Meijer announced that its free digital savings program, mPerks, is turning 5 this week and has already set a company record with $100 million in savings to customers this year.
Allied Wallet has been awarded as an INC 5000 company for 2014, recognizing their incredible growth and award-winning solutions. Allied Wallet was previously recognized in 2012 as an INC 500 company. Since then, they’ve expanded to over 1000 employees globally with offices all over the world. This year they’ve earned their second placement on the INC 5000 list as one of the fastest growing companies.By creating a state-of-the-art solution that is easily implemented all over the world, Allied Wallet has connected buyers and sellers from different continents by offering them a simple, safe way to accept or send payments for goods or services. INC 5000 has been awarding the top, privately-held companies in the United States for over thirty years.
Scanbuy mobile engagement solutions provider announced the company has engaged Connecticut-based OmniView Capital Advisors for its business and financial services. Scanbuy operates the cloud-based mobile engagement platform ScanLife, as well as the most popular mobile engagement app in the world, with millions of users discovering new information from their real-world environment. The mobile app is available for free on all major platforms, including Android and iOS. Scanbuy mobile engagement solutions power intelligent connections between the physical and digital world. The ScanLife suite of products consists of a cloud-based platform used by a wide variety of industries including retail, CPG, and media to create, manage and monitor dynamic mobile engagement campaigns.
China’s economy has hit the breaks the past two quarters. The current Composite Leading Indicator (CLI) has leveled out at 10.8%, the lowest in four years according to RAM Research. The HSBC/Market Purchasing Managers’ Index is now 50.8 in November slightly down from October. Reuters says China’s economy is forecast to grow 7.5% in the fourth quarter, which is slower than previously forecast and represents a 14 year low. However, there is a sign of resilience as China’s leaders eyeball the yuan’s trading band and potential approval of privately-held banks. RAM Research predicts China’s CLI will drop to 10.5% at year end.
Mocapay mobile marketing and payments solutions launched customized mobile program for Denver-based Udi’s Cafés and Restaurants. The new Udi’s branded mobile app will allow Udi’s to issue loyalty and reward benefits to its customers. Udi’s is taking advantage of Mocapay’s mobile marketing to keep customers informed and to allow store managers to bring added value to Udi’s guests. The branded app will offer a full range of loyalty and reward benefits such as Udi’s loyalty program; Ability to earn valuable points; Automatic delivery of earned digital currency; Easy and secure redemption of rewards and offers; Ability to view account activity; Locator to pinpoint the closest Udi’s location and the ability to manage and update an account. The loyalty program rewards one point for every one dollar ($1.00) spent. For every 100 points earned the consumer receives a $10 gift card to spend at Udi’s Restaurants.
TSYS announced has completed its acquisition of ProPay. ProPay previously operated as a privately-held company, and offers simple, secure and affordable payment solutions for organizations ranging from small, home-based entrepreneurs to multi-billion dollar enterprises. Financial Technology Partners LP and FTP Securities acted as exclusive financial and strategic advisors to ProPay and its Board of Directors in this transaction. ProPay has provided simple, secure, and affordable payment solutions for organizations ranging from the small, home-based entrepreneur to multi-billion-dollar enterprises.
Wright Express Corporation business payment processing and information management solutions has expanded its global presence by acquiring a 51% interest in UNIK S.A., a privately-held provider of payroll cards in Brazil for approximately R$44.7 million (approximately US$21.9 million). The agreement also includes the potential to acquire the remaining shares over a three-year period. The investment is expected to be accretive to adjusted net income starting in the first twelve months. UNIK is a leading provider of payroll cards, private label and processing services in Brazil specializing in the retail, government and transportation sectors.
Bank of America announced that it and Barclays Bank PLC have entered into an agreement with Equity Residential and Lehman Brothers Holdings Inc. pursuant to which Bank of America and Barclays will sell their remaining 26.5 percent interest in Archstone, a privately-held owner, operator and developer of multifamily apartment properties, for a purchase price of…
Payoneer global payments announced U.S. transporters on uShip.com can now access their payments within minutes. Providing payment immediately upon release of funds, Payoneer gives transporters access to its online transport marketplace and the capital they need wherever and whenever necessary. uShip transportation marketplace for vehicle, freight and household goods shipping markets launched uShip “Payments” payment system that helps carriers get paid quickly online. The Payoneer solution helps further expedite the payment process for transporters.
Cash Register Services announced the integration of VALID Systems’ state-of-the-art check cashing technology into its register system that is anchored by VALID’s groundbreaking decisioning and identification platform. CRS joins major players in banking and financial services in VALID’s growing network of customers and partners. CRS has been piloting in 100 stores and will begin offering…
NCR and CSI Leasing Offer Strategic Finance Packages to Drive Channel Growth in the Retail and Banking Sectors
NCR POS and payment software has signed a global agreement with CSI Leasing, the equipment finance provider, to provide NCR Interact Solution Providers with a range of strategic customer financing options and comprehensive support to grow and develop new business in the retail and banking sectors. CSI Leasing will offer a broad range of customer financing options through NCR’s Interact Global Partner Program, including supporting channel partners to insert financing early in the sales cycle to help build a customer value proposition and business case. A comprehensive support program includes training, online tools and global contacts with the infrastructure, expertise and resources to engage with NCR partners on a global basis.
Monitise has agreed to a GBP109 million, all-share deal to buy privately-held US counterpart Clairmail and will issue 312,787,144 new ordinary shares representing around 26.5% of the enlarged firm based on its share price of 35 pence. Expected to close by the end of the financial year, the acquisition gives Monitise a huge boost in the North American mobile banking and payments market, where Clairmail claims a third of the top 50 banks, and hundreds of smaller players, as customers. Combined with Monitise’s partnerships with its shareholder Visa and fintech giant FIS, positions the merged group to take advantage of the expected boom in US mobile money services over the next few years.