BitPay partnered Toshiba to integrate acceptance into VisualTouch POS Software Solution. Toshiba VisualTouch POS provides the advanced POS functionality needed for business management. VisualTouch POS is used in the Hospitality, Food Service, Grocery, Retail and Concession industries with a combined install base of more than 6,000 unique customers and some customers having up to 1,600 locations each. VisualTouch will use BitPay’s POS-integration solutions to grow bitcoin acceptance through brick-and-mortar retail locations that may have not considered bitcoin acceptance in the past. BitPay has over 30,000 clients.
TAPBase has announced it will add a next-generation standalone card and wallet device to its TAP Platform. The new device contains both NFC (Near Field Communications) and BLE (Bluetooth Low Energy) interfaces, and can replace existing cards for identity, payments, loyalty, transit ticketing, physical access and more. “We’re very pleased to offer consumers the chance to replace many of the cards in their wallets and purses – in a secure and convenient manner,” reported CEO, Robert Mallett.
Cardlytics announced that President & COO, Lynne Laube, has been named a finalist for the Ernst & Young Entrepreneur of the Year Award for the Southeast, in the technology category. The award program recognizes entrepreneurs who demonstrate excellence and extraordinary success and personal commitment to their businesses and communities. Lynne Laube cofounded the advertising & technology company, Cardlytics, which has grown to over 250 employees in six years, with nearly 400 financial institution partners including Bank of America, PNC Bank and Regions Bank. Lynne held a number of leadership positions and was responsible for the key innovations, including the formation and growth of the core U.S. credit card business, expansion in the UK, and development of several new U.S. business lines.
Heartland Payment Systems today is introducing Heartland Secure™ – a comprehensive credit/debit card data security solution that combines three powerful technologies working in tandem to provide merchants with the highest level of protection available against card-present data fraud. Featuring a breach warranty, this innovative solution is designed to provide merchants with protection against point-of-sale (POS) intrusions, crimeware, miscellaneous errors, insider misuse, and other common sources of card-present data fraud by eliminating the opportunity for criminals to monetize card data.
First Data announced its Board of Directors has named Joseph J. Plumeri vice chairman. Plumeri was appointed to the First Data Board of Directors and as a senior advisor to KKR in August 2013. Since then he also has been serving as senior advisor to First Data Chairman and CEO Frank Bisignano, and as the head of First Data’s client delivery, innovation and marketing organization. He will continue in these roles.Since joining First Data, Plumeri has played a pivotal role in the company’s transformation from a transaction processor to a payments technology company and solutions provider to merchants and financial institutions. Plumeri has spearheaded company-wide efforts to become more client-centric, including realigning how the company delivers solutions to and serves its global and strategic accounts, national merchants and enterprise clients, financial institutions, small business clients, bank partners and agents and ISO clients. Plumeri was chairman and chief executive officer of Willis Group Holdings, plc before joining First Data. Appointed in 2000,
Internet and tech entrepreneur Halsey Minor announced the launch of Bitreserve, a bitcoin platform that addresses bitcoin volatility and provides real-time transparency, transaction traceability, and proof of solvency. Bitreserve Members can hold bitcoin denominated in dollars, euros, yuan, yen, and pounds. These “bitcurrencies” are backed by a full reserve of real-world currencies.
Kohl’s Department Stores and Capital One announced a multi-year extension of their private label credit card program agreement. The contract extension with Kohl’s enables consumers to have expanded buying power and solidifies an already strong partnership. Kohl’s high product standards and the company’s focus on customer service extends through its private label credit card program which offers cardholders access to exclusive offers, guaranteed savings and online payment services. Capital One’s long-term partnership with Kohl’s reinforces the company’s commitment to grow its Credit Card Partnership business.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JetPay generated positive EBITDA from operations of $706,000 in the three months ended March 31, 2014 on reported revenues of $8.2 million. EBITDA for the three months ended March 31, 2014 was 8.6% of revenues as compared to EBITDA for the three months ended March 31, 2013 of $1.05 million or…
Lamassu is taking orders for its modular system, which enables owners of existing Lamassu Bitcoin ATMs to add Bitcoin-for-cash capability via its new Santo Tirso bill dispensing pedestal. Previously, the manufacturer only produced machines with the ability to make cash-for-Bitcoin transactions. The bill dispenser stands, which sell for $5,500 each, are now available for preorder and will make their first appearance at the Bitcoin Foundation’s Bitcoin 2014 conference in Amsterdam May 15-17.
Mollie payment service provider has added Bitcoin acceptance to its offering of online payment methods. This addition allows thousands of online merchants to start accepting Bitcoins immediately without the need for further integration. Mollie accepts the Bitcoin equivalent of the transaction amount and credits the online merchant’s euro account within two working days. The Bitcoin-Euro exchange rate is fixed at the time of payment and this amount as well as the payment is guaranteed.
Revention Point of Sale Solutions is pleased to announce their integration with LevelUp, a progressive mobile loyalty and payments platform that uses QR code technology to execute mobile transactions via Smartphones. The flexibility of the LevelUp mobile application allows for seamless integration with a wide range of restaurant industry concepts -from quick service to full service fine dining and everything in between.
MasterCard announced it will provide integrated processing services to customers across the Middle East and North Africa (MENA) through an end-to-end, multi-brand cards and payments processing center located in the UAE. The center will help customers respond rapidly to changing consumer needs, drive adoption of innovative technology and increase efficiency. Its opening highlights MasterCard’s commitment to bring global expertise closer to customers in local markets.