Mobile transit payment specialist, Masabi, has ankled Brian Zanghi as its new Chief Executive Officer and President. He will assume the role immediately and is focused on accelerating growth globally in the evolving mobile ticketing market.
MasterPass has spread RAK Bank, Mashreq Bank and Emirates NBD to offer digital wallets powered by MasterPass to cardholders in the UAE. Digital wallets powered by MasterPass will allow consumers in the UAE to store all their MasterCard or other branded payment card information, as well as shipping and billing address details, securely in one place.
TIO Networks announced its patent for change-based transactions on electronic kiosks has been approved by the United States Patent and Trademark office. This patent relates to cash transactions on an electronic kiosk where remaining funds after the initial transaction can be used towards a subsequent transaction.
Intel acquired PasswordBox, a Montreal-based and award-winning provider of a cross-platform identity management service that gives users a convenient way to log into all of their websites and applications from any device without having to type or remember passwords.