• The U.S. Marshals Service announced that bidder registration began today for its Aug. 22 online auction of 2,719.33 Bitcoins forfeited to the government in various criminal, civil, and administrative cases. The Bitcoins, which will be sold in one block, are worth nearly $1.61 million at today’s price of $590.25 …
Read More »Search Results for: digital payments
Green Dot Doubles 2Q Profit and other Digital Transactions News briefs
• Prepaid card provider Green Dot Corp. reported that second-quarter net income more than doubled from a year earlier to $7.78 million on a 2% increase in operating revenues to $173.5 million. While Green Dot’s active card count of 4.28 million was down 11% from a year earlier, purchase volume …
Read More »Sage Payments Developer Portal is the go-to platform for ISV and development partners
Sage Payment Solutions has launched the Sage Payments Developer Portal, an enterprise-level API developer enablement solution. As a collaborative resource, the Sage Developer Portal is the go-to platform that helps ISV and developers quickly integrate payments into their software, mobile application or website. Designed with the needs of software …
Read More »PayNearMe Strikes Comcast Payment Deal and other Digital Transactions News briefs
• The Wells Fargo/Gallup Small Business Index found that checks, at 90%, and cash, at 72%, continue to reign as the top payment methods accepted by small businesses. A printed check from a bill-pay service was next, at 53%, followed by credit or debit card at a point-of-sale terminal, 42%, …
Read More »80% of MasterCard Credit Cards Have Chip and other Digital Transactions News briefs
• Processor Fiserv Inc. will market Early Warning LLC’s clearXchange person-to-person real-time payments network to its financial-institution clients under a new agreement. The deal follows a similar arrangement the companies reached last year for real-time bill payments and deposits. Fiserv also said adjusted second-quarter revenues in its payments segment increased nearly 11% …
Read More »Bluepoint Image Capture Firm Sold and other Digital Transactions News briefs
• International Business Machines Corp. reportedly is in early talks to acquire iPad-based point-of-sale technology provider Revel Systems Inc., according to Bloomberg. • Investment firm Battery Ventures said it reached an agreement to acquire Bluepoint Solutions Inc., a privately-owned image-capture and document-management firm, and will merge it with Alogent, a …
Read More »Epson America Launches Partner program and other Digital Transactions News briefs
• FinTech Acquisition Corp. announced it has completed its acquisition of processor CardConnect LLC, which has become a wholly owned subsidiary. Renamed CardConnect Corp., the company began trading Monday on the NASDAQ under the symbol “CCN.” • Epson America Inc. launched the Envision mSelect Partner program to help mobile point-of-sale …
Read More »MoneyGram Money-Transfer Volume Up and other Digital Transactions News briefs
• For its second quarter ended June 30, MoneyGram International Inc. reported transactions on its digital money transfer service grew 9% and accounted for 15% of all money-transfer transactions handled by the company. Revenue for the service increased 17% and accounted for 13% of overall money-transfer revenue. • Because of …
Read More »Global Payments’ Heartland Merger On Track, Executives Say
The $4.3 billion merger of Global Payments Inc. and Heartland Payment Systems Inc. appears to be paying off. Atlanta-based Global Payments released its fiscal fourth-quarter and year-end results Thursday. For the year, which ended May 31, total revenue of $2.9 billion was up 4.5% from $2.8 billion in the prior year. …
Read More »MasterCard and PayPal Extend Card Agreement and other Digital Transactions News briefs
• Square Inc. introduced Scheduled Deposit, a service aimed at larger merchants, allowing them to set up regular daily deposits with accelerated access to funds. The service differs from Instant Deposit, a service Square introduced a year ago, in that deposits are automated and so don’t require manual entry by …
Read More »