YapStone has a hockey puck graph of growth with 30% to $40% per year over the past 15 years. The global provider of web and mobile payment technology solutions has landed a $60 million financing package with Comerica Bank and Bregal Sagemount.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Kathy Tuite, Senior Vice President of marketing for TransFirst.
Austin-based Mozido is plowing big bucks into HCE (host card emulation) technology via a strategic investment in SimplyTapp.
Mozido will leverage SimplyTapp’s open card issuance platform to allow merchants to support NFC for more efficient and secure transactions within the merchants’ branded mobile application environment.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the American Express ‘Back-to-School Shopping’ Featuring Tina Fey TV ad.
CardWeb.com’s CardData database of Company Profiles today features processor Clearent. The Company is based in Clayton, Missouri and was founded in 2005.
Ingenico has unveiled the first and only PCI PTS 4.0 and SRED-certified mobile card reader equipped to accept both EMV and magstripe card payments, as well as NFC/contactless payments. The new Ingenico RP450c can be attached to a mobile device via audio jack, or used as a separate Bluetooth companion or in docking station mode.
CardinalCommerce is offering selected wallets in their Universal Wallet at no charge. Merchants can add Google Wallet, MasterCard MasterPass and Visa Checkout to their online checkout with this introductory offer.
CardWeb.com’s CardData Reports today features “A Progressive Approach to Financial Inclusion” report from MasterCard Advisors.
In today’s CardFlash News Que: TABLESAFE (Creditcall); TIO NETWORKS (users); NXT-ID (Wocket); and WALLABY (Wise Bread).
The nation’s Top 100 Visa and MasterCard credit card (consumer and business) issuers held a 96% share of U.S. Cards-in-Force (CIF) at End-of-Year (EOY) 2014. The Top 10 captured a 60% share, while the Top 50 logged an 84% share, according to CardData.
The nation’s fastest growing Visa and MasterCard major issuer, and the #1 near-prime/sub-prime issuer continues to plow along with solid growth in purchase dollar volume (PDV) and growth in credit card outstandings. RAM Research projects Capital One (COF) will deliver $50.9 billion in PDV and $72.4 billion in outstandings for the first quarter.
Verifone and Heartland Payment Systems have reignited their strategic alliance to launch key initiatives aimed at providing merchants with enhanced security and EMV-ready payment processing.