Diebold reached an agreement to acquire Cryptera A/S, one of the world’s leading companies in the research and development of secure payment technologies. Cryptera will help expand Diebold’s leadership position in ATM security solutions and drive future innovation and excellence in the EPP space. Cryptera was founded in 1985 and has sold more than one million payment solutions globally. It is the top supplier of PIN pads for some of the world’s top manufacturers of ATMs, petrol pumps, self-service and self-checkout devices. Under the agreement, Cryptera will operate as a separate business with its own business plans and scope, and will continue to be an original equipment manufacturer (OEM) of EPP solutions for Diebold and its other existing customers globally. Diebold will leverage Cryptera’s development and product capabilities to expand its OEM customer base and drive thought leadership in security throughout the self-service industry.
Kaj van de Loo has been named the Clairmail mbanking and payment solution Vice President of Engineering. Kaj comes to Clairmail with extensive knowledge of the software industry and will head up the Clairmail engineering team to lead the development and quality assurance of the company’s international mobile banking and payments platform. Bringing with him 20 years’ experience in enterprise software at both startup and global technology companies, Kaj was most recently the Senior Vice President of Technology Strategy for SAP, driving technology innovation into products that create value for customers and the Vice President of Engineering at Questra.
Mobile experience platform provider Mocapay has announced a strategic
partnership with CO-based Full Cycle high-end bicycle retailer. Full
Cycle will work with Mocapay to complement its marketing program by
mobile-enabling its existing gift card program. Mocapayâs embedded
marketing engine will be used to deliver targeted mobile offers to
customers. Mobile campaigns can be directed to all customers throughout
Colorado or targeted to specific store locations. Full Cycle mobile account holders will be able
to conduct mobile transactions at the POS, access their
account balance and transaction history, and reload their Full Cycle
account, all from their mobile phone. Using the customized
Mocapay Dashboard, Full Cycle can monitor the effectiveness of
individual campaigns in real time. Mocapayâs SaaS technology also enables Full
Cycle to integrate secure mobile payments into its POS. Mocapay mobile
payment secures mobile transactions
through multifactor authentication to ensure security measures are not degraded
in the mobile form factor.
Rahaxi Processing has signed agreements with the Kultajousi jeweller
chain to supply its OTI solution. Rahaxi Processing will provide more
than 60 of the Kultajousi stores in 27 different cities in Finland with
its services. Rahaxi provides mission-critical solutions to the
financial industry worldwide. Working with merchants and acquirers in
more than twenty countries, it has adopted a partnership strategy for
growth while its subsidiaries, including Rahaxi Processing, FreeStar
Technologies Ireland and FreeStar Dominicana Dominican Republic,
continue to develop and implement first class products and solutions
that enhance the service level its partners can offer their customers.