Industry News

Mar 19, 2019

TNS Invests in OpSiSe Solution to Boost French Business

Through the acquisition, TNS increases its portfolio of value-added services with the OpSiSe set of online tools, reporting, and mobile application capabilities. > See Article

Mar 19, 2019

Samsung Pay Welcomes PFS Cardholders & Fintechs

Cardholders in specific programs issued and managed by PFS in the U.K. can now enable Samsung Pay and use Contactless wherever the contactless symbol is displayed and Mastercard is accepted.  > See Article

Mar 19, 2019

First Data’s Authorization Optimization Solution to Maximize Approval Rates and Revenue for Merchants

The new solution applies intelligent transaction tools, including a robust rules engine and data science, helping merchants increase authorization rates for card-on-file transactions by as much as 10 percent. > See Article

Mar 18, 2019

IBM Blockchain World Wire, a New Global Payment Network, to Support Payments and Foreign Exchange in More Than 50 Countries

Designed to optimize and accelerate foreign exchange, cross-border payments and remittances, World Wire is the first blockchain network of its kind to integrate payment messaging, clearing, and settlement on a single unified network, while allowing participants to dynamically choose from a variety of digital assets for settlement. > See Article

Mar 18, 2019

FIS and Worldpay to Combine to Accelerate the Future of Finance and Commerce Globally

The combined company will have approximately $12.3 billion pro forma 2018 annual revenue. > See Article

Mar 18, 2019

Rapyd Launches Hyperlocal Payments Solution for Global Commerce, Unlocking Access to Consumers Worldwide

Rapyd Checkout allows merchants to accept local payment types in 100+ countries, including cash, bank transfers, local cards, and ewallets. Over 500 locally preferred payment types are supported. > See Article

Mar 18, 2019

Western Union Teams Up with Thunes to Expand Payout Capabilities to Mobile Wallets

The partnership with Thunes, a cross-border payment network for emerging markets, will enable Western Union customers to send funds directly into mobile wallets around the world. > See Article

Mar 18, 2019

ACI Worldwide Brings Text-to-Pay to Billers by Joining Forces with Solutions by Text

Integrating Solutions by Text´s software with ACI´s UP Bill Payments will provide customers with simple pay-by-text options, increasing on-time payments and reducing collection costs. > See Article

Mar 15, 2019

Alliance Data Provides Card Services Performance Update for February 2019

Receivables averaged $16.78 billion. Charge-offs of $88.74 million were up 6.3%. > See Article

Mar 14, 2019

First Data Releases Consumer Insights Study on German Consumers’ Preferred Payment Methods

The study of more than 2,000 German consumers examines their preferred payment methods, as well as the key factors that influence the adoption of card and contactless payment methods, including security, accessibility, and age. > See Article

Mar 14, 2019

SpotOn and Poynt Partner to Debut All-in-One Payment and Marketing Solution for Small and Medium-Sized Businesses

Combined with SpotOn´s fully integrated omnichannel platform, the technology will be part of a robust turnkey in-store commerce solution that allows merchants to easily manage their business analytics, appointment scheduling, web design, POS software, marketing initiatives, customer reviews, and loyalty programs.    > See Article

Mar 14, 2019

Elavon and Union Bank Extend Long-Standing Alliance Relationship

Elavon and Union Bank have agreed to extend their multiyear alliance for the third time in their 25-year partnership, which adds a focus on expanding into vertical markets such as healthcare, and enhancements to tools and services, making it easier for clients to manage and grow their business. > See Article

Mar 14, 2019

Barclaycard Partners with Alipay to Help U.K. Merchants Increase Sales from Booming Chinese Tourism

The new agreement will enable U.K. retailers to accept Alipay payments in-store, and connect with Chinese tourists before they travel to the U.K. > See Article

Mar 13, 2019

Datacap Certifies to Ingenico´s Tetra Platform to Help Merchants Optimize Customer Experiences

With the Tetra platform, Datacap´s POS partners have access to a wide range of form factors to fit a variety of use cases across different industries without needing additional payment integrations. > See Article

Mar 13, 2019

Comdata Announces New Mastercard Portfolio and First Mobile Fuel Transaction

Comdata´s new Mastercard portfolio offers expanded purchase capabilities and simplifies expense management for businesses. Additionally, the company announced that its strategic partnership with P97 has resulted in its first mobile fuel customer transaction through the Mastercard network. > See Article

Mar 12, 2019

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Ethoca is a global provider of technology solutions that help merchants and card issuers collaborate in real time to quickly identify and resolve fraud in digital commerce.  > See Article

Mar 12, 2019

InComm Expands into Lottery Industry with Linq3 Technologies Acquisition

Linq3 designs, builds, and markets state-of-the-art products and solutions for traditional and digital lottery gameplay. > See Article

Mar 12, 2019

First Data Acquires Software Express, Brazil´s Leading EFT Solution Provider

Founded in 1986, Software Express provides technology solutions to merchants of different sizes, including multiacquirer EFT, multiacquirer EFT POS, reconciliation, a payment gateway, and automated recurring payments, among other products. > See Article

Mar 12, 2019

PayPal Makes Strategic Investment in MercadoLibre

MercadoLibre, Inc., Latin America´s leading ecommerce technology company, intends to offer approximately US$1 billion of common stock, also to grant the underwriters a 30-day option to purchase up to $150 million of additional shares. PayPal has committed to make a $750-million strategic investment. > See Article

Mar 12, 2019

UnionPay International Signs Agreement with NIBank for the Issuance of Cards in Latin America

The agreement between UnionPay International and NIBank allows the possibility of developing many innovative payment mechanisms for the region in areas such as online and mobile payment, IC Card, mPos, and B2B payments.  > See Article