Bankrate is acquiring Wallaby Financial. Wallaby’s proprietary CardBase database includes more than 2,400 credit cards offered by over 500 financial institutions and is the ideal companion for every digital wallet solution.
Citi Ventures has formed a partnership with Plug and Play Tech Center to expand Citi’s accelerator efforts in the U.S., Germany, Singapore, Brazil and Spain. This program will utilize Citi’s global lab network while building on its first FinTech accelerator, launched in Tel Aviv, Israel in 2013.
Big data specialist Apixio has named Maya Capur as its Vice President of Customer Operations. Capur will join the company’s executive team and lead the development and expansion of Apixio’s customer success and operations activities.
Compass PlusCompass Plus announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’s Excrypt SSP9000 hardware security modules (HSMs). This new partnership with Futurex, a provider of secure, robust, and cost-effective data encryption security solutions, has extended the list of HSMs now supported by the TranzAxis payment platform. Compass Plus’ distributor in the Latin American and Caribbean region, during the migration of Global Processing Centre in Antigua (GPC) to TranzAxis. The certification has enabled customers, including GPC, to utilise Futurex HSMs for EMV data preparation and the card issuance process, as well as the secure authorisation and communication of sensitive data for Visa, MasterCard and UnionPay EMV cards.
CA-based MyECheck has named Bob Sacco as the company’s national account manager. Sacco’s responsibilities will include overseeing the company’s nationwide customer portfolio, as well as implementing an executive operational strategy.
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.
Nottingham-based Compass Plus announced that its open development payment platform, TranzAxis, has now been fully certified to support Futurex’s Excrypt SSP9000 hardware security modules (HSMs).
Experian announced the release of its second annual Data Breach Industry Forecast, a white paper outlining key issues and trends to watch for in 2015.
Powa Technologies is musceling into its way into an international commerce arena with PowaTag, PowaPOS and PowaWeb,
Alkami Technology, Inc. and CO-OP Financial Services says First Tech Federal Credit Union has selected the companies’ fully-integrated online and mobile banking bill payment solution to deliver the ultimate digital banking experience.
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.