In today’s CardFlash News Que: MAGICCUBE (funding); CHECKALT (Payoneer); APRIVA (conference); and CALLAHAN (TRK).
MAGICCUBE – MagicCube has raised $2.2M in a seed round of funding from Azure Capital, Epic Ventures, as well as Bialla Venture Partners and private investors. MagicCube’s groundbreaking software-only technology secures digital transactions on any mobile device, independent of its hardware or operating system, stopping digital transaction fraud where most vulnerabilities can be found today: at the endpoint.
CHECKALT – CheckAlt formed a new partnership with Payoneer, a global leader in cross-border payments. Payoneer will use CheckAlt’s eCheck API solution to improve the speed by which it credits funds between business owners and professionals who are sending and receiving payments.
APRIVA – Apriva will be a sponsor of the Mobile Payments Conference, August 31 to September 2, 2015 at the Hyatt Regency McCormick Place in Chicago. At the event, Benjamin Hurley, director of mobile product management, will be featured in a panel discussion, titled “Location Based,” discussing how location-based targeting can enhance customer acquisition in mobile retail services.
CALLAHAN – Callahan & Associates, in partnership with TRK Advisors, will host the third installment of its webinar series, The 2015 Credit Card Management School, sponsored by CO-OP Financial Services, on Thursday, September 3 at 2 p.m. ET. Titled Underwriting: Pricing for Risk and Profitability, this session will address the risks credit unions face as a result of unsecured credit card offerings and provide applicable examples for minimizing these risks while increasing the overall profitability of their card portfolios.