GPN + HPY
Atlanta-based Global Payments has inked a definitive agreement to acquire NJ-based Heartland Payment Systems.
The cash-and-stock transaction is valued around $4.3 billion.
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.
ACI 3Q/15
Naples, FL-based ACI Worldwide reported third quarter revenue of $238.7 million, a 4.2% decline from 3Q/14. Net income for 3Q/14 of $14.78 million also declined by 6.1% from $15.73 million one-year ago.
Wirecard 3Q/15
Wirecard reports consolidated revenues grew by 29.3% in the nine months ending September 30. Sales revenues increased in the nine month period 2015 by 27.5% to EUR 541.0 million.
Green Dot 3Q/15
CA-based prepaid card specialist Green Dot reported financial reported consolidated GAAP and non-GAAP total operating revenues of $146.4 million and $146.5 million, respectively, following the major loss of MoneyPak. Green Dot generated net cash from operations of $114 million year to date.
Visa + Europe
Visa and Visa Europe have inked a definitive agreement for Visa to acquire Visa Europe, creating a single global company. The transaction consists of upfront consideration of €16.5 billion with the potential for an additional earn-out of up to €4.7 billion payable following the fourth anniversary of closing, for a total value of up to €21.2 billion.
Wirecard + GI
Great Indian (GI) Retail Group, one of India’s and South East Asia’s leading electronic payment and retail-assisted e-commerce groups, has been acquired Germany’s Wirecard.
Ingenico + Worldpay
UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
Wirecard 1H/2015
Wirecard reported revenues increased in the first half of 2015 by 26.5% to EUR 340.1 million. In the second quarter of 2015, consolidated revenues increased by 26.7% to EUR 180.7 million. Transaction volumes processed through the Wirecard platform rose in comparison to the first half of 2014 by 30.3 percent to EUR 20.2 billion.
Other Breaking News
In today’s CardFlash News Que: MERCATOR (EMV); CONSTELLATION (EMV); RESEARCH & MARKETS (Kazakhstan); and INTELLICHECK (Q2).
Green Dot Q2/15
Green Dot continues on a roll with gross dollar volume soaring by 10.9% year-on-year (YOY).Total operating revenues on a generally accepted accounting principles (GAAP) basis increased 16% to $170.2 million for the second quarter of 2015 from $147.0 million for the second quarter of 2014
Bankrate Q2/15
Bankrate reports unique visitors to its flagship CreditCards.com site increased 16% year-over-year. In April 2015 CreditCards.com redesigned its website and incorporated mobile responsive design features. During Q2 2015, total mobile device card approvals increased by 20% compared to Q1 2015.