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Francisco Partners to buy VeriFone for $3.4 Billion

VeriFone to be Acquired by Francisco Partners. Read more about it here.

Apple Pay’s Difficulties

PYMNTS.COM has been tracking usage of Apple Pay and has some troubling news for Apple. Read more about it here.

EMV readiness becomes a numbers game

The Green Sheet brings us an update on the impending deadline for EMV compliance: “The deadline by which most retailers must have EMV-compliant terminals in place and working is fast approaching.”

Read more about it here.

Ingenico’s increasing market share

According to Showdown at the POS: Ingenico versus VeriFone, Ingenico’s U.S. market share may only be a third of leader VeriFone’s, but it is rapidly growing and the competition is spurring both companies to innovation.

Read more about it here.

NBS Payment Solutions Acquires The Assets of Equinox Payments

Scottsdale, Arizona and Toronto, Canada, February 6, 2014 – NBS Payment Solutions Inc. (“NBSPS”) announced today that it has completed the acquisition of substantially all of the assets of Equinox Payments, LLC (“Equinox”). Equinox is a leading provider of payment terminals, applications and support services in the United States. NBSPS is a leading provider of payment terminals, applications and services to the Canadian market and is a wholly-owned subsidiary of Brookfield Asset Management Inc. Terms of the transaction were not disclosed.

Read the whole article here.

Chip Standards Body Fast-Tracks New Token Standard in wake of…

EMVCo., the international standards body for chip cards based on the EMV specification, is fast-tracking a specification for card-number tokenization in the wake of recently disclosed data breaches at major retailers, including the theft of card and other information on 110 million customers of Target Corp. Read More…

Visa Sticks to EMV Deadline

Visa Inc. chief executive Charles Scharf on Thursday quelled rumors that the payment network might change its October 2015 liability-shift deadline for Europay-MasterCard-Visa chip card transactions. Scharf also decried what he called “misinformation” and “confusion” about card security following December’s news of Target Corp.’s huge payment card data breach and subsequent disclosures of breaches at retailers Neiman Marcus Group and Michaels Stores Inc.
Read More…

The Shoemaker’s Son Always Goes Barefoot

Heiko Group, Inc. is pleased to launch its new website. A fresh design and improved navigation for information on our products and services offers updated information of our capabilities and an improved user experience. The website now captures the look and spirit of our brand and integrates our community values and commitments.

Our Company has grown and evolved so much in the last few years that we neglected our site which no longer showcased who we are today. The improved website reflects the progressive approach we take with our business.