EMV Awareness

A majority of small business owners are unaware of the impending EM liability shift coming in October. Less than half of small business owners who accept point-of-sale card payments today report being aware of the October 1 liability shift, the date when a card issuer or merchant that does not support EMV chip card technology will assume liability for any fraudulent point-of-sale card transactions.

CashStar Funding

CashStar, the industry-leading provider of prepaid commerce solutions has closed o $15 million in growth capital. FTV Capital led the Series D round, joined by new investor Mosaik Partners and existing investors Passport Capital, Intel Capital, North Hill Ventures and others. This financing brings the total capital raised by CashStar to $50 million and will enable the company to continue investing in product innovation, sales and client success.