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Align Commerce

Welcome to the News View for "Align Commerce".

Here, on these archive pages, you'll find all of the articles on Payments News for Align Commerce listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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May 25, 2016

Headline News from PaymentsNews.com - May 25, 2016

ON THE WEB

  • Blockchain Technology: Possibilities for the U.S. Postal Service - US Postal Service Inspector General - "This paper takes an exploratory look at the technology and suggests that it may be wise for the Postal Service to explore and possibly experiment with blockchain technology in order to gain a better understanding of its potential impacts. The Postal Service could begin experimenting with financial applications and then naturally expand into other applications enabled by the technology."
  • India’s Central Bank Says a Third of ATMs It Surveyed Don’t Work - Wall St. Journal - "When the Reserve Bank of India recently surveyed 4,000-odd ATM machines across the country, they found that a third weren’t working, the central bank’s Deputy Governor S.S. Mundra said this week."
  • Money transfer company TransferWise raises further $26M at $1.1B valuation - TechCrunch - "Described as ‘top-up funding’, the $26 million round was led by investment management firm Baillie Gifford, with participation from existing investors."

ON THE WIRES

  • Tipalti Releases First-Ever Platform to Automate the Entire Accounts Payable Workflow - "For businesses looking to scale for growth without incurring additional AP staff, automating supplier payment operations are critical. Not only do finance organizations need to contend with automated invoice workflow and complex remittance processes, they need to employ best practice financial and compliance controls to reduce risk," said Chen Amit, CEO and Co-founder of Tipalti.
  • Align Obtains Insurance Covering Multi-Rail, Blockchain Payments - “Our new transaction protections further strengthen Align’s promise to provide the best possible experience for our clients, built on a foundation of trust and security,” said Align Commerce CEO and Co-founder Marwan Forzley. “Align’s policies extend to all means by which Align elects to fulfill customer transactions, including the blockchain, which we believe is an industry first.”
  • Dashlane Raises $22.5 Million in Series C Funding; Announces Strategic Partnership with TransUnion - "The company can also announce that Carl Pascarella, former CEO of Visa Inc. (NYSE: V), has joined its board as an independent director. "Dashlane's ability to facilitate payments and help reduce fraud is uniquely relevant for financial institutions," said Pascarella. "I am excited to have an opportunity to lend my experience to help the team at Dashlane accomplish their vision for secure information and online payments.""
  • New Spanish Payment Platform Bitnovo Allows Customers to Access Funds Directly From Their Bitcoin Wallet Using Debit Card - "Bitnovo´s prepaid debit cards are already available in euro denomination; these prepaid debit cards can be instantly charged with a simple Bitcoin transaction. The funds will be available for use as soon as the transaction is validated by the blockchain."
  • Balance Credit Launches Convenient Cash Payment System - “We are pleased with this expansion of our servicing options with MoneyGram and PayNearMe. Balance Credit customers can now make payments 24/7 right in their neighborhoods at locations which are convenient to where they shop, live or work," stated Gena Evertson, COO of Balance Credit.
  • FreshBooks Releases Credit Card Reader for Small Business Android Users - "This release follows the launch of the FreshBooks Card Reader for iOS earlier this year. In February, FreshBooks noted that more than 68% of the Card Reader's earliest users were already using EMV chip technology and similar high adoption rates are expected for Android users."

PAYMENTS IN PORTLAND

  • Join us for the next Payments in Portland (Oregon) event being held on Tuesday, June 7th. Details here!

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are coming this fall - in Palo Alto, CA and New York City - we hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

November 17, 2015

Headline News from PaymentsNews.com - November 17, 2015

On the Web

On the Wires

  • Western Union Offers New Global Money Transfer Service on WeChat - “Given the proliferation of social media around the world, we are expanding our activities in this exciting area. It only makes sense to include the WeChat platform as part of the company’s innovative digital money transfer capabilities. By teaming with WeChat and deploying the WU Connect platform to its U.S. users, Western Union is offering yet another new method for consumers to move money worldwide."
  • Global Payments Announces Support for Apple Pay in Canada - “Following successful enablement in the U.S. and the UK, Global Payments is pleased to be one of the first providers in Canada to offer merchants the exciting opportunity to accept Apple Pay,” said Frank T. Young, SVP, Global Product and Innovation.
  • Chase teams up with 18 technology partners to help merchants accept Chase Pay - "These industry leaders will help merchants integrate Chase Pay into their overall payment acceptance strategy,” said Michael K. Passilla, CEO of Commerce Solutions, the global payment processor and merchant acquirer of JPMorgan Chase & Co. “Chase Pay solves a number of pain points for consumers and merchants to improve the customer experience and drive down the cost of payments.” - The technology partners announced include: 3Delta Systems, AJB Software, Aria Systems, Auric Systems, Authorize.Net, BridgePay, Bytemark, CardinalCommerce, FIS ClearCommerce, CyberSource, iBiz Software, LevelUp, Miva, P97, Recurly, USAePay, Vindicia and Xpress Bill Pay.
  • PayPal 2nd Annual Global Report Shows More Than 1/3 of Chinese Online Shoppers Now Buying Cross-Border - "Amidst a year of market-moving news coming out of China, no shortage of attention has been paid to its growing consumer class’ buying power as more enter the global online ecommerce market. This year’s findings support the growth trend: 35 percent of online shoppers claim to have shopped cross-border in 2015, vs. 26 percent in 2014."
  • Align Commerce Closes $12.5 Million Series A Round Led by Kleiner Perkins Caufield & Byers (KPCB) - "For far too long the cost and complications of existing payment systems have hindered startups and SMBs from fully capitalizing on global trade,” said Marwan Forzley, CEO of Align Commerce. “The Align Commerce platform cuts through time-consuming red tape and excessive fees that have unnecessarily burdened users. Existing systems have seen little innovation in the face of game-changing new technologies, and the entire experience is overdue for a radically different approach.”
  • First Data and NCR Sign Strategic Commercial Agreement - "First Data will be a preferred provider of cybersecurity and payment processing solutions to NCR’s customers in the grocery, petroleum and convenience store industries. NCR will be a preferred provider of ATM hardware and services to First Data’s client base of more than 4,000 financial institutions. The two industry leaders will also pursue co-development of integrated commerce technology solutions for U.S. merchant clients."
  • NFC Forum: U.S. Retailers May Not Be as Prepared for Retail Payments Migration as They Think - "The white paper describes ways for merchants to secure their businesses against fraud while accepting payment from customers in the way they prefer to pay. "
  • Synchrony Financial Announces Completion of Separation from GE - “This is an historic day for Synchrony Financial,” stated Margaret Keane, president and CEO of Synchrony Financial. “Today we launch the next stage in our company’s future – pursuing a long-term strategy focused on Synchrony’s business objectives as a stand-alone company. I am very proud of our employees, who have prepared us for this day, while continuing to serve our partners and customers and to grow our business.”

Glenbrook's 2015 Payments Education

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

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