Cannabis is the Fastest Growing Payments Segment in the U.S.

Eight states and the District of Columbia now allow the recreational use of marijuana, while another 28 states permit its use for medicinal purposes. In what has been touted as the fastest-growing industry in the U.S., investment opportunities in the cannabis space appear boundless. Companies are all employing a “no-touch” approach to their cannabis business…

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Chase Names New President of Co-Brand Credit Cards

Chase has ankled Leslie Gillin to succeed Richard Quigley, who retired in late 2016. Gillin will manage Chase partnerships with some of the world’s most prominent brands as President of Chase Co-Brand Credit Cards. Gillin has more than 25 years of experience in the global credit card business and has held senior marketing, product and…

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Clearent PAI Acquisition Adds 17K Customers, a Telesales Team, and Strategic Partners

Clearent has completed its acquisition of Payment Alliance International’s (PAI) Merchant Services Division. The acquisition adds support and operations resources, a complementary telesales channel, strategic association partnerships, and increases Clearent’s processing volume by 40%. PAI’s Merchant Services Division is a provider of payment processing solutions for businesses, Independent Sales Organizations (ISOs), agents and associations, and…

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i2c Lands First Data Executive as EVP of Client Services

CA-based i2c, a provider of smarter payments and integrated commerce solutions, has ankled Peg Johnson as executive vice president of Global Client Success to oversee global operations of its client services and customer success organizations. Ms. Johnson has over 20 years of experience running global service delivery teams in the payments industry, working with the…

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New Pay-at-Table Terminal Set to Revolutionize the U.S. Restaurant Market

The PrestoPrime EMV Terminal by E la Carte has hit the U.S.market. The new terminal a pay-at-table experience available on the market, with high levels of security available along with future-proof capability and guest and server ease-of-use. The new PrestoPrime EMV Terminal is the successor to E la Carte’s current Presto System, which is operational…

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Global Payments Gateway Market to Rise Double-Digits for Next 5 Years

The global payment gateways market is expected to grow at a CAGR of close to 17% between 2017 and 2021. Technavio says the market is further categorized into the following segments based on end-users, which include large enterprises, micro and small enterprises, and mid-sized enterprises. The large enterprises segment dominated the market with more than…

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China’s UnionPay Inks EMV Card Deal with Philippine’s Asia Payment Network

UnionPay has made new progress in driving the rollout of products and services in overseas markets through exporting technical standards after reaching chip card standard licensing cooperation with Asian Payment Network (APN). UnionPay International has signed a card issuance agreement with the Philippine switch network, BancNet. The two will jointly promote large-scale issuance of UnionPay…

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How Rising Programmatic U.S. Spending Can Raise eCommerce ROI

U.S. programmatic spending continues to rise – it is expected to surpass over $27 billion by the end 2017, according to e-marketer. Today, the question is no longer “Will we use Programmatic?” but rather, “How will we use Programmatic?” Despite programmatic’s growth and widespread adoption, many marketers still struggle with how to best leverage it to…

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First Data and ShopKeep Team for Clover POS

First Data and ShopKeep have expanded their partnership to First Data’s Clover platform. ShopKeep is a cloud-based technology solution that transforms an iPad into a smart, connected cash register. First Data will make ShopKeep’s POS software available through First Data’s vast distribution network including major bank partners, retail partners, and its network of independent sales…

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