Along with street vending, food trucks are one of the fastest-growing segments in the hospitality industry. According to the National League of Cities, food truck revenue is expected to increase 76% over the next five years.
NC-based Paragon Application Systems, an independent, global ePayment testing solution provider, concludes that card payment channels are being left behind by other banking channels as they struggle to deliver business change using 20th Century application life cycles.
Glen W. Herrick is the Executive Vice President and Chief Financial Officer of Meta Financial Group and MetaBank. Meta Financial Group is the holding company for MetaBank.
The creators of the Wocket smart payment wallet are now workingon an additional software feature called WocketPass. NXT-ID’s WocketPass keeps all of passwords in your pocket and locked within your Wocket, rather than managed by a third-party on a shared cloud.
Misys has launched Misys FusionBanking Corporate FrontOffice integrated with enterprise pricing and credit lifecycle management. The latest packaged solution in the FusionBanking portfolio for corporate banking delivers a single view across the corporate client business.
ACI is now ranked 20th on the list of financial technology companies that were judged according to their global revenues. The ranking was made by the IDC Financial Insights 2014 FinTech Rankings. ACI moved up four places in the rankings.
Fundtech enhanced its flagship Global PAYplus payment services hub, complete with new business capabilities, and improved usability and performance. Global PAYplus’ new user interface can be customized to be task-specific, helping users to prioritize and focus only on those things that require their attention, enabling work load to be optimized and streamlined,
Big data is full of hype and it’s hard for IT leaders, especially payments companies, to know how to exploit its potential. A new report dispels five myths and concludes IT leaders need to cut through the hype and confusion, and base their actions on known facts and business-driven outcomes.
San Francisco-based Affirm says its installment financing service for online shoppers and merchants is going gangbusters. Affirm lets shoppers pay for purchases across multiple months with transparent, fairly-priced fees built into every payment, and boosts conversion and basket size for eTailers at less than the cost of credit cards.
Wallaby Financial and CreditCards.com announced the launch of the WalletUp Mobile App. The new App will enable consumers access a comprehensive set of financial resources including a personalized recommendation on which credit card to use at the point of purchase to maximize their rewards.
CardWeb.com’s CardPixes database of more than 7,000 card images today features the BECU Visa card. The BECU Visa card is issued by the Boeing Employees’ Credit Union.
CA-based Kofax says a mobile money management and remote deposit capture (RDC) solutions provider recently switched to Kofax Mobile Capture Platform. The undisclosed, but rapidly growing customer, serves medium sized banks with under $20 billion in assets.