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Newswire Summaries

In Memoriam | Jason Kuhn

Thursday, May 28, 2020 — 15:32:31 (EDT)

Jason Kuhn was a truly special renaissance man in America's close knit independent ATM community. He was an ATM industry veteran who saw the opportunity and entered the retail ATM business when competition was first allowed back in 1996, going on to build and sell a very nice ATM route, only to then become a senior executive with the nation's second largest ATM ISO, Payment Alliance International, and finally rounding things out in a key senior executive role that helped secure Hyosung's positio...

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Legendary Investor Tim Draper’s Venture Studio Backs CasperLabs

Thursday, May 28, 2020 — 13:49:41 (EDT)

Los Angeles, CA - Billionaire investor Tim Draper’s Los Angeles-based venture studio, Draper Goren Holm, announces today their equity investment into CasperLabs. CasperLabs is building an open-source blockchain platform powered by the Correct-by-Construction (CBC) Casper Proof-of-Stake consensus protocol. Built to scale opportunity for everyone in the blockchain ecosystem, CasperLabs is designed for real-world applications without sacrificing usability, decentralization, security or sc...

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Sysnet Global Solutions Strengthens Senior Leadership Team

Thursday, May 28, 2020 — 13:45:14 (EDT)

Dublin, Ireland - Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, recently announced several key appointments to its senior leadership team. Paul Prior has been appointed as Chief Product Officer, while Sandra Higgins has been appointed as Chief Marketing Officer and Lisa Grassick as Chief People Officer. With Sysnet since 2006, Paul Prior has operated in several roles across the company. He now holds full responsibility of product requirements, market ...

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Sony Innovation Fund Makes Investment in MagicCube's new category of Software Defined Trust (SDT)

Thursday, May 28, 2020 — 13:39:49 (EDT)

SANTA CLARA, Calif., May 28, 2020 /PRNewswire/ -- MagicCube, the creator of the world's only Software Trusted Execution Environment platform, today announced that Sony Innovation Fund (SIF), Sony's corporate venture fund, has made a strategic investment in MagicCube. Late last year, MagicCube was awarded the first certification of a software-based Trusted Execution Environment issued by EMVCo, the consortium owned by American Express, Discover, JCB, Mastercard, UnionPay, and Visa Inc. "Many b...

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Fattmerchant and Finix Launch Flex to Streamline Software Companies’ Path to Payment Facilitation

Thursday, May 28, 2020 — 09:15:06 (EDT)

ORLANDO, Fla. – May 28, 2020– Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces its partnership with Finix, a payments infrastructure platform, to power Finix Flex. The new offering allows SaaS platforms, independent software vendors (ISVs), and value-added resellers (VARs) to start processing payments immediately within their platforms and future-proof their payments strategy. Previously, softwar...

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Fowler Laundry Solutions to Offer Touchless PayRange Mobile Payments in NY, NJ, PA

Thursday, May 28, 2020 — 08:31:07 (EDT)

PORTLAND, OR (May 28, 2020) – PayRange, the leading network for everyday purchases, has been selected by Fowler Laundry Solutions to upgrade its machines with touchless payment via the PayRange App. As the nation’s largest distributor and operator of LG Commercial Laundry machines in the New York area, and the nation’s largest distributor of Girbau Commercial Laundry Equipment, Fowler is the premier laundry solutions provider to thousands of multi-family housing properties in the Northeast...

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PPRO publishes its 2020 Payment Almanac – the most complete source of payments insights in the market

Wednesday, May 27, 2020 — 14:03:25 (EDT)

Today, PPRO, the leading local payments platform-as-a-service, launches its 2020 Payment Almanac in partnership with Edgar, Dunn & Company. The product of thousands of hours of research, analysis, and insights from PPRO’s payments experts, the third edition of the almanac contains detailed information for more than 450 local payment methods and the latest e-commerce data from 60 countries around the world. In addition to updated figures, this edition reveals new data, including granular e-comm...

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Wednesday, May 27, 2020 — 12:28:19 (EDT)

LOS ANGELES, CA, MAY 27, 2020—Yesterday, TruConnect was recognized by KTLA News Los Angeles for its efforts to deliver free internet services to disconnected residents, helping to "bridge the digital divide" during the COVID-19 pandemic. TruConnect provides free mobile broadband to more than 250,000 Californians through the state's LifeLine program. During the coronavirus crisis, the company has partnered with anti-poverty organizations including the Western Center on Law and Poverty and ...

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A Quarter of U.S. Businesses Saw a Decline of Over 50% in April Debit/Credit Card Volume Compared to February, TSG Data Finds

Wednesday, May 27, 2020 — 12:18:37 (EDT)

The COVID-19 pandemic continues to alter the landscape for businesses and cardholders across the country, as well as the payment providers that serve them, according to data released today by the largest global analytics and consulting firm focused on the payments acceptance industry, The Strawhecker Group (TSG). Leveraging TSG’s proprietary Acquiring Industry Metrics (AIM) analytics platform, the firm plotted over one million credit and debit card-accepting merchants in the U.S. and c...

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Crypto.com Expands Its Crypto Card to 31 Countries in Europe Using i2c Global Processing Platform

Wednesday, May 27, 2020 — 11:41:58 (EDT)

REDWOOD CITY, Calif.--(BUSINESS WIRE)--i2c Inc., a leading provider of digital payment and open banking technology announced its partnership with Crypto.com as its crypto card product has begun shipping in 31 countries across Europe. This expansion follows successful and agile integrations between the two companies over the past three years in Singapore, the U.S. and most, recently, the United Kingdom, making Crypto.com’s card program the most widely available globally. Consumers now have acce...

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