Financial institutions adopt V.me by Visa
Foster City, Calif. — Visa Inc. announced Tuesday it has expanded the reach of V.me by Visa, landing more than 50 additional financial institution partners. V.me, Visa’s new digital wallet service, eliminates the need for repeatedly entering account number, bill-to and ship-to information at checkout, simplifying the process. Account holders will be able to make payments online using V.me and check out simply by entering a username and password.
These relationships bring the addressable base of cardholders to as many as 55 million, allowing account holders to easily enroll Visa and other U.S.-issued payment cards through V.me and begin shopping online from a PC, tablet or mobile phone.
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IBM Retail User Group changes name
Strongsville, Ohio — The International Retail User Group, formerly the IBM Retail User Group, said Tuesday that the organization’s name has been officially changed to the “International Retail User Group.”
On Aug. 1, IBM announced the initial closing of the acquisition of IBM’s Retail Store Solutions business and the formation of Toshiba Global Commerce Solutions Holding Co. and Toshiba Global Commerce Solutions. With the newly formed subsidiaries, Toshiba Tec has become the world’s leading integrated in-store solutions company, offering products and solutions that provide new value to customers.
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Pepsico taps Washington insider for public policy job
Alan Hoffman, former deputy chief of staff to Vice President Joe Biden, is the new SVP of global public policy and government affairs at PepsiCo.
In his role on Biden’s staff, Hoffman was responsible for the long-term planning and day-to-day operations of the vice president’s office. In that role, he provided policy, political, communications, legislative, and legal advice to the vice president, cabinet members and administration staff. Those skills and connections should come in handy during the next four years as the global CPG giant PepsiCo navigates the political complexity and regulatory maze that is Washington D.C.
"Alan is a proven leader who brings tremendous experience and expertise to PepsiCo," said Larry Thompson, EVP of government affairs, general counsel and corporate secretary at PepsiCo. "Alan is well-versed in a wide range of public policy issues and widely respected across all levels of government, and we look forward to benefiting from his leadership."
Prior to his most recent position, Hoffman served as chief of staff when Biden was a senator from 1998 to 2003 and again from 2006 to 2008. He was also senior presidential campaign advisor and chief operating officer to Biden during the transition following the 2008 presidential election.
Hoffman previously served as SVP for external relations for the University of California, directing strategy, communications, marketing, advocacy, government relations, fundraising and community relations for the 10 campuses, five medical centers and three national labs that comprise the UC system. He also spent time as a partner at Timmons & Company, a Washington, D.C. government relations and consulting firm, and as vice president for external relations at the RAND Corporation.
Earlier in his career, Hoffman served in the Clinton White House working on health policy issues. In addition, he worked in the Department of Health and Human Services as special assistant to the assistant secretary for legislative affairs and in the Department of Justice as special counsel to the assistant attorney general for legislative affairs. He also served as an Assistant U.S. Attorney in Philadelphia, where he prosecuted federal crimes for the Justice Department.
Hoffman replaces Dan Bryant, who was recently named chair of the public policy and government affairs practice at Covington & Burling.
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