This developing world of payments and the fierce competition offered by non-traditional providers of financial services presents big challenges to smaller and community banks –...
Wells Fargo announced it has hired Colleen Taylor to run its Wells Fargo Merchant Services, which shepherds the direction and oversight of its merchant services...
The megamergers of 2019 have been reshaping the payments industry. For merchant services, especially, the chessboard looks much different. Daniela Mielke, CEO of RS2 North America,...
Megadeals everywhere in payments? Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Bloomberg, citing to people...
Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment...
Imagine a race of fast cars, speeding along some race track at, say, 1,000 mph. Now, imagine having to change a tire on one of...
In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...
Instant onboarding — the ability for a merchant to complete a one-page digital application, then instantly process payments — has, more or less, been heralded as the best thing to happen in...
Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. The “discovery” is in quotes for three reasons. First, Christopher...