[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Square reports 4Q/15 Gross Payment Volume (GPV) increased 47% year over year to $10.2 billion. Adjusted Revenue was $135 million, up 64% year over year, while total net revenue was $374 million, up 49% year over year. Software and Data Products revenue was $22 million, up 52% sequentially from $15 million…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ID-based Kount, an innovator of solutions for fraud and risk management, has ankled Linda Fayne Levinson for its Board of Directors. The development comes on the heels of an $80 million investment made by the CVC Growth Fund in December. Levinson brings extensive board and business experience, along with a deep…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Technavio’s latest report on the global PoS software market reveals the top four emerging trends influencing the global PoS software market. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline. Technavio announces top four emerging trends…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the launch of a new eCommerce store, All Things Bitcoin, buyers can peruse through a wide range of bitcoin t-shirts, clothing, and other bitcoin gifts. Bitcoin is a decentralized digital currency that is revolutionizing technology in the financial and middle-men markets. It is used to as a currency purchase a…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Hybrid restaurant point of sale system Bevo POS has added a few new features to give restaurant owners a serious edge. These new features include support for convenience fee charges for customers, which allows restaurants to reduce the impact of credit fees by moving part of those fees to customers and…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] NYC-based eMazzanti Technologies issued a security warning regarding a threat to encrypted server traffic which is usually considered to be secure. Any data exchanged with vulnerable servers is at risk. The vulnerability, called DROWN, was discovered by an international team of researchers and made public by the Department of Homeland Security,…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Hitachi Solutions reports its food and beverage Point of Sale (POS) for Restaurants is now available on Microsoft Azure Marketplace. Built on Microsoft Dynamics AX for Retail, the Food and Beverage POS for Restaurants helps restaurants manage and track all aspects of food creation and service. The Food and Beverage POS…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Computop, a global payment service provider (PSP), has inked a big deal with payment processor Heartland Payment Systems. Through a non-exclusive collaboration, the Heartland Portico Gateway will be integrated with Computop Paygate, a robust platform with international payment solutions and fraud prevention, to enable Heartland’s U.S. customers to expand into new…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa has taken its Visa Checkout to a new higher level allowing shoppers to complete their online purchase by sliding a virtual image of their credit, debit or prepaid card across the screen of a smartphone, tablet or laptop. The dynamic, new interactive button brings an engaging new way to pay…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] In Other News: NEXONIA (Amadeus); JACK HENRY (TCH); PAYPAL (Village Capital); and DIGITAL CHECK (SecureLink). NEXONIA – Nexonia, a provider of web and mobile business financial management solutions, announced a partnership with Amadeus, provider of advanced technology solutions for the global travel industry. The new partnership signals the advanced integration of…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers decreased 0.3% in the fourth quarter year-on-year (YOY) to $485.5 billion. The decline was driven by American Express and offset by Capital One. American Express U.S. EOP credit card outstandings nosedived 17.9% to $51.4 billion, compared to $62.1 billion in…
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Average early stage delinquency (30+ days) for the fourth quarter (4Q/15), among the nation’s top four issuers, edged up by 6 basis points (bps) sequentially, but dropped year-on-year (YOY) by 3 bps. All of the top issuers posted higher delinquency for the quarter. The nation’s largest issuer, Chase, reported delinquency increased…
