Wednesday , October 23, 2024

Search Results for: worldpay

Apple Card in Limited Release and other Digital Transactions News briefs from 8/6/19

Apple Inc. made its upcoming Apple Card available to the public on a limited basis. The full rollout of the card—which was unveiled in March, is issued by Goldman Sachs Group Inc., and runs on the Mastercard network—is expected later in the month.Automated clearing house network administrator Nacha said it is “committed to working cooperatively …

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Visa’s Bullish on Contactless And Franchise-Broadening Acquisitions, Cautious on Libra

Visa Inc.’s net income jumped by a third in the quarter ended June 30, a period when the leading payment card network’s global transaction volume rose nearly 12% and the company completed or announced several acquisitions to broaden its franchise. Visa chairman and chief executive Alfred F. Kelly Jr. told …

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Fiserv-FDC Deal Clears a Regulatory Review and other Digital Transactions News briefs from 7/18/19

Fiserv Inc.’s $22 billion acquisition of First Data Corp. cleared a U.S. Department of Justice review, the company said Thursday. In April, the Justice Department asked for more information and documents related to the deal, but, according to a Fiserv filing with the Securities and Exchange Commission, the DoJ attached no conditions …

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Mastercard Completes Transfast Deal and other Digital Transactions News briefs from 7/9/19

Mastercard Inc. completed its acquisition of Transfast, a cross-border payments specialist. Terms were not disclosed. Transfast provides B2B and person-to-person payment services through a network it says covers more than 125 countries and includes direct integrations with more than 300 banks and other financial institutions. The company also supports Mastercard …

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Payment Stocks Rebounded in June After a Month in Negative Territory

Stocks of publicly traded payments companies returned to positive territory in June to beat the major market indexes once again after going negative in May. Payments firms also exceeded the market in the year’s second quarter and first half, according to an analysis released Wednesday. A basket of 29 payment …

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How the Global-TSYS Deal Is Different

Payments observers are tempted to think of the $21.5 billion proposed merger of Global Payments Inc. and Total System Services Inc. (TSYS), announced last month, as the latest megadeal in a series initiated in January when Fiserv Inc. said it would acquire First Data Corp. That announcement was followed by …

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Paysafe Adds Bank-Payments Service and other Digital Transactions News briefs from 6/27/19

Paysafe Group said its Rapid Transfer online-banking payments service available in 18 European countries will be coming to the U.S. through a new partnership with Skrill USA Inc. With Rapid Transfer, consumers can make ACH or wire-transfer payments at Skrill-accepting merchants without leaving the merchant’s Web site. Via Transportation Inc., …

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Square Aims to Declutter the Restaurant Point of Sale—And Stay Ahead of Merging Competitors

Merchant processor Square Inc. is making it easier for its restaurant clients to use third-party delivery services, while at the same time fortifying itself against bigger merchant acquirers slated to merge into even bigger ones. San Francisco-based Square, which has its own restaurant delivery, pick-up, and catering service called Caviar, …

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PayFi Adds Real-Time Payments Option and other Digital Transactions News briefs from 6/4/19

PayFi, which provides a banking platform, said it will offer real-time payments services from The Clearing House Payments Co. LLC to community banks. Most U.S. consumers—38%—are likely to use a credit card for online subscription payments, finds a report from GoCardless, a recurring-payments company. Thirty-four percent choose a debit card, …

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i3 Verticals Acquires Pace Payment and other Digital Transactions News briefs from 6/3/19

i3 Verticals Inc. completed its $52.7 million acquisition of Pace Payment Systems Inc. Pace specializes in selling payments services in the public and education sectors. Avis Car Rental, a unit of Avis Budget Group Inc., launched a split-payment feature in its mobile app. Called Split My Bill, the feature enables …

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Digital Transactions