The online shopping period following Thanksgiving is the largest online commerce event in America. Americans completed a staggering 93% more online purchases on Cyber Monday compared to regular Mondays.
NY-based ShopKeep, the cloud-based technology and business management solution for more than 20,000 small businesses, has ankled Michael DeSimone as the company’s new Chief Operating Officer.
NY-based CardFlight, a specialist in mobile point of sale (POS) technology, has corralled $4.2 million in Series A funding. The financing will enable CardFlight to continue to grow its engineering team and accelerate the rollout of their EMV-approved mobile payment acceptance solutions in the U.S.
NY-based CardFlight reports its suite of mobile solutions has been certified by First Data to accept EMV “chip card” payments.
Brooklyn, NY-based Access One ATM, has partnered with ATM manufacturer Genmega to provide charitable donations at the ATM through a new program – Charity ATM.
NY-based Payoneer says Wellington Management Company has led a $50 million investment in Payoneer. Susquehanna Growth Equity, an existing shareholder, also joined the funding.
NY-based PaidEasy announced a seed round of funding valued at $2 million from a private investor, Ivor Ichikowitz. PaidEasy just launched out of beta this week and plans to use the money to establish a footprint in New York City and its surrounding areas.
GA-based Priority Payment Systems has picked up NY-based payments processor American Credit Card Processing Corporation (ACCPC) for an undisclosed amount.
Payoneer and Digital River have teamed up to transform the way businesses send and receive cross-border payments. Today, Digital River’s solution enables merchants to process online payments using more than 200 international payment options and over 170 currencies.
NY-based PayItSimple USA has invaded the UK. The service lets consumers simply and easily charge any purchase on existing general purpose credit cards and pay it back in monthly, interest free installments.
NY-based Transfast has launched mobile and online money transfer services to nine banks in Pakistan. Pakistan attracted about US$17 billion in remittances in 2014, making it the seventh-largest remittance market in the world.
NY-based HYPR is releasing its Biometric Security Integration Kit, an end-to-end biometric security suite intended for developers and manufacturers across the ever-expanding Internet of Things (IoT). The kits are expected to ship in July in the U.S., Canada, and Europe.