First Data Corporation, based in Atlanta, Georgia and a worldwide leader in the payment processing industry released a prepaid cards services called SpendTrend Closed-Loop. They released the analysis records for users in the United States and compared redemption, activation, and reload rates by brands, spending and gift trends. Merchants that offered prepaid programs were more ...
Hypercom Corporation, one of the worldwide leaders when it comes to payment technology that delivers the best in class security, software solution, payment products, and services, today announced that Banco Nacional de Costa Rica, a bank based in Costa Rica and one of the country’s largest, having well over 160 branch and offices through the ...
Cardlytics, a marketing company that provides consumer transaction behavior trends data to banks and merchants, today announced that it has raised $18 million in growth funding to support the expansion of the company. Kinetic Ventures and ITC Holdings were the top investors along with others companies who had invested in Cardlytics in the past such ...
Download complete report Green Dot Corporation, a company based out of Monrovia, California and a leading provider of prepaid financial products, put out its 2010 second quarter financial results today ended June 30. The company experienced 48 percent growth revenue at $92.8 million in Non-GAAP and 20 percent growth in Non-GAAP Net Income at more ...
Download complete report Bottomline Technologies, a Portsmouth, New Hampshire based company and one of the leading provider of invoice management, document automation, and collaborative payment solutions for businesses, today put out a press release reporting the company’s Fourth Quarter financial report ended June 30, 2010. The company experienced a 19 percent revenue growth during the ...
News out of Little Rock, Arkansas is that the States’ (http://arkansas.gov/m) online mobile payment services has become so popular with citizens that it is the most widely use smartphone services the state government offers its residence . In 2009, the state of Arkansas announced they have started to offer users an alternative payment platform via ...
Credit unions all over the United States had a big victory Thursday, July 29, 2010 when during the night the Senate committee approved an amendment to get rid of certain provisions that would have limited interchange rate on government credit card transactions. Because of the amendment, a particular bill that is key which was included ...
The National Retail Federation (NRF), the largest association in the world for retailers with partners in more than 44 countries overseas, said that a new study conducted by the Federal Reserve reveals how low-income individuals bear the added credit card swipe fee imposed by merchants when customers use credit card resulting in transfer of income ...
The worst case scenario under the Dodd-Frank Bill, the new federal law regulating interchange, financial institutions and other MasterCard and Visa debit card providers could lose more than $10.7 billion per year. These figures were provided by News analysis from Digital Transactions. This was the worst case scenario painted by Digital Transactions but what is ...
Family Dollar, Inc and Western Union put out a release today that the two companies have signed an agreement for Family Dollar to offer Western Union® goCASHSM money transfer service at their more than 6,400 retail locations across the U.S. The agreement broadens Western Union’s reach by allowing them to offer the same services found ...