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The Hawaii State Federal Credit Union is now allowing its cardholders to make mobile debit or credit card payments through Apple Pay.
Adding a credit or debit card to Apple Pay does not store actual card numbers on the device or on Apple’s servers. Instead, a unique device account number is assigned, encrypted and securely stored on the iPhone’s secure element. Each transaction is authorized with a one-time security code, instead of using the security code from the back of the credit card.
In participating stores, Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch, upon availability. Within apps, Apple Pay is compatible with iPhone 6 and iPhone 6 Plus, iPad Pro, iPad Air 2 and iPad mini 3 and mini 4.
CAMDEN, N.J. >> Shares of Campbell Soup jumped to a 16-year high after the soup, snacks and pasta maker’s fiscal first-quarter adjusted profit topped analysts’ estimates and the company increased its full-year earnings forecast.
For the period ended Nov. 1, the Camden, N.J.-based company earned $194 million, or 62 cents a share. That is down from $248 million, or 78 cents a share, a year ago.
But its earnings adjusted for one-time costs came to 95 cents a share, beating Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share.
Revenue came in at $2.2 billion.
Campbell Soup Co. expects full-year adjusted earnings to rise by 4 to 7 percent to a range of $2.75 to $2.83 per share.
Besides soup, Campbell also sells Pepperidge Farm cookies, V8 juice and Prego pasta sauce. In June it expanded its fresh food products by buying Garden Fresh Gourmet, a maker of salsa, hummus and tortilla chips, for $231 million.
Campbell shares rose $1.54, or 3 percent, to close at $51.33 Tuesday. Earlier its shares rose to $52.48, the stock’s highest point since January 1999.
ON THE MOVE
The Kahala Hotel & Resort has appointed Scott Pauli as a hotel manager. He has more than 20 years of hospitality experience in the state, including serving as an area general manager at Park Shore Waikiki and a general manager and corporate director of housekeeping at Aston Hotels & Resorts.
Kaiser Permanente Hawaii has named Kimberly Zeltsar executive director of revenue-cycle management. She has 20 years of experience in health care administration, including as a manager of health and public services at Accenture LLC and as an associate director of health care revenue management at Navigant Consulting in Chicago.
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