Isis Wallet mobile payment service changes its name to Softcard
Mobile payments startup Isis Wallet is changing its name to Softcard to avoid association with the Islamic militant group known as ISIS.
The company said in July that it would be rebranding for that reason, but didn’t have a new name to announce then.
“However coincidental, we have no desire to share a name with this group and our hearts go out to those affected by this violence,” said Isis CEO Michael Abbott, in a company announcement.
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