CorFire Execs Join Mozido

Mozido mobile payments, commerce and marketing announced that two former senior CorFire executives have been appointed to its management team. Steve Bacastow and Charlie Wiggs strengthen Mozido’s executive bench to expand its global footprint. Bacastow joins Mozido as senior vice president of operations. An expert in the alignment of IT with business strategy, he will be responsible for leading all company operations functions with a focus on maximizing growth and profitability and meeting compliance standards. Wiggs has joined Mozido as senior vice president of business development. Wiggs will drive new business acquisition in key markets as well as manage relationships with major global clients. Prior to joining Mozido he was vice president of sales for CorFire, where he was responsible for developing and executing the company’s sales and market development strategy for financial institutions.

Details

Sterling Payments Appoints ISO Business Development Head

Sterling Payment Technologies national payment processor has named Jeffrey Akeson Executive Director of Third Party/ISO Sales where he will lead Sterling’s ISO business development strategy, drive initiatives to build ISO programs and support. Akeson was VP of Third Party Sales with payment processor PowerPay for seven years, where he introduced new tools, processes and value-added products and services that resulted in a significant expansion of the company’s sales portfolio. In his new capacity, Akeson will develop a strategic plan to expand the company’s ISO sales channel by building significant relationships with sales partners and helping their organizations and agents excel in the payment industry.

Details

TransCard acquires HQ, Will Introduce Prepaids in Malls

TransCard acquired HQ mall-based prepaid card programs, opening new retail distribution channels for a wide variety of prepaid products. HQ Gift Cards currently provides management services for some of the most successful mall gift card programs in the country, managing operations for more than 300 malls and casinos, including 5 of the top 7 mall operators.

Details

TNS Acquires Appoints Manager in Asian Expansion

Transaction Network Services expanded its presence in Asia with the opening of an office in Taiwan and the appointment of David Chiang as Country Manager. Opened after TNS had been granted a Type II Telecom Business license by the National Communications Commission of Taiwan, which enables it to provide international telecommunication and transactional processing services in Taiwan. TNS is working with a leading payments company in the region to migrate its business to a fully managed PCI DSS compliant service, delivering significant operational benefit and cost savings. Mr Chiang joins from Nexsys Corporation and has previously held roles with companies including Chia Hsin RMC, ComLink, E&M Technology and Kapiit Inc.

Details

MasterCard Parnters Equity Bank on NFC Expansion

MasterCard and Equity Bank of Kenya announced an agreement at a signing ceremony in Nairobi to issue five million MasterCard-branded debit and prepaid cards, over the next 18 months. This program empowers African consumers to use electronic payments which provide a safe and secure way to pay, versus cash and other forms of payment. MasterCard debit and prepaid cards with chip-enabled technology will be issued, first into the Kenyan market and then extended into Uganda, Tanzania, Rwanda, and South Sudan, signaling the largest rollout of EMV payment cards in sub-Saharan Africa to date. The cards will also introduce MasterCard PayPass with the first ever installation of PayPass enabled point of sale terminals across the region.

Details

MasterCard Worldwide Announces New Corporate Treasurer

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard Worldwide announced Juan Rajlin will join its team as Corporate Treasurer, effective February 6. Bringing with him a range of international financial experience in global corporations having held positions in the United States, Europe and South America, Rajlin most recently served as Assistant Treasurer for General Motors. Here he was…

Details

VeriFone Allows Retailers to Interact More Easily

VeriFone Systems shows its comprehensive suite of payments solutions is helping leading retailers interact with, impact and impress their customers. New innovations on the show floor will include a new, size-adaptable payment acceptance solution for tablets”the first to work with iPad mini, new versions of PAYware Mobile for iPhone 5 and the new iPod touch and cloud-based services for bridging today with tomorrow’s innovations and managing ever-growing payments complexity. Also Microsoft will demonstrate in a BIG Ideas session how it is now accepting payments with a single, mobile interface using a Windows phone to drive purchases and enhance the customer experience at its Microsoft Store retail locations. VeriFone is providing the payments acceptance for the co-branded solution, which offers end-to-end encryption of cardholder data and PCI compliance and handles all transactions through VeriFone’s PAYware Connect gateway. VeriFone’s latest version of PAYware Mobile for iPhone 5 and the new iPod touch is a multifunction solution incorporating mag-stripe, NFC and EMV acceptance, with an integrated PIN pad, as well as a 2D barcode imager.

Details

Cadence Bank to Launch Discover Debit Program

Discover partnered Cadence Bank to create the Cadence Bank Debit Card powered by Discover Debit. Cadence recently completed a comprehensive evaluation of its debit options in response to the changing financial services landscape and determined an affiliation with Discover made the most strategic sense. Discover Debit provides convenience and security, with broad national acceptance as well as leading fraud-prevention and data-security tools to help mitigate cardholders’ exposure to debit card fraud. Cadence also is participating in Buzz Points™ through PULSE Loyalty Edge, multi-faceted loyalty program incorporates merchant rewards and aims to drive spending to local merchants in the communities the bank serves.

Details

NCR Lets DSW Employees to Go Mobile

NCR Corporation announced DSW branded footwear and accessories retailer is to expand their use of NCR Advanced Store POS software to offer DSW shoppers mobile POS functionality and returns throughout the chain. Now Sales associates can easily assist customers in finding items out of stock at the store they are in, but available at another store or on the DSW website; Loyalty program information is available anywhere, allowing associates on the floor to personalize the shopping experience with relevant product advice and make recommendations based on shoppers’ past purchases; Increased checkout capacity and agility at peak periods like holidays, weekends or major store sales days; and sales management can now perform back office functions anywhere in the store floor.

Details

First Data Announces CEO to Step Down

First Data electronic commerce and payment processing announced CEO Jon Judge plans to retire from the company, of which he informed the Board of Directors last week and received full support. Mr. Judge will remain in his position until a transition is effected. First Data makes payment transactions secure, fast and easy for merchants, financial institutions and their customers. The company leverages its product portfolio and expertise to drive customer revenue and profitability for debit, credit card, gift card, check or mobile phone, online or at the checkout counter.

Details