Allied Wallet Receives 2013 United States Excellence Award

Allied Wallet payment gateway, has been selected for the 2013 United States Excellence Award by the US Trade & Commerce Research Institute (USTCRI). This is because Allied Wallet LTD has consistently demonstrated a high regard for upholding business ethics and company values. This recognition by USTCRI marks a significant achievement as Allied Wallet continues to emerge as a leader in its industry. By setting new benchmarks and forming new standards for security and functionality, Allied Wallet is able to provide a better solution for its merchant base.As part of the industry research and business surveys, various sources of information were gathered and analyzed to choose the selected companies in each category. This research is part of an exhaustive process that encapsulates a year long immersion in the business climate of the United States economy.

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Happy Belly Silver

Happy Belly Curbside Kitchen serves fresh, organic and local cuisine to Atlanta-area customers from its lime-green food trucks. They have implemented the NCR Silver mobile point-of-sale to help grow its “farm to street” business. The NCR solution is iPad based for small businesses. NCR Silver tablet POS runs in the cloud, uses consumer-friendly technology, and works on Apple devices running the latest iOS. 

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Cardtronics to Acquire Welch ATM $160mm

Cardtronics will acquire Welch ATM for $160 million. The combined company will support a global portfolio of 109,600 ATMs, including 92,500 conveniently located retail ATMs in the United States. The combination of Cardtronics and Welch ATM will bring together two top-performing retail ATM services providers, with complementary customer bases and sales capabilities. Cardtronics has demonstrated success placing ATMs with national chain retailers and forming ATM branding relationships with national and international financial institutions. Welch ATM has established its core strength around delivering ATM services to mid-market retailers and ATM branding to mid-tier banks and credit unions. The combined business will be positioned to accelerate revenue growth, achieve cost synergies, create additional value for its retailer and financial institution customers, and drive shareholder value. Welch ATM is a nationwide retail ATM and financial technology services provider, with more than 26,000 ATMs under its management.

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Raphaels Bank Launches Prepaid MasterCard

Raphaels Bank Card Services has secured a significant contract with The Post Office to issue a new prepaid MasterCard – the Post Office Money Card. An alternative to the traditional bank account associated debit and credit cards, the Post Office Money Card has been designed to help consumers budget effectively as only the amount loaded to the card by the customer can be spent. The card is designed for usage within UK to pay for goods and services both online or on the high street and to withdraw cash from ATMs, wherever the MasterCard logo is displayed. Raphaels Bank will issue the Post Office Money Card Pay As You Go and Pay Monthly which can be topped up in over 11,500 branches,

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Sequent Software Appoints MD, Emea

Sequent Software appointed Andrew Doyle Managing Director for EMEA.Here he will be responsible for directing and accelerating the growth and presence of Sequent’s expanding business in Europe, the Middle East and Africa. He will be based in London. Doyle has delivered consistent, significant organizational growth as well as driven sales in new markets. He comes to Sequent most recently from Oberthur Technologies, a French secure technology company that provides digital security solutions for the mobility space. As Head of Sales Solutions for Europe, Russia and CIS, Doyle was responsible for Oberthur’s strong new business growth in those markets as well as the management of internal channels through other divisions of the company.

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ACI Gears Up to Acquire ReD

ACI Worldwide will acquire ReD for an all-cash purchase price of $205 million and expects the transaction to close in the middle of the third quarter, 2014. ReD is a leading ecommerce and fraud prevention company serving the payments industry. The company’s suite of solutions – ReD Shield®, ReD Fraud Xchange, ReD PRISM®, ReD Alerts, ReDi, ReD1 Gateway and LiveProcessor – helps customers drive up revenues while reducing fraud losses and increasing the efficiency of their fraud management teams. ReD serves retailers, issuers, acquirers, processors and switch networks globally. ReD has a compelling SaaS and transaction-based financial model, with over 80 percent recurring revenue.

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