BancPass

BancPass the transaction processing company based in Austin Texas says Glenn Deitiker is their new president and chief technology officer. He comes from Telvent where he was head of the toll division. Back in 2007 Caseta Technologies, a company he had founded in 1994 had been acquired by Telvent and for a while he operated as head of a branch of Telvent known as Telvant Caseta.

A major innovation by an Austin Texas start-up company BancPass formed by toll industry veterans will allow motorists to pay tolls by mobile phone. Brandnamed PToll, it serves occasional users of tollroads, people who don't find it worthwhile to establish a transponder account, giving them the convenience of using the highspeed electronic lanes - the open road tolling - without the hassle of a transponder account.