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Citizens Taps Paymentus for Bill Pay; Cantaloupe’s 46-Inch Payment Kiosk; NRS Makes Canada Move
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P2P Payments Value to FIs; Worldline Adds Splitit BNPL Option; CFPB Fines Wells $3.7 Billion
Sunoco Tops up with Carat; Making Payments Orchestration Pop; Global Payments’ $2.29 Billion Quarter
Global Payments’ $2.29 Billion Quarter And Other Digital Transactions News briefs from 10/31/22
Payments processor Global Payments Inc. reported revenue of $2.29 billion for the September quarter, up 3.8% year-over-year. Revenue for the first nine months of the year totaled $6.72 billion, up 6.2%. Global Payments expects to close on its $4 billion acquisition of EVO Payments Inc., announced in August, in the first quarter of …
Read More »Durbin Yokes Card Proposal to Defense Bill; Payments Revenue Resilient; Lightspeed Restaurant Tweaked
Shift4 ups the Restaurant POS Ante; A ‘Bill of Rights’ for Embedded Payments; Paysafe Bets on Iowa
Eight Embedded-Payments Players Issue a ‘Bill of Rights’ to Bolster Industry Ethics
Eight companies involved in the rapidly expanding industry of weaving payments capability into business software have announced an “Embedded Payments Bill of Rights” to stress ethical practices for the young industry. More companies will join these eight very soon, says Todd Ablowitz, co-chief executive and co-founder of Denver-based Infinicept, one …
Read More »Global Payments Hangs a $4 Billion Price Tag on EVO
The consolidation of the payment-processing business continues apace, driven by economies of scale and the challenges of keeping up with emerging technology. In the latest deal, which is expected to close in the first quarter of next year, Global Payments Inc. announced last month it will acquire EVO Payments Inc. …
Read More »Global Payments Says It Will Acquire Overseas Payments Specialist EVO for $4 Billion
The consolidation of the payment-processing business continues apace, driven by economies of scale and the challenges of keeping up with emerging technology. In the latest deal, which is expected to close in the first quarter of next year, Global Payments Inc. announced early Monday it will acquire EVO Payments Inc. …
Read More »Dueling Trade Groups Seek to Sway the Payments Industry Over Durbin’s Credit Card Bill
With the introduction in Congress on Thursday of a bill that attacks rising credit card acceptance costs, lobbyists for both sides of the issue lost no time firing broadsides, pro and con, over the matter. The legislation, co-sponsored by Richard Durbin, D-Ill., and Roger Marshall, R-Kan., seeks to ratchet down …
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