In today’s CardFlash News Que: SYNCHRONY (Board); ACI (rankings); INGENICO (TrustCommerce); and OINK (Android).
SYNCHRONY – Synchrony Financial has added four new, non-voting observers to its Board of Directors. Paget Alves, Art Coviello, Will Graylin, and Laurel Richie join former Senator Olympia Snowe as Board observers until Synchrony Financial completes its separation from GE. At that time, all five Board observers are expected to join the Synchrony Financial Board of Directors as independent directors.
ACI – ACI Worldwide, a leading global provider of electronic payment and banking solutions, announced its ranking in the IDC Financial Insights 2015 FinTech Rankings. ACI, which moved up two places, is now ranked 18th on this international list of financial technology companies that were judged according to their global revenues.
INGENICO – TrustCommerce has selected POS smart terminal maker Ingenico Group as an equipment provider to support EMV for merchants. More specifically, TrustCommerce has chosen Ingenico Group’s Telium series, which includes the iSC250, iSC480, and iPP350. Ingenico Group was selected for their broad line of devices that share a common EMV kernel thus allowing for a single certification. The Telium series comes standard with advanced security features and meets the latest PCI PTS security standards. In order to ensure proper integration and the highest levels of security, devices should be purchased directly from TrustCommerce.
OINK – Virtual Piggy launched a new version of their payments app for Android – Google’s open mobile platform. The Oink app is a free to use app that allows families to setup and manage payments for all family members. Parents can set weekly allowances and teens and tweens can manage their funds using the COPPA compliant Oink payment platform. The new Android app allows parents to monitor their children’s spending, and deliver emergency funds instantly. Parents can also freeze and unfreeze the account instantly using the new app.