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IndustryUpdate

Rambus launches alternative Super G is the 'go to' provider of stretch piece or airball financing for asset
payments platform based lenders and commercial banks. … We modified our name to reflect
to our positioning and goal to be the market leader in second lien cash flow
Rambus Inc. unveiled a compre- debt."
hensive mobile payment platform
designed to enhance payment secu- VISA QR service expands
rity, reduce operational costs and
increase revenue for retailers. The Visa Inc. indicated mVisa, its quick response code (QR)-based payment
Rambus Unified Payment Platform service, already live in India, Kenya and Rwanda, will soon be available to
securely converts and manages digi- merchants and consumers in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria,
tal value to enable consumers to pay Pakistan and Vietnam. mVisa allows consumers to use mobile phones to
with credit, points and coupons in make cashless purchases at merchant outlets, pay bills remotely and send
a single transaction, Rambus said.
Its primary components include a
digital value manager, retail wallet
engine, white-label retail app, and
optional modules to support credit,
debit and gift cards, loyalty points
and coupons.

SI unveils EMV for government
System Innovators reported that
it released iNovah EMV Direct, a
processor-agnostic and secure EMV
(Europay, Mastercard and Visa) card
payment solution for governments.
The flexible, scalable solution com-
bines SI's POS centralized cashiering
and enterprise revenue management
solutions. EMV Direct is integrated
with iNovah, which allows payment
amounts to be automatically sent to
the credit card terminal and securely
encrypts customer data to mitigate
risk of card-present fraud, the com-
pany noted.
Super G rebrands

Super G Funding LLC reported it
changed its name to Super G Capital
LLC to "reflect increased lending size,
expanded deal team and push into the
lower middle market." The company
added that it has transformed into
the leading provider of second lien
debt (known as airball financing) to
the lower middle market and focuses
on sub $5 million subordinated loans
that are too small for business devel-
opment companies and small busi-
ness investment companies.

"Our Cash Flow Lending division
today has an average deal size in
excess of $1.5 million with the major-
ity of loans being subordinated debt,"
says Darrin Ginsberg, the company's
Chief Executive Officer. "Increasingly

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