FIS and VC FinTech on the Prowl for More Financial Services Disruption

The Venture Center and FIS have teamed for the Global VC FinTech Accelerator Program. Applications are now being accepted through February 5, 2017, at 11:59 p.m. CST. Entrepreneurs who are poised to disrupt financial services should apply. In addition to working with early stage companies in core banking, payments, mobile, and fraud & security, VC…

Member-Get-Member Referral Programs Gain Traction w/Financial Services

A new solution has emerged specifically designed for consumer financial services companies looking to quickly build an effective advocate marketing program to drive the opening of new accounts through existing customers. Extole has released its Financial Services Solution. Extole’s Financial Services Solution ensures these organizations’ member-get-member referral programs are designed for and address the unique…

Automatically Correlating POS Data for Variances and Discrepancies

NY-based B2B Soft, a specialist in wireless point-of-sale (POS), retail management systems (RMS), has inked a deal with Arzosoft, a Canadian-based maker of custom software solutions. This new relationship extends B2B Soft’s ability to offer wireless retailers fully integrated POS solutions and, ultimately, help retailers not only save money, but also recover it. Arzosoft’s innovative…

B Infinite App Offers Real-Time Overview of the Omnichannel Experience

Malaysia’s Berjaya Group has launched the new reward app B Infinite, f/k/a BCARD. The mobile application is powered by Wirecard. Thanks to a variety of loyalty and couponing functions, B Infinite offers a multi-faceted capabilities to its users: functioning as a mobile marketing platform to find out about the latest local merchant flash deals, payment…

Popular iXpenselt App Beefed-Up for New Breed of iPhones and iPads

The popular iXpenselt personal finance app has been optimized for the current-generation iPhone/iPad. iXpenseIt was one of the first 500 apps to be approved for the App Store back in 2008. The iXpenselt app puts financial information and, most importantly, financial control, right at users’ fingertips. At its core is a comprehensive dashboard that provides…

WooCommerce Expands Local Payment Methods in Local Currencies Globally

Payment methods like SEPA, iDEAL, eps, Sofort, giropay, BoletoBancarió, UnionPay and many more are now just a few clicks away. Alternate Payments, a specialist in local payment methods, has launched a plugin for WooCommerce. The company just improved this globally popular e-business platform by developing a plugin which will enable millions of eCommerce merchants, and…

Layered Payment Security Comes to Resort Property Management

Shift4 and Resort Data Processing (RDP), provider of property management software, are now offering a joint EMV-certified solution for vacation rentals, timeshares, resorts, hotels, campgrounds and private residence clubs. The solution includes: Layered payment security: EMV helps prevent the fraudulent use of stolen card data in card-present environments. With Shift4’s DOLLARS ON THE NET and…

Lending Tree Grows a President to Accelerate Branching Out

NC-based LendingTree has juggled two top executives. Neil Salvage, previously the company’s Chief Revenue Officer, has been promoted to the newly-created role of President, managing the day-to-day business operations. Nikul Patel, previously LendingTree’s Chief Operating Officer, will now be the company’s Chief Product and Strategy Officer, where he will lead product innovation, consumer experience and…

MasterCard Harnesses AI for the 1st Time to Reduce False Declines

Mastercard unveiled Decision Intelligence solution utilizing artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines.  This is the first use of AI being implemented on a global scale directly on the Mastercard network. Current decision-scoring products are focused primarily on risk assessment, working within…

Wirecard Hardware + Gastro-MIS Software Optimize Restaurant POS

Wirecard has teamed with food retail specialists Gastro-MIS, a company that already integrated software solutions in more than 4000 cash registers in Germany. Today, card payments are already an integral part of the food service industry. Consumers are increasingly used to carrying less cash and prefer to use more flexible alternatives in restaurants, bars and…

MemberAssist Targets Martial Arts, Fitness and Health Businesses

PA-based Member Solutions, a provider of business management software and solutions including full-service membership billing, payment processing, and advisory services for Martial Arts, Fitness and Health-related businesses, has released MemberAssist, a new mobile application that helps businesses increase member engagement and maximize revenue. The Company says a large percentage of consumers now use smartphones or…

German Acquirers Expand UnionPay Acceptance

China-based UnionPay has inked a deal with two major acquirers in Germany, B+S Card Service and CardProcess. The two institutions will enable more than 50,000 local merchants to accept UnionPay cards, raising UnionPay’s merchant coverage from the current 30% to 50%. UnionPay’s acceptance footprint in Europe has expanded rapidly. Now, 38 European countries and regions…