Remitly Ankles Krish Srinivasan as CFO

Remitly Ankles Krish Srinivasan as CFO

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Remitly has ankled Krish Srinivasan to be chief financial officer (CFO). Srinivasan will bring 20 years of experience in financial planning, analysis and investor relations, having served in executive positions at Microsoft, Amazon and Lyft. Concurrent with this transition, Andy Larson, who served as Remitly’s CFO for the past three years,…

ISO Bluefin Payment Systems Settles with FTC

ISO Bluefin Payment Systems Settles with FTC

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ISO Capital Payments, now known as Bluefin Payment Systems, has agreed to settle Federal Trade Commission charges that it enabled a telemarketing scheme called The Tax Club to use merchant accounts to process consumers’ credit card payments. As alleged in the FTC’s complaint, Bluefin Payment Systems, ignored red flags about The…

Small Business Owners Optimism is Rising

Small Business Owners Optimism is Rising

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Small business owners optimism is rising over the past year. The bounce in optimism benefitted largely from small business owners feeling better about their cash flow. According to the latest Wells Fargo/Gallup Small Business Index, conducted January 11-15, as the Index’s overall score rose to 67, a 13-point gain from November’s…

Special Breaking News Mentions in Today’s CardFlash

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Breaking News: SVB (Startups); GOLDMONEY (BitGold); WU (competition); and CORP INSIGHT (awards). SVB – Silicon Valley Bank and MasterCard have selected four startups to participate in the fourth class of Commerce.Innovated., a virtual accelerator designed to help commerce startups grow their businesses. From mobile lending to instant authentication and identity checks,…

Qapital for Android Empowers Consumer Savings

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Qapital is now available to iOS and Android users, allowing millions of Americans access to the only savings tool that lets customers set and attain their goals while helping them change their money habits for the better. Since launching in the U.S. in May 2015, Qapital has redefined the money-saving experience…

P97 Networks Upgrades its Flagship PetroZone

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] P97 Networks has unveiled the version 2 release of its flagship PetroZone mobile app on Windows 10. This new release of the PetroZone mobile commerce app (V2) brings together Microsoft’s unifying operating system, Windows 10, and Microsoft Azure Service Bus to deliver an innovative mobile payment and digital marketing capability for…

Ciright ONE and Gift Card Balances & M-Wallets

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Ciright ONE has introduced a cutting edge solution for consumers to track and spend their gift card balances. According to a recent study, consumers spent some $130 billion on gift cards, while close to $1 billion went unused. Millennials made up a significant portion of the unused balances as 40% misplaced…

Bluefin + USAePay = Decryptx & 3DRetro

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Bluefin Payment Systems and USAePay have enabled their first merchant for Decryptx, 3DRetro. Decryptx, Bluefin’s Decryption as a Service (DaaS) product, provides all of the benefits of Bluefin’s PCI-validated P2PE solution suite on the USAePay platform. Merchants utilizing USAePay can get the security and scope reduction of PCI P2PE with no…

Visa Kicks More Ass w/Consumer Transaction Controls

Visa Kicks More Ass w/Consumer Transaction Controls

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa has unveiled a new service to help Visa issuers empower consumers to monitor and control how, where, and when their Visa credit, debit, and prepaid accounts can be used. With real-time visibility and control over their accounts, consumers can take immediate action to protect themselves from security threats and fraud.…

PayPal Ankles eBays’s Sri Shivananda as CTO

PayPal Ankles eBays’s Sri Shivananda as CTO

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PayPal has ankled Sri Shivananda as the company’s new Senior Vice President and Chief Technology Officer, effective April 1st. Shivananda’s appointment follows the decision by current CTO, James Barrese, to step down to take time off. James will remain with PayPal for a period of time to support a smooth transition…

PANscan Finds 1.4B+ Unencrypted Card Numbers

PANscan Finds 1.4B+ Unencrypted Card Numbers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Businesses continue to struggle with the prohibited storage of unencrypted customer payment data. In its fifth study on unencrypted card data, SecurityMetrics’ patented card discovery tool PANscan found that 61% of businesses store the unencrypted 16-digit sequence on the front of credit cards, also known as the Primary Account Number (PAN).…