Cardlytics analytics and marketing platform has been recognized by The Atlanta Journal-Constitution for a second consecutive year as one of Metro Atlanta’s Top 100 Workplaces. Cardlytics was selected based on employee survey responses that gauged the direction of the company, execution, work conditions, career paths, management, pay and benefits. Companies selected received high marks within these categories. Cardlytics has realized consistent levels of market adoption and growth. By deploying technology within its more than 300 partner financial institutions, Cardlytics can leverage all of a household’s purchases to target and measure marketing in a way that fully protects consumer privacy and financial institutions’ data, while strengthening banks’ relationships with customers.
Vantiv payment processing services and related technology solutions announced Patty Walters, senior vice president of merchant products and security at Vantiv, will serve as a key participant at the Electronic Transactions Association’s (ETA) 2013 Annual Meeting and Expo in New Orleans, Louisiana. Walters will moderate the panel EMV is Coming, What ISOs Need to Know on Wednesday, May 1 at 4:00 p.m. CT in Session Room 2. With more than 25 years of experience, Walters is a widely recognized payments industry veteran specialized in EMV, PCI and terminal security issues. She serves on the EMVco Board of Advisors and the Smart Card Alliance EMV Forum Steering Committee.
Yodlee announced Mike Armsby has been appointed CFO. Formerly CFO of View dynamic glass for buildings, where Armsby raised over $150 million in company financing, his experience spans 20 years and includes positions at Price Waterhouse, Bain & Company, Synopsys and the position of CFO for PowerLight. At PowerLight, Armsby managed a successful sale of the company to SunPower where he continued to integrate the businesses and drive significant growth as Vice President of Finance. He holds a master in business administration from Harvard University and a bachelor of science in economics from the Wharton School of Finance from the University of Pennsylvania.
Merchant Warehouse and LevelUp have signed $1 million co-sponsored development fund to support the creation of custom-branded mobile payment apps running on the LevelUp White-Label platform for merchants around the country. Qualifying merchants will be able to tap into the fund to sponsor 25 percent of the cost of a custom-developed LevelUp White-Label mobile payment and loyalty app, along with seamless integration with the Merchant Warehouse Genius™ Customer Engagement Platform. Participating merchants will get financial backing from Merchant Warehouse and LevelUp to cover 25 percent of their development costs for a custom LevelUp White-Label app. This mobile payment app combines the strength of a merchant’s brand with LevelUp’s sophisticated mobile payment, loyalty and security infrastructure.
Shareholders of Diebold elected its board of directors at its annual meeting and declared the second-quarter cash dividend and re-elected company officers. Newly elected directors include Roberto Artavia, chairman of the board, Viva Trust, (Nassau, Bahamas and San Jose, Costa Rica) and Robert S. Prather, Jr., president and chief operating officer, Gray Television, Inc. (Atlanta, Georgia). Re-elected to the board of directors were Patrick W. Allender, retired executive vice president, chief financial officer and secretary, Danaher Corporation, Washington, D.C.; Bruce L. Byrnes, retired vice chairman of the board, Procter & Gamble, Inc., Cincinnati, Ohio Phillip R. Cox, president and chief executive officer, Cox Financial Corporation, Cincinnati, Ohio; Richard L. Crandall, managing partner, Aspen Venture LLC, Aspen, Colorado; Gale S. Fitzgerald, retired president and director, TranSpend, Inc., Bernardsville, New Jersey; Rajesh K. Soin, chairman of the board and chief executive officer, Soin International LLC, Beavercreek, Ohio; Henry D.G. Wallace, executive chairman of the board, Diebold, Incorporated; and Alan J. Weber, chief executive officer, Weber Group LLC, Greenwich, Connecticut.
Access Softek and Geezeo technology innovators announced their partnership, Integrating Access Softek’s mobile banking with Geezeo’s personal finance manager (PFM). Focused on the next generation of mobile banking, this partnership will have a single mobile product that combines complete day-today financial operations with planning and goal management. Access Softek’s Mobile Finance Manager offers extensive functionality including true real-time deposit capture, bill pay, P2P transfers, and more. Incorporating Geezeo PFM capabilities like account aggregation, auto-categorization, and spending alerts gives users ultimate convenience.
