TSG/ETA Spending Snapshot | Apple/Goldman Teaming Up | Wendy’s Breach Settlement
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Adyen launches open banking-powered payment method
Finextra Dutch payments platform Adyen has launched a new, open banking-powered, alternative to card transactions.Taking advantage of the EU’s PSD2 requirement for banks to create APIs that let third parties initiate payments on behalf of »
ETA/TSG U.S. Spending Snapshot: Overall Growth of Consumer Spending Via Electronic Payments Doubled Year-Over-Year in 2018
Growth in consumer spending via electronic payments like credit cards, debit cards and mobile wallets more than doubled year-over-year from the third quarter (Q3) 2017 to the third quarter (Q3) 2018, according to new analysis »
JPMorgan to Launch a U.S. Dollar-Backed Cryptocurrency
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JPMorgan is creating its own cryptocurrency
CNN JPMorgan Chase, the nation’s largest bank, is launching its own cryptocurrency.Dubbed JPM Coin, the cryptocurrency has a fixed value redeemable for one US dolllar. It won’t trade freely like bitcoin and many other cryptocurrencies.JPMorgan »
ACI buys RevChip, TranSend assets, launches cloud-based payments, POS platform
ACI Worldwide has acquired the technology assets of RevChip, a firm that provides software for Apple Pay, and TranSend, an affiliated data migration firm, according to company officials. ACI plans to launch a service, in »
Now Available: Stripe Company Analysis
TSG has released its newest eReport as part of its Company Analysis Series. This edition focuses on Stripe, a rapidly growing payments company. Did You Know? Stripe recently reached a value of $22.5B, making it the sixth most valuable »
Visa Boosts Offer for Earthport in Battle With Mastercard
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Webinar – Benchmarking Your Gateway
Join TSG’s Gateway Enterprise Metrics (GEM) team as they explore the best methods to benchmark payment gateways from the merchant, developer and performance perspectives. Register today for this complimentary webinar. Webinar will take place at 12 »
The Strawhecker Group Promotes Alexandra Bruening to Senior Director of Finance
Omaha-based payments consultancy, The Strawhecker Group (TSG), is pleased to announce the promotion of Alexandra Bruening, CPA to Senior Director of Finance. In addition, Allie has been named to TSG’s Board of Directors. Since joining »
Oxman to Step Down as ETA CEO
Electronic Transactions Association The following quote can be attributed to Kevin Jones, CEO of Celero Commerce, and Chairman and President of ETA: “We are grateful to Jason for his service as ETA’s CEO at a »
Now Available: Payments Industry 301
TSG is releasing its newest eReport, Payments Industry 301, which provides a detailed look into the future of payments. Payments are changing and the change will touch every part of the ecosystem. Players who embrace and drive »
Integrating Fiserv and First Data Could Take Up to a Decade, Report Says
Digital Transactions “The integration of two companies of this scale will undoubtedly be a challenge—the short-term shock will take more than 18 months to recover from, with longer implications (culture, systems, etc.) possibly resulting in »
TSG in Digital Transactions: Integrating Fiserv and First Data Could Take Up to a Decade, Report Says
The proposed mega-deal that has Fiserv Inc. buying First Data Corp. for $22 billion presents integration issues that could take up to 10 years to iron out, according to a new report. “The integration of »
A new Square debit card makes it easy for businesses to spend their Square revenue
TechCrunch Square is announcing a new debit card, called the Square Card, which will allow businesses to withdraw and spend the money they’re bringing in through Square payments. In a conference call with reporters, the company laid »
Fiserv to buy First Data in $22 billion stock deal
Reuters U.S. financial technology provider Fiserv Inc said on Wednesday it will buy payment processor First Data Corp in a $22 billion deal, making it one of the largest acquisitions in the financial technology sector. »
The Strawhecker Group (TSG) Announces Retirement of CFO David Laferla
Omaha-based analytics and consulting firm, The Strawhecker Group (TSG) is announcing the retirement of its Chief Financial Officer, David Laferla. Laferla has led TSG’s Finance department for the last thirteen years taking it from its »
