PocketKey

Pocket Systems has unveiled PocketKey, a new system designed to permanently end the problem of e-commerce credit card theft for consumers, merchants and banks. 85% of Americans in wealthier households now consider card theft from a merchant as their biggest crime risk and 27% of Americans have experienced the anxiety and hassle of card theft in the past year. By 2018, losses to banks and merchants from credit card fraud are projected to reach $19 billion.

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CashStar Funding

CashStar, the industry-leading provider of prepaid commerce solutions has closed o $15 million in growth capital. FTV Capital led the Series D round, joined by new investor Mosaik Partners and existing investors Passport Capital, Intel Capital, North Hill Ventures and others. This financing brings the total capital raised by CashStar to $50 million and will enable the company to continue investing in product innovation, sales and client success.

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