Pierre Omidya who founded eBay as a sole proprietorship in September 1995 remains on eBay’s Board following their divorce with PayPal. He has been a director and Chairman of the Board since eBay’s incorporation in May 1996.
CardWeb.com’s CardData database of Company Profiles today features SafeCharge.
Fundtech global transaction banking solutions hired Peter Reynolds Managing Director for Fundtech EMEA Sales. As the head of EMEA sales, Reynolds is responsible for driving regional strategy and managing local teams. He reports to Chris Zingo, Global Head of Sales. Reynolds brings to Fundtech more than 12 years of sales and management experience in financial services. Most recently, he led the EMEA sales initiatives for treasury and risk management solutions provider, Reval. Prior to joining Reval, he was a Sales Director at Thomson Financial.
SunGard, Thomson Reuters, Temenos and FreedomPay are announcing new apps for Windows 8 and Windows Phone 8 that will help financial services companies across the world grow their businesses with mobile experiences for employees and customers. Windows 8 and Windows Phone 8 devices continue Microsoft’s long history of providing the security, manageability and compliance that financial services companies rely on. As financial services go mobile, the importance of access control, data security and computing power become even more important. App builders for the financial services industry recognize the power of the Windows 8 platform on mobile devices as essential to providing the solutions that their customers demand. Windows 8 enables new critical business mobility and productivity scenarios that meet the rigorous IT standards for security, manageability and support required in today’s financial services industry. FreedomPay mobile payment and incentive developed the FreedomPay Commerce Platform, available first on Windows Phone 8, which allows consumers to use the platform as a mobile wallet to pay at local stores and get exclusive mobile incentives. Payment cards, offers and loyalty cards are secured in the SEEK digital wallet, which simplifies the consumer’s payment experience.
Payatrader.com announced the general release of a pocket sized, standalone card processing terminal with electronic receipting. Designed for home services traders and small businesses, the PayMate terminal is set to become the tool of choice for small businesses, facilitating immediate card payment. Its a fully accredited, secure chip & pin device with immediate authorization and cardholder authentication.
Gemalto digital security joined the partnership of Cyber Resilience, a global initiative developed by the World Economic Forum in support of fostering a trusted share digital space and supported by leading global companies. Gemalto will work alongside the initiative partners to identify and address emerging global needs and systemic risks that arise from the increasing digital connectivity of people, processes and objects. The company brings its global experience in digital security applied in particular to authenticated mobile security, trusted cloud access, identity and privacy protection, eHealthcare and eGovernment security and efficiency. Gemalto will also bring in the expertise acquired through its numerous contributions to Information and Communication Technology (ICT) security standards.
Digital River global cloud commerce is set to acquire LML Payment Systems in an all cash transaction for $3.45 per share. Digital River has traditionally focused on online payment processing for enterprise and mid-sized merchants. LML Payment Systems processes online payments for more than 14,000 small to mid-sized merchants. The combination will enable Digital River to broaden its online payment services to businesses of all sizes. Collectively, the companies will handle more than $20 billion in online transactions for tens of thousands of companies across a broad range of industries, including software, consumer electronics, government, utilities, event registration and mobile payments.
Raising the bar even further for processing “Big Data” transaction volumes, Microgen Plc announced that Microgen Aptitude, the enterprise application platform, has achieved the result of processing 7 billion transactions per hour performing in-memory processing on IBM System x. Further tests, involving Oracle database to database processing running across a combination of IBM System x…
Vizibility online identity management platform for professionals and the enterprise announced its NFC Mobile Wallet Card as a standard feature for premium subscriptions. Vizibility helps businesses and professionals control, share and track their professional online presence on the Web or on the go. Vizibility mobile business card users can now use NFC in addition to QR codes to wirelessly exchange contact information, share hand-picked profiles, video bios and other curated online content, view connections they have in common on LinkedIn and Facebook, download vCards, and track when and where their business cards are scanned. Through Vizibility’s patented “Find Me in Google” feature, users can even pick and rank the Google search results they want to show first and find out who is Googling them. Vizibility’s mobile business card is an HTML5 Web app and “just works” in the mobile browser with most QR code scanning apps and NFC-enabled smartphones on iOS, Android, BlackBerry and Windows Mobile. Vizibility is the first company to leverage the potential of NFC for mobile personal branding.
Payatrader.com launched its card processing solution designed for the micro and small business market after a successful pilot across a broad range of trades. This allows previously underserviced groups to accept card payments on a “Pay As You Go” basis, and at the same time manages to give small businesses the rich multi-channel payment functionality that would be expected by larger retailers. The ultimate intention is to offer a “low cost, no financial commitment” card acceptance service, letting businesses accept immediate payments via its dot.mobi service, take payments online, and take payments over the telephone using a virtual terminal.
LML Payment Systems’ Beanstream Internet Commerce Inc. has begun distribution of an innovative multicurrency, multiprocessor mobile card acceptance product with enhanced credit card swipe technology and cash/check handling capabilities. The Beanstream application puts a unique spin on technology that allows merchants to swipe credit cards directly on their iPhone, iPad, iPod touch and Android devices. With no more than their phone and a small encrypted card reader, merchants can manage card transactions in 150 currencies while consolidating data from cash and check transactions within the same simple application. The product is built on Beanstream’s bank-neutral payment processing platform to ensure businesses can have funds deposited to any preferred North American financial institution.
Metro Bank has enlisted the Trusteer Rapport secure browsing service to ensure its customers are protected and secure in their online transactions with the bank. Having experienced exponential growth since its launch in July, a key consideration in Metro Bank’s selection of Trusteer is that it is a proven security technology that can scale in a rapid growth environment moving from protecting a several thousand customers one day to millions the next. Metro Bank has the perfect opportunity to benefit from the latest technology and business practice. One such area is online banking where it believes it is important not only to secure customers accessing their bank accounts online, but also when they spend online on other websites, with the mindset that providing adequate protection for all of its customers’ online financial transactions is paramount. Trusteer specializes in Secure Web Access services.