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.
Baar, Switzerland-based BPC Banking Technologies has launched SmartVista Host Card Emulation (HCE) solution ready to be implemented as an integrated or stand-alone module or as a service. SmartVista HCE solution is compliant to all functional and security standards set by international payment systems.
ME-based WEX has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global. Through this agreement, all corporate and participating franchise vehicles within ServiceMaster’s network of well-recognized brands including Terminix and Merry Maids, with an estimated fleet size of 6,600, will utilize WEX’s fleet, virtual and analytics solutions.
First Data’s continued losses, laden with debt and milked by KKR minions makes its upcoming IPO for fools. The Company, valued at $40 billion, managed to lose $26 million in the second quarter which it blames on foreign currencies – total mismanagement and lack of foresight.
Atlanta-based Global Payments (GPN) reported Q2 calendar revenues grew 4.9% to $707 million, compared to $674.0 million in the year ago quarter. For fiscal 2016, the company expects annual adjusted net revenue of $2.06 billion to $2.10 billion, or 6% to 8% growth – really?