Early research is showing this holiday season could be an excellent one for retail spending. More than eight out of ten employed Americans report that their jobs are more than or just as stable as one year ago, up significantly from 69% in 2011.
CardWeb’s CardExecs database today spotlights Peter Fredell, Chief Executive Officer of Sweden-based Seamless. The Company has two main product lines: the proprietary transaction switch ERS 360˚ for top-ups to mobile operators and distributors, and SEQR for mobile payments in stores, on-line and in-app.
Dallas-based Onyx Payments has acquired Norway-based Net Trans Services. The combination of companies will now serve well over 200,000 hotels and 200,000 travel distributors in nearly 200 countries.
Dallas-based Anovia and San Francisco-based Womply have partnered to provide Anovia Payments merchants with Anovia Insights, the market merchant analytics platform. Anovia Insights will provide merchants with instant access to rich, relevant and actionable data about their businesses. Anovia Insights offers merchants a 360-degree view of their business performance by combining their revenue, online reputation and social media information into an online dashboard.
NY-based Finovera has introduced an iPhone and Android app that automatically gathers PDF eBills every month from the nation’s leading service providers and delivers them to consumer’s smart phones. The bill management service organizes personal bills, statements and documents all in one secure place.
Albuquerque-based Lavu wants to expand its iPad POS system for restaurants in Europe. The Company has recently signed deals with Scottish company ResDiary, Spectu and SilverStar Analytics.
PA-based USA Technologies unveiled a mobile payments, offers and loyalty program with Softcard designed for the multi-billion dollar commercial laundry market. Under the program, consumers using Setomatic Systems’ new SpyderWash Elite laundry machines enabled with NFC and SmartTap®mobile commerce technology will receive a 25% discount on purchases made with the Softcard app.
Elavon will rely on Ingenico’s EMV-ready payment solutions to power two key Elavon initiatives in the U.S. In addition, it has chosen Ingenico Group to run Fanfare, Elavon’s omni-channel marketing and customer loyalty program for small-to-medium size U.S. customers.
Farmers Insurance Group Federal Credit Union (FIGFCU) has selected Fiserv’s DNA account processing platform and a host of complementary Fiserv solutions as technology cornerstones for its future growth. Developed using contemporary, standards-based components, DNA provides FIGFCU with 24/7 real-time processing, scalability and robust retail, mortgage and commercial banking capabilities.
While the the initial deployments of cloud POS systems were not very good, there are new hybrid deployments, along with the participation of larger retailers in the discussion, that are making the potential use of the cloud for POS as worthy of the discussion, something most retailers would not even consider even two years ago.
CardWeb’s CardExecs database today spotlights Rob Reeg, president, MasterCard Technologies & Operations (MTO). He oversees the strategic processing platform, global network and quality of technology operations at MasterCard Worldwide. Based at the MTO headquarters in St. Louis, Missouri, Reeg serves as a member of the company’s Executive Committee.
The Global NFC POS Terminals market is expected to grow at a Compound Annual Growth Rate (CAGR) of 57.9% between 2013 and 2018. One of the key factors contributing to this market growth is the increasing penetration of NFC-based mobile handsets. Terminals have also been witnessing the increasing penetration of NFC POS terminals in the transportation sector for ticketing transactions.