On the heels of its widely acclaimed introduction of PowaTag and tremendous retailer approval of its 360-degree commerce strategy, Powa Technologies continues its rollout retail solutions with the introduction of PowaPOS, the next generation in retail Point of Sale. PowaPOS is the physical retail component of the company’s vision of enabling commerce online, offline, and everywhere. Powa is demonstrating PowaPOS at the Electronic Transactions Association TRANSACT 14 in Las Vegas, April 8-10, 2014.
CardFlight announced today the launch of SwipeSimple, a turn-key solution that empowers credit card processors, merchant service providers, ISOs, agents and other resellers to offer a mobile POS product to their merchants. SwipeSimple is the first mobile POS offering that provides 100% free co-branding, allowing resellers to promote their brand throughout the merchant experience at no extra charge.
JetPay hired Michael J. McGovern as Executive Vice President and Chief Operating Officer. McGovern began his career in a corporate setting as a tax accountant then as director of operations at Management Assistance Inc., a computer manufacturing and leasing company. With his experience at the Federal Reserve, Mr. McGovern joined American Express where he eventually was responsible for application project management. McGovern, in a long and distinguished career with CoreStates rose from Vice President of cash management services, to Senior Vice President of data Processing Systems, and, ultimately, to Executive Vice President of Domestic and International Operations – a position in which he remained for 12 years.
Apriva announced that it will preview its next-generation AprivaPay™ Plus mobile payment acceptance software. A white-label solution that enables merchant services providers and financial institutions to deliver highly secure and comprehensive mobile payment acceptance to iOS and Android users, AprivaPay Plus 3.0 incorporates a number of advanced capabilities to serve a rapidly growing market.
ROAM mobile commerce platform provider announced EVO Payments International payment service provider operating in the United States, Canada and Europe, will leverage ROAM’s platform to extend its full range of electronic payment service offerings to include mPOS. Through this strategic partnership, EVO will provide its large U.S. customer base of over 300,000 merchants with ROAM’s advanced mPOS solutions, including the G5X mobile card reader and ROAMpay X4 mPOS application, while leveraging the advanced security and management capabilities of ROAM’s mobile payments engine. EVO is among the largest fully integrated merchant acquirer and payment processors in the world, processing in nearly 50 markets and 120 currencies.
Payment security and compliance solution provider ControlScan partnered with EverCompliant merchant security risk and compliance management solutions to offer acquirers leading-edge brand protection monitoring. Credit card brands require acquirers to identify and report illegal online activities taking place on the websites of the merchants they serve. Should the acquirer fail to comply with brand requirements, the penalties can escalate to hundreds of thousands of dollars per case of illegal aggregation. With ControlScan’s SiteWatch™ brand protection monitoring solution, powered by EverCompliant, acquirers can continuously monitor their merchants’ sites to quickly identify illegal activity and inappropriate content, such as high-risk product sales, child pornography and illegal merchant aggregation.
Banco Ficohsa announced a successful agreement to acquire 100% of the shares of Banco Citibank de Honduras, S.A. and Cititarjetas de Honduras, S.A., pending authorization by the National Banking and Insurance Commission (CNBS) and the Competition Defense and Promotion Commission. The transaction does not include the acquisition of any of Citi’s Corporate Banking business in the country, including Banco de Honduras, S.A. The acquisition makes Banco Ficohsa ” the leading member of the country’s top financial group, with banking, insurance and credit card businesses – the largest bank in Honduras, with a net worth of US$339 million, US$ 2.77 billion in assets, a loan portfolio of US$1.88 billion, and US$1.6 billion in deposits.
CRi has recently aligned with TransFirst®, a leading provider of transaction processing services and payment enabling technologies, to develop and launch a Mobile Point of Sale Solution (mPOS) for one of the leading global suppliers of office products and services. The mPOS solution will be sold through all TransFirst sales channels including retail in-store and online. A small business owner will be able to purchase a magnetic stripe reader (MSR), download the mPOS app to a mobile device and start accepting payments upon approval of its merchant account.
GE Capital Retail Bank announced a long-term extension of its agreement with American Eagle Outfitters to continue providing private label credit card programs for online, mobile app, and store purchases made at any of the 856 American Eagle Outfitter and 115 Aerie locations across the U.S. As part of the seven-year agreement, GE Capital’s Retail Finance business will continue to manage the American Eagle Outfitters credit card program, which began in 1996. Customers can use their American Eagle Outfitters® and Aerie® credit cards at 856 American Eagle Outfitter and 115 Aerie stores in the U.S. Cardholders can earn a 15% new account discount, $10 Extra Savings coupons, and access to four exclusive cardholder events a year. In addition, cardholders can also earn AERewards program discounts.
MasterCard announced today that, over a one year period ending December 2013, it has grown its contactless footprint in Europe by expanding the number of countries where contactless cards are accepted: contactless is now available in 63 countries worldwide, and in 34 countries in Europe including 7 new countries in 2013: Azerbaijan, Finland, Ireland, Macedonia, Moldova, Montenegro and the Netherlands. MasterCard® and Maestro® contactless cards or devices have been issued by more than 220 financial institutions in Europe and can be used at almost 2 million merchant locations worldwide, representing more than a 180% year-on-year increase.
Mocapay announced the release of the Yumilicious app available in iTunes and Google Play app stores this April. Yumilicious leveraged Mocapay’s mobile app template that helps merchants engage consumers and launch their app on an abbreviated timeframe. Yumilicious loyalty members can enroll, earn and redeem loyalty points and rewards via the app. Users can also enter their birthday for special offers, opt in and out of e-mails and text messaging, and get in-app messages. Additionally, the app will provide the ability to find nearby locations using GPS technology. Yumilicious app users will also have the ability to download and manage mobile gift cards and payment cards.
Online Banking Solutions (OBS) announced it has partnered with ProfitStars®, a leader in software, solutions, and technology innovation for financial institutions, to provide complementary online banking services to financial institutions using the Messenger Financial Center online business banking platform.