Cardlytics President Finalist for Entrepreneur of the Year Award

Cardlytics announced that President & COO, Lynne Laube, has been named a finalist for the Ernst & Young Entrepreneur of the Year Award for the Southeast, in the technology category. The award program recognizes entrepreneurs who demonstrate excellence and extraordinary success and personal commitment to their businesses and communities. Lynne Laube cofounded the advertising & technology company, Cardlytics, which has grown to over 250 employees in six years, with nearly 400 financial institution partners including Bank of America, PNC Bank and Regions Bank. Lynne held a number of leadership positions and was responsible for the key innovations, including the formation and growth of the core U.S. credit card business, expansion in the UK, and development of several new U.S. business lines.

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TAPBase Adds To TAP Platform

TAPBase has announced it will add a next-generation standalone card and wallet device to its TAP Platform. The new device contains both NFC (Near Field Communications) and BLE (Bluetooth Low Energy) interfaces, and can replace existing cards for identity, payments, loyalty, transit ticketing, physical access and more. “We’re very pleased to offer consumers the chance to replace many of the cards in their wallets and purses – in a secure and convenient manner,” reported CEO, Robert Mallett.

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Toshiba Implements BitPay Acceptance for Retail POS

BitPay partnered Toshiba to integrate acceptance into VisualTouch POS Software Solution. Toshiba VisualTouch POS provides the advanced POS functionality needed for business management. VisualTouch POS is used in the Hospitality, Food Service, Grocery, Retail and Concession industries with a combined install base of more than 6,000 unique customers and some customers having up to 1,600 locations each. VisualTouch will use BitPay’s POS-integration solutions to grow bitcoin acceptance through brick-and-mortar retail locations that may have not considered bitcoin acceptance in the past. BitPay has over 30,000 clients.

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NCR Invites National Restaurant Association Show Attendees to ‘Find Your Fit’

NCR will demonstrate how the right technology “fit” can help any restaurant – be it a large chain or a small coffee shop – operate more efficiently, manage more profitably and drive consumer engagement at the National Restaurant Association (NRA) Show 2014. With NCR’s POS systems and operational solutions, ease-of-use is infused in every step of the transaction – from the guest reservation and table management and mobile ordering solutions – to accurate and timely order placement with the kitchen production system, all the way to tableside ordering and quick merchant processing. When operators want a more detailed look, they can run reports for sales and labor data, helping to increase visibility into a business and reduce costs. Gift card and loyalty programs help operators stay connected to customers even after they leave the restaurant. NCR’s consumer feedback tool allows guests the opportunity to provide meaningful feedback and provides insight into the profit impact of a guest.

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RewardsNOW to Address CO-OP Conference

Andrew Gates, Director of Strategic Partnerships, and Heidi Young, Sales Director for RewardsNOW, Inc., will be speaking at THINK 14, CO-OP Financial Services’ annual credit union conference being held in New Orleans. The annual THINK conference is designed to assist credit unions in adapting to an ever changing consumer and competitive environment and covers topics such as innovations in member service, technology and branding and each year provides attendees with a variety of speakers and sessions that offer fresh perspectives and concrete solutions for them to bring back to their credit union.

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MoneyGram Launches \”Cash to ATM\” Solution

MoneyGram global money transfer and payment services and DSK Bank introduced its “Cash to ATM” service. The new service allows DSK Bank debit card holders to receive MoneyGram transfers in BGN at more than 850 DSK Bank ATM terminals. Remittances from Bulgarians working abroad totaled $1.6 billion in 2013. The most active corridors for sending money transfers to the country are Spain, the United Kingdom, Germany, Greece, Italy, the USA and Turkey.

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CashStar to Speak at Retail Payment Innovations Summit

CashStar will join a panel of experts at All Payments Expo (APEX) Europe to help attendees understand and leverage the convergence of the payments, mobile, retail and marketing worlds during the session titled, APEX Europe brings together executives from diverse industries to build the next generation of prepaid, retail payments, emerging technologies and alternative financial services. APEX Europe is co-located with Retail Payment Innovations, a one-day event focusing on retail innovation and payment technology. During this panel discussion, attendees will gain real world insights from merchants’ approach to payments and commerce in an omni-channel environment. Panelists will discuss how they are approaching potential partnerships and investments across their channels.

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Bitcoin integrated into Toshiba’s VisualTouch

BitPay announces a partnership to integrate bitcoin acceptance into VisualTouch, Toshiba’s premiere POS Software Solution. Toshiba VisualTouch is a complete point of sale system that provides the advanced POS functionality needed for business management. VisualTouch POS is used in the Hospitality, Food Service, Grocery, Retail and Concession industries with a combined install base of more than 6,000 unique customers and some customers having up to 1,600 locations each.

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iPayment Posts 1Q/14 Revenue Up 1.4%

iPayment posted 1Q/14 results, having processed $5.2 billion in total transaction volume, a 1.2% decrease from the same period in 2013. In the first quarter of 2014, the Company processed 80.4 million transactions, an increase of 1.0% from the first quarter of 2013. Total revenues increased by 1.4% to $158.1 million for the first quarter of 2014 from $156.0 million for the first quarter of 2013. This increase was primarily due to higher volume per merchant, partially offset by a lower number of merchants on file during the first quarter of 2014 versus the first quarter of 2013.

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Inside Secure Launches HCE Payments App

Inside Secure announces at Cartes America the launch of a white-label Android application for Host Card Emulation (HCE) based payments.The new MatrixHCE product enables mobile payment application providers to accelerate time to market by using the pre-validated HCE payment functionality. It includes the highest level of software security to defend against any attacks in the hostile mobile environment. Introduced on Android 4.4 (KitKat), Host Card Emulation (HCE) allows for contactless payments (and other services including loyalty programs, building access and transit passes) to be made directly between the consumers’ bank mobile application and the retailers point-of-sale, using NFC technology. It allows sensitive data used to facilitate transactions to be stored on, and accessed from, cloud servers rather than a mobile device and without the use of a hardware secure element.

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