for 4 billion Indian rupees (US$80 million). It also partnered with Bank of America in 2009 to form Bank of America Merchant Services. First Data and KKR vetted more than 60 startups before, in October 2013, announcing it had acquired POS startup Clover, cardless mobile loyalty startup Perka, and Gyft in 2014. In March 2010, Joe Forehand took over as chairman and interim CEO. In September that same year, Jonathan Judge assumed those roles until his early retirement in January 2013, after which Edward Labry covered the interim post. Under Frank Bisignano In April 2013, First Data's Board of Directors announced that former JPMorgan Chase Co-COO Frank Bisignano had been named Chief Executive Officer of the company. In March 2014, Bisignano assumed the role of Chairman. Upon taking office, Bisignano launched an equity ownership plan for all 24,000 of First Data owner-associates. In 2014, Bisignano promoted notable additions to the company's staff, such as Sanjiv Das, Himanshu Patel, Guy Chiarello, Cindy Armine-Klein, Andrew Gelb, Adam Rosman, Carmen Menendez-Puerto, Joseph Plumeri, Christopher Augustin and Michael Manos. In early 2014, First Data's STAR ATM Network adopted the Visa and MasterCard common application IDs for EMV-compliant debit transactions. Since joining, Bisignano has tried to "transform First Data into a provider of new technology for small- and medium-sized businesses". In June 2014, First Data introduced the Insightics solution for small and medium size businesses. Insightics is a cloud-based software that enables small and medium size businesses to monitor key business metrics. First Data created Insightics with Palantir. In August 2014, First Data expanded its presence in Brazil with Bin, the company's acquiring solution developed specifically for the local market. In September 2014, First Data announced it would provide encryption technology for Apple Pay. Apple Pay allows payment with a single touch. With its integration into First Data's STAR Network, the company became a token service provider, supporting safe POS transactions in Apple Pay. Such transactions are used in venues such as all McDonald's restaurants in the US. In October 2014, First Data announced the Enhanced TransArmor Solution for small businesses. First Data's TransArmor Solution protects payment card data throughout the transaction process, incorporating several security and compliance products into one multi-layered solution. In late 2014, First Data announced its collaboration with Capgemini to develop new solutions based on First Data's AccessPLUS and VisionPLUS products, planning to offer new technologies in the second quarter of