Other Breaking News
CardFlash News Briefs: GPN (talech); MYPINPAD (VocaLink); AZIMO (Nigeria); and UNIONPAY (Hong Kong).
Holiday Retail
Holiday retail sales are expected to grow by 3.6% driven by growing consumer optimism about personal finances, Nearly half (47%) of those surveyed indicate they are more confident in their financial situation than last year (37%), and 48% plan to start their holiday shopping earlier this year.
Lightspeed + SEOshop
Lightspeed POS has acquired Amsterdam-based eCommerce software company SEOshop. As part of the acquisition, Lightspeed is launching Lightspeed eCom, its new eCommerce platform in the UK.
VSoft and Payveris
VSoft and Payveris, are expanding an existing strategic partnership to integrate Payveris’ payment solutions into VSoft’s new IRIS Omni-Channel platform.
Premier Bank & TSYS
The Premier Bank Limited (Premier Bank), a leading commercial bank in Bangladesh, has signed inked an agreement to upgrade to PRIME 4, the latest version of TSYS’ PRIME payment solutions platform.
Fiserv & InfoLink
Fiserv has inked InfoLink Services Limited (ISL) for all electronic payment transaction processing, delivering PCI compliance and EMV capability.
Acculynk PaySecure
Acculynk has completed its implementation and “gone-live” with the City of College Park. Acculynk was awarded the contract in late June with the intent to deliver a unique and multi-channel solution that facilitates the payment of utility bills for the citizens of College Park.
WEX & UNIK
ME-based WEX has acquired the remaining 49% stake in UNIK. Following WEX’s initial investment in 2012, WEX has now consummated the purchase of the remaining interest in UNIK.
TSYS Analytics Intellisuite
TSYS has rolled-out new analytics solution that simplifies complex information so that business leaders can immediately use data to grow portfolios. TSYS Analytics Intellisuite is a set of business intelligence products that helps financial institutions identify and execute strategies to reach business objectives.
TIO Networks + Softgate
TIO Networks has inked an arm’s length agreement acquire NJ-based Softgate Systems, a provider of consumer retail bill payment solutions. The acquisition is expected to close later this year.
WEX
CardWeb.com’s CardData database of Company Profiles today features WEX.
Brooks Brothers Card
Brooks Brothers and Citi Retail Services have inked a new multi-year credit card relationship. As part of the agreement, Citi Retail Services, a unit of the 203-year-old global bank, will provide private label and co-branded credit cards for the nearly 200-year-old retailer.