UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
CardWeb.com’s CardData database of Company Profiles today features ZirMed.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Pieter van der Does, Co-founder / President & CEO of Adyen.
Visa Europe will offer Visa debit, credit and reloadable prepaid cardholders access to Apple Pay, a new service that looks set to transform mobile payments with an easy, secure and private way to pay when it launches in the UK this July.
CardWeb.com’s CardData Reports today features the “The Cards and Payments Industry in the UK: Emerging Trends and Opportunities to 2019” report prepared by Timetric.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Abdul Rahman Turki, General Manager of Retail Banking of Bahrain Islamic Bank.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Dr. Stuart C. Wells, Executive Vice President, Chief Product and Technology Officer of FICO.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Sam Esfahani SVP, Chief Information Officer of PSCU.
Newton Aycliffe-based Stiller Warehousing and Distribution has switched its fuel cards to Scotland-based The Fuel Card Group’s Dieselink. One reason is both companies are achieving ISO 9001 and ISO 14001 certification.
Ulster Bank has joined the IBOS international banking network as a full member, which enables us offer banking services in Ireland to clients of other IBOS member banks, and also allows us offer the services of these banks to our Irish client base who continue to expand globally.
Payfont has been awarded £100,000 funding from Scottish Enterprise, helping to fund its online security to counter data theft disasters. The Anonymised, Distributed, e-Commerce Architecture (ADeCA) will protect organisations and their customers by managing distributed data fragments via a contextual security protocol. It makes a user’s data completely unique to that user, anonymous to others. This approach raises the bar significantly against Cybercriminals used to stealing large databases of data records that rely on standard encryption and linear access security methods.Cybercrime and its identity theft and money laundering consequences are now at epidemic proportions globally.The 2014 average data breach cost for a company is US$3.5m, up 15% on 2013.
Diebold announced Alan Kerr has been named executive vice president, software. An experienced software and field operations leader, Kerr will build the strategy for the company’s global software organization. With more than 25 years of senior-level experience, he has held senior leadership positions with several IT software and services leaders. An experienced change management leader, he successfully restructured the sales operations and helped deliver revenue in excess of $3 billion.