Fiserv Inc. is partnering with Genesis Bank to provide low-to-moderate income small businesses in Southern California serviced by the bank access to its Clover point-of-sale technology at a reduced cost. The deal opens the door for low-to-moderate income small businesses a way to access to select Clover technology bundles with …
Read More »NMI Launches an Embedded Payments Platform to Ease Integration And Processing for ISOs
Payments provider NMI LLC announced Thursday the launch of NMI Payments, a modular embedded-payments solution that enables software companies and independent sales organizations to integrate and accept payments online, in-store, in-app, through mobile devices, and at unattended payment terminals, according to the company. NMI Payments integrates within existing applications and …
Read More »If Top Card Execs Must Testify, So Should Merchant Leaders, CCCA Opponents Argue
Days after Sen. Dick Durbin, D-Ill., sent letters to the chief executives of Visa Inc. and Mastercard Inc. demanding they testify before the Senate Judiciary Committee about their opposition to the Credit Card Competition Act, the Electronic Payments Coalition is asking why the committee is not requesting that leaders of …
Read More »Fiserv Partners With NCR Atleos to Add Self-Service to Its CheckFreePay Bill Payment Network
Fiserv Inc. has expanded its CheckFreePay bill-payment network to include self-service capabilities through NCR Atleos ATMs. CheckFreePay users will be able to pay their bills in cash at thousands of NCR Atleos ATM locations, including top-10 retailers, grocery stores, convenience stores, and pharmacies in the United States. Previously, ATMs that …
Read More »eTip Brings Digital Tipping To Davidson Hospitality Properties
The digital-tipping provider eTip announced late Monday it has partnered with Davidson Hospitality Group to make its service available to Davidson’s 85 hotels and resorts, as well as the company’s more than 200 restaurants, bars, and lounges in the United States. To initiate a payment through eTip’s application, consumers scan …
Read More »ABA Formalizes BIN Administration Handoff to Long-Term Partner CUSIP
CUSIP Global Services announced late Wednesday that it will be taking over day-to-day operations of the administration of the issuer identification number system from the American Bankers Association. The change is not monumental as CUSIP has a long history of managing numbering programs for the financial services industry. The ABA …
Read More »Payroc Beefs Up Its Presence in Canada With Its Deal for SterlingCard
Payments-platform provider Payroc LLC has expanded its footprint in Canada through its acquisition of SterlingCard Payment Solutions Inc., a provider of retail and e-commerce payment solutions, for an undisclosed sum. Tinley Park, Ill.-based Payroc announced mid-day Tuesday it had closed on the deal. The acquisition enables Payroc to offer a …
Read More »More Salvos Emerge in the Battle Over a Credit Card Networking Bill
Proponents and opponents of the Credit Card Competition Act continue to press their respective cases for passage and rejection of the CCCA by Congress. Late Monday, the Merchants Payments Coalition fired the latest salvo in its campaign to pass the CCCA, a television commercial that literally shows a consumer getting …
Read More »Fleet Card Startup AtoB Signs an Exclusive Network Deal With Mastercard
AtoB, a 4-year-old payments platform for the trucking industry, announced Monday that Mastercard Inc. will be the exclusive network for its commercial card program. AtoB’s platform provides such tools as fleet cards, direct-deposit payroll, and access to bank accounts. The San Francisco-based fintech’s fuel card offers discounts of up to …
Read More »Cantaloupe Makes a Play for Stadium Pay With a $4.75 Million Deal for Cheq
Cantaloupe Inc., a provider of cashless payment technology for the self-service market, has acquired Cheq Inc. for $4.75 million, Cantaloupe announced late Thursday. Cheq is a payments and ordering platform for sports, entertainment, and hospitality venues. With the acquisition, Malvern, Pa.-based Cantaloupe can enter what has become in recent years …
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