In Other News: NAB (Velocity); PARAGON (FSS); CREDITCALL (MEPSA); and VIRTUAL PIGGY (IMPACT).
NAB – NAB Velocity, the front-end omnichannel payments platform from award-winning credit card processor North American Bancard Holdings, has entered into a partnership with Enspire Commerce’s RetailPoint, a cloud-based mobile point-of-sale (mPOS) customer engagement solution targeted to small and mid-sized businesses. The partnership enables Velocity to provide RetailPoint with access to its extensive salesforce, allowing it to expand its visibility and sales reach. In return, RetailPoint will utilize Velocity as its payment gateway to securely process credit card transactions.
PARAGON – Paragon Application Systems (Paragon), the leading independent testing services provider for the financial services industry, announced India-based FSS, a global payments and fintech leader, will serve as an international distributor, reselling Paragon’s products and services and providing local support for the Gulf Cooperation Council (GCC) countries.
CREDITCALL —Creditcall, the omni-channel payment gateway and EMV Kernel provider, announced it has received Mastercard Emerging Payment Support Accreditation (MEPSA) in the program categories Guidance and Technical Support to Acquirers. The accreditation acknowledges Creditcall’s expertise and skills to provide technical guidance and support to Mastercard customers, i.e. acquirers, issuers and processors, during their preparation, implementation and testing phases of their EMV contact, contactless or dual interface projects.
VIRTUAL PIGGY – Virtual Piggy announced a family-focused mobile banking solution whose technology is marketed as OINK.com, announces the creation of a fully automated parental control system known as Instant Monitoring Parental Account Control Technology (IMPACT) to be implemented in its new peer-to-peer payment system targeted for the under-17 market worldwide. Based on the same artificial intelligence technology that underpins VPIG’s newly created “ReTRO” system of regulatory controls, Impact provides parents with the same real time capability to monitor family transactions that regulators will have in assuring corporate compliance.