ADS 3Q/15
Dallas-based Alliance Data Systems reported third quarter revenue increased 20.5% year-on-year (YOY) to $1589 million. However, net income for 3Q/15 declined 20.9%to $130.4 million.
MoneyGram 3Q
Dallas-based MoneyGram continues to turn the corner following the loss of the Walmart account last year, as U.S.-to-U.S. transactions declined 2% in 3Q/15, compared to a 40% decline in 4Q/14.
GIACT Exec
Dallas-based GIACT Systems, provider of real-time data for payment risk analysis, has hired Jeff Givens as executive vice president of sales. The longtime technology industry veteran will lead GIACT’s sales organization as well as develop strategic partnerships and channel sales.
GreenCoinX
Toronto-based GreenCoinX has formed an Advisory Board to assist in the further development of GreenCoinX, the world’s first identifiable crypto currency. GreenCoinX identifies users and facilitates the collection of user defined optional taxes by worldwide governments.
Avalon Solutions Funding
Dallas-based Avalon Solutions Group, the mother of myOmny and a technology company focused on the development of Software as a Service (SaaS) based solutions to support merchant payment processes for small businesses, announced today a $5 million funding deal.
ADS Q2/15
Dallas-based Alliance Data Systems reported second quarter revenue increased 19% year-on-year (YOY). Card Services rose 27%, Epsilon revenue increased 39%, while LoyaltyOne revenue decreased 15%.
Money-On-Mobile Q1
Mumbai-based Money-On-Mobile continues to rack up strong numbers in usage for its mobile payments service. The company, a subsidiary of Dallas-based Calpian, had 8.3 million total users in February, with 4.04 million repeat users.
ADS Nov Metrics
Dallas-based private label credit card specialist Alliance Data Systems (ADS) reports delinquency and charge-offs declined again in November. The trend mirrors the bank credit card market.
Calpian & Apple Pay
Dallas-based Calpian has successfully enabled Apple Pay for its merchant customers as they respond to growing consumer interest in the new mobile payment service. In the process of updating equipment and installing Apple services, Calpian merchants report experiencing multiple benefits, including increased security and faster throughput at checkout.
Onyx Payments + WPS
Dallas-based Onyx Payments has acquired Spain-based Worldwide Payment Services (WPS). The deal comes on the heels of the company’s acquisition of Net Trans Services last month.
M-O-M Sept
Mumbai-based Money-On-Mobile reports 7.9 million users in September. Money-On-Mobile is a mobile payments service provider for Indian consumers.
Blackhawk + Parago
Prepaid card specialist, Blackhawk Network, has inked a deal to acquire Parago for about $290 million. Parago is a provider of end-to-end engagement management programs for consumers, sales channels and employees has more than 250 customers, including Fortune 100 companies, multi-national corporations and global consumer brands.