CardFlash News Briefs: PAYSCAPE (Vendevor); TARSIN (Circle Plus); ARROWEYE (TMG); and LENDINGTREE (AmEx).
U.S. Millennials (aged 16-30) are the most likely to adopt new buying methods such as mobile payments with 9% of U.S. millennials using mobile payment applications daily.
Chicago-based Arroweye Solutions has ankled Betty Mitchell as vice president of client engagement. She is responsible for leading a team of Arroweye client partners who implement, manage, and grow client programs.
Austin-based Eliot Management Group has added the Oceano Wave. This countertop package offers a solution to merchants who want the security of an EMV terminal with the convenience of a PIN pad that features both EMV and NFC technology.
In today’s CardFlash News Que: PIVOTAL (FlexPoint); TARZIN (Circle Plus); IWALLET (patents) and UBERRUSH (Clover).
In today’s CardFlash News Que: CASHSTAR (gift cards); PAYANYWHERE (NFC); AFFIRM (e-commerce); and TCH (FIS).
Cardholders are 22% more likely to be very-to-extremely satisfied with their bank if they have received an instantly issued debit card instead of a card sent by mail. A new study also found that cardholders who receive their card instantly in a branch often start using it immediately, accruing between $0.50 to $0.77 in additional interchange revenue for their bank during the first month.
Chicago-based Arroweye Solutions has ankled Jeff Lipa as vice president of business development. Lipa previously worked for Affinion Group and Digital Insight.
Atlanta-based Payscape has formed its first Board of Directors consisting of co-founders, Adam Bloomston and Jeremy Wing, along with Jon Ziglar, CEO at Parkmobile, LLC, Dan Speight, Vice Chairman and COO at State Bank & Trust Company and Steve Kane, Senior Executive & General Counsel at Sterling Payment Technologies.
In today’s CardFlash News Que: FINCITY (Aurora); PARKING PANDA (Button); ARROWEYE (MetaBank): and VERIFONE (VAI).
Parkmobile has ankled Jon Ziglar as Chief Executive Officer. Mr. Ziglar is replacing Cherie Fuzzell, who is leaving the company to pursue other opportunities.
Arroweye Solutions, the only digital On-Demand payment technology firm, has been selected to provide EMV prepaid cards for The Card Collaborative International (TCCI). The flexibility of Arroweye’s Digital On-Demand model allows for better responsiveness to customer needs, and ensures that TCCI can better serve its clients, and slash lead times by putting cards in customers’ hands in days, not weeks.