Friday , September 20, 2019

News

September, 2019

  • 19 September

    Reliable, Recurring Revenue Fuels Investor Interest in Payments

    With the closing of three megamergers this year, one might think investment opportunities in payments and acquiring could shrink. But that would be an error. That was the assessment of investment professionals speaking Thursday at the Western States Acquirers Association annual conference in Rancho Mirage, Calif.  “It’s a massive industry. …

  • 19 September

    In This Mega Merger Landscape, Is Your ISO with a Processor or a Partner? What To Ask and Why It Matters

    By: John Newton, Vice President of Sales, Strategic Partner Channel, First American Mega mergers have created enormous financial technology companies with scope and reach that far exceed the needs of a traditional ISO channel. As a result, ISOs are now just one of many drivers of new merchant acquisition and …

  • 19 September

    The PCI Council Plans More Rule Flexibility As It Eyes a Major Revision of Its Flagship Standard

    Recognizing there is no one-one-size-fits-all approach to data security, the PCI Security Standards Council continues to evolve its requirements toward a goal of greater flexibility for payments providers. The new approach comes as the Council contemplates a new version of its core security standard. Gathering in Vancouver, B.C., this week …

  • 19 September

    Real-Time Payments Catch on and other Digital Transactions News briefs from 9/19/19

    A survey by processor Fidelity National Information Services Inc. (FIS) found that 54 countries now have active real-time payment programs, up from 40 in 2018 and nearly four times as many as 2014.Cross River Bank, which specializes in services for technology companies, has applied to link to The Clearing House Payments Co.’s Real Time …

  • 18 September

    COMMENTARY: How Your Partners May Be Hindering Your GDPR Compliance

    The General Data Protection Regulation (GDPR) became enforceable on May 28, 2018, in the European Union (EU). Now, almost a year and a half later, things seem to be getting a bit more real as companies like British Airways and Marriott International are being hit with substantial fines and the Information …

  • 18 September

    Transcend: North American Bancard’s Premiere Payment Conference

    We’ve all been to sales conferences before. Good ones, and not so good ones.  When North American Bancard first started talking about hosting a Sales Partner conference, there were a number of elements that went into the planning and positioning the conference. NAB wanted to not just have another sales …

  • 18 September

    Amazon Brings Its PayCode Service to The U.S. To Facilitate Cash Payments

    Leading online retailer Amazon.com Inc. is bringing its Amazon PayCode service to the United States in a deal with The Western Union Co. that gives consumers the option to pay for Amazon purchases in cash. Seattle-based Amazon announced Wednesday that PayCode, which is already live in 19 countries, will be …

  • 18 September

    Global Payments Completes TSYS Merger and other Digital Transactions News briefs from 9/18/19

    Global Payments Inc. completed its $21.5 billion all-stock merger with payment processor Total System Services Inc. (TSYS). The deal cleared its last major hurdle when European Union antitrust regulators said they had no competition concerns, Reuters reported Tuesday. The merged company serves 3.5 million merchant locations and 1,300 financial institutions in more than 100 …

  • 18 September

    PayPal Reduces Its Promotional Financing Threshold To Boost Its Credit Service

    The warmth of late summer still bathes much of the country, but PayPal Holdings Inc. already has its eyes on the upcoming holiday spending season. The online commerce leader today unveiled a zero-interest financing promotion for its PayPal Credit service with a lowered purchase threshold. In addition to charging no …

  • 17 September

    UPDATED: Shopify Targets Merchants in The Fast-Growing CBD Sector

    CBD is all the rage these days as a newly available medicine that can alleviate everything from pain to insomnia, and now e-commerce platform provider Shopify Inc. is pitching its payment and other support services to U.S. CBD merchants. Ottawa, Ontario-based Shopify, which serves 800,000 merchants globally and has major …

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