Verifone has expanded its taxi and car-for-hire electronic hailing (e-hail), payment and media business with the acquisition of Curb, a business that connects people in approximately 60 U.S. cities with rides from professional, insured, and fully-licensed taxi drivers. Using Curb’s e-hail app, passengers take more than 100,000 rides each month.
German-based Wincor Nixdorf has acquired Brink’s CiT operations in the Netherlands,expanding its cash management capacities in the Netherlands. As a result of the acquisition, the new Rotterdam-based SecurCash will also profit from synergies from the business with banks and retail companies.
Barclaycard US has kicked off a special game and sweepstakes promotion where fans have the opportunity to win a trip for two to Super Bowl 50 in the San Francisco Bay Area, as well as once-in-a-lifetime experiences, regular season game tickets, NFL merchandise, and much more.
NY-based CardFlight, a specialist in mobile point of sale (POS) technology, has corralled $4.2 million in Series A funding. The financing will enable CardFlight to continue to grow its engineering team and accelerate the rollout of their EMV-approved mobile payment acceptance solutions in the U.S.
FL-based ZipLine, a provider of mobile and card-based merchant branded payment (ACH) solutions, recently gained industry accolades for its cutting-edge mobile payments technology. ZipLine’s ‘mPay’ mobile solutions platform is a low-cost payment program built on the existing architecture used for merchant branded debit cards.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Matt Cole, President, Cubic Transportation Systems and Senior Vice President, Cubic Corporation.
CardWeb.com’s CardData database of Company Profiles today features Merchant Link.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the CardWeb.com’s Australia’s ANZ Bank’s “Think Tank” TV Spot.
CardWeb.com’s CardData Reports today features the “2015 European Contactless Card Payments Landscape” report from
Mercator Advisory Group.
The chorus to discard signatures for EMV and go to PIN transactions is growing. FBI that new chip-based credit cards are safer than traditional cards but still vulnerable to fraud and need to be used with a PIN instead of a signature to minimize risk.
ThreatMetrix Connect, a new alliance program enabling technology providers to easily integrate services with the ThreatMetrix Digital Identity Network has been introduced into the market.
Merchants Payments Coalition is taking Visa to task asking why Visa refused to consider lowering interchange fees even if fraud is reduced after merchants invest billions in new security technologies.