TX-based SignaPay announced the acquisition of PayHub. PayHub was founded in 2011 and was built to provide an advanced virtual terminal and a recurring billing solution that evolved to a mobile and eCommerce solution with API features.
MasterCard has kicked-off Priceless Surprises to cardholders paying with their MasterCard with Apple Pay. A new 30 second TV spot features Gwen Stefani who, with the help of a “Surprise launcher,” sends Priceless Surprises to cardholders.
Switzerland-based BPC Banking Open System announced SmartVista has been selected by Innervation Value Added Services, South Africa who is to develop new card business. Innervation has launched a full Third Party Processing Business and BPC’s solution will provide the company with all the capabilities needed to quickly create and launch a wide range of innovative local and international payment products. Innervation will use the new solution to support its customers across the African continent. Using SmartVista Innervation will launch a range of specifically tailored solutions for its clients, including instalment and revolving credit, gift, loyalty and pre-paid payment cards, travel cards and virtual accounts/wallets.
NYC-based Payoneer is now facilitating payouts for merchant suppliers on San Francisco-based Wish, a top mobile social e-commerce application that offers consumers a highly personalized shopping experience. Over the past three years, Wish has quickly grown to host more than tens of millions of users worldwide.
Fiserv has promoted Marc West as president of its Digital Channels business. In this role, West will oversee strategy, product management and marketing for a range of digital banking solutions, including the flagship Corillian Online banking and Mobiliti mobile banking product sets.
Pittsburgh-based GiftCards.com has teamed with CashStar, the digital gifting company preferred by the world’s leading brands. Under the terms of the agreement, GiftCards.com is leveraging the CashStar Exchange solution, which provides real-time access to the CashStar merchant network featuring more than 200 brands.
The non-profit trade association dedicated to the advancement of electronic payments and electronic commerce has added EyeLock, a marketer of iris-based identity authentication solutions, to the Board of EFTA members.
Total nonfarm payroll employment increased by 321,000 in November, and the unemployment rate was unchanged at 5.8%, will undoubtedly send the stock market to record highs today. The news from the BLS dovetails with the marked increase in payment card spending showing up on the nation’s top four networks in 2014.
Seal Beach, CA-based MagTek has unveiled the QwickPAY Pro payment solution for retail and restaurant owners’ iPads. It is available for free in the App Store, and it works with MagTek’s Made-for-Apple certified mobile card readers, secured by MagneSafe.
The world’s largest bitcoin payment processor has integrated with a mobile investment platform available worldwide. The deal between BitPay and DriveWealth will become the first financial services company to allow users to fund their account with bitcoin.
NY-based Shield Cards says it is currently manufacturing a new method of protection that does not necessitate replacing the user’s wallet or passport holder. Shield Cards are lightweight, economical, and can fit in any wallet or card carrier.
The Commodity Futures Trading Commission (CFTC) has approved the National Futures Association (NFA) prohibition of credit cards to fund retail Forex accounts.