Compass Plus announced the migration of Global Processing Centre in Antigua, the third largest processor in the Caribbean region, to its open development payments platform, TranzAxis, in just three months.
Paris-based Oberthur Technologies and Canada-based Mobeewave, a key actor in mobile payment, are announcing a solution – Flying mPOS – turning any NFC device equipped with OT’s PEARL eSE into a secure mobile payment terminal (mPOS).
Discover’s Payment Services dollar volume was $80.2 billion for the third quarter of 2014, up 4% from the prior year. PULSE transaction dollar volume was up 3% year-over-year.
American Express launched a redesigned customer website, to enhance the cardholder’s digital experience by providing increased financial clarity, simplifying online payments, and providing new account and spending insights.
Equifax has formed a strategic alliance with Argus Information and Advisory Services, a Verisk Analytics business and provider of analytics, information, and solutions to consumer banks and their regulators.
Trucoin announced that customers in 26 states can now buy bitcoin using their Visa or MasterCards online, a partnership with BitPay to sponsor the Bitcoin St. Petersburg Bowl. Trucoin will be the preferred Bitcoin ATM provider at the St. Petersburg, FL event that will be broadcast to millions by ESPN.
Macy’s and Citi Retail Services announced the early renewal and long-term extension of their credit card services agreement. This new agreement, to run through March 2025, with substantially similar financial terms.
Net Element released a new version of Aptito. This cloud based, point of sale (POS) platform for the hospitality industry has been optimized for iOS 8.1 and upgraded to add many new features, including business management and analytics.
Houston-based Evolve Money, the free bill payment app for desktop and mobile devices owned by PreCash, now offers its customers the option to pay their bills with credit cards. Discover is the first credit card accepted for payment using the mobile app, with plans to support VISA and MasterCardin 2015.
San Francisco-based Revel Systems has secured approximately $100 million Series C funding from New York City-based private equity firm Welsh, Carson, Anderson & Stowe and other strategic investors. The round includes an initial $65 million investment from WCAS and an additional $25 million equity line available from WCAS.
Seatlle-based SinglePoint has finalized an ISO Partnership Agreement with RedFynn Technologies, a payment processing and business solutions provider.
NJ-based Heartland Payment Systems has acquired foodservice industry enterprise-level POS (point of sale) software provider, XPIENT Solutions. XPIENT provides advanced technology to 11 of the top 25 quick service and fast casual restaurant brands, including Taco Bell, Jack in the Box, Panera Bread, and Panda Express.