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June 18, 2012

First Data Expands OfferWise Network

First data logo 140x60pxFirst Data announced the extension of the First Data OfferWise solution to all offer publishers and the first 500,000 of more than four million U.S. merchant locations.

“OfferWise is a technology infrastructure solution that is setting the redemption standard in the industry and one of the unique ways that First Data continues to innovate and deliver a truly universal commerce experience,” said Mark Herrington, executive vice president of Global Product Management and Innovation, First Data. “We’re gaining great momentum with OfferWise as publishers and merchants continue to realize how the platform not only eases offer redemption at the POS, but helps build loyal and profitable customer relationships through insightful data analytics built into the solution.”

Participating publishers and developers include Boutiika, Cardify, Choicepass, FanPlayr, Giftly, ifeelgoods, Key Ring, Local Bonus, Mirth, ParkMe, Place Points, Roximity, Savored, Scout Mob, Tello and Toodalu.

MasterCard Joins $31.4 Million Funding Round for iZettle

Izettle logo 60x60ps iZettle announced it has completed a $31.4 million Series B round of funding led by Greylock Partners and Northzone, with participation from MasterCard, SEB Private Equity, and Series A investors Index Ventures and Creandum.

“iZettle is the first and only company to develop an affordable chip-card reader and app for smartphone-based mobile commerce that meets all of the rigorous international security requirements,” said Laurel Bowden, Greylock’s partner in London who is joining iZettle’s board of directors. “They’ve proved they’re ready to step up their game in this very complex and competitive industry.”

ACI Worldwide Partners With Bell ID on ACI Token Manager for Mobile

Aci worldwide logo 140x60pxACI Worldwide announced that it has expanded its partnership with Bell ID, a leader in the field of smart card and token management solutions, to deliver issuance and management of mobile NFC payment tokens for devices equipped with contactless technology, using ACI Token Manager for Mobile.

"For the consumer, mobile NFC payments are seamless and rarely noticed," said Craig Saks, vice president, Global Product Business Operations, ACI Worldwide. "The infrastructure behind the scenes however is very complex. Due to the increasing importance of mobile payments there is no room for complacency. Mobile payment projects require flexible and dependable solutions that keep them on track. By partnering with Bell ID we are providing a proven, scalable and reliable solution which will help deliver the convenience of contactless and mobile payments with confidence."

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