Small businesses can now create, run and manage reward programs with NCR Silver iPad POS. Loyalty complements the existing automated email and social marketing functionality in NCR Silver making it even easier for cafés, shops, restaurants, boutiques, food trucks, and any small business to reward customers for repeat purchases. Loyalty fits seamlessly into the checkout process, automatically tracking rewards with each sale so customers see exactly what they have earned and eliminating the need for paper punch cards. Rewards and customer information reside on the NCR Silver POS system and merchants retain all the data rather than share it through a third-party loyalty application. NCR Silver with loyalty now does more to help time-starved small business owners.
VeriFone Systems won the 2014 Merchant Payments Ecosystem (MPE) Award in the mPOS category at MPE 2014. Selected by the MPE Awards Committee for its portfolio of PAYware Mobile solutions that transform smartphones and tablets into completely secure mPOS devices that can accept payments from traditional mag-stripe cards as well as EMV (chip and PIN) cards. VeriFone built its portfolio of PAYware Mobile solutions based on feedback from merchants and retailers. PAYware Mobile provides a complete, scalable and secure mobile payment solution for all segments–from large retailers to small merchants–enabling payment mobility anywhere and everywhere.
Isis mCommerce for AT&T Mobility, T-Mobile USA, Inc. and Verizon Wireless, announced an exclusive offer for American Express Card Members through June 1, 2014. Now American Express Card Members who tap to pay with a registered Card for a ride in a qualifying NYC Yellow Medallion Taxicab can get 50% back in statement credits. The promotion is available to American Express’ U.S. Consumer, OPEN® Small Business and Serve Card Members with a registered Card in the Isis Mobile Wallet. The promotion is good for up to $100 in statement credits per eligible Card and registration is limited. Users can download the Isis Mobile Wallet for free from Google Play. Message and data charges may apply.
Payoneer Inc. today announced it has completed a Series D financing round of $25 million. Susquehanna Growth Equity, LLC, a private equity firm focused on the financial services industry and an affiliate of Susquehanna International Group, LLP, led the investment, with participation from existing investors Carmel Ventures, Greylock IL and Vintage Venture Partners. Payoneer empowers cross-border commerce by providing a payment platform that connects thousands of companies with millions of professionals and small business owners from more than 200 countries. A profitable company with a four-year revenue CAGR of over 65%, Payoneer intends to continue its rapid growth by utilizing this new capital to accelerate its product roadmap, expand into new verticals and markets and increase sales and marketing investments, as well as enable the company to more actively pursue acquisitions.
eServGlobal mobile financial services will partner with MNepal Limited to offer a mobile financial service solution. eServGlobal and MNepal will offer a shared technology platform which can be accessed by all banks and financial institutions in the country to extend mobile financial services to their users. The service will operate as a common brand mobile financial service allowing multiple banks and financial institutions to join as members. The service will offer a comprehensive suite of mobile money services to users as well as extending to provide mobile-centric microfinance services such as loans, savings and insurance complemented by loyalty and segmentation features.
MasterCard operates in 48 of Africa’s 55 markets, thanks to expansion into seven new markets across Central and West Africa – Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda and The Gambia. The MasterCard acceptance network of ATMs and Point of Sale terminals has also increased significantly to reach more than 58,000 ATM locations and 438,000 POS terminals across Africa. The introduction of electronic payments to these markets is providing positive social and economic impact as companies get to conduct their businesses beyond the cash environment.
Mozido, a global leader in white-label, cloud-based mobile payment services, today announced that it acquired StickyStreet, a leading platform for creating, distributing and managing customer loyalty solutions for leading brands such as Toys-R-Us, Harley Davidson and Best Western, reaching millions of consumers in over 60 countries worldwide. Financial terms of the transaction were not disclosed. Prior to acquiring StickyStreet, Mozido had partnered with the company to deliver mobile consumer loyalty programs. Moving forward, StickyStreet’s growing customer base will benefit from joining Mozido’s global network of cloud-based mobile financial solutions.
SecureBuy global payment fraud prevention created a new frictionless payment fraud solution for mobile and online card-not-present (CNP) payment processing, powered by technology from FICO, a leading predictive analytics and decision management software company. This new SecureBuy solution includes powerful, analytics-based fraud detection technology originally developed by FICO for credit and debit issuing banks. This technology is used in FICO® Falcon® Fraud Manager, the world’s leading fraud management solution that protects more than 2.5 billion payment cards worldwide. The new solution integrates FICO’s proven self-calibrating analytics and global intelligent profiling with SecureBuy’s powerful physical attribute authentication to create a new industry performance benchmark for frictionless payment authentication.
Opus Bank announced Scott Dickman as its Senior Managing Director, Commercial Business Banking – Arizona. Bringing to the role 36-years experience, Dickman is Opus’ first commercial banker in Arizona and is responsible for expanding Opus’ commercial client base in the Phoenix metropolitan region. He joins Opus Bank most recently from Comerica Bank where he served as Senior Vice President, Market President and Commercial Banking Leader in the Arizona market. From 2008 through 2012, Mr. Dickman served as SVP, Commercial Banking for Arizona Bank & Trust where he also was a member of the bank’s Senior Leadership Team and led the commercial business group, including Commercial Banking, Treasury Management, and Small Business.
New Media Insight Group, Inc. has introduced a mobile payment solution, CloudPay, that is providing an easy and cost-effective solution for retailers and consumers alike. CloudPay reduces merchant transaction fees by as much as 80% by accepting payments on any smartphone or WiFi-enabled device. This new payment innovation can save merchants tens of thousands of dollars every year.
Wave Crest Group Limited, a multi-currency digital payments platform that offers full-service, global solutions, has been selected as program manager and payments technology partner for Commissions2Go’s new commission distribution solution. In the new program, commissionable agents will register with C2Go at C2GoCard.com and receive a personalized C2Go card. C2Go clients can then pay commissions to the account in real time after validation through the C2Go web portal or via a mobile interface using QR codes identifying the recipient. Card recipients can use the C2Go card anywhere major card brands are accepted, or get cash at ATMs. C2Go handles all transaction reporting and 1099s on behalf of their entertainment clients.
Fiserv, Inc. announced that it has been granted a patent by the United States Patent and Trademark Office for a non-sufficient funds (NSF) optimization process in its Predictive Scores(SM) solution. Predictive Scores allows financial institutions to analyze and identify the customers or members who are most likely to respond to marketing initiatives, optimizing the revenue potential of each customer or member by understanding which products and services they are most likely to buy. Through sophisticated analysis, Predictive Scores delivers highly targeted lists that improve marketing campaign results and increase the return on marketing investment.