Live Nation Entertainment, the world’s largest live entertainment company, has inked a deal with Appetize for full suite of POS products. The deal is expected to roll out the payment platform across 32 of the company’s U.S. venues.
With a maximum of 40 transaction processing servers running on inexpensive commodity hardware, NuoDB’s performance was seven times higher as compared to its previous version — processing more than one million transactions per minute.
CardWeb.com’s CardData database of Company Profiles today features Digital River.
CardWeb.com’s CardData database of Company Profiles today features processor Digital River. The Company is a major provider of Commerce-as-a-Service solutions.
Discover Financial Services has announced that Walter H. Morris, Jr. has joined the company’s Board of Directors. Having most recently served as a senior managing director of Brock Capital Group since 2010, he retired from Ernst & Young LLP in 2010 where he was a principal. During his 14-year tenure, he provided consulting and advisory services, including fraud investigations, structured finance and real estate finance, to large financial services clients. Prior to joining Ernst & Young LLP, Mr. Morris held executive leadership positions in corporate and international banking, capital markets, mortgage banking and real estate finance. He has served as president and chief executive officer of a large U.S. mortgage bank and senior vice president of a major commercial bank. In July 2010, Mr. Morris was appointed to serve a four-year term on the Board of the Directors of the Federal Home Loan Banks – Office of Finance and is an Audit Committee member.
Imperial College London has become the UK’s first university to allow people to pay for goods on campus without cash and receive rewards – just by using an app on their mobile phones, eliminating the need to carry cash and loyalty stamp cards. Yoyo, a London-based mobile payment and loyalty app, is accepted across the university’s entire South Kensington campus, following a partnership with Imperial College London and nationwide EPoS company, pointOne. The app serves over 20,000 students and staff within 32 retail outlets and counting, including cafes, bars and shops. Announcing a partnership with Yoyo, pointOne EPoS is a nationwide EPoS company that develops its own solutions and offers support and installation services.
Dovetail, a leading provider of next generation enterprise banking solutions, announces the appointment of Sean Conboy, Head of Sales and Account Management for the UK and Africa. Sean joins Dovetail after seven years at Pegasystems, where he was responsible for selling complex software solutions to Financial Institutions. With over 20 years’ experience working with leading Financial Institutions, Sean will be responsible for leading the expansion of Dovetail in the UK and new markets in Africa.
Ziploop mcommerce app announced a $2.2 million seed round with Foundation Capital, Bill Elmore, JBM Ventures Partner, James B. Morris, Managing Partner at Greenback Ventures, James Peters, Managing Director at Texas Pacific Group, Ted Breck, Founder and former CEO at Barra, Andrew Rudd, General Partner at Inman Investment Management, Grant Inman, and General Partner at Canaan Partners, John Balen. Ziploop not only makes the life of the consumer easier, but also helps retailers analyze and better serve their customers. Ziploop allows retailers to rapidly engage with their users on seasonal offerings, while also saving on printing and postage costs.
The first mobile wallet was launched in the Dominican Republic by the leading prepaid telco operator (Orange) and the largest bank (Banco Popular Dominicano). M-peso is a mobile money initiative created to cater financial services to the bottom of the pyramid, which represent 72% of the Dominican population (9.4 million, 2010 census). The product was launched after 6 months of preparation and roughly 8 months after the regulators published the framework for virtual prepaid cards and branchless banking. The design, development and implementation of the turn-key solution was handled by GCS International, the same company that has created and commercialized great success the acclaimed regional products tPago® and Citi® Mobile Collect.
Vantiv, Inc. and Microsoft announced an agreement to deliver a new range of solutions for mobile POS and cloud-connected payments that can help businesses maximize their customer reach at any scale, end-to-end. From simple mobile payment collection in the field, to individual direct sales transactions, to retail store operations and more, the combination of Microsoft’s technology with Vantiv’s processing services and support will make it easier for businesses to take full advantage of their most important asset – their people – to offer seamless best-in-class experiences.
Fime has enhanced its SAVVI test tool to enable Visa terminal integration test results to be automated into a format which, for the first time, can be submitted directly online to Visa. This new functionality, which has been tested and endorsed by Elavon, a leader in payment processes, will speed up the testing process for acquirers as well as eliminate human error when inputting and filing results manually. Secure-chip testing provider, FIME has advanced its terminal integration test tool, SAVVI, to facilitate the direct upload and online submission of automated results generated for the Visa Acquirer Device Validation Toolkit (ADVT). Visa’s online system – the Visa Chip Compliance Reporting Tool (CCRT) – has previously required all test results to be manually inputted and submitted.
NCR Corporation is set to provide retail technology and services to the 154-store Modell’s Sporting Goods chain by 2Q/13. Modell’s will deploy 1,000 “RealPOS 82XRT” POS terminals and implement NCR services and support over a multi-year period, NCR’s first engagement with the Company. Selected to support Modell’s chain-wide strategy to enhance customer service and loyalty by offering a faster check-out experience along with content and offers at the POS, “RealPOS” terminals support high definition video and graphics on customer-facing displays, increasing the effectiveness of all loyalty program promotions and offers.