TSYS announced the addition of Dennis Jones joins as Group Executive of Business Operations, TSYS International, along with Rick Machold as Group Executive, Assistant General Auditor, TSYS. Jones will oversee the operations teams responsible for account migration, data center and facilities, customer care and production support for TSYS’ international segment. He has held senior executive positions at NatWest and subsequently RBS, including a two-year assignment as Chief Executive Officer at RBS National Bank in the U.S. Meanwhile, Machold will be responsible for providing independent reviews and evaluations of the company’s operations, information systems, controls, major business processes and reporting functions in order to provide recommendations to management, external auditors and the audit committee. He has served as the head of enterprise risk for Invesco LTD. where he designed, implemented and managed the global enterprise risk management process.
CO-based Mocapay announced integration with Quest Retail Technology’s POS solutions, allowing more than 20,000 Quest POS systems in North America to accept payment via mobile phone. The first implementation will allow fans at the University of Colorado’s 53,000-seat Folsom Field to purchase Centerplate concession items with their mobile phones and will serve as a test for future expansion into additional Quest-serviced sports and entertainment facilities. Quest Retail Technology is a supplier of Point-Of-Sale solutions to Stadiums and Arenas in North America. Mocapay is a mobile payment and marketing company that lets consumers use their mobile phones to pay for goods and services at the register and online.
CA-based prepaid card marketer AccountNow has secured the Center for Financial Services Innovation’s new Catalyst Fund as the final investor in the companies third round of venture funding and named David J. Petrini, formerly EVP and CFO of Capital One’s GreenPoint Mortgage Funding as its new CFO. On June 26, AccountNow announced $12.75 million in new funding and the addition of two new board members. Trident Capital, a new investor, led the round, and all current investors participated. These investors include INVESCO Private Capital, Oak Hill Venture Partners, VSP Capital, Grayhawk Venture Partners and Mr. Coltrell. Christopher P. (Woody) Marshall, Managing Director of Trident Capital and Stephen B. Galasso, Strategic Advisor at Trident Capital, were AccountNow’s new board members. The Center for Financial Services Innovation (CFSI) created the CFSI Catalyst Fund to invest in financial services companies and solutions focused exclusively on underbanked consumers. The fund is a private equity limited partnership and was announced on July 24. The Center for Financial Services Innovation, a non-profit affiliate of ShoreBank Corporation, facilitates financial services industry efforts to serve underbanked consumers.
CA-based ConSentry Networks announced that Dallas-based Town North Bank N.A. has deployed its “LANShield” platform to limit user access to customer information. The bank has deployed ConSentry platforms in both its primary operation center in Dallas and its disaster recovery back-up location. ConSentry’s LANShield platforms provide secure switching, enabling organizations to control every user and secure every port on the LAN. The comprehensive set of controls provides authentication and posture check for admission control, visibility into all user activity on the LAN, identity-based control to limit what users can access, and threat control to mitigate zero-day outbreaks. ConSentry Networks delivers secure switching, enabling enterprises to control every user and secure every port on the LAN through its LANShield product family.
Card marketer AccountNow has closed on $12.75 million in a third round of venture funding and added two new board members.Trident Capital led the round and all current investors and board investors participated. Investors include INVESCO Private Capital, Oak Hill Investment, VSP Capital, Grayhawk Venture Partners, Granite Hill Capital Ventures and CEO Tim Coltrell. Stephen B. Galasso, Strategic Advisor, and Christopher P. (Woody) Marshall, Managing Director, both from Trident Capital have joined AccountNow’s board, while all other board members will continue to serve. AccountNow is a provider of financial solutions for the 40 million US consumers who do not have established credit or traditional banking relationships. Trident Capital is a leading venture capital and private equity firm with over $1.6 billion of capital under management. The firm has invested in over 120 companies since its founding.
CA-based AccountNow was honored as a finalist in the category of Best Unbanked and Underserved Program as part of the Prepaid Card Awards at the 2007 Prepaid Card Expo. AccountNow’s VISA-and MasterCard-branded prepaid cards provide millions of consumers who do not have traditional banking or checking accounts additional choices for making purchases and paying bills with the convenience and safety of FDIC deposit insurance, electronic payments, financial education and an innovative tool to help building a new credit history. The cards are issued by MetaBank and Palm Desert National Bank. Prepaid Media provides a host of business-to-business media and information services to the rapidly growing network branded prepaid and stored value card industry. AccountNow is a leading provider of financial solutions for the 40 million US consumers who do not have established credit or traditional banking relationships.
