NJ-based Heartland Payment Systems (HPS) reported Small and Mid-Sized Enterprise (SME) transaction processing volume was a quarterly record $23.8 billion for Q2/15, up 16.5% from the second quarter of 2014, the fourth consecutive quarter of double-digit acceleration. Quarterly net revenue was a record $203.9 million, up 27.9% from the second quarter of 2014, with organic net revenue growth of 12.5% for the quarter.
Mobile point of sale (mPoS) growth continues as the technology deepens its reach across vertical industries, merchant tiers and geographies. It is now projected he global mPoS installed base will grow from 13.3 million units today to 54.03 million units in 2019.
Naples, FL-based ACI Worldwide reported overall sales bookings for the second quarter (Q2/15), including term extensions, increased 24% year-on-year (YOY).. New sales bookings, net of term extensions (SNET), increased 18% compared to the prior year quarter.
Alliance Data’s Epsilon business has inked a new long-term agreement to provide co-brand affinity credit card services for Univision Communications (UCI), the leading media company serving Hispanic America. Alliance Data’s Epsilon business also currently provides marketing services and data services to UCI.
Millennials have now passed baby boomers as the largest segment of the U.S. population, this digitally independent generation is still much less savvy than older generations when it comes to their finances and credit management.
Customer search patterns and the ability to attain information in an instant is changing the way consumers choose banking products, according to a new commissioned study conducted by Forrester Consulting on behalf of Deluxe Corporation.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Marc Chini, Executive Vice President and Human Resources Leader of Synchrony Financial.
Playphone, recently acquired by premier game developer GungHo, has inked a partnership with Gamania Digital Entertainment (GASH), a leading Asian online game publisher based in New Taipei City, Taiwan.
Virtual Piggy, provider of the award-winning payment technology Oink, announced the Neon release of their iOS app with added money transfer functionality using P2P technology.
CardWeb.com’s CardData database of Company Profiles today features MagTek.
CardWeb.com’s CardPixes database of more than 7,000 images today features the Barclaycard Ring Platinum MasterCard.
MasterCard and Samsung are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies.