ROAM, an Ingenico company and the leading mobile commerce platform provider, announced Blackbaud software is using its platform as the basis for a new mPOS offering for nonprofit clients. Blackbaud MobilePay enables Blackbaud’s nonprofit clients to accept credit and debit card payments via smartphone or tablets at an event or in the field. By making it more convenient to pay on the fly, Blackbaud expects this solution to help its clients reach more people and operate more efficiently. ROAM’s technology powers mPOS solutions and provides its customers with everything required for a full mobile POS solution, including the card readers, mobile apps, management and development tools.
AnywhereCommerce has been awarded a patent from the United States Patent and Trademark Office that covers the company’s encryption technology, which resides across its line-up of secure Mobile Point-of-Sale appliances. Patent number 8,534,554 was issued on September 17, 2013 and is in addition to AnywhereCommerce patents for its audio-jack technology, which enables any smartphone, tablet, or mobile device to be transformed into a fully functioning, highly secure mPOS. The company’s versatile lineup consists of flexible appliances that support a variety of card-based payment presentation methods, including magnetic stripe debit, credit, and gift card payments as well as EMV chip-card transactions.
Difference Capital Financial is investing in Carta Solutions Holding Corporation. DCF has invested $2 million in Carta in the form of common shares and warrants, resulting in an approximate 5.0% diluted stake in the company. This investment provides DCF with exposure to the fast-growing mobile payments sector. Carta is an international leader in transaction processing and payments technology, specializing in prepaid, mobile and emerging payments. Carta’s unique platform, designed specifically to meet the complexities of the evolving payments environment, bridges the gap between existing payments infrastructure and the next generation of mobile and digital payments.
eGlobal ATM services for the hospitality industry announced a renewed four-year partnership with Avendra to be a preferred supplier of ATM services to Avendra’s customers. Though eGlobal has been a preferred supplier of ATM services for Avendra for several years, this agreement represents an enhanced program for Avendra’s customers and reduces the number of preferred suppliers in the ATM services segment, making Avendra’s support for this offering clear. As an endorsement of this program, Sage Hospitality recently adopted the Avendra offering and is in the process of transitioning its properties over to eGlobal.
Bob Carr, Heartland Payment Systems CEO, has been named the 2013 Innovator of the Year by the Princeton Regional Chamber of Commerce. Carr will be formally recognized at the Annual Business Leader Awards presentation and gala at the Tournament Players Club Jasna Polana on December 4, 2013. Carr was the driving force in helping Princeton merchants launch the OnePrinceton program last month. OnePrinceton is a secure payments system that allows merchants to easily donate one percent of each OnePrinceton purchase to the buyer’s participating nonprofit organization in the Princeton area when shopping at merchants that participate in the program. Consumers can participate in the OnePrinceton program by directly linking their checking or savings account through either a OnePrinceton card or a smartphone QR code, both of which require PINs for added security.
MoneyGram, a leading global money transfer and payment services company, announced that Larry Angelilli, senior vice president and treasurer at MoneyGram, will present at the Deutsche Bank 21st Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, October 2, 2013. The discussion will take place at approximately 7:10 p.m. Eastern Time / 6:10 p.m. Central Time at The Phonecian. The presentation will also be available via webcast at ir.moneygram.com. MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs.
Keeping in view its vision of a customer-focused bank with service excellence, BOP opens new doors of convenience for its customer base of over 700,000 customers. BOP has an extensive network of 306 branches across Pakistan with over 126 ATMs. BOP will be the first bank in Pakistan going for Master Debit Card issuance over 1Link. This will also be BOP’s first set of branded debit cards. Customers can now also use their debit cards globally at all MasterCard accepting POS locations and ATMs. MasterCard is accepted worldwide at over 36 million locations. Coming from one of the largest networks of payment cards, MasterCard debit card is an emblem of convenience, accessibility and control.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] USA Technologies announced a 3Q/13 24% increase in total revenues to $35.9 million and a 29% increase in license and transaction fee revenues to $30.0 million, representing 84% of total revenues for the 2013 fiscal year. Meanwhile, adjusted EBITDA of $5.8 million up from an Adjusted EBITDA loss of ($2.8) million;…
AFEX non-bank provider of global payment and risk management solutions appointed Richard Verasamy CFO. The last 20 years in various senior finance positions within the financial services industry, Richard was most recently the Chief Financial Officer and Chief Risk Officer for Jameson Bank, a Canadian owned Schedule 1 Bank that specializes in commercial foreign exchange services. Prior to this, Richard held various roles with Travelex including CFO of the Americas and subsequently the Global Finance Director for Travelex’s Commercial FX Division.
FIS will bring a robust presence to this year’s Money2020 conference, the leading annual event for emerging payments and financial services. One of Forbes 100 Most Innovative Companies, FIS will demonstrate the success of its Mobile Wallet with Cardless Cash Access, which allows users to not only pay using their smart phones, but also withdraw money from an ATM. These include FIS Mobile Retail – An integrated mobile experience of payment, loyalty and Mobile Wallet, which will showcase a retail scenario at which a customer will pay using a mobile device, receive an offer to visit the retailer and make additional purchases while scoring points to move up to next loyalty tier; FIS Mobile Wallet with Cardless Cash Access – A City National Bank branded application and live, branded ATM at which users can withdraw cash via a mobile device; and FIS Mobile PayNet – A demo of how PayNet – FIS’ global, real-time, cross-network money movement solution – can be used to shop and deliver cash back.
eGlobal announced a contract renewal with BJ’s Wholesale Club, its sole provider of ATM services. Adding a long-term contract extension to a relationship started in 2009, eGlobal, a leading supplier of full-service ATM solutions, will continue to own and operate more than 200 ATMs located in BJ’s Clubs.This program will continue to offer an important service to BJ’s Members, and also create a compelling opportunity for banks and credit unions to participate in eGlobal’s ATM Branding Program. Utilizing this program, financial institutions experience increased brand awareness, market reach, and surcharge-free transactions for their account holders at BJ’s Club locations.
The WorldPay Group announced WorldPay US has recently agreed to the purchase of Century Payments. WorldPay US will now strengthen its strategic partnership model and gain advanced sales tools and analytics. This transaction is the culmination of a long-standing relationship between WorldPay and Century Payments. Financial Technology Partners LP and FTP Securities LLC (together, “FT Partners”) served as exclusive financial and strategic advisor to Century Payments.