Wednesday , October 23, 2024

Search Results for: worldpay

Bitcoin’s Price Rebounds Past $11K As Its User Fees Slide to Lowest Level in Five Months

Capping an eventful week for cryptocurrencies, Bitcoin is now trading above $11,000 for the first time in three weeks. Even more important, the fees its users must pay when they spend Bitcoin—which had soared into the stratosphere in recent months— have crashed back to earth, according to data available Monday …

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YapStone Raises $71 Million and other Digital Transactions News briefs from 2/12/18

Card-data analytics company Cardlytics, which went public Friday, was trading at nearly $16 a share at mid-morning Monday, up 18% on the day to that point. The stock is up 30% since its debut. YapStone, which processes payments for apartment and vacation rentals, announced the first closing in a Series …

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Primetime for Amazon Pay

Amazon long ago mastered e-commerce, and now its payments unit is making moves in physical stores and in voice commerce. Will it succeed here as it has online? In the fall of 2009, a certain big company in Seattle launched a service that let consumers authenticate themselves for online purchases …

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No Shortcuts To Becoming a PayFac

As the payment-facilitator model gains favor, understanding the process to become one has become more important than ever. A few years ago, deciding on a payment model was a simple choice for a software vendor or event organizer: Find an independent sales organization to work with or become one. Then, …

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As Amazon Go Opens to the Public, Amazon Ushers in ‘Just Walk Out Shopping’

About a year later than it intended, Amazon.com Inc. on Monday opened to the public an 1,800-square-foot convenience store in Seattle that promises to streamline physical shopping and payment as the company has for decades smoothed out the wrinkles in e-commerce. Along with Amazon’s $13.7 billion acquisition last year of …

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Bitcoin Value Swoons and other Digital Transactions News briefs

Vantiv Inc.’s acquisition of Worldpay Group plc, which was announced in August, officially closed Tuesday, forming a company called Worldpay Inc. The combined company processes more than 40 billion transactions worth more than $1.5 trillion annually around the world. Over a 24-hour period, a swooning Bitcoin shed nearly $2,600 in …

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Lighthouse Network Buys Shift4 And Says It Will Rebrand Itself as Shift4 Payments

Lighthouse Network, the company behind such acquiring and point-of-sale brands as Harbortouch and POSitouch, announced Monday it has purchased Shift4 Corp., a Las Vegas-based payment gateway, for an undisclosed amount. Allentown, Pa.-based Lighthouse also announced it would adopt the Shift4 name, rebranding itself as Shift4 Payments. It was only in …

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Klarna Integrated Into ACI Service and other Digital Transactions News briefs from 1/8/18

Vantiv Inc. shareholders approved the processor’s planned acquisition of London-based merchant acquirer Worldpay Group plc with 99.9% of votes cast in favor, Vantiv reported. The companies expect the merger to close Jan. 16 following approval of a British court. The merged company will be known as Worldpay Inc., and its …

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Looking to Bulk up in Small Merchants, TSYS Buys Cayan for $1.05 Billion in All-Cash Deal

The consolidation trend sweeping through the merchant-acquiring business made headlines again Monday morning with the news that Total System Services Inc. has agreed to buy Boston-based acquirer and technology provider Cayan LLC for approximately $1.05 billion in cash. The deal, which TSYS says it expects to close in the first …

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More Bank Investment in Real-Time Payments and other Digital Transactions News briefs from 12/5/17

Finastra, a banking-technology services firm, announced PNC Bank, a unit of The PNC Financial Services Group Inc., is using its services as part of the bank’s participation in RTP, the real-time payments service from The Clearing House. Fifty-percent of U.S. banks plan to increase their investments in real-time payment systems in …

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Digital Transactions