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Robert Selander, MasterCard Inc. CEO, has sold 20,344 shares of the company worth a total of $3.12 million, according to a regulatory filing this week. Analysts say the move was part of a prearranged stock sale.
Oberthur Technologies is transferring its card-manufacturing operation in Los Angeles to an expanded facility in Exton, Penn., which will give the company a 20% increase in overall production capabilities.
TransCard LLC, a prepaid card processor based in Chattanooga, Tenn., has hired Brad Townsend as chief financial officer. Most recently, Townsend was chief financial officer at Advanced Interactive Systems Inc., a Seattle-based security-training company.
Cash Depot, an ATM service organization, has certified Precidia Technologies Inc.'s POSLynx220 payment router that connects dial-up ATMs to a secure Internet gateway for transaction processing.
Payment processor Heartland Payment Systems Inc. is using technology from Transmodus Corp. that enables check acceptance via a point-of-sale system.
