Acquiring

Point-of-sale software maker GiftLogic said its product now supports the Ingenico iCMP wireless POS terminal with Vantiv Integrated Payments. Prepaid and gift-card specialist Blackhawk Network Holdings Inc. said it will supply the gift card products for Wells Fargo’s Go Far Rewards program. Blackhawk is managing the gift card reward element …

The Canadian Federation of Independent Business announced Monday an agreement with JPMorgan Chase & Co.’s Chase Merchant Services that the trade group of small and medium-sized merchants says could bring cuts of nearly 50% for accepting American Express Co. cards to its 110,000 members. The Toronto-based CFIB said Chase, its …

Network Merchants LLC, a technology provider for independent sales organizations, acquirers, and independent software vendors, closed its previously announced acquisition of gateway and EMV technology provider Creditcall for an undisclosed price. Digital cross-border person-to-person remittances will total $300 billion by 2021, up from an estimated $225 billion this year, according …

More than two years after the U.S. migration to EMV chip cards accelerated, evidence of the success of the effort continues to emerge. Merchant acquirer Square Inc. says nearly 92% of the transactions it processed as of December were made with EMV-enabled credit and debit cards. While the advent of …

Equifax Inc. said it expects costs from its massive 2017 data breach to hit $275 million this year, offset by $75 million in insurance proceeds, Reuters reported. The credit-reporting agency also disclosed that another 2.4 million people were affected by the cyber attack in addition to the more than 145 …

Point-of-sale equipment maker Ingenico Group announced a PIN-on-glass product suite that includes a secure card reader and a back-end verification service. Payments provider SignaPay Ltd. announced two new products, the PayHub Plus Payment Gateway and the PayLo Mynt POS System, which offers a variety of customized point-of-sale software packages. In …

Sweden’s Klarna Bank AB enjoyed a good year in 2017, as documented by results the privately held online-checkout and financing specialist released on Wednesday. The firm, which was founded in 2005 and has operated a U.S. unit, Klarna Inc., since 2015, had already achieved distinction by ranking third among so-called …

The merger of payment processors Vantiv Inc. and London-based Worldpay Group plc was completed Jan. 16, and up next for leaders of the combined company is integration of operational platforms, selling products to a wider customer base, and achieving their goal of $200 million in cost savings in three years. …

ZipfWorks Inc., owner of online coupon code site Dealspotr.com, released the results of a mobile-payments survey that found that 15% of consumers between 18 and 35 years old used Apple Pay while shopping online. Ten percent of this age group used Apple Pay in a store. It also found that …

Square Inc. on Tuesday pulled back the curtain, at least a little bit, on its Cash App and the related Cash Card, a Visa-branded debit card. The app has 7 million active users, and cardholders spent $90 million using the card in December, good for annualized volume of $1 billion, …