Square has ankled Lord Paul Deighton for its Board of Directors. Deighton served as the United Kingdom’s Commercial Secretary to the Treasury, CEO of the London Organising Committee for the Olympic Games and Paralympic Games, and as a partner at Goldman Sachs. Deighton most recently served as the United Kingdom’s Commercial Secretary to the Treasury,…
CA-based Applied Merchant Systems (AMS) acquired a strategic ISO with over 10,000 merchant accounts contributing over $2.2 billion in annual processing volume.
Merchant acquirer and payments technology and services provider for SMBs, TransFirst, owned by buyout firm Vista Equity Partners, has filed for an IPO. Shares to be listed on the Nasdaq under the symbol “TF” with an IPO size of $100 million.
First Data expects to raise $3.7 billion in its initial public offering. The deal involves 160 million shares of its Class A common stock. The initial public offering price is expected to be between $18.00 and $20.00 per share.
The CardLinx Association announced their latest collaboration forum on September 22nd in the Seattle area. This forum will focus on the increasingly important role of data in digital commerce.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Eckard Heidloff, President & CEO of Wincor Nixdorf
CardWeb.com’s CardData database of Company Profiles today features Acculynk.
Prepaid card king Green Dot reported Q1/15 of 43% year-on-year (YOY) to $227 million. The Company was negatively impacted by approximately $12 million resulting from fewer reload transactions. Greendot also shuffled its CFO.
Billtrust has raised $25 million in new funding, led by Goldman Sachs Private Capital Investing and existing investor Bain Capital Ventures.
Costa Mesa, CA-based Payoff has added Arkadi Kuhlmann, CEO of Zenbanx to its Board. Kuhlmann is a serial entrepreneur, best known for founding ING Direct.
Former Visa CEO Joe Saunders has joined the Board of CA-based Payoff, a technology-enabled, consumer-focused financial services company. Startup Payoff also snagged Arianna Huffington for its Board.
Wallaby Financial mobile and web-based credit card optimization solutions launched Wallaby for Android Wear. The product introduction further extends Wallaby’s position as the leading provider of financial services apps for wearable devices, smartphones and web. The broad market appeal of Wallaby’s credit card optimization solutions has carried over to a broad range of form factors and feature sets including Google Glass, Pebble, and Samsung devices. Android Wear offers a number of features that enhance the inherent usability of Wallaby’s credit card intelligence and recommendations. Wallaby for Android Wear allows users to activate key commands by voice in addition to other user input techniques. The app also enables users to review their current credit utilization and available credit balances directly on their device.