FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a tax-free spinoff of its merchant operations, the bulk of which comes from Worldpay, Reuters reported Friday (Feb. 10), citing sources...
Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. In terms of headline numbers, adjusted earnings per share came in at $1.57, three pennies better than expected....
Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts of the revenue and cost synergies outlined when the deal was struck earlier this year. In terms of headline numbers,...
When myPOS launched in 2014, cash was still mostly king among small businesses. In fact, as Andrew Byrne, COO at myPOS, told Karen Webster, in some places it still is. Camden Market, Byrne noted as an example, is a popular destination in London that bills...
August 30, 2018
When myPOS launched in 2014, cash was still mostly king among small businesses. In fact, as Andrew Byrne, COO at myPOS, told Karen Webster, in some places it still is. Camden Market, Byrne noted as an example, is a popular destination in London that bills itself as a place to “eat, drink, shop and dance.” […]
March 05, 2018
Merchant services is newly in TSYS’s sights in the wake of closing its deal to buy Cayan. Philip McHugh, EVP and president of TSYS Merchant Solutions, tells Karen Webster that...
August 09, 2023
SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to £20,000, based on merchants’ payment history and repayable via payment acceptance using SumUp’s card readers. According to a release emailed to PYMNTS, SumUp says the launch is happening “at a […]
February 12, 2023
FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a tax-free spinoff of its merchant...
February 13, 2020
Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. In terms of...
October 20, 2015
CyberSource, a Visa owned company, announced today (Oct. 20) the launch of Decision Manager Replay — a real-time fraud analytics tool that enables merchants to both analyze and adjust fraud management...
