Electronic Payments International
WEBThe banking industry continues to be a hotbed of patent innovation. Activity is driven by digitalization, enhanced security, operational efficiency,...
EML wraps up PFS takeover - Electronic Payments International
WEBApr 2, 2020 · EML wraps up PFS takeover. EML Payments has completed the acquisition of Prepaid Financial Services (PFS) after securing the regulatory nod in the UK and Ireland. The deal was announced in November last year for an upfront payment of £226m and an earn-out component of up to £55m. However, the price of …
Veracity Payment Services acquires Vanco, rebrands merged entity
WEBMay 14, 2014 · As per the terms of the agreement, Veracity and Vanco will be renamed as Vanco Payment Solutions and the companies will have around 38,000 clients nationwide, processing over $11bn electronic payments. Vanco processes both credit card and ACH transactions on its platform for over 60 software companies through web services integrations, besides ...
Fiserv rolls out intelligent bill payment experience CheckFree Next
WEBdouglasblakey October 24, 2019. Fiserv aims to transform the bill payment experience with an intelligent bill payment experience dubbed CheckFree Next. The tool offers personalised suggestions, increased automation and says Fiserv, unmatched connectivity. Moreover, its APIs enable financial institutions to deliver the capabilities customers ...
Payrix forays into Australia and New Zealand with IntegraPay …
WEBOct 8, 2020 · US-based embedded fintech company Payrix has forayed into Australia and New Zealand market following the acquisition of IntegraPay. IntegraPay operates in the US, the UK, Australia, and New Zealand. It processes over one million transactions each month and serves more than 5,000 clients. The acquisition comes close on the heels of …
Turkish payment platform ininal to issue prepaid Visa cards
WEBJul 24, 2019 · All the existing customers of the payment platform can also convert their prepaid cards to Visa prepaid cards. Customers of ininal can use the redesigned cards for online as well as in-store purchases globally at any merchant who accept Visa. Additionally, they can use the Visa prepaid cards to withdraw cash from Visa accepting ATMs globally.
Elavon buys ETS to bolster payment capabilities
WEBSep 5, 2018 · Elavon buys ETS to bolster payment capabilities. September 5, 2018. US Bancorp-subsidiary, Elavon has acquired Virginia-based Electronic Transaction Systems (ETS), a payment systems developer for various businesses. The financial terms of the acquisition were not divulged.
Bank of America partners Flywire to improve cross-border payments
WEBOct 29, 2019 · The Flywire solution seeks to reduce complexities in cross-border remittances, which is expected to grow to more than $25 trillion by 2025. The solution offers a transparent foreign exchange rate to the customers and facilitates associated billing, payment and receipt process, the payments firm noted. Additionally, the …
COBOL: A ticking time bomb in the financial system
WEBJan 24, 2024 · The global financial system hums on an unlikely engine: COBOL, a programming language that is a relic of the 1960s. It powers everything from ATM transactions to stock trades. It has served us well over the years, handling trillions of dollars in transactions without major system failures. But …
Govolution deploys NICE inContact’s IVR for credit card payments
WEBMar 8, 2018 · Payment technology firm Govolution is deploying the interactive voice response (IVR) platform by NICE inContact, a cloud contact centre software company, to offer rapid and secure consumer credit card payments for its clients.
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