Digital Transactions Authoritative, insightful and timely information for payments professionals
• Boosted by its November 2015 acquisition of software developer SunGard, processor Fidelity National Information Services Inc. (FIS) reported third-quarter revenues of $2.31 billion, up 46.2% from a year earlier. Revenues grew 3.8% on an organic basis.
• Co-Op Financial Services said it will provide its online bill-payment application to credit unions that use core processing and cloud-computing services from CUProdigy, a technology credit-union service organization.
• Bill-payment services provider BillGO Inc., formerly Bill Hero, introduced iOS and Android apps that the company says enable payment of any bill, including rent, by any payment method, and include reminders and the ability to split bills by more than one person.
• Payment gateway Shift4 Corp. said it can now process EMV chip card transactions with processor Global Payments Inc.
• PayPal Holdings Inc. released the Digital Goods Economy Survey that found a majority of U.S. consumers cited ease-of-use for why they preferred their most-used payment methods across electronic books, 80%, and mobile gaming, 82%, among other findings.
• CareCredit, a unit of Synchrony Financial, launched the Pay My Provider Web service that enables consumers to pay their CareCredit balances online.
• Payments provider linked2pay debuted a pay-by-text service on its Bank Centric Payments platform.
• Fiserv Inc. named Jim Grech chief information officer; Grech comes to the financial-institution processor from The Bank of New York Mellon Corp., where he was responsible for the bank’s global technology infrastructure. He succeeds Cliff Skelton, who will now focus on quality and service strategies.
