Wednesday , March 21, 2018

Payment Data’s Stock Move and other Digital Transactions News briefs from 12/21/17

  • Point-of-sale system maker Touch Dynamic debuted the Breeze Ultra All-In-One POS terminal.
  • Payment Data Systems Inc. said it will sell 1.18 million shares of common stock to institutional investors at $2.55 per share. The merchant processor anticipates net proceeds of $2.75 million after expenses, which it will use for general corporate purposes and working capital.
  • The U.S. Payments Forum published a white paper, “EMV Troubleshooting Guide for ATM Owners and Operators,” which provides recommendations for preventing common transaction issues when consumers use EMV chip cards at ATMs, and offers suggestions for troubleshooting problems when they do occur.
  • VeriFone Systems Inc. announced that Ronald Black and Larry Klane had joined its board of directors, effective immediately, and that Eitan Raff had resigned from the board, effective Wednesday after a 10-year period of service. Black is chief executive of Rambus Inc. Klane is cofounding principal at Pivot Investment Partners LLC.

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