Financial incentives and mobile-based financial-management tools could increase consumers’ use of smartphones as payment devices, according to an Accenture survey of 4,000 smartphone users. More than half of respondents who currently use their smartphones to make payments said they were highly likely to pay by phone more often if they could use their phone to track receipts (cited by 60 percent of respondents), manage their personal finances (56 percent), or show proof of insurance (56 percent) or of a valid driver’s license (54 percent). In addition, more than half of those who currently make mobile payments also said they were highly likely to pay by phone more often if they were offered: instant coupons from retailers when buying by phone (cited by 60 percent of respondents); reward points stored on their phone for future purchases at the store (51 percent); coupons that could be automatically stored on their phone (50 percent); or preferential treatment, such as priority customer service (50 percent).
TSYS Merchant Solutions merchant acquirer launched its TSYS “Pay in Your Currency” and “Shop in Your Currency” multi-currency solutions, powered by Planet Paymentinternational and multi-currency payment processor, to TSYS Merchant Solutions’ merchants. The “Pay in Your Currency” solution gives eligible international customers the choice of paying in their home currency at the point of sale, offering significant benefits to TSYS merchants and their customers. Customers are handed a receipt, or pointed to an electronic terminal which displays the transaction amounts in U.S. dollars and their home currency, with the daily exchange rate and other service details. The customer chooses their currency on the receipt or device. Meanwhile, “Shop in Your Currency” allows e-commerce merchants to more effectively target foreign markets and more sales from international customers.
VeriFone Systems announced WorldPay electronic payment processing solutions completed its compatibility certification for VeriFone’s “VX 520” countertop payment system. WorldPay will also offer a secure audio card-reader version of VeriFone’s PAYware Mobile for small merchant mobile payments using smartphones, tablets and other smart devices. The “VX 520” of the VX Evolution family offers an advanced countertop payment device and supports VeriShield Total Protect for end-to-end encryption and tokenization. WorldPay is also in process of certifying compatibility of the VX 805 and VX 820 PIN pads and wireless VX 680, which like the VX 520 offer contactless and smart card payment acceptance capabilities that are crucial to emerging NFC wallet technology and EMV compliance. The portable VX 680 is available with WiFi and Bluetooth or GPRS communications for merchants on the move.
Chase ranked #1 for both U.S. and global banks in Forrester Research’s 2013 Global and U.S. Mobile Banking Functionality Rankings for a score of 71 out of 100 – fifteen points above the report’s average score of 56 in the 15-bank study. Chase stood out for its mobile banking offerings across multiple touchpoints, including smartphone apps, mobile websites and two-way Short Message Service (SMS). Forrester also recognized Chase’s money movement features such as bill pay – including the ability to add a payee – and mobile transfer capabilities. Chase Mobile provides apps on multiple platforms and Instant Action Alerts to notify customers of a low balance, and to allow them to transfer money by replying to the text message.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The American Express OPEN “Small Business Monitor” shows 70% of entrepreneurs purchase and source goods and services from other small businesses while 96% support their local communities. This support includes donating to local causes (70%) and participating in community projects (49%) while 83% shop at independently-owned businesses in their neighborhoods. Meanwhile,…
SumUp, allowing merchants to take debit and credit card payments with their smartphones, partnered Revel Systems, a leading provider of high-tech tablet-based cash registers. This will equip Revel Systems to process debit and credit payments, as well as cash, using the SumUp API. Revel Systems already provides iPad-based tills to over 1000 chain stores and restaurants throughout the US, Canada, Australia, and Saudi Arabia. This partnership will enable Revel Systems to grow into the European market. Their tills run on an award-winning mobile point-of-sale platform that allows for real-time reporting, secure, centralized management, and rapid scalability.