After a haircut in its IPO earlier this week, to $9.00 per share, Square’s first day of trading yesterday soared more than 60%, closing at $13.07. It was expected to price in the $11 to $13 range but there has been growing skepticism among institutional investors in regard to tech unicorns.
MUFG Union Bank has unveiled the launch of its Commercial Card Program designed for corporate clients’ procure-to-pay needs.
CardWeb.com’s CardData database of Company Profiles today features Barracuda Networks.
CardWeb.com’s CardData database of Company Profiles today features WEX.
UK-based eMerchantPay has joined the UATP Network as a Master Merchant to help online travel agencies and booking engines reach out to new business travel customers by accepting UATP.
NCR Corporation, the global leader in consumer transaction technologies, today announced that Dos Toros, New York’s west coast-style taqueria, has selected and rolled out a complete NCR restaurant technology solution to help improve the customer experience and efficiency of its business across its growing New York City sites. Opening its first store outside of Manhattan…
MasterCard announced the appointment of two Co-Presidents for the Asia/Pacific region – Ling Hai and Ari Sarker; as well the creation of two sub-regions – North East Asia and Australasia (NEAA) and South East Asia and South Asia (SEASA). The new sub-regions are in recognition of the growing importance of Asia/Pacific as a whole as it houses two of the region’s biggest markets – China and India – and reflects a more focused approach for these diverse markets.
For the first time in Latin America, MasterCard rolled out in Chile a digital payment and shopping technology present in world-class stadiums. Called Qkr!, the app is available for Android and iOS devices and was developed by the company internationally under the “quicker” concept to make online shopping faster. This technology provides customers with faster, more convenient and secure transactions at places such as sports stadiums so customers can skip lines altogether.
The vast majority of Americans (90 percent) recognize the importance that access to credit plays throughout their life, according to the new Chase Slate Credit Survey. However, when it comes to awareness of their personal credit health there are gaps. Nearly four-in-ten Americans (39 percent) admit they do not know their current credit score, and more than half (52 percent) do not know that paying bills on time is the factor that has the largest impact on their credit score.
Elavon, a leading provider of payment solutions and subsidiary of U.S. Bancorp (NYSE: USB) has signed a multi-year agreement with Wyndham Hotel Group to integrate secure payment technology for approximately 4,500 of the company’s more than 7,600 hotels over the next 18 months.
NCR Corporation announced that Gibraltar International Bank has chosen NCR and local channel partner BSG Computer Systems to deliver the latest NCR intelligent deposit ATMs and NCR software solutions. The NCR solutions are expected to increase transactions through the more convenient ATM channel, available 24/7 in a range of locations in Gibraltar. This transition will improve customer experience by freeing bank staff to interact with customers on other high-value banking services.
EverBank Financial Corp announced that EverBank has entered into an amended consent order with the Office of the Comptroller of the Currency and will continue to work toward the completion of all remaining actionable items related to its foreclosure programs identified under an April 2011 consent order with federal regulators.