NewsCred Funding
NewsCred, the leading content marketing software announced $42 million in growth equity funding to aggressively scale its global operations as the company serves the incredible demand for content marketing from enterprise brands.
Digital River
CardWeb.com’s CardData database of Company Profiles today features Digital River.
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.
Direct Mail + NFC
Although NFC has been around for as long as QR code technology, it hasn’t been as widely adopted. The main reason for this is that NFC chips previously had to be embedded in marketing materials, making it awkward and expensive. However more recently, the development of NFC-enabled papers and plastics has opened up fantastic new opportunities to direct mail marketers.
USA Technologies Announces Latest Three Year Agreement
USA Technologies cashless payment and M2M telemetry solutions for small-ticket, self-serve retailing industries, tannounced a new, exclusive agreement with The Pepi Companies that USAT believes exemplifies the future of integrated cashless payment, telemetry and consumer engagement services. The agreement, designed to span all aspects of Pepi’s business”from vending to micro-market, from mobile payment to cafeteria/food service point of sale”leverages Pepi’s existing cashless-enabled vending network and USAT’s new Integrated Payment Services. Integrated Payment Services, an evolution of USAT’s market-leading ePort Connect® service, was introduced to the vending industry yesterday. Pepsi was USAT’s first customer to initiate a complete conversion to cashless payment and telemetry on its vending machines, a project completed at the end of 2012. Pepi will expand its relationship with USAT by leveraging USAT products, services and add-on integration capabilities across all of Pepi’s other business segments.
Pepi’s integrated service solution will include traditional vending, using USAT’s turnkey ePort® and ePort Connect cashless payment and telemetry products and services. Pepi will also have the ability to integrate other third-party devices certified on USAT’s ePort Connect network. For Pepi’s micro-markets as well as their dining service point of sale, Pepi’s technology partner used QuickConnect to integrate with USAT, for streamlined payment services. In addition, for Pepi’s office coffee services and direct store deliveries, Pepi will use USAT’s ePort Mobile™ solution to integrate payments with other business segments. Finally, USAT’s loyalty and prepaid program, MORE., will be accessible by participating consumers using any of these payment acceptance options for an enhanced consumer experience and loyalty factor”one program for all aspects.
USA Technologies Celebrates 5,000th Cashless Client
USA Technologies recently celebrated its 5,000th customer milestone with New York vending operator and Pepsi bottler, Fitzgerald Brothers Beverages, Inc. (“Fitzgerald Brothers”). Crossing the 5,000 customer mark translates to a compound annual growth rate of 69 percent for USAT, from approximately 1,000 customers three years ago. Fitzgerald Brothers recently became a USAT customer in response to increasing demand for debit/credit card acceptance by its consumers and encouraging data regarding the sales uplift a cashless payment platform can deliver to traditionally cash-only businesses and subsequently will receive a free personalized loyalty and prepaid program.
USA Technologies Inks 10 Extended Agreements
USA Technologies entered into ten new exclusive agreements with existing customers throughout 2Q/12. The agreements call for exclusive use of USAT’s comprehensive ePort Connect service, are all three years in duration. The customers with whom the exclusive agreements have been entered into represent existing USAT customers who are regional vending companies as well as a Pepsi distributor.
Toyota Park Installs the MICROS 9700 HMS Integrated POS
MICROS Systems has won the contract with the Village of Bridgeview and Toyota Park to integrate its MICROS POS solution for fans of the Chicago Fire Soccer Club. Toyota Park is a Chicago-based stadium which hosts a wide array of sporting and entertainment events for the area. The solution includes MICROS 9700 Hospitality Management System (HMS) with 92 Keyboard Workstation 270 (KW270) POS terminals for concession operations, 5 Workstation 5A (WS5A) touchscreen terminals for premium operations, and the MICROS Perpetual Inventory and Event Management Solution for increased control of operations.
USA Technologies Names Lead Independent Director
Steven D. Barnhart has been elected USA Technologies’ Lead Independent Director. With this he will become the Company’s first Lead Independent Director and will also continue to be Chair of the Nominating Committee and a member of the Audit and Compensation Committees. The move to name a Lead Independent Director is consistent with the Company’s efforts to augment corporate governance and shareholder friendliness. Among his key responsibilities as Lead Independent Director, Mr. Barnhart will consult with the Chairman of the Board on the agenda for and schedule of meetings of the Board of Directors, serve as a liaison between the Chairman of the Board and the independent directors, chair executive sessions of the board’s independent directors, and participate with the Chairman of the Board on communications with the Company’s shareholders.
MasterCard Names Corporate Controller, Principal Accounting Officer
Andrea Forster has been appointed MasterCard Corporate Controller and Principal Accounting Officer. Bringing to the table more than 10 years’ experience in various finance positions, most recently with Pepsi Bottling as Corporate Controller from 2000-2007 and VP, North America Finance from 2007-2008, Forster will head MasterCard finances. Prior to Pepsi Bottling Group, Andrea was vice president, Supply Chain Transformation, PepsiCo and she holds a Bachelor of Science in Accounting from Providence College and is a certified public accountant.
Sybase Launches mDatabase Solution
Sybase mobile software has launched its “SQL Anywhere 12” database and synchronization solution. Optimized for mission-critical database applications running outside traditional data center environments requiring little or no onsite IT support, “SQL Anywhere 12” provides major new enhancements including support for storage and synchronization of spatial data, iPhone devices, and large-scale synchronization environments; and new self-management features. Additional enhancements include spatial support to enable tracking, location aware querying, data management and synchronization of spatial data; support for OGC and SQLMM standards for spatial data types and APIs, native import for shape files and built in functions to export to KML, GML and SVG formats; scale-out support to allow high transaction volume database servers to offload read-only and reporting transactions to a self-managing tree of scale-out servers; mobility tools to effectively manage, monitor, diagnose and deploy large scale sync environments on various device platforms; and self-management innovations.
NRF Urges Governor to Sign Vermont Credit Card Bill
The National Retail Federation is urging Vermont to sign legislation that would make it easier for
merchants to give a discount to customers who pay by cash, check or
debit card rather than credit card. In a voice vote held on Tuesday, the state Senate unanimously agreed to
amendments made in the House. The bill initially passed the Senate 30-0
on March 31 and cleared the House 139-0 on April 29 and now heads to
Douglas. If signed into law, the bill would allow Vermont retailers to set a
minimum credit card purchase of up to $10 without interference from Visa
and MasterCard, which currently bar minimum purchase amounts in their
rules. Retailers have long wanted freedom to set minimum purchase
amounts because swipe fees can exceed a merchantâs profit on small
purchases, Duncan said. Card companies would also be prohibited from dictating how merchants
price items or blocking a merchant from giving a discount for cash,
checks, debit cards or credit cards with lower-than-usual swipe fees.
Cash and checks are not subject to swipe fees, and PIN debit cards are
generally cheaper for merchants than credit cards or signature debit
because they carry lower fees. Visa and MasterCard also could not force
a retailer to accept cards at all store locations if the retailer only
wanted to accept them at some locations.