tap-and-pay mobile contactless payments service being offered by Bankers' Bank of the West to its member banks in Arizona, Colorado, Idaho, Iowa, Montana, Nebraska, New Mexico, Nevada, South Dakota, Utah, and Wyoming. The service is already being successfully used by several local banks in Colorado and by Adirondack Trust in New York State.

"Our mission is to help independent community banks compete in their markets," says Bankers' Bank of the West president and CEO Bill Mitchell. "This partnership with Bling Nation gives our client banks access to a new realm of technology-driven solutions their customers will be excited about — and that's exciting to us."

"Many people incorrectly presume that the largest financial institutions and businesses are leading the charge in payments innovation," adds Bling Nation's Rod Stambaugh. "In fact, it is community banks, the type of financial institutions Bankers' Bank of the West has worked with for more than 30 years, that are truly staying in front of customer needs with innovation. Mobile payments are a necessary component of the financial institution, business and consumer relationship of today and tomorrow."

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