Toronto-based GoldMoney and BitGold reported another strong month in November adding nearly 90,000 new users.
In today’s CardFlash News Que: INTECH (Forte); PIVOTAL (white paper); PRESTIGEPAY (website); and KONY (exec).
GoldMoney announces the launch of automated savings and payments tools for the BitGold platform. The BitGold platform, a self-directed savings platform and payments network, continues to add new tools and features never before available in the consumer gold market, driving innovation by increasing access, lowering friction, and increasing the utility of gold as a form of savings and as universal payment medium.
Toronto-based GoldMoney, a full-reserve and gold-based financial service and technology group, reported 74,262 sign-ups in August to hit 242,264 total. Transaction volume hit CN$11,798,296 for the month.
TX-based Pivotal Payments has been accepted as a Principal Member of UnionPay International, a subsidiary of China UnionPay, the largest card issuer in the world. The partnership offers Pivotal’s merchants more payment options with the ability to target the world’s biggest online retail markets and the fastest growing payment scheme globally.
Toronto-based GoldMoney, f/k/a BitGold, which operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments, continues to soar with 168,000 users at the end of July.
The recent loss of Ed Gilligan at American Express has spurred CEO Ken Chenault to make major changes. The changes include the realignment of several businesses and reporting lines.
Moscow-based Net Element reported Russian mobile payment revenues were $461,328 for the third quarter and $338,295 for the second quarter. The Company expects to record quarterly growth in its Russian mobile payment processing business with revenues for the second quarter 2014 being the lowest level of revenues.
Miami-based Net Element has filed for a $50 million universal shelf registration statement to provide the Company with increased financial flexibility to execute on its business strategy and invest in opportunities in mobile payments and value-added transactional services.
William Healy has been appointed to the Net Element’s Board of Directors, effective June 30, 2014, and will serve on the Board’s Audit, Compensation, Nominating and Corporate Governance Committees. Mr. Healy is an accomplished financial services industry veteran with more than 24 years of merchant financing and electronic payments industry experience. Net Element is a global technology-driven group specializing in mobile payments and value-added transactional services.
Net Element, Inc., a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, is pleased to announce that the Company completed the closing of a $10 Million credit facility from the payments industry-leading lender, RBL Capital Group, LLC. This closing represents the second funding in the $30 million financing round that was announced by the Company on April 22, 2014.
Rosetta Stone is currently marketing and selling subscriptions and downloads of its software to consumers from Australia, Brazil, the Netherlands, Poland, South Africa and Thailand via localized online stores powered by Digital River.