Payment News

Cardlytics Gets $18 Million in Growth Capital Lead by Kinetic Ventures and ITC Holdings

08.16.2010 · Posted in Other Payment News

Cardlytics, a marketing company that provides consumer transaction behavior trends data to banks and merchants, today announced that it has raised $18 million in growth funding to support the expansion of the company. Kinetic Ventures and ITC Holdings were the top investors along with others companies who had invested in Cardlytics in the past such ...

Banks and Processors Looking to Create More Secure PIN-Based Mobile NFC Payments

08.15.2010 · Posted in Mobile Payment News

According to a recent article from NFC Times, banks, processors, and other financial institutions are looking to make Near Field Communication mobile payments more secured as this form of payments become more popular. Many in the business are not completely convinced that it is a smart move to enable consumers to key in their PIN ...

eBay Launches First-Ever Rewards Program with eBay Bucks

08.13.2010 · Posted in Gift and Loyalty Card Programs

eBay, based out of San Jose, California, and the largest online marketplace in the world with millions of users using the eBay mobile app to conduct mobile commerce, announced today that the company has launched its first-ever rewards program called eBay Bucks. The service is currently only for shoppers located in the United States. If ...

WePay Raises $7.5 million in Series B Funding Led by Highland Capital Partners

08.13.2010 · Posted in Payment Processing

WePay, a company based out of Palo Alto, California, backed by Y Combinator and offers a payment platform that makes it easy for users to manage and collect money in a group setting, announced it has raided $7.5 million in Series B funding form several sources but the top contributor was Highland Capital Partners and ...

Green Dot Second Quarter 2010 Financial Report Results

08.12.2010 · Posted in Other Payment News

Download complete report Green Dot Corporation, a company based out of Monrovia, California and a leading provider of prepaid financial products, put out its 2010 second quarter financial results today ended June 30. The company experienced 48 percent growth revenue at $92.8 million in Non-GAAP and 20 percent growth in Non-GAAP Net Income at more ...

Bottomline Technologies 2010 Fourth Quarter Financial Results Report

08.12.2010 · Posted in Other Payment News

Download complete report Bottomline Technologies, a Portsmouth, New Hampshire based company and one of the leading provider of invoice management, document automation, and collaborative payment solutions for businesses, today put out a press release reporting the company’s Fourth Quarter financial report ended June 30, 2010. The company experienced a 19 percent revenue growth during the ...

Newly Proposed Rules by U.S. Treasury Department to Add Millions of Users to Prepaid Card Program

08.12.2010 · Posted in Gift and Loyalty Card Programs

According to a new article from Digital Transaction, the United States Treasury Department is looking to propose new rules that could potentially add million of users to a new government sponsored prepaid card program. The newly proposed rule to utilized prepaid debit cards is the government’s effort to cut cost associated with mailing out paper ...

Auriemma Consulting Group Cardbeat Survey: Paypal More Secure for Online Shopping than Credit Cards

08.12.2010 · Posted in Payment Processing

Just a few years ago many people saw PayPal as just an online payment channel that eBay users utilized to pay for merchandise at the auction site but that notion has changed dramatically according to a Cardbeat survey by Auriemma Consulting Group, a service management and consulting firm specializing in providing their services to the ...

M-Com Offers Mobile SaaS version of BankAnywhere ASP Edition as First Plug-and-Play Mobile SaaS Payment

08.11.2010 · Posted in Mobile Payment News

M-Com, a leading provider of global mobile banking technology applications and software announced that it will offer a Software as a Service (SaaS) version of the mobile payment and banking solution BankAnywhere in ASP version. BankAnywhere ASP Edition is a full version of ASP that is perhaps one of the best mobile SaaS applications in ...