Archive for the ‘Arizona Financial Companies’ Category

Expands Security Certifications for New T4200 Platform

PHOENIX–(BUSINESS WIRE)–Hypercom Corporation (NYSE: HYC) announced today that the three smart card-based 32-bit multi-application electronic payment terminals in its new Optimum T4200 series have received Interac Association Chip PED Device Certification for use within the Interac Direct Payment (IDP) network. The new certification from Canada’s leading electronic payment exchange Read the rest of this entry »

Business Community Gains Online Access to WorldatWork Executive Rewards Questionary

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–As CEO pay continues unabated as the most scrutinized area of executive compensation, WorldatWork has created a new tool that poses 225 questions boards of directors will need to address before they approve compensation plans. The WorldatWork Executive Rewards Questionary clearly identifies every essential factor for rewarding executives and directors. Read the rest of this entry »

ASU officials announced April 20 that Finao Capital will set up operations this fall at SkySong – ASU’s Scottsdale Innovation Center.

Finao Capital is a venture capital firm that focuses on early stage technology companies. The firm concentrates on first-round financing and assisting companies that are considered to have “hypergrowth” potential. SkySong is an integral part of Finao’s business plan to bring early stage ventures and venture capital to Arizona. Read the rest of this entry »

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–While many of the quantitative strategies and models employed by money managers appear to have faltered in this summer’s market correction, Gradient Analytic’s Comprehensive Model has performed very well in 2007. Gradient’s Comprehensive Model, which dynamically adjusts the weights on all of the models in the Gradient Factor Suite, effectively balanced itself ahead of the market’s recent down-turn.

In a portfolio simulation the equally-weighted long-short portfolio of all large cap firms with the highest and lowest rated Comprehensive Read the rest of this entry »

TEMPE, Ariz.–(BUSINESS WIRE)–TSYS Acquiring SolutionsSM today announced that it has appointed Roger A. Barrios as chief information officer.

Barrios will be responsible for all TSYS Acquiring Solutions information technology functions and will report to Robert J. Philbin, president of TSYS Acquiring Solutions.

“Operational excellence surrounding systems security, reliability and compliance are a strategic priority for TSYS Acquiring Solutions,” Read the rest of this entry »

PHOENIX, AZ–(Marketwire – August 28, 2007) – EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced it has engaged Sphaera-interpar to manage corporate awareness in Brazil.

Norm Klein, CFO and COO of EastBridge, stated, “Since we are bringing international stocks public in the United States, we feel that international investors will be interested in our progress. We see Brazil as an opportunity to diversify our shareholder base by attracting Read the rest of this entry »

Leading Bank Extends Electronic Payments to Retailers Throughout Ukraine

PHOENIX & WOKING, UK–(BUSINESS WIRE)–Hypercom Corporation (NYSE: HYC) today announced that PrivatBank, one of the leading banks in Ukraine, has purchased 11,000 Optimum T2100 and M2100 GSM/GPRS card payment terminals. This latest purchase follows the more than 4,000 units order of the same terminals delivered early in 2007, and increases to 15,000 the total number of GSM/GPRS Hypercom Optimum terminals purchased by PrivatBank as it extends electronic payments to retailers throughout the Ukraine. Hypercom was selected over all other global payment suppliers in a competitive process. Read the rest of this entry »

East Hampton, Mass. dealership financed with $4.9 million

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Ed Lemco, long-time icon in the motorcycle industry, and his business partner Aaron Patrick have acquired an East Hampton, Mass., Harley-Davidson dealership with $4.9 million in financing from GE Capital Solutions, Franchise Finance.

“This deal allows us to take advantage of the next frontier in Harley-Davidson motorcycle sales,” says Lemco. “The funding from GE Capital Solutions, Franchise Finance is helping us achieve our goal on the retail side of this business. It’s advantageous to have a relationship with a Read the rest of this entry »

Growth and Successful 19-Year Partnership Lead to Extension
SCOTTSDALE, AZ — (MARKET WIRE) –EFD, eFunds Corporation (NYSE: EFD), the company that delivers innovative enterprise payments and data & decisioning solutions, today announced that CO-OP Financial Services, the No. 1 credit union EFT network and processor in the U.S. financial services industry, has extended its long-term relationship with EFD. The agreement calls for EFD to continue to provide third-party EFT processing services including ATM network access, ATM processing, debit/card services and shared branching services to CO-OP Financial Services member credit unions across the country. Read the rest of this entry »

PHOENIX–(BUSINESS WIRE)–QuoteMedia, Inc. (OTCBB: QMCI), a leading provider of market data and financial applications, announced financial results for the fiscal year ended December 31, 2006. These results reflect a 52% increase in year-over-year revenue, from $2,466,151 in 2005 to $3,742,534 in 2006. Net cash flow from operations for the year ended December 31, 2006 was $840,285, compared to net cash flow from operations of $442,032 for the same fiscal period in 2005. At December 31, 2006 the company’s cash balance was $886,251, an increase of $216,173 from the balance at December 31, 2005. Read the rest of this entry »