CardFlash News Briefs: WESTERN UNION (websites); AVIDIA (Apple Pay); THE BANCORP (execs); and BERG INSIGHT (report).
WESTERN UNION – The Western Union Company announced the launch of new transactional websites in Bulgaria, Croatia, Romania and Slovenia. With these new introductions, Western Union now has online transactional services in 33 countries, enabling consumers to send money to more than 200 countries and territories.
AVIDIA – Avidia Bank has launched Apple Pay and is now available to all of Avidia Bank’s credit card and debit card customers. ApplePay enables customers to link their credit cards and debit cards to their Apple Wallet, which can be used on the iPhone 6, 6s, AppleWatch and in apps on your iPhone and iPad.
THE BANCORP – The Board of Directors of The Bancorp has named John C. Chrystal, a member of the board, as Interim Chief Executive Officer of The Bancorp, Inc., and President of The Bancorp Bank, subject to regulatory review. Frank M. Mastrangelo, resigning from his position as President, CEO, and director, will continue to leverage his expertise in financial technology in the new role of Technologist in Residence for The Bancorp.
BERG INSIGHT – Berg Insight AB has released “Retail M2M and IoT Applications – 4th Edition.” This report forecasts that the number of cellular M2M connections in the global retail industry will grow at a compound annual growth rate (CAGR) of 13.9% during the next five years to reach 44.3 million connections in 2019.