San Francisco-based Hyperwallet Systems has ankled Jennifer Anderson to their U.S. Sales team. Anderson will focus primarily on the direct selling industry, where Hyperwallet has been delivering the industry-leading commission distribution platform for more than a decade.
Toronto-based GreenCoinX has formed an Advisory Board to assist in the further development of GreenCoinX, the world’s first identifiable crypto currency. GreenCoinX identifies users and facilitates the collection of user defined optional taxes by worldwide governments.
San Francisco-based Revel Systems has landed $13.5 Million from ROTH Capital Partners, a relationship-driven investment bank with close connections to Revel. This was Revel’s C-3 investment round, a follow-up to the Series C-1 round led by Welsh, Carson, Anderson & Stowe in November 2014 and Series C-2 round led by Intuit in December 2014.
CardWeb.com’s CardData database of Company Profiles today features COGNICAL a/k/a Zibby
Pierre Omidya who founded eBay as a sole proprietorship in September 1995 remains on eBay’s Board following their divorce with PayPal. He has been a director and Chairman of the Board since eBay’s incorporation in May 1996.
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.
The seventh largest non-bank merchant acquirer in the U.S. has been sold for $1.5 billion. The deal generated a net profit of $700 million for the owners.
Anderson Zaks Payment Services partnered Datecs to develop a fully secure, scalable m-POS solution. This combines Datecs’ BluePad 50 universal mobile payment device with Anderson Zaks’ RedCard payment processing service and is fully compatible with EPOS solutions running on Android, Win8 and iOS tablets. The system includes point to point encryption from the PIN pad to the RedCard software, providing a payments solution that can be used with confidence in a mobile EPOS (or m-POS) environment, and reduces the PCI scope for the merchant or retailer. Anderson Zaks RedCard Processing Service offers easy integration and supports credit, debit, ETU, DCC, gift and contactless and NFC payment card types.
Barclays Bank of Botswana has partnered with Bytes Managed Solutions, the exclusive distributor of NCR technology solutions in southern Africa, for the installation of intelligent cash deposit ATMs. Last month, the bank launched a new generation of ATMs that provide customers with convenient ways of banking outside the banking halls. The ATMs are specifically designed for high transaction usage. They accept cash deposits with real time credit capability, recycle the deposited cash, dispense cash, do cheque deposits, and offer a broad range of other services, such as bill payment, funds transfer, mobile phone top-up and mini-statements.
Ingenico entered exclusive negotiations regarding the acquisition of 100% of the share capital of GlobalCollect from its existing shareholders for an enterprise value of €820 million. GlobalCollect has developed a recognized payment expertise, notably in cross-border e-commerce, to enable most recognized brands to sell their products on line across the globe. Thanks to its secure, scalable, in-house and robust online platform supported by an experienced management team, GlobalCollect directly provides merchants with a comprehensive, cross-border one-stop-shop payment solution by acting as a hub to multiple other payment providers in 170 countries and providing an access to 150 local payment methods. During fiscal year 2013, GlobalCollect reported gross revenue of €305 million, net revenue of €111 million and adjusted EBITDA1 of €50 million.
Wells Fargo & Company and American Express today launched the new Propel 365 and Propel World credit cards, which will be available for Wells Fargo customers and accepted on the American Express network. The new cards, issued by Wells Fargo, offer customers the ability to maximize everyday spending to earn rewards faster, enjoy rich and competitive offers, benefit from enhanced protections while shopping and traveling, and receive advance access to entertainment, merchant discounts and a dedicated concierge service.
Enacomm, Inc. announced the hire of seasoned marketing expert David Anderson, who will serve as Vice President and Chief Marketing Officer. Anderson will fuel Enacomm’s continued, industry-leading innovation in the financial and prepaid industries, driving the creation and launch of new products and intelligent analytics that give companies a proactive advantage in exceeding customer expectations. David also worked with a host of financial institutions, ranging from community and mid-sized banks to national banks, investment houses and card companies. Anderson joins Enacomm’s team of subject-matter experts that has been focused on the financial industry for more than two decades and the prepaid space since 2005.