HomeATM (Free subscription) | 19/11/2009
New York, Nov. 17, 2009 -– ACI Worldwide, Inc. (Nasdaq: ACIW), a leading international provider of electronic payments software and solutions, today announced that it has entered into an agreement to acquire Euronet Essentis Limited (Essentis), a division of Euronet Worldwide. Essentis, based in Watford, UK, is a leading provider of payment solutions for card issuing and merchant acquiring around...
Piper Report on Health Care (Free subscription) | 19/11/2009
Payment reform is an integral part of national and state-based health reform efforts. Indeed, payment reform is essential to moving from quantity-based reimbursement to a performance-based health care system. That is, moving from fee-for-service to fee-for-value. Payment innovations, such as global payment, are designed to reward efficiency and higher quality, while supporting providers as they invest...
Business Wire (Free subscription) | 18/11/2009
MINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global money transfer company, announced today that it would temporarily reduce its money transfer service fee from all U.S. and Canada agent locations to El Salvador from Nov. 18 to Dec. 2. MoneyGram offered the temporary fee reductions in the days after Hurricane Ida to support Salvadorans recover from this deadly storm....
HomeATM (Free subscription) | 18/11/2009
Global Payments to sell money transfer units to Palladium Equity US-based transaction processor Global Payments has agreed to sell its money transfer businesses to private-equity firm Palladium Equity Partners in a deal that could be worth up to $110 million. According to Finextra, Global Payments will receive between $85 million and $110 million, based on the operating performance of the business...
Payment News (Free subscription) | 18/11/2009
Global Payments has announced that it has signed an agreement to sell its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners, LLC. Under the terms of the agreement, Global Payments will receive proceeds in the range of $85 million to $110 million based on the operating performance of the business determined at the time of closing, which is subject to...
Payment News (Free subscription) | 17/11/2009
MasterCard has announced that starting in 2010, MasterCard's financial institutions will have the capability to offer MasterCard cardholders money transfers from any MasterCard or Maestro card to any other MasterCard or Maestro card. According to MasterCard, "this global card-to-card money transfer service will expand the usability and value of MasterCard products and global payments network by...
Market Wire (Free subscription) | 16/11/2009
JOHANNESBURG, SOUTH AFRICA (MARKET WIRE) Net 1 UEPS Technologies Inc. ("Net1" or the "Company") (NASDAQ: UEPS)(JSE: NT1) announced today that Dr. Serge Belamant, its Chairman and Chief Executive Officer, plans to sell up to one million shares of his personal holdings in the Company. The sales will occur in the open market at the prevailing market price and will be subject to regulatory...
HomeATM (Free subscription) | 13/11/2009
Program provides members with faster transactions, lower fees and a text message when funds are collected MINNEAPOLIS----MoneyGram International (NYSE:MGI), a leading global payments company, today announced the expansion into Canada of MoneyGram Rewards, a loyalty program that offers members fee discounts, receive notices, and fast and convenient money transfers. MoneyGram Rewards was introduced...
Washington Post (Free subscription) | 07/11/2009
In one of the largest consumer payouts of its type, MoneyGram International has agreed to fork over $18 million to the Federal Trade Commission to settle charges that it knowingly allowed con artists to use its operation to swindle U.S. consumers out of millions of dollars.
PR News Wire (Free subscription) | 05/11/2009
JOHANNESBURG, Nov. 5 /PRNewswire-FirstCall/ -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (Nasdaq: UEPS; JSE: NT1) today announced results for the three months ended September 30, 2009. Revenue during 1Q 2010 was $65.5 million, a year over year decline of 4% in US dollars ("USD") and 3% in constant currency. Earnings per share under US generally accepted accounting...
Red Orbit (Free subscription) | 05/11/2009
JOHANNESBURG, Nov. 5 /PRNewswire-FirstCall/ -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (Nasdaq: UEPS; JSE: NT1) today announced results for the three months ended September 30, 2009.
Business Wire (Free subscription) | 05/11/2009
MINNEAPOLIS--(BUSINESS WIRE)--MoneyGram International (NYSE:MGI), a leading global payments company, today announced the expansion into Canada of MoneyGram Rewards, a loyalty program that offers members fee discounts, receive notices, and fast and convenient money transfers. MoneyGram Rewards was introduced in the United States in 2008, and expanded earlier this year into Germany, Spain and France....
Payment News (Free subscription) | 05/11/2009
Three new job openings for payments professionals have recently been posted on PaymentsJobs.com: Director, Product Implementation for Dynamics (New York City) Technical Project Manager - Global Payments for Earthport USA (New York City) Account Manager - Merchant e-Solutions (Redwood City, CA) Are you hiring? Post your job openings on PaymentsJobs.com - $200 for a 30 day listing!
Smart Card Alliance (Free subscription) | 05/11/2009
Seek Payment Certification to Help Banks Start 2010 NFC Mobile Payment Rollouts Aix-En-Provence, France, November 5, 2009 –INSIDE Contactless, a leading provider of advanced, open-standard contactless and near field communication (NFC) chip technologies, and TWINLINX, an innovative market entrant providing NFC technology platforms and applications, today revealed they are working together on...
Business Wire (Free subscription) | 04/11/2009
CHICAGO--(BUSINESS WIRE)--Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value. The four highlighted picks are: Compellent Technologies, Inc. (NYSE: CML), T....
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