In Other News: WAVE (CCB); APRIVA (SEAA); EMV (resources); and SHOPIFY (product).
WAVE – Wave Sync announced that Guangdong Branch of China Construction Bank, one of China’s four major banks, launched a pilot program to issue new audio bank cards embedded with our inlays. Under this pilot program, audio cards with our inlays, once applied for by the end-users, will be issued and distributed by CCB Guangdong to some of its 25 million customers,.
APRIVA – Apriva will be sponsoring and exhibiting at the 2016 Southeast Acquirers Association (SEAA) Annual Conference, taking place from May 2-4, 2016 in St. Petersburg, Florida. The SEAA annual conference focuses on education and providing information on current issues concerning sales agents and other players in the electronic payments industry.
EMV – With the U.S. payments industry’s ongoing migration to EMV chip technology for more secure payments, the EMV Migration Forum is continuing to identify and provide guidance on the areas essential to moving the transition forward. Three new resources are now available, including a web resource for implementation best practices, and two white papers, “PIN Bypass in the U.S. Market,” and “Merchant Processing during Communication Disruptions.”
SHOPIFY – Shopify introduced Shopify Capital, a merchant cash advance product to help entrepreneurs secure financing and accelerate their business growth.