FIS to Showcase Key Payment Innovations at Money2020

FIS™  a provider of banking and payments technology, will bring a robust presence to this year’s Money2020 conference, an annual event for emerging payments and financial services. One of Forbes 100 Most Innovative Companies, FIS will demonstrate the success of its Mobile Wallet with Cardless Cash Access, which allows users to not only pay using their smart

Clinkle Announces 100K on Wait List and Investor Sir Richard Branson

Clinkle Corporation, a stealth startup working to modernize how people transact, announced that in less than two months after opening its college wait lists, over 100,000 people are in line to use Clinkle. In addition to celebrating this milestone, Clinkle has announced that Sir Richard Branson has made a personal investment in the company. “We’re

eBay Inc. to Aquire Global Payments Innovator Braintree

eBay Inc.  announced that it has agreed to acquire Braintree, a global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary

ACI Worldwide Strengthens Position in Electronic Bill Payments with Acquisition of Official Payments

ACI Worldwide a leading international provider of payment systems, and Official Payments Holdings, Inc. a leading provider of electronic bill payment solutions, announced that they have entered into a definitive transaction agreement. Under the terms of the agreement, ACI Worldwide will acquire Official Payments in an all cash transaction for $8.35 per share. The boards

Wincor Nixdorf Opens Software Headquarters in Utrecht

Wincor Nixdorf AG is pooling its software and professional services expertise in Utrecht in the Netherlands. Wincor Nixdorf CEO Eckard Heidloff officially opened the new Software Headquarters on September 18, 2013 in the presence of Remco van Lunteren Member of the Provincial Executive of the Province of Utrecht. “The opening of the Software Headquarters, from

Citi Completes Acquisition of Best Buy’s U.S. Credit Program

Citi announced that it successfully completed on September 6 the acquisition from Capital One Financial Corp. of Best Buy’s U.S. credit card portfolio and the conversion of the portfolio to Citi’s systems. Citi Retail Services, the premier provider of credit card products, services and solutions for North America retailers, will manage the portfolio going forward.

VeriFone Names Paul Galant Chief Executive Officer

The Board of Directors of VeriFone Systems, Inc. announced that it has appointed Paul Galant Chief Executive Officer and Member of the Board of Directors, effective October 1, 2013. VeriFone, Mr. Galant, 45, served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. In this role, Mr. Galant developed innovative digital payments services for

MasterCard Announces Head of Emerging Payments for MEA

MasterCard announced the appointment of Aaron Oliver as Head of Emerging Payments for the Middle East and Africa (MEA). Aaron will be responsible for introducing and managing Emerging Payment products to meet the evolving needs of consumers and effectively support MasterCard’s future growth in the region. Aaron joins MasterCard from Visa where he held the

NITMX Relies on Axway to Offer Secure Payments Management Platform

Looking to facilitate payments related to customs, trade and logistics to meet Thailand’s National Logistics Development objectives, National Interbank Transaction Management Exchange (NITMX) turned to Axway, a market leader in governing the flow of data, based on its expertise in integration and ability to govern critical business interactions. NITMX was established in late 2005 to provide

MasterCard Shows Consumers 10 Ways to Pay in the Digital Age

Stay on top of fashion, get a great price from a local merchant, and buy your hot dog and peanuts at the ball game—all from a mobile device? At the Innovation Showcase MasterCard displayed the many ways it is revolutionizing the consumer shopping experience. Held in conjunction with its annual Investor Day, the Innovation Showcase