Hellenic Banks Deploys Gemalto Optelio Wristbands

Hellenic Banks Deploys Gemalto Optelio Wristbands

Gemalto has supplied Hellenic Bank, a major Cypriot financial institution, with its Optelio contactless EMV Payment wristbands. These water-resistant NFC wristbands that are marketed as PayBand to Cyprus consumers will ensure that Hellenic Bank customers no longer have to worry about carrying cash or cards. Gemalto has worked alongside its local partner Mellon Cyprus to…

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Blackhawk Network to Acquire Grass Roots Group

Blackhawk Network to Acquire Grass Roots Group

Blackhawk Network has inked a definitive agreement to acquire Grass Roots), a provider of employee and customer engagement solutions. The closing of the transaction is subject to completion of certain filings with and approval by Germany’s Bundeskartellamt. Grass Roots is headquartered in the county of Hertfordshire, United Kingdom, with offices in Europe, the Americas and…

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CoreCard Software Beefs-Up its Prepaid Products

CoreCard Software Beefs-Up its Prepaid Products

CoreCard Software has added three new features designed to increase the ease of use and marketability for clients providing prepaid solutions to community banks and credit unions. The features include: multiple card sales with receipt, reseller hierarchy and floating teller/user support across multiple bank branches. CoreCard’s processing solution now includes the following features and benefits.…

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Paysafe Inks a Deal to Acquire Income Access Group

Paysafe Inks a Deal to Acquire Income Access Group

Paysafe is expanding its product capabilities by acquiring Income Access Group, a pioneering affiliate technology business for a cash consideration of CAD$40m (approximately US$30m1). Income Access is a market-leading brand providing innovative affiliate technology for businesses to manage their performance marketing programs. In addition, more than 25,000 affiliates use the company’s multi-channel software for their…

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Verticalized Solutions Trigger New Growth in Brazilian M2M Market

Verticalized Solutions Trigger New Growth in Brazilian M2M Market

Novel applications and value-added services such as management platforms are expected to restore the average revenue per line (ARPL) in the Brazilian machine-to-machine (M2M) market. Revenue growth had slowed down during a period of intense competition and aggressive pricing, but the emergence of new applications requiring ubiquitous connectivity and higher value 3G/4G services are giving…

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Southeast Asia Driving e-Commerce Globally

Southeast Asia Driving e-Commerce Globally

The world’s fastest-growing region for e-commerce revenues, exceeding US$25 billion by 2020 is Southeast Asia. In 2015, the market earned US$11 billion despite several acquisitions, market exits, and many online retailers struggling to achieve profitability. While significant challenges persist, Frost & Sullivan remains optimistic about the growth potential of e-commerce in Southeast Asia. Analysis of…

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Boku Raises Funds to Expand Carrier Billing Connections

Boku Raises Funds to Expand Carrier Billing Connections

Boku has landed $13.75 million in further venture funding to expand carrier billing across numerous carrier connections in developed and emerging markets around the globe. Boku continues to grow in emerging economies, while simultaneously executing a strategy to penetrate and grow in developed markets. Several of Boku’s existing venture investors from Silicon Valley have followed…

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UnionPay Card Acceptance Become Ubiquitous in th USA

UnionPay Card Acceptance Become Ubiquitous in the USA

Nearly all the ATMs in the US accept UnionPay cards for cash withdrawal and over 80% of the local merchants accept UnionPay credit cards. In tourists’ favorite destinations such as New York, Hawaii, San Francisco, Los Angeles, Orlando and Chicago, UnionPay’s acceptance coverage in well-known shopping centers and Outlets has exceeded 90%. With one UnionPay…

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