Issuing/Originating

Payments provider EVO Payments Inc. reported third-quarter revenue of $135 million, a 15.4% increase from the same quarter in 2020. Fifty-nine percent, or $79.4 million, of its revenue came from the Americas and the remainder, $55.6 million, from EVO’s European business. Net income of $7.1 million for the quarter was down 51.4% …

Two trends have buoyed the payments business since the onset of the pandemic—online shopping and buy now, pay later capability—and on Wednesday Klarna AB launched a new app that exploits both trends by letting consumers use Klarna’s BNPL service regardless of whether the store is a Klarna merchant. The new …

Heading into the holiday shopping season, consumers are poised to make even more use of buy now, pay later options than in the past. Overall, 42% of consumers plan to use BNPL while holiday shopping, according to a survey by GoCardless, a provider of account-to-account payments. When Millennials were asked …

The rising prominence of open banking, particularly in Europe and the United States, poses a “growing threat to the dominance of cards within e-commerce,” says a report released early Monday by the United Kingdom-based firm Juniper Research. The report comes against a backdrop in which e-commerce transactions are growing fast …

With its launch on Thursday of a digital checking account for business and an associated debit card, American Express Co. could be poised to shake up the payments business in ways not seen before, observers say. “This announcement represents the greatest threat to financial institutions who are competing for the …

American Express Co. launched a fully digital business checking account for U.S. small and mid-sized businesses that includes the first-ever AmEx-issued debit card. The account also connects with existing AmEx credit cards.FIS Inc.’s Worldpay merchant-acquiring unit will provide payment services to Major League Baseball’s Washington Nationals under a new agreement. The pact includes …

Independent software vendors can integrate technology directly into Fiserv Inc.’s Clover point-of-sale terminals under Fiserv’s new platform-as-a-service program, the company announced.Processor Usio Inc. signed an agreement with independent software vendor BoosterHub LLC that will integrate Usio’s payment services into BoosterHub’s cloud-based software for thousands of school booster clubs.Payment gateway Cardknox Inc. said its processing capabilities can …

American Express Co. reported strong results Friday morning for its third quarter as its top executive said the company hasn’t exhausted its interest in acquisitions, though he added the New York City-based payments company is cool to the prospects for cryptocurrency as a medium of exchange. Chief executive Stephen Squeri …

Driven by a surge in business-to-business and health-care claims payments, transactions on the nation’s automated clearing house network swelled 7.7% year-over-year in the third quarter, according to Nacha, the organization that governs the network. Transactions totaled 7.3 billion, up by 520 million, while dollar volume totaled $18.1 trillion, a 13/8% …

Paysafe Ltd. said it relaunched its U.S. partner program for independent sales organizations, independent software vendors, and financial institutions.Anaheim Arena Management, manager of the Honda Center in Anaheim, Calif., has selected SpotOn Transact Inc.’s Appetize unit to manage all concessions through cloud technology. The move comes in advance of the new National Hockey …