Digital Transactions Authoritative, insightful and timely information for payments professionals
- Payments provider Super Processor selected a payments platform from TAS USA Inc. to manage merchant onboarding, merchant accounts, and transaction processing for both in-store and e-commerce transactions.
- Hudson Executive Capital LP, an investment firm that has been embroiled in a fight for control of vending-machine payments technology provider USA Technologies Inc., filed a proxy statement with the Securities and Exchange Commission to elect eight director nominees to the USAT board. Hudson holds 16.3% of USAT’s common stock.
- As a result of the merger of BB&T Corp. and SunTrust Banks Inc., announced in February, customers of the merged entity, known as Truist Financial Corp., can use the ATMs of either institution without incurring out-of-network fees, Truist announced.
- Consumer revolving credit jumped 8.8% in October on a seasonally adjusted annualized basis, according to preliminary Federal Reserve estimates, following September’s slight 0.2% increase and a 1% decline in August. Revolving credit, most of which is credit card debt, now totals $1.09 trillion, up 4% from $1.05 trillion in October 2018.
- Rewards platform provider Cardlytics Inc. appointed Michael Akkerman as chief product and strategy officer; Akkerman most recently was global head of strategic partnerships at social network Pinterest.
Related Articles
Check Also
BNY Mellon Lands Direct Express Contract and other Digital Transactions News briefs from 11/22/24
The Bureau of the Fiscal Service, part of the U.S. Treasury Department, has appointed the …