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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Payments

Vivopay launches all in one terminal including contactless NFC and EMV acceptance

On 7th July 2014, ID Tech, a leading manufacturer of automated-data-entry, mobile-payment, point-of-sale, and secure payment devices, announced the release of its contactless NFC, contact EMV and MagStripe all-in-one payment terminal, the ViVOpay Vend III. “The Vend III combines our three core strengths of magnetic stripe, smart card, and contactless...

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Commerce

Innovation in In-store marketing reaches new heights

Imagine a scenario in which you enter a store, browse the aisles and tap on a particular product to get information or a video or even receive a coupon without having to look around for someone to instruct you. Mobility is paving the way for incredible shopping experiences. RFID technologies...

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