CardWeb.com’s CardExecs database of payments industry movers and shakers today features Francisco D’Souza, Chief Executive Officer of Cognizant.
Android has the largest worldwide market share because Google lets partners adapt and expand Android with hardware and software variations. The primary challenge is to establish a center of gravity that will pull the Android value chain toward a common payment implementation.
CT-based Choice Merchant Solutions has launched a new division designed to extend the benefits of international e- commerce business to domestic clients by offering affordable credit card processing services that enable U.S. businesses to compete on a global scale.
Visa profits for the fourth calendar quarter increased 11.5% year-on-year (Y/Y) to $1.57 billion and soared 46.0% sequentially. Visa took a $450 million pre-tax litigation provision, or $283 million on an after-tax basis, in the third quarter related to the interchange multi-district litigation case.