CardFlash News Briefs: INSIDE (award); KOUNT (funding); I2C (Canada); and COMDATA (network).
INSIDE – INSIDE Secure announced MatrixSSE, an application protection solution providing anti-tampering, code obfuscation and whitebox cryptography, has been recognized as a Trust Award finalist in the Best Mobile Security Solution category for the 2016 SC Awards. The finalists and winners for the newly revamped Trust Awards (formerly Reader Trust Awards) are chosen by a distinguished group of leading IT security professionals from the SC Magazine readership and selected by the SC editorial team. Winners will be announced at the SC Awards 2016 ceremony to be held March 1, 2016 in San Francisco.
KOUNT – CVC Growth Fund will provide an $80 million growth equity investment to Kount, a leading provider of online and mobile fraud detection and prevention solutions. The investment will enable Kount to accelerate product innovation, expand its global footprint, and enhance customer support services. Kount eliminates or reduces manual reviews of potentially fraudulent transactions for its customers, reducing credit card chargebacks, improving customer satisfaction, and drastically reducing fraud, in many cases by more than 90%.
I2C – i2c announced it will open a new North American operations center in Montréal, Québec to facilitate ongoing company and customer growth. Due to be operational in the first quarter of 2016, the Montréal office will be the fourth international office opened in the past 18 months and will house over 50 new employees within the first year.
Headquartered in Silicon Valley, i2c enables financial institutions, corporations, brands, and governments to seamlessly launch and profitably manage credit, debit, prepaid, and next-gen payments and commerce products with its single, global, cloud-based platform.
COMDATA – Comdata has launched the Comdata Hotel Network in the transportation market. The Comdata Hotel Network, powered by CLC Lodging, is a unique industry offering that allows trucking carriers and drivers to effectively manage and reduce the costs related to hotel stays. The program is designed to help over-the-road drivers quickly find lodging options when needed – such as for rest periods, maintenance events, or training – by offering access to a network of 12,000 participating lodging locations across North America. Check-in and payment is also expedited by simply presenting a Comdata card, which secures a room and guarantees discounts of 20 percent or more off the lowest published rate for each stay.