Thursday , April 25, 2024

Joe Kaplan Moves to Sage and other Digital Transactions News briefs from 10/23/17

  • Private-equity firm GTCR, which bought Sage Payment Solutions in August from its British parent company The Sage Group plc, appointed veteran independent sales organization executive Joe Kaplan as chief executive of the merchant processor, and also announced that it would invest $350 million to support Sage. Kaplan is the former CEO of Total Merchant Services and founded Innovative Merchant Solutions, which he sold to Intuit Inc. in 2003 and continued running as the payments unit of the accounting software provider before heading TMS in 2012.
  • First Data Corp. said its Clover Go mobile point-of-sale devices will be available to merchants through Apple.com and in Apple Stores. First Data will also enable loyalty and gift card acceptance for Apple Pay through an integration with the Clover platform. Altogether, First Data said it now supports Apple Pay at more than 1 million U.S. merchant locations.
  • Digital-banking platform vendor D3 Banking Technology said it has launched a direct connection to the Zelle peer-to-peer payment network via an application programming interface.
  • Mastercard Inc. introduced Mastercard Consumer Control, a feature that gives cardholders a central view of all digital properties where they’ve stored their card credentials and lets them control when, how, and where their cards can be used.
  • In related news, Mastercard launched an augmented-reality solution that lets cardholders view and then pay for items using Masterpass, the company’s digital wallet. The experience includes authentication via iris-recognition software.
  • Marqeta, a startup providing a card-issuing and processing platform, introduced a digital-wallet software development kit and a virtual card wizard. The SDK enables provisioning of tokenized payment cards into Apple Wallet and Android Pay for Visa and Mastercard. The wizard allows creation of virtual cards through Marqeta’s administration panel.
  • Redrock Biometrics, a startup technology firm, announced its PalmID solution is market-ready. PalmID is the first commercially available biometric-authentication product based on the palm, the company says.
  • Tablesafe Inc.’s RAIL pay-at-the-table platform for restaurants has won EMV certification, the company announced. Tablesafe said that makes RAIL the first EMV-certified and PCI-compliant pay-at-the-table solution.
  • Payments provider BlueSnap Inc. announced its All-in-one Payment Platform that consolidates payment processing into a single integration.

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