Heartland Payment Systems (HPY) stockholders overwhelmingly voted to approve the proposed merger with Global Payments (GPN). About 29.7 million shares were voted in favor of the merger proposal. The favorable vote represents approximately 99% of the total Heartland shares which voted on the merger proposal and 80% of the total outstanding Heartland share count. The…
The Consumer Financial Protection Bureau has taken on online payment platform Dwolla for deceiving consumers about its data security practices and the safety of its online payment system. The CFPB ordered Dwolla to pay a $100,000 penalty and fix its security practices. Des Moines-based Dwolla operates an online payment system. Since December 2009, Dwolla has…
ISO Capital Payments, now known as Bluefin Payment Systems, has agreed to settle Federal Trade Commission charges that it enabled a telemarketing scheme called The Tax Club to use merchant accounts to process consumers’ credit card payments. As alleged in the FTC’s complaint, Bluefin Payment Systems, ignored red flags about The Tax Club, such as…
On November 20 IL-based UL purchased Ireland-based Acquirer Systems, a specialist in testing software and tools for validation of complex payment environments.
Revel Systems, an iPad POS specialist, has snagged a big strategic partner deal with Cinnabon, a national bakery.
Bluefin Payment Systems has joined the Applied Systems’ Partner Program as a Solutions Partner and will provide Bluefin’s integrated PayConex payment processing to U.S. independent insurance agencies using Applied CSR24.
In today’s CardFlash News Que: MASTERCARD (golf); REVEL (Tullys); TD BANK (Florida) and ACI (TruMark).
Retailer loyalty programs are not only increasingly digital in nature but also increasingly take any kind of payment”not just private label card payments. The multi-tender loyalty program trend to continue in force, with strong continued uptake over the next two to three years.
Some 15% of Synchrony Financial Services’ private label credit card purchase volume was generated via online and mobile channels, demonstrating the consumer shift to mobile purchasing.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features John Perry, Chief Executive Officer of Bluefin.
Revel Systems’ iPad Point of Sale (POS) platform is going gangbusters. The integrated solution enables restaurants to automatically sync sales, payments, inventory, CRM and payroll data to QuickBooks Online. No other POS solution has this level of integration with QuickBooks Payments and QuickBooks Online.
Atlanta-based Bluefin Payment Systems will provide its Decryptx PCI-validated Point-to-Point Encryption (P2PE) Solution to Heartland Payment Systems’ clients seeking a PCI-validated P2PE solution.