Gjura will join Chargebacks911’s innovative team leaders as they build upon the company’s North American efforts and expand opportunities in Europe. His efforts will focus primarily on assisting merchants in verticals with emerging risk, as well as expanding deeper, exclusive relationships with leading aggregators, third-party vendors, acquirers and financial institutions.

Gary Cardone, CEO of Chargebacks911 said, “I have admired Kristjan for years and couldn’t be more thrilled that he is joining us at such a pivotal time in the industry. He has broad and diverse connections and an impressive understanding of payments and fraud. But what really attracted us to Kristjan is his ethics and philosophy of doing business. Monica Eaton-Cardone and I built this business under one shared belief system— to be best-in-class, to exchange in abundance, and to ensure every commercial deal that is done is a measurable win-win for all parties involved.  Kristjan has built a track record in perfect alignment with these same principles.”

“The world we are living in is driving unparalleled transparency—and subsequent efficiencies. Without clear and measurable value propositions, many business models will fail in the next two to five years. While many businesses in payments have been designed around exploiting inefficiencies, our objective is to make payments more efficient; to help eradicate friction, leakage, and losses; and to design products, technology and services built to solve problems— not exploit them. Kristjan, in tandem with the other key team members, will help play a critical role in this process,” he continued.

Kristjan Gjura joins Chargebacks911 from Ethoca, bringing over a decade of financial sector experience from his time with B+S Card Service and Deutsche Card Services. He added, “It’s a thrill to join Chargebacks911. I’m looking forward to help in supporting the company’s global expansion and further its leadership role across the payments industry. Chargebacks911’s unrivaled and comprehensive chargeback technology—directed at the actual problem, not the symptoms— was simply too attractive and compelling to pass up.  It is very rare to see a company able to successfully scale and scope in the global payments industry without outside funding or investors. Their unique approach— including their understanding of the problems, technology, and intellectual capital— is unequalled. I’m honoured to be a part of it.”

Gjura will be instrumental in bringing Chargebacks911’s services to the European market and advancing the company’s award-winning, global chargeback management platform.

The post Chargebacks911 advances intellectual capital and industry expertise with new hire appeared first on International Finance.

July 5, 2016: Verifone announced that it will provide Aldi France with 3,200 payment devices designed to accept all cashless payments including contactless and mobile wallets. Aldi France operates 900 retail locations and is a unit of Group Aldi, a leader in the global retail grocery market.

With 87 percent of mobile phone purchases being smartphones in 2015, data shows more and more French consumers have mobile wallet and contactless technologies in their hands to speed up purchasing and experience shopping convenience.

Aldi is deploying the VX 520, Verifone’s robust and reliable countertop payment system that handles contactless and NFC-enabled card processing at lightning speeds with its powerful processor and expandable memory.  It also enables Aldi France to accept mobile wallet technologies such as Apple Pay, Google Pay and Android Pay, subject to market availability. Additionally Verifone will supply its P5C PINpads and check readers to equip Aldi’s checkout lanes with fast and efficient payment acceptance.

“Verifone is extremely pleased that Aldi has extended its relationship based on our past performance and our continued innovations in payments,” said Jean-Philippe Niedergang, VP and GM Southern Europe, Verifone. “This demonstrates Verifone’s growth and leadership in France’s retail sector, and our ability to deliver simple, safe solutions that help to create great consumer interactions so businesses can sell more and grow.”

In addition to this relationship in France, Verifone works with Aldi in several European countries including the U.K. and Germany.

With smartphone adoption continuing to grow among consumers in every part of the world, Verifone is enabling retailers large and small to accept all types of mobile wallets and contactless payment while opening the door to new possibilities for in-store interactions between merchants and connected consumers.

The post Aldi chooses Verifone for payment devices appeared first on International Finance.