Sunday , September 15, 2019

Pineapple Payments Acquires Card Champ and other Digital Transactions News briefs from 6/25/19

  • Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed.
  • Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines.
  • Payment Data Systems Inc. changed its name to Usio Inc. Its common stock ticker also changed to Usio, effective July 1.
  • Point-of-sale equipment distributor POSDATA Group Inc. announced an agreement to distribute Nexgo Inc. POS devices. Nexgo is the new name for ExaDigm.
  • Payment-technology provider ACI Worldwide Inc. unveiled Disbursement Services, a part of its bill-payment product suite that allows business to send money to consumers’ debit card accounts using the Visa Direct and Mastercard Send platforms.
  • Factor4 LLC, a provider of gift card and loyalty technology, said its gift card software is integrated with Vend, a provider of cloud-based point-of-sale technology.
  • Mobile-parking app ParkMobile said the Town of Bar Harbor, Maine, has made the app available for more than 700 parking spaces in both on-street and parking-lot locations.
  • Car IQ, which is working on a payment gateway that will allow automobiles to connect to payment networks, said it closed a $5 million Series A funding round led by Quest Venture Partners.
  • Payments-technology provider i2c Inc. announced that it is providing support for corporate card startup Brex.
  • Raghu Malhotra, president of the Middle East & Africa region at Mastercard Inc., has been appointed to the U.S. President’s Advisory Council on Doing Business in Africa.
  • Blackhawk Network Holdings Inc. hired Mark Singer as managing director for the Asia-Pacific region. Singer formerly was senior vice president for Asia at prepaid card program manager InComm.
  • AffiniPay named Tom West chief executive. West, whose career includes stints at Dell, Bain & Co., and PNC, succeeds founder Amy Porter, who is now executive chair of the payments company’s board.
  • China’s UnionPay network said its payment service now covers 174 countries and regions, with 3 million merchant locations outside Mainland China accepting its mobile-payment platform.
  • Buckzy Payments Inc., a Canadian startup, said it has added real-time bill-pay via a single connection to its real-time cross-border payment system.
  • The Secure Technology Alliance announced a July 25 webinar on biometric payment cards.

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