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August 26, 2010

mFoundry Platform Crosses One Million User Mark

mfoundry_logo_140px.pngmFoundry today announced that based on its nearly banking 200 customers, the use of its mobile banking platform now exceeds the one-million user mark.
"While there are some reports indicating that mobile banking growth is slowing, our experience is the complete opposite," commented Sievers. "Over the past nine months, we've seen an average of 10 to 15 new customer signings per month across our direct and channel sales efforts. User adoption is also scaling rapidly with average sequential monthly growth of more than 10%, or nearly 300% annual growth."

STAR Network Unveils STAR CertiFlash

STAR_logo-140px.pngThe STAR Network recently announced STAR CertiFlash, a new PIN debit application that advances POS security using one-time card number technology. The STAR CertiFlash technology is programmed onto a contactless chip embedded within a payment device. For each transaction, the chip encrypts and transmits a card number that is good for only a single use.

Intuit and mophie Team Up for Mobile POS Acceptance

intuit_logo-140px.jpgIntuit and mophie have announced the availability of an iPhone-based card acceptance solution that combines Intuit’s GoPayment credit card processing app with the mophie marketplace iPhone credit card reader. This integrated solution is now available in Apple Retail Stores and soon on Apple.com.

Marketplace Checkout Services

ebay_logo_140px.pngeBay recently announced that next month they will be expanding their own eBay shopping cart to include support for more gateways, more shipping flexibility, and more sales tax functionality. At the same time, they are also banning third-party shopping carts from their marketplace effective in mid-2011. In related news, Etsy also announced an expanded checkout that better supports sales tax collection in the Etsy marketplace.

Headline News - August 26, 2010

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Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers seeking to hire payments professionals can post their job openings there as well.

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