The Electronic Funds Transfer Association (EFTA), which works to advance electronic payments and commerce through responsible federal government relations and member education, released its second white paper on, “User Authentication,” which details the benefits and challenges of utilizing user authentication as a component of an overall security strategy. According to the Department of Commerce, U.S.…
NY-based iPayment has promoted Robert Purcell to CFO. Purcell joined iPayment in 2012, and currently serves as the company’s Senior Vice President, Finance and Chief Accounting Officer. In the CFO position, Mr. Purcell will work with iPayment Interim CEO and President, O.B. Rawls IV to improve iPayment’s financial flexibility and position the company for significant…
New research shows consumers relying on mobile devices or computers to store their personal data, the use of egifts—digital gift cards delivered to recipients via email, social media or text message and that are redeemable in-store, online or via mobile devices—is growing. The research by Blackhawk Network, a pioneer of prepaid gift cards, payment tools…
Austin, TX-based Mozido has ankled Vince Padua as Executive Vice President of Product and Development effective immediately. Mozido says Vince has a demonstrated track record of finding product and market fit by innovating and transforming technology into high growth businesses. With over 15 years of experience driving innovation within companies including IBM (Watson and Tivoli), Dell,…
Allegiant and Bank of America inked a new relationship to launch the Allegiant World MasterCard. This is Allegiant’s first credit card program, and will allow cardholders to earn three points per dollar on Allegiant purchases, two points per dollar on qualifying dining purchases, and one point per dollar on all other purchases. Article – Allegiant…
Toronto-based Posera has inked its second SecureTablePay non-exclusive distribution agreement with one of the largest payment processors in the United States. The agreement will generate initial license fees and monthly recurring revenues for POSERA. Posera expects the solution to be available once technical certification is completed in approximately 3 months. Upon completion of the technical…