Masabi Funding
London-based Masabi, a specialist in mobile ticketing and innovative fare collection for transportation, snagged a $12 million funding round.
BattleHack 2015
PayPal and Braintree named the $100,000 USD grand-prize winner of its 2015 BattleHack Series. The 24-hour BattleHack World Finals took place at PayPal Headquarters in Silicon Valley and hosted 14 teams of developers from across the globe, all winners of their regional BattleHack competitions.
Spirit Debit Reward
The artwork of high school students Traeveon Reese and Martha Estrada will soon appear in the wallets of thousands of debit cardholders in north Texas. The aspiring artists’ designs are being featured on the new Spirit Debit Reward cards, offered by Texas Trust Credit Union.
MC & Masabi
MasterCard is combining its payment technology with Masabi’s JustRide mobile ticketing platform to streamline mass transit payments. The first city to benefit from this alliance will be Athens.
Stanley Linkous
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Stanley Linkous, Senior Vice President for Primax.
NCR Recognized as a Top 10 Innovative Company
NCR has been awarded Technology Association of Georgia (TAG) “Top 10” Award, as one of Georgia’s 10 most innovative technology companies. TAG is the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry. The “Top 10” most innovative technology companies are chosen from among TAG’s “Top 40” 2014 list and were chosen based on a number of criteria, including: degree of innovation; scope and financial impact of innovation; likelihood of success; and promotion of Georgia’s innovative efforts nationally and internationally. NCR Mobile Pay enables consumers to take action instead of waiting. Restaurant patrons can easily review an order, add to it, tip and pay, and take a survey – all directly from their smartphone. NCR Mobile Pay transforms the guest experience while also improving order accuracy.
MoneyGram to Acquire Money Transfer Businesses
MoneyGram acquired Advanced ChronoCash Services (“ACCS”) and signed an agreement to acquire MoneyGlobe Payment Institution. MoneyGram acquired super agent ACCS through a share purchase agreement. ACCS has been a MoneyGram agent since 2003, and has now grown to more than 400 locations with a loyal base of retail agents. MoneyGram also signed an agreement to acquire the shares of MoneyGlobe Payment Institution S.A., a provider of cash-to-account money transfers from Greece to Bangladesh. The transaction is subject to closing conditions and regulatory approvals. These latest acquisitions are important to MoneyGram’s offerings to customers in Greece and draw upon the company’s strategy to invest in products and services that enhance operations and provide increased convenience for customers.
Zaxby’s Implements MICROS Inventory Tracking
Over 150 Zaxby’s locations have deployed MICROS’s “myinventory” to better manage and control in-store inventories at all of its corporate and 60+ franchisee locations. The “myinventory” solution-integrated with the MICROS POS- extends Zaxby’s list of deployed MICROS solutions at its 535 casual restaurants in the Southern United States. MICROS’ “myinventory” optimizes the management of inventory, and provides all the information required to maintain stock in a cost effective manner for cumulative, daily and ad hoc reports related to ordering, receiving, inventory counts, waste and more.
Texas Trust FCU Card Rewards Local High Schools
Texas Trust Credit Union is introducing its “Spirit Debit Rewards,” allowing cardholders to help schools earn cash for the classroom with every swipe of their Texas Trust Credit Union Spirit Debit Reward card. Participating schools will receive 15 cents every time an active Spirit Debit card is used to make a purchase. With more than 1,100 active card-carrying Spirit Debit cardholders, Texas Trust Credit Union anticipates giving away $75,000 this school year to the schools enrolled in the program. Schools will receive a check each month for cardholders’ previous months purchases.
EARN TICKETS
New Malev-Citibank co-brand card customers who activate and perform a
transaction with the card for least HUF 15,000 by Sept. 30, 2010,
will receive a free return air ticket. Because of the great success of
a similar promotion last year, Malev and Citibank decided to offer the
promotion again this year. Customers can select a preferred destination
from Malev’s 20 scheduled flights. The complimentary return air ticket includes all related taxes, airport
and other fees, so new cardholders do not need to spend anything on the
flight. Malev-Citibank Gold Card holders also receive free travel
insurance, a service connected with the Gold Credit Card. Malev-Citibank credit card holders earn Bonus Points in Malev’s Duna
Club Frequent Flyer Program by shopping with their credit cards. These
points can then be exchanged for bonus air tickets in the Malev and
oneworld network, based on contractual terms and conditions.
SPAR AND NCR
Food retail chain SPAR will install NCR self-checkouts in 12 SPAR INTERSPAR hypermarkets in
Slovenia. The deployment of the 52 self-checkouts was signed with the support of
Printec, NCR Solutions Partner in Eastern Europe. If successful, NCR
“SelfServ Checkouts” could be deployed to other SPAR stores in Slovenia in
2010. The solution’s enhanced design also provides operational efficiencies
for retailers and customers. NCR “SelfServ Checkout” features NCR’s
patented two-sided thermal receipt printer, which enables simultaneous
printing on both sides of a receipt, reducing paper consumption by up to
45 per cent and speeding up print times. In addition, the NCR RealPOS
High Performance Scanner/Scale offers superior scanning performance to
help make self-checkout scanning even quicker for consumers.
NCR’s self-service Customer Experience Consulting team leveraged the
pan-European experience of NCR SelfServ Checkout implementations to
assist and guide SPAR Slovenia with the right checkout configuration and
the implementation of operational “best practices” to ensure the optimum
customer and staff experience.
JSC SITRONICS
JSC SITRONICS, a subsidiary and provider of telecommunications,
information technology and microelectronic solutions of SITRONICS Smart
Technologies (SST), has won a tender to deliver Visa and MasterCard chip
bank cards. With a growing presence in EEMEA emerging markets, the
contract extends over a three year period for Sberbank of Russia, the
largest bank in Russia and the Commonwealth of Independent States (CIS).
SITRONICS telecommunication solutions include software, equipment and
systems integration, IT solutions and microelectronic solutions in
Russia and the CIS across Central and Eastern Europe. With a growing
presence in the Middle East and Africa, SITRONICS serves over 3,500
clients, maintains offices in 32 countries and exports its products and
services to more than 60 countries. SITRONICS has around 10,000
employees of whom approximately 4,500 are involved in research and
development.