Vogogo + Vanado
Denver-based payment processing specialist Vogogo has completed the acquisition of all of the issued and outstanding shares of Vanado consulting and payment services.
Navis RapidSAQ PCI
Denver-based Coalfire has been updated to include new Payment Card Industry (PCI) Data Security Standards (DSS) that will help large organizations manage their Self-Assessment Questionnaire (SAQ) process.
Cyber Threats Outlook
The number and sophistication of cyber threats will continue to increase exponentially. Fueled by both geopolitics and economic incentives, international (and often state-sponsored) criminal organizations will escalate their development of offensive cyber capabilities.
MyECheck Clients
MyECheck has inked three new clients for its online check processing solution. MyECheck offers a variety of electronic check services for almost any application including personal, business and government payments.
iConnect POS
Denver-based Connect POS announced the integration of its mobile point-of-sale app for iPad into the Intuit App Center. With this integration, iConnect POS becomes the first cloud-based point-of-sale (POS) system to be fully integrated with QuickBooks Online.
CashStar Announces Latest Gift Card Program Client
CashStar launched its eGift card program with Hacienda Colorado, giving consumers the option to personalize and send digital gift cards online and via mobile devices from the restaurant known for its signature Mountain Mex cuisine. The restaurant selected the CashStar platform because of its best-in-class platform and ease of implementing promotions to drive purchases and incremental revenue. The CashStar platform enables consumers to easily select the design and denomination for each eGift card, include a personal message, and determine delivery date and time all through Hacienda Colorado’s website. In addition to CashStar’s high-quality Web-based gifting experience, the platform also provides a specifically designed user interface for mobile devices.
Mocapay Announces Latest mCommerce Launch
Mocapay mobile marketing and payments solutions launched customized mobile program for Denver-based Udi’s Cafés and Restaurants. The new Udi’s branded mobile app will allow Udi’s to issue loyalty and reward benefits to its customers. Udi’s is taking advantage of Mocapay’s mobile marketing to keep customers informed and to allow store managers to bring added value to Udi’s guests. The branded app will offer a full range of loyalty and reward benefits such as Udi’s loyalty program; Ability to earn valuable points; Automatic delivery of earned digital currency; Easy and secure redemption of rewards and offers; Ability to view account activity; Locator to pinpoint the closest Udi’s location and the ability to manage and update an account. The loyalty program rewards one point for every one dollar ($1.00) spent. For every 100 points earned the consumer receives a $10 gift card to spend at Udi’s Restaurants.
Renters can Now Improve Credit Score with Payment History
Tenants who rent their homes can now get financing credit for their on-time rental payments, including millions in a variety of lending opportunities, with Rental Kharma. Rental Kharma furnishes data to large credit bureaus and launched this new service to make it possible for renters to overcome this barrier. There are more than 100 million renters in the U.S., and Rental Kharma has developed its comprehensive, online platform for renters, letting them build their credit score by self-reporting the last two years of their payment history. The data is then provided to the large credit bureaus.
Phoenix NAP Completes PCI DSS v2 Assessment
Phoenix NAP premier infrastructure-as-a-Service (IaaS) provider and primary network access point (NAP), announced that it successfully completed a Service Organization Controls (SOC) 2, Type 2 audit. Service Organization Control (SOC) audits replace the former Statement of Auditing Standards (SAS) 70 audit, the previous standard for Reporting on Controls at a Service Organization, as the new authoritative guidance in such matters. Additionally, Phoenix NAP has retained its status as a PCI DSS Validated Services Provider after Coalfire Systems QSA completed its independent audit.
59% of Parents Financially Helping Adult Children
Accordingly, 59% of parents are providing, or have in the past provided, financial support to their adult children when they are no longer in school. Conjunctivly, 65% of adult children between the ages 18-39 who are not in school believe the financial pressures faced by their generation are tougher than those experienced by previous generations. These findings, according to an online poll commissioned by the National Endowment for Financial Education, also show 32% of parents agree their own generation had it easier than their children’s generation while 43% are providing financial support because they are “legitimately concerned” with their child’s financial well-being, while 37% do so because they do not want to see their children struggle. Among those helping their kids, 50% are providing housing; 48% are helping with living expenses; 41% are aiding with transportation costs; 35% are providing insurance coverage; 29% are handing out spending money; and 28% are helping with medical bills.
Phoenix NAP Achieves SAS 70 Type II Certification, Retains PCI DSS
Phoenix NAP datacenter and network access point is now a SAS 70 Type II certified facility, following the completion of an audit by independent agency Security and Control LLC. The SAS 70 is a widely recognized auditing standard developed by the American Institute of Certified Public Accounts (AICPA) that measures service organizations’ controls and safeguards. The datacenter maintains its status as a PCI DSS Validated Services Provider after Coalfire Systems completed its independent audit. Phoenix NAP is listed on the Global List of PCI DSS Validated Entities and has been deemed to be HIPAA compliant.
Mocapay Picks Up $3MM in New Funding
Denver-based loyalty marketer Mocapay has closed $3.0 million
in funding from Spartan Mobile, Lacuna and other investors.
Texas-based Spartan Mobile is an investment fund that has invested
in the mobile space since 2005, specializing in mobile marketing,
information and promotions.The Lacuna Venture Fund is a pioneer in the
concept of Gap Capital,
which helps early-stage companies negotiate the gap between product
innovation and marketplace adoption. Proceeds from the funding will go
towards supporting new customer
implementations, expanding business development efforts, and developing
additional enhancements to the mobile commerce platform, for both
payments and marketing services.