MD-based Merchant Link as launched EMV for Oracle Hospitality’s Restaurant iPOS Suite, including 3700, 9700, Simphony 1, and Simphony 2. Out of the lab and into pilot and production, Merchant Link has released EMV for Oracle merchants. Merchant Link provides a comprehensive security suite of products, including tokenization, point-to-point encryption, and EMV to Oracle point-of-sale…
MD-based Merchant Link has acquired substantially all of the assets of Canada-based Precidia Technologies.
MD-based Merchant Link will use Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to enterprises and retailers utilizing Merchant Link’s TransactionLink middleware for EMV and contactless payment acceptance on integrated POS (iPOS) systems.
Cincinnati-based Vantiv has approved Verifone’s Secure Commerce Architecture (SCA) solution for connecting Verifone’s line of commerce-enabled MX 900 payment terminals directly with Vantiv’s class leading processing platform.
Credorax appointed Joshua R. Floum to its board, who will bring to the role 30 years’ experience in financial services, payments, advanced technologies, governance and risk initiatives to further facilitate Credorax’s growing business and increasing market share worldwide. Floum served as the Executive Vice President and General Counsel at Visa, Inc., reporting to Visa Inc.’s Chief Executive Officer and serving on its Executive Committee. Floum was instrumental in guiding Visa through its merger and birth as a global public company, which represented one of the largest IPOs in US history. Floum devised the company’s “retrospective responsibility” plan, which shielded the new organisation from legacy legal liabilities and built Visa’s legal and government relations departments to global world-class scale.
Mercury Payment was awarded bronze in the “Front-line Customer Service Team” category in the eighth annual Stevie® Awards for Sales & Customer Service.The awards were presented by the Stevie Awards, which organizes several of the world’s leading business awards shows, including the prestigious International Business Awards and the new Asia-Pacific Stevie Awards. The final results were announced during a gala banquet on Friday, February 21 at the Bellagio Hotel in Las Vegas, Nevada. Finalists from the United States and several other nations attended. Mercury manages over a half-million merchant and partner interactions annually with a dedicated customer service staff of more than 100 people based in Colorado. More than 1,500 nominations from organizations of all sizes and in virtually every industry were evaluated in this year’s competition, an increase of 36 percent over 2013.
Mercury Payment service appointed Andrew Patterson Chief Technology Officer. Here he will be responsible for software engineering, technology infrastructure, business intelligence, quality assurance, and architecture for the organization. With over a decade of technology and management experience, Patterson brings a wealth of knowledge and expertise to his role as CTO at Mercury. Patterson most recently served as the vice president of payments software and emerging products for Moneris Solutions where he led a number of key technology initiatives, including the design and development of many of their products and processing systems. He was also the director of software development at the same company. He holds a B.S. from Dalhousie University and an MBA from Queen’s University.
Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced that the Company will be presenting at the William Blair Growth Stock Conference on Wednesday, June 13, 2012 at the Four Seasons Hotel in Chicago, Illinois. The presentation will begin at…
Financial Technology Partners LP and FTP Securities has been designated the sole strategic and financial advisor to EDC and its Board of Directors on its sale to Cardtronics USA for $145 million. EDC turnkey ATM deployment services operates approximately 3,700 ATMs and multi-function kiosks in the United States focused on multi-state retail operators and high-transacting merchant locations such as convenience stores. This adds to the number of Cardtronics’ ATM terminals and will significantly increase its market footprint, particularly in the Midwest and Great Lakes regions.
COCC will now recommend the integrated, multi-channel Mortgagebot “PowerSite” POS platform to its clients and prospects as a preferred solution. The Mortgagebot “PowerSite” platform for mortgage POS automation integrates a lender’s consumer-direct mortgage Web site with every other mortgage POS channel. The “PowerSite” platform is an integrated POS (IPOS) platform with award-winning, “smart” application technology that enables online consumers, branch staff, call-center representatives, and loan officers to complete error-free mortgage applications in as little as 20 minutes.
A team of veterans from some of the biggest companies in banking, retail and e-commerce – including former eBay and Best Buy CMO Mike Linton, former Visa executive Jim Taschetta and ClairMail founder Joe Salesky – announced at FinovateSpring 2011 its “FreeMonee” national cash-gift network. The “FreeMonee” solution will let merchants give “gifts” directly to individual credit and debit cardholders through participating financial institutions. FreeMonee gifts are cash incentives that function like a gift card on an individual’s debit or credit card. With FreeMonee gifts, consumers can purchase anything they choose at the designated merchant — no strings attached — by simply using their debit or credit card. It delivers high value gifts to the right consumers at scale with its Adaptive Matching Technology (AMT), which analyzes the transaction data of hundreds of millions of debit and credit card holders – while protecting privacy – and precisely matches merchant gifts with profitable consumer prospects that are likely to redeem based on previous purchasing patterns and predictive analytics.
SelectCore payment and transaction processor for the prepaid industry is deploying its “ReCash” ubiquitous cash reload network for prepaid stored-value cards. The “ReCash” platform offers consumers a secure way to load cash onto their reloadable prepaid Visa or MasterCard. Cardholders can purchase a ReCash Voucher with any dollar value up to $500 from a participating retail outlet. The funds can be transferred instantly to the customer’s card via text message, online, or toll-free phone number. The launch of ReCash is part of the Company’s growth strategy to expand into high-margin financial transaction processing.