AccountNow, a marketer of MasterCard stored value cards, has raised $12 million in a second round of venture financing, led by INVESCO Private Capital. Proceeds of the funding will be used to support continued growth and expansion of the firm’s customer base. AccountNow is a provider of financial solutions for the 40 million US consumers who do not have established credit or traditional banking relationships.
Venue hospitality specialist Centerplate is installing 240 Quest POS terminals and 50 wireless hand-held units at Yankee Stadium, 250 POS terminals and 26 wireless hand held units at SBC Park in San Francisco, as well as a number of terminals at two minor league ballparks. Centerplate first introduced the Quest POS system with the installation of about 500 Quest POS terminals at Invesco Field Mile High Stadium in 2001 and installed an additional 590 Quest POS terminals and 60 wireless hand held units at FedEx Field in Washington, D.C. in 2004. All Quest POS terminals are configured to accept credit cards with approval times of less than two seconds using Web based authorization. Quest has also configured its products to work with Exadigm wireless terminals. Quest Retail Technology is the largest developer and manufacturer of POS systems in Australia and has over 30,000 POS terminals installed in 17 countries worldwide.
U.S.-based venue hospitality specialist Centerplate is installing 240
Quest POS terminals and 50 wireless hand-held units at Yankee Stadium,
250 POS terminals and 26 wireless hand held units at SBC Park in San
Francisco, as well as a number of terminals at two minor league
ballparks. Centerplate first introduced the Quest POS system with the
installation of about 500 Quest POS terminals at Invesco Field Mile High
Stadium in 2001 and installed an additional 590 Quest POS terminals and
60 wireless hand held units at FedEx Field in Washington, D.C. in 2004.
All Quest POS terminals are configured to accept credit cards with
approval times of less than two seconds using Web based authorization.
Quest has also configured its products to work with Exadigm wireless
terminals. Quest Retail Technology is the largest developer and
manufacturer of POS systems in Australia and has over 30,000 POS
terminals installed in 17 countries worldwide.
eBoodle, provider of the leading online shopping assistant, announced Tuesday that former Visa executive Susie Mielke has joined the company as vice president of marketing. This statement follows the management team expansion eBoodle announced in February with the addition of Charu Rudrakshi, vice president of engineering. Mielke was most recently vice president of strategic marketing at Visa International. In her new position at eBoodle, Mielke will be responsible for all outgoing communications, including public relations, advertising, promotion and events, and will report directly to eBoodle’s president and CEO, Dr. Anil Kamath.
“Our goal is to make online shopping as effective and seamless as possible for the consumer,” said Kamath. “With Susie spearheading our marketing activities, we expect to strengthen our lead in this area by having a strong pulse on consumers, anticipating their needs and placing them at the center of our efforts.”
The company’s Boodle Bar, a downloadable plug-in that sits across the browser, helps consumers find products on more than 40,000 web sites, compare prices, and receive cash back on purchases. It also contains a robust personal profile manager that enables automatic form-filling, as well as transaction record keeping. No other offering matches eBoodle’s range of features, functionality, or ability to leverage personal information.
“I’m delighted to join eBoodle and look forward to contributing my marketing expertise to what is already an outstanding consumer service,” said Mielke. “Our marketing focus will be to firmly establish the product as the most comprehensive online shopping assistant available, and eBoodle as an innovative company of experts who know what consumers want and are steps ahead of the latest trends in online shopping.”
While at Visa International, Mielke was responsible for ecommerce marketing, as well as managing a wide range of initiatives in emerging products and markets. She established a system for measuring the effectiveness of marketing investments and developed a comprehensive methodology used worldwide to monitor Visa’s brand health. Prior to Visa, Mielke was director of consumer research at SRI International. She holds bachelor’s and master’s degrees in economics from Stanford University.
eBoodle provides a comprehensive online assistant through a downloadable agent that dramatically enhances the way individuals find and interact with web content and services. eBoodle is the first company of its kind to help online consumers quickly find merchandise, effectively compare prices for the best values available, and simplify the overall purchasing process. With eBoodle and the Boodle Bar, online shoppers can more easily purchase merchandise from the more than 40,000 e-commerce sites available today. Supported by an executive team, board of directors, and advisory board that include premier technology and business professionals, eBoodle is poised for success in the explosive e-commerce marketplace that is expected to exceed $600 billion by 2002 (Forrester Research, 1999).
Founded in June of 1999, eBoodle is headquartered in Mountain View, California and is funded by Invesco and other private investors. For more information about eBoodle visit [http://www.eBoodle.com] , send email to [email protected]