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Mitek CFO Decides to Stay and other Digital Transactions News briefs from 11/27/18

  • Mobile remote deposit capture software provider Mitek Systems Inc. reported that chief financial officer Jeffrey C. Davison, who in August said he would resign effective Nov. 30, has changed his mind and won’t quit. Mitek’s board of directors accepted the rescission. Long-time chief executive Jim DeBello recently left and has been replaced, and Mitek is resisting an unsolicited takeover bid from a software firm owned by hedge fund Elliott Management Corp.
  • Payments provider Shift4 Payments said it is working with bar-and-restaurant management expert Jon Taffer to provide clients with access to Taffer’s online training course.
  • Prepaid program manager InComm said it is enabling barcode payments for Welcia, a Japanese pharmacy chain. The system will accept the Chinese wallets Alipay and WeChat Pay as well as the Japanese brands Line Pay and d Payment, an NTT Docomo service.
  • Card-not-present payments specialist PCI Pal said it was recertified as compliant with the PCI Security Standards Council’s PCI DSS v3.2.1 specification.
  • Some cryptocurrency issuers are paying so-called social-media influencers for positive reviews of their virtual coins, Reuters reported.
  • Installment-payment provider Sezzle named Todd Frostad, a former Digital River executive, vice president of business development.

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