TransFirst and TRIARQ Health, a performance management services and clinically-integrated care coordination provider for independent medical practices have teamed.
Fitch Ratings has published the latest issue of its Capital Structure and Covenant Analysis for the 50 Largest U.S. Leveraged Issuers and thr average enterprise value/EBITDA market multiple for the Fitch 50 increased from 11x to 14.7x, far exceeding the average market valuation multiple across all sectors, which decreased from 10.2x to 9.9x.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Gonzalo Gortázar, Chief Executive Officer of CaixaBank.
CO-OP Financial Services has beefed-up CO-OP Revelation advanced analytics solution powered by Saylent’s Card360.
According to consumers worldwide, financial institutions excel at leveraging digital technology to meet convenience, choice and access needs of customers, but banks have permission to do more to become trusted advisors and move the banking relationship beyond transactional convenience to the center of the consumers’ living experience.
Jacksonville-based The Transaction Group (TTG) is providing free EMV terminals and PIN pads. TTG intends to provide merchants with a hi-tech EMV terminal to handle chip card transactions, as well as a customer-facing PIN pad with an EMV port so that the customer has possession of their credit card through the transaction process.
Ecwid has unleashed Ecwid POS-to-Online, a revolutionary new way for retailers with cloud-based point of sale (POS) systems to instantly publish products on the web and sell easily in-store and online. No matter if a customer buys a product online or offline, a merchant’s catalog, inventory, customer and transaction information always remain in sync.
The nation’s second largest Visa and MasterCard issuer continues to struggle with sluggish outstandings and purchase dollar volume (PDV) growth, but credit card quality continues to improve. However, Bank of America’s signed up 1.3 million accounts in the second quarter, an 18% year-on-year (YOY) gain, the highest level since Q3/08, but yield fell 22 basis points (bps) in Q2/15.
U.S. Bank (USB), one of the nation’s largest commercial card issuers, posted a paltry 1.1% gain in year-on-year (YOY) outstandings, a weak 4.1% gain in consumer and commercial purchase dollar volume (PDV), as card income crept up a mere 2.7% YOY, according to CardData.
The worldwide economy continues to heat up as spending in Ireland soars 5.6% year-on-year (YOY) in June. Online spending accelerated by 13.6% YOY also in the second quarter.
The stoogey European Commission (EU) is giving MasterCard a lot of grief alleging its rules prevent banks from offering lower interchange fees to retailers based in another Member State of the European Economic Area (EEA), where interchange fees may be higher.
San Francisco-based InMobi, a mobile advertising platform has unveiled Miip, a revolutionary discovery platform that transforms advertising into moments of discovery for users and set to turn the market upside down.