FireHost’s Payment Island™ Now Processing $20 Billion+

Posted on by wademinnie | 19456 Views | 14 min read

FireHost, the secure cloud hosting company, is further protecting payments processing cloud applications with its Payment Island solution. By decoupling credit card databases and transactional applications from monolithic IT environments, institutions responsible for storing, processing or transmitting credit card data can reduce their scope of compliance, provide better security, and achieve audits faster by reducing

Identive Announces New Chairman of the Board and Management Team

Posted on by wademinnie | 12931 Views | 12 min read

Identive Group, Inc.  announces Steven Humphreys as its new chairman of the board and the promotion of Lawrence W. Midland to president and Dr. Manfred Mueller to chief operating officer of the company. All appointments are effective immediately. “Identive’s ability to operate as a united, focused company is strengthened with the appointments approved by our

FIS to Showcase Key Payment Innovations at Money2020

Posted on by wademinnie | 16325 Views | 6 min read

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

PayPal and Intershop Close Partnership for e-Commerce Solutions

Posted on by wademinnie | 13909 Views | 5 min read

Intershop, a leading global software solutions provider for e-commerce, and PayPal, global leader for online payments, announced today a partnership for e-commerce solutions in Brazil. Via PayPal, Intershop offers retailers a safe, reliable and simple to use payment platform. In turn, PayPal will offer clients Intershop’s state-or-the-art e-commerce platform, proven technology from two decades of

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

Posted on by wademinnie | 7692 Views | 6 min read

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

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

Posted on by wademinnie | 11294 Views | 6 min read

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

Retailers Go Omni-commerce with Heartland and Bigcommerce Partnership

Posted on by wademinnie | 15219 Views | 12 min read

Heartland Payment Systems one of the nation’s largest and fastest-growing payment processors, and Bigcommerce, the leading e-commerce platform for innovative businesses, announced the launch of Heartland’s Online Storefront. The industry’s most comprehensive integrated e-commerce platform, Heartland’s Online Storefront enables merchants to launch their online stores in less than one hour or upgrade their existing e-commerce

New Financial Inclusion Study Spotlights Europe’s Financially Excluded

Posted on by wademinnie | 6195 Views | 18 min read

MasterCard launched the Road to Inclusion, a report which shows preconceptions of the financially excluded are wide of the mark, based on a new financial inclusion study that is the largest of its kind. The findings were unveiled at the 2013 MasterCard Europe Prepaid Conference in Rome. The study took place across six European countries:

PayPal Updating Policy on Crowdfunding

Posted on by wademinnie | 6062 Views | 6 min read

A recent blog post by PayPal’s VP of risk management, Tomer Barel,  hints towards an upcoming change in PayPal policy which will make it easier for crowdfunding sites to take payments through PayPal. In the post Barel says, ‘Crowdfunding sites are an exciting and innovative new way to directly connect entrepreneurs with the people who want

Accenture Helps YSPay Roll Out New Mobile Payments Solution in China

Posted on by wademinnie | 11495 Views | 10 min read

YSPay, one of the leading payment services providers in China, has rolled out a new mobile payments solution developed with Accenture. The solution allows YSPay customers – consumers, banks and merchants – to process payments with any type of mobile phone. The companies announced the launch of the solution at Sibos in Dubai. YSPay’s new