LS Retail has a new version of its premier Omni-Channel retail and hospitality solution, LS Nav. The LS Nav member management feature makes it easy for retailers to get closer to their customers by offering them membership in loyalty programs as an app.
Atlanta-based FleetCor Technologies reported total revenues increased 47% to $376.7 million compared to $255.5 million in the fourth quarter of 2013. Comdata, which was acquired on November 14, 2014, contributed approximately 27 percentage points of the revenue growth in the quarter, or $70 million to the fourth quarter of 2014.
American Express continues to lose U.S. marketshare to Visa (VS) and MasterCard (MC) in the fourth quarter, with MC doing the most damage gaining 80 basis points (bps). Discover continues to maintain its 2.5% marketshare in U.S. Gross Dollar Volume (GDV).
Orlando-based Funds2Orgs is reinventing crowdfunding with the launch of “Shoe Funding.” On Funds2Orgs’s new website www.shoefunding.com entrepreneurs and others hoping to raise funds for a special endeavor can earn money by collecting new and gently used shoes.
Atlanta-based Axiologix has completed definitive agreements to acquire International Money Management. IMM markets a U.S. issued prepaid debit card that is uniquely affiliated with a distinctly independent foreign bank debit card, allowing money to be transferred to the foreign country via a “person-to-person” conveyance.
DHgate, a major e-commerce marketplace focused on cross-border trade of Chinese goods, announced it has launched a new service for Shopify members, enabling over 140,000 entrepreneurs and small-to-medium businesses (SMBs) in more than 150 countries with access to Chinese manufacturers and suppliers.
Half of mobile internet users have used a mobile device to make a major financial purchase, such as getting a mortgage, buying a car or investing in stocks. Consumers most likely to have made a large transaction on their mobile device were between the ages of 30 and 49 (58% have done so).