Herzliya-based SuperCom has named Mr. Shai Vardi as its new VP of Secure Financial Solutions. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite.
Purchase Dollar Volume (PDV) on U.S.-issued debit cards by Visa (V) and MasterCard (M) is expected to slightly increase in the fourth quarter to $477 billion. Debit PDV jumped 7.6% year-on-year (Y/Y) in the third quarter of 2014 (Q3/14) to $452 billion, according to CardData.
Toronto-based Nexonia has integrated SmartScan receipt capturing technology into their the Nexonia Expenses product. The new SmartScan add-on feature is available on both Android and iOS mobile devices and can be enabled on any Nexonia Expenses customer subscription.
Staples says the breach that occurred this past summer affected 1.16 million credit and debit cards. Staples’ data security experts detected that criminals deployed malware to some point-of-sale systems at 115 of its more than 1,400 U.S. retail stores.
AZ-based 5th Dimension Logistics has added the Card Account Updater feature to its 5th Dimension Payment Gateway. The Account Updater enables merchants to automatically retrieve updated credit card information when consumer’s cards expire while subscribed to a recurring billing plan.