BankTech

Announcing the Winners of Charlotte Payments Hackathon 2014

Open Innovation is the most powerful business model of the century and it has the potential to create and foster the next new hubs of economic activity. The money Event Charlotte Challenge, concluded yesterday, was focused on creation and growth of vibrant ecosystems for Open Innovation in Commerce by bringing...

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BankTech

Oink and Optimal Payments Collaborate to Enable Seamless, Secure Payments for Teens and Kids

Yesterday (10th July, 2014), leading global online payment solutions provider - Optimal Payments – announced its partnership with Oink, the award winning payment system focused on teens and families. They will collaborate to offer merchants that utilize the Netbanx payment gateway, an additional payment method for teens and their families,...

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Enabling Technologies

Restaurant Bill Payment Startup Cover Acquired $5.5 Mn via Spark Capital

According to estimates from research analyst firm Double Diamond Group, the market for hospitality mobile payments is 650,000 locations worldwide. The de facto restaurant-payment experience is the worst payment experience according to Todd Ablowitz, president of Double Diamond Group. He also says that “There’s nothing worse than … having the...

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