NY-based iPayment has promoted Robert Purcell to CFO. Purcell joined iPayment in 2012, and currently serves as the company’s Senior Vice President, Finance and Chief Accounting Officer. In the CFO position, Mr. Purcell will work with iPayment Interim CEO and President, O.B. Rawls IV to improve iPayment’s financial flexibility and position the company for significant…
A MD-based firm, specializing in vendor management strategies and solutions to U.S. nonprofits, has issued a virtual credit card guide for CFOs. Vendor Centric says virtual credit cards are one of the newest and most flexible forms of electronic payment. They are designed to be an alternative to check or ACH payments, and can be…
While U.S. finance executives are less optimistic than last year, their confidence in the U.S. economy remains above the global average of 65%. According to a new survey from American Express and CFO Research, 75% of U.S. finance executives report that their companies’ revenues are higher now than a year ago, outperforming any other country…
CardFlash News Briefs: CSI (IPS); ALLIED WALLET (Ecwid); USAT (Downey); and SHOPKEEP (CEO).
NY-based ShopKeep, the cloud-based technology and business management solution for more than 20,000 small businesses, has ankled Michael DeSimone as the company’s new Chief Operating Officer.
CA-based prepaid card specialist Green Dot reported financial reported consolidated GAAP and non-GAAP total operating revenues of $146.4 million and $146.5 million, respectively, following the major loss of MoneyPak. Green Dot generated net cash from operations of $114 million year to date.
MasterCard has ankled Craig Vosburg to president, North America Markets, effective January 1st. This appointment comes as Chris McWilton announced he will leave MasterCard on December 31.
A new survey discovers the majority of IT departments (86%) plan to implement two-factor authentication for access to cloud applications. Currently, 38% of users utilize two-factor authentication, this is expected to rise to over half (51%) of users using it in two years. Over half (57%) already use two-factor authentication to secure external users’ access to resources, indicating the varied use of the technology.
Toronto-based GoldMoney has ankled Katie Sokalsky, CPA, CA, as Chief Financial Officer, and Kate Millington as General Counsel of GoldMoney. GoldMoney also completes the previously planned addition of James Turk and Hector Fleming to the board of directors.
CardWeb.com’s CardData database of Company Profiles today features Worldpay.
First Data has ankled Himanshu Patel as Chief Financial Officer. Patel has served as First Data’s Executive Vice President of Strategy, Planning & Business Development since June 2013.
ShopKeep has acquired Ambur, an iPad and iPhone point of sale system for more than 1,500 restaurants. Also, ShopKeep ankled Andrew Gorrin as the company’s new Chief Marketing Officer.