Ohio-based electronic payments processor Vantiv announced that former PayPal and Visa executive Daniela Mielke will join the company as its new chief strategy officer (CSO), a press released revealed on September 17. Mielke most recently served as vice president of global strategy at PayPal, and...
Discover subsidiary Diners Club International announced a new relationship with Atos-owned electronic payment service Worldline on September 13, a press release revealed. Gerry Wagner, Discover’s vice president of global acceptance, said the move will allow Discover to expand its services further into Europe. “Increasing Discover’s...
Visa And Monitise are further strengthening their partnership via a new three-year commercial agreement spanning the development and deployment of Mobile Money payments and mobile commerce solutions for Europe’s leading financial institutions. Heads of terms have been signed for the agreement, which covers licence rights...
Welcome to PYMNTS.com’s Midyear Review: a look into what the leaders of the payments industry have seen and accomplished this calendar year, and how they see trends playing out for the rest of 2013. We ask a top executive from each payments player the same...
UK-based Monitise announced it’s acquired mobile innovation agency Grapple to help bring more brands to the mobile commerce sector, reported Mobile Entertainment. The collaboration will focus on improving services and the user experience, and aims to provide advanced mobile payment solutions. Lee Cameron, group chief...
U.K.-based mobile banking and payment services provider Monitise saw its stock drop 10 percent on Thursday due to widening pre-tax losses, Finextra reported on September 5. The media outlet noted that losses stemmed from Monitise’s technology investments and notable recent acquisitions. Still, revenues climbed to...
Monitise, an online payments provider, has announced a new deal with IBM, a multinational technology and consulting company, to help Visa Europe promote a mobile revolution, reported Banking Technology. Visa estimated that more than half of its payment transactions will be completed through a mobile...
There are plenty of ways merchants can justify taking a wait-and-see omnicommerce strategy. They can cite the high cost of investment, the lack of demand from customers or concerns consumers have expressed regarding mobile payments. But, merchants who ignore mobile are neglecting something more important:...
Arizona-based web domain and eCommerce solution provider GoDaddy has acquired San Francisco-based local business discovery engine Locu, All Things D reported on August 19. Two dozen Locu employees will join GoDaddy as part of the deal. The move bolsters GoDaddy’s eCommerce services by giving it...
