Competitive Strategies

• FinTech Acquisition Corp. announced it has completed its acquisition of processor CardConnect LLC, which has become a wholly owned subsidiary. Renamed CardConnect Corp., the company began trading Monday on the NASDAQ under the symbol “CCN.” • Epson America Inc. launched the Envision mSelect Partner program to help mobile point-of-sale …

It might be a cliché, but the saying that the more things change, the more they stay the same has some validity for merchant acquirers despite the rapid introduction of new technologies and the entrance of new competitors in recent years. For example, the top 10 U.S. merchant acquirers in …

The $4.3 billion merger of Global Payments Inc. and Heartland Payment Systems Inc. appears to be paying off. Atlanta-based Global Payments released its fiscal fourth-quarter and year-end results Thursday. For the year, which ended May 31, total revenue of $2.9 billion was up 4.5% from $2.8 billion in the prior year. …

Every business, including merchant processors and independent sales organizations, wants to protect its trade secrets, and a new federal law gives them stronger tools to do that than available before. But the law also could expose ISOs to damages should they unwittingly hire sales representatives who use somebody else’s stolen …

Apple Inc. is notoriously tightlipped about how its Apple Pay mobile-payments service is doing, and the occasion of the computing giant’s quarterly earnings call late Tuesday was no exception. Still, while Apple chief executive Tim Cook said little to satisfy widespread curiosity about the wallet’s adoption and usage among consumers, …

The U.S. migration to the EMV chip card standard continues to pay off for point-of-sale terminal maker Ingenico Group as the company reported a 14% increase in its North America revenue for the first six months of 2016. France-based Ingenico, in its earnings results released Tuesday, said it recorded 148 …

• Venmo, the peer-to-peer payment service from PayPal Holdings Inc., said all Venmo users now can use the service to make in-app purchases at participating merchants. Announced earlier this year, the in-app payment is available with 11 merchants. • Wireless transaction gateway Apriva said it has completed EMV certification for …

Payments-service provider WePay Inc. has expanded into the United Kingdom, a move that could make it easier for its clients to offer services internationally, WePay announced Tuesday. WePay’s client list includes organizations such as GoFundMe, Meetup, Care.com, Fresh Books, and Constant Contact. Organizations like these rely on crowdfunding payments. WePay …

The United States remains one of the world’s last bastions of the paper check, a situation a startup called Checkbook Inc. sees as a massive opportunity. The Sunnyvale, Calif.-based company has been working for the last two years on a system that it says allows businesses and individuals to use …

Visa Inc.’s disdain for the automated clearing house as a competing payments network has been a given for years, but never did it come into focus more than it did last week when the giant card network announced its wide-ranging agreement with PayPal Holdings Inc. The deal smoothed over a …