Acquiring

Thanks in part to its acquisition of a Florida independent sales organization nearly a year ago, merchant acquirer JetPay Corp. on Monday reported that its first-quarter revenues increased 63% to $18.9 million from $11.6 million in the year-ago period. JetPay’s Payment Services segment, its biggest unit, saw revenues jump by …

• EVO Payments International announced it purchased the remaining ownership interest in Zenith Merchant Services, a Montreal-based payments provider. Terms were not disclosed. • Payments processor Computer Services Inc. has integrated data from Dow Jones Risk & Compliance for sanctions screening to help clients control the risk of doing business with politically …

• The National Retail Federation on Friday launched a multimedia advertising campaign urging the House of Representatives to protect the Durbin Amendment. The campaign, which includes radio commercials targeting the districts of key Congressmen who have expressed support for repealing Durbin, comes as the House prepares to take up the Financial …

• Merchant processor Cayan has acquired Dallas-based Card Payment Services LLC, which processes more than $700 million annually for the waste-disposal industry. Terms were not announced. • Beanstream, a Canada-based payments provider that operated in the United States as Beanstream USA, has adopted its parent company’s name—Bambora—and will now will act as the …

Payments consultants Todd Ablowitz and Deana Rich are out to prove you don’t have to spend months or years setting up to be a merchant-aggregation model that lets sellers process transactions on the aggregator’s merchant account. All told, the model holds the potential to generate more than $4.4 billion in …

Prepaid card program manager Green Dot Corp. reported higher purchase volumes and card numbers in the first quarter while merchant acquirer CardConnect Corp. posted a 23% increase in bank card dollar volume. Purchase volumes on Pasadena, Calif.-based Green Dot’s cards totaled $5.5 billion, up 17% from $4.71 billion in 2016’s …

Having built a successful payments processor and sold it to Global Payments Inc., Bob Carr is ready to build another company, but this time with a purpose beyond simply making money. Carr’s latest endeavor is Beyond, launched May 1, just over a year from the closing of Global Payments’ $4.3 …

• Visa Inc. said its April 2019 date for compliance with 3-D Secure 2.0, an online-commerce fraud-prevention standard, applies globally. In 2016, Visa had said compliance would start with Europe in April 2018. “We felt it was easier for our various stakeholders to have a single global date, so we aligned Europe accordingly,” …

First Data Corp. reported Monday that transaction volume in its North American merchant-acquiring business grew 7% year-over-year in the first quarter to 11.5 billion. Attrition in First Data’s direct small and mid-sized (SMB) merchant business, which had been a problem for more than a year, improved, but sales leads from …

• Repeal of the Durbin Amendment took a step closer to reality with the passage of the Financial Choice Act by the House Financial Services Committee by a 34-26 vote. The full House is expected to take up the bill by the end of the month. • MoneyGram International Inc. said …