DR & NSW
Minneapolis-based Digital River has signed a strategic alliance agreement with Japan’s NIPPON SYSTEMWARE (NSW), an e-commerce solutions providers.
CARD Act Savings
A new report found American consumers have avoided more than $9 billion in over-limit fees and saved more than $7 billion in late fees since the implementation of the Credit Card Accountability Responsibility and Disclosure Act (CARD Act).
Other Breaking News
CardFlash News Briefs: CFSI (study); XPRESSBUY (Visa); ACI (TransferWise); and INTELLICHECK (deal).
Masabi Funding
London-based Masabi, a specialist in mobile ticketing and innovative fare collection for transportation, snagged a $12 million funding round.
Revel Exec Award
San Francisco-based Revel Systems announced Lisa Falzone, co-founder and CEO of Revel, has been chosen by EY as one of the 12 entrepreneurs selected for the 2015 North American Entrepreneurial Winning Women program.
NAB EPX Exec
North American Bancard (NAB) has ankled Tim Oneacre as general manager of its subsidiary Electronic Payment Exchange (EPX), a full-service payment processor that provides both front- and back-end payment solutions.
Other Breaking News
In today’s CardFlash News Que: CYBERSOURCE (LINE); EVED (EvedPay); CHILI’S (mPay); and CUP (spending).
PAX’s BroadPOS & EMV
PAX Technology announced PAX’s BroadPOS secure payment solution has been certified by First Data to accept EMV transactions using First Data’s Rapid Connect platform.
Harbortouch NFC/EMV
Harbortouch is offering a free NFC and EMV capable PIN pad with its Echo POS systems for eligible merchants. Harbortouch Echo is a built-for-purpose POS system that combines the performance and functionality of a traditional system with the simplicity and sleek design of a tablet, without any up-front costs to merchants.
Crypto Car Chips
As payment networks mull facilitating transactions from automobiles there are security concerns now being aggressively addressed. Giesecke & Devrient and IBM are teaming up to work on a new connected vehicle security solution with the intent to make car hacks much more difficult in the future.
Verifone e355 mPOS
Verifone and Aava Mobile have unleashed the first handheld mobile point of sale (mPOS) solution powered by Intel to deliver a flexible, long-lasting EMV-ready mPOS solution for enterprise retailers.
BBPOS WisePOS
BBPOS is set to unveil its new WisePOS, an Android smartphone cum mPOS device in just a few weeks. Achieving flexibility and seamless integration into back-end systems, WisePOS demonstrates its uniqueness by combing a smartphone and mPOS features. It provides superior flexibility for merchants to use the Android platform to develop custom applications and services to reduce complexity and optimize their business.