Payments Processing

Celero Commerce Buys Community Bankers Merchant Services
Celero Commerce Buys Community Bankers Merchant Services
August 18, 2022  |  Acquisitions

Nonbank payment processor Celero Commerce has bought Community Bankers Merchant Services (CBMS) to add more options for payments processing, a press release said. CBMS provides...

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Growth in Europe Slows but EMEA Remains Key Region for Adyen
Growth in Europe Slows but EMEA Remains Key Region for Adyen
August 18, 2022  |  Earnings

Stock market jitters are no joke. As a case in point, upon the release of Adyen’s first-half results on Thursday (Aug. 18), the company’s shares...

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UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in Full Swing
UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in...
August 14, 2022  |  Mena

The Central Bank of the United Arab Emirates (CBUAE) released its 2021 Financial Stability Report this month detailing measures put in place to mitigate the...

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NEW REPORT: Supporting Resilient Growth While Navigating Black Swan Events
NEW REPORT: Supporting Resilient Growth While Navigating Black Swan Events
August 04, 2022  |  Risk Management

Managing global risk has become more complicated than ever. Risk managers must not only confront issues of maintaining global regulatory compliance concerning anti-money laundering (AML)...

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REPORT: Consumer Finance Firms Face Harsh ‘Innovate or Die’ Reality
REPORT: Consumer Finance Firms Face Harsh ‘Innovate or Die’ Reality
May 18, 2022  |  Consumer Finance

The digital payments revolution is raising consumers’ expectations when dealing with service providers. Seamless payment experiences from leaders in the tech sector like Amazon and...

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Payment Startup Melio Names Meta, PayPal Veteran as COO
Payment Startup Melio Names Meta, PayPal Veteran as COO
February 28, 2022  |  Personnel

Israeli startup Melio, which offers payment tools for small businesses, has named ex-Meta and PayPal senior exec Tomer Barel as its chief operating officer, Reuters...

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Today In Payments: J.P. Morgan Plans Rollout Of UK Digital Retail Bank; Apple Earnings Blowout Rides Connected Economy
Today In Payments: J.P. Morgan Plans Rollout Of UK Digital Retail Bank; Apple Earnings Blowout...
January 28, 2021  |  News

In today’s top news, J.P. Morgan is launching a retail bank in the U.K., and Apple hit its first $100 billion-plus quarter. Plus, Vistaprint has...

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Visa, Mastercard Fined Wirecard Millions
Visa, Mastercard Fined Wirecard Millions
July 27, 2020  |  Security & Fraud

Long before alarm bells sounded at Wirecard AG, the now-insolvent German payments processing company, there were red flags. The Wall Street Journal reported on Monday...

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Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
Wirecard Auditor Flagged KPMG Report, Saying It Needed ‘Context’
July 19, 2020  |  Security & Fraud

Wirecard AG’s accounting firm said an independent report failed to account for half of the German payment company’s  revenue and all its operating profit, the...

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