BHMI’s Lynne Baldwin Wins Women in Payments Professionals Award
February 11, 20215 min
BHMI co-founder and president honored for her significant achievements and contributions in the payments industry
Marqeta Names Global Banking Leader to its Board of Directors
February 10, 20214 min
Cummings brings three decades of banking experience to Marqeta’s board, most recently with Wells Fargo and the Federal Reserve, as the modern card issuer looks to continue its strong global momentum
Visa Unveils New Credit Card Benefit with NortonLifeLock
February 9, 20214 min
U.S. consumer credit cards are now eligible for the ID Navigator Powered by NortonLifeLock benefit
American Express CFO to Participate in Fintech Payments Conference
February 9, 20211 min
American Express (NYSE: AXP) Chief Financial Officer Jeffrey C. Campbell will participate in the Keefe, Bruyette & Woods (KBW) Fintech Payments Conference on Tuesday, February 23 at 8:50 a.m. (ET). Mr. Campbell will participate in a virtual question-and-answer session relating to the Company’s business strategy and financial performance. A live audio webcast will be accessible to the general public through the American Express Investor Relations website at http://ir.americanexpress.com. An audio replay of the presentation will be...
REPAY Announces Closing of $125 Million Revolving Credit Facility
February 4, 20216 min
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY” or the “Company”) today announced the closing of a new undrawn $125 million senior secured revolving credit facility. “We are pleased with the successful completion of this credit facility, which, in addition to the available proceeds from our concurrent offerings last month of convertible notes and Class A common stock, positions us well for our future acquisition opportunities,” said John Morris, CEO of REPAY. “Our M&A pipeline remains very...
MoneyGram Launches Industry’s First Real-Time P2P Payment Solution
February 3, 20215 min
MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, and Visa, the world’s leader in digital payments, today launched a real-time peer-to-peer (P2P) payment solution to Vietnam. This latest integration in the partnership between MoneyGram, Visa, Sacombank and other leading banks across the country enables customers to transfer money from the United States, United Kingdom and 18 European countries1 to Vietnam quickly and securely through Visa Direct.2 Consumers can transfer money digitally through the MoneyGram mobile app or website...
Cambridge Global Payments Announces New Endorsement Partnership
February 3, 20214 min
Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE:FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce they have been selected by the Australian Livestock Exporters’ Council (“ALEC”), the peak industry body representing Australia’s livestock export sector, as an endorsed provider of foreign currency exchange and international payments solutions for ALEC members across Australia. Through this partnership, ALEC’s members and their respective companies, who qualify, will be able...
Visa Introduces AI-Powered Innovations for Smarter Payments
February 3, 20219 min
Visa Inc. (NYSE: V) today announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers—including delays and confusion with managing account balances and the unpredictability of daily settlement for financial institutions. VisaNet +AI comprises several innovative concepts and new value-added services, including Visa Smarter Posting and Visa Smarter Settlement Forecast, as well as Visa Smarter Stand-In Processing (Smarter STIP), a capability announced in August of last year....
Volante to Help Shape the Future of Instant Payments
February 2, 20215 min
Volante Technologies, the global leader in cloud payments and financial messaging, today announced their participation in a pilot program for the Federal Reserve’s upcoming instant payments offering, the FedNowSM Service. The offering highlights the industry’s charge to provide American consumers and businesses with instant payments services that deliver control, convenience and certainty. In the U.S., Volante is known as the enabler of the first real-time payment over The Clearing House RTP® network, and is a member of the U.S. Faster Payments Council....
FIS Named Best-Performing Payments Gateway
February 2, 20214 min
Financial technology leader FIS® (NYSE: FIS) announced today that its U.S. eCommerce Platform has been named the best-performing payments gateway for the second straight year by The Strawhecker Group (TSG) in its 2021 Real Transaction Metrics Awards. The Best Performing Gateway award is based on TSG’s Gateway Enterprise Metrics (GEM) Index, an overall scorecard for gateway metrics based on five key areas (gateway minute outage, gateway uptime, transaction speed, transaction success rate, and authorization rate). The GEM platform uses...