Acquiring

• KeyBank and First Data Corp. announced an agreement under which the bank will offer First Data products and services, including the Clover line of mobile point-of-sale technology, to its merchant clients across the country. • Financial-institution processor Fiserv Inc. said fourth-quarter adjusted revenue in its payments segment grew 9% year …

• Independent sales organization BluePay Processing LLC announced its purchase of the merchant-services portfolio of VersaPay Corp., a business-to-business payments provider. Terms were not disclosed. • Merchant processor Total Merchant Services introduced Groovv mPOS, a mobile point-of-sale device enabling EMV and NFC contactless payments, as well as online transactions. The device links to smart …

• Processor Fidelity National Information Services Inc. (FIS) reported its revenue grew 30.4% in the fourth quarter ended Dec. 31, to $2.4 billion, from $1.9 billion in the same quarter a year earlier. Net earnings from continuing operations increased to $207 million from $105 million. For the year, revenue jumped 40.1%, to …

The cofounders of Revel Systems, an early maker of iPad-based point-of-sale systems, have left the company following a fresh investment by private-equity firm Welsh, Carson, Anderson & Stowe, which has long been active in the payments industry. The press release from Welsh does not say why cofounders Lisa Falzone, who …

• President Donald Trump is poised Friday to order a review of the Dodd-Frank Act, which in addition to creating new bank regulations established the Consumer Financial Protection Bureau and the Durbin Amendment on debit interchange, The Washington Post reported. • Some observers believe fear of President Donald Trump’s plan to finance his proposed Mexican border …

• Merchant processor CardConnect Corp. unveiled a new release of its CardPoint Mobile app for smart phones and tablets that includes a feature called Catalog that allows businesses to label, price, discount, and categorize their products and services in one place. • Point-of-sale terminal maker Equinox Payments announced that POS-equipment distributor POSDATA added the …

By John Stewart@DTPaymentNews The new Trump administration injects much uncertainty into U.S. business, with payments being no exception, but a panel of experts on Thursday said the net result should be positive for at least the acquiring side of the market. “If Hillary Clinton had won, we would have been …

• Processor Vantiv Inc. reported its Merchant Services unit increased net revenue in the quarter ended Dec. 31 14% to $412 million from $363 million in the year-ago quarter on a 13% rise in transactions and 1% increase in net revenue per transaction. For all of 2016, Merchant Services’ net revenue jumped …

By Kevin Woodward@DTPaymentNews Vantiv Inc.’s

• Merchant acquirer Square Inc. announced a promotion that waives processing costs for small businesses on more than $12,000 in Apple Pay charge volume. It will give free processing on Apple Pay transactions for small-business customers that enroll this year in a promotion that includes purchase of Square’s contactless and EMV chip card reader …