TSG in Digital Transactions: First Data Extends Critical Wells Fargo Merchant Joint Venture Through 2024
Payment processor First Data Corp. reported late Wednesday that it has extended its joint venture with Wells Fargo & Co.’s Wells Fargo Bank, which is one of the nation’s largest merchant acquirers and an important »
Now Available: Attractive Vertical Analysis (AVA)
TSG is releasing its newest edition of the Attractive Vertical Analysis (AVA). This report, utilizing data from TSG’s proprietary data warehouse of over 3.6M merchants, lists nearly 300 merchant types and includes key metrics on each of »
Discover redesigns the debit card, introduces Freeze It feature
Finextra Discover is introducing more features and debuting a new debit card design for the Discover Cashback Debit product. Customers of Discover Cashback Debit, previously known as Discover Cashback Checking, will now be able to »
Square announces new tools for its move upmarket
MarketWatch Square Inc. said Thursday that it would start opening up its hardware to developers for the first time, a move intended to help the company attract larger enterprises as clients. The new Square SDK »
Global Payments Reports Second Quarter 2018 Earnings and Announces Agreement to Acquire AdvancedMD
BusinessWire Global Payments Inc. (NYSE: GPN) today announced results for the second quarter ended June 30, 2018. “We delivered double digit organic growth across our markets in the second quarter with results accelerating from the first »
Apple Pay touches 1B Q3 transactions
Mobile Payments Today Apple CEO Tim Cook gushed about the company’s mobile-payment service during a Q3 earnings call Tuesday as Apple Pay saw some 1 billion transactions in the quarter. That figure is triple the »
Chase Pay and Samsung Pay Join Forces
Samsung Starting today, Chase Pay customers with compatible flagship Samsung Galaxy smartphones now have the option to link Chase Pay to Samsung Pay. This means that customers will now be able to use Samsung Pay’s Magnetic Secure Transmission (MST) »
Stripe Introduces Credit Cards
Stripe Stripe Issuing is an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards. It’s infrastructure that enables you to do things like create employee expense cards with dynamic spending limits, generate »
Worldpay runs PoC for ‘Drone Pay’ technology
Finextra: Worldpay is investigating the use of drone technology and ‘contactless doormats’ to combat the growing issue of parcel fraud. Worldpay’s Drone Pay proof-of-concept uses EMV contactless payment card technology to verify the identity of »
PayU buys Israeli payment technology firm Zooz
Reuters Online payment company PayU, a subsidiary of Naspers, said on Monday it agreed to acquire Israeli payment technology provider Zooz to support its expansion in high-growth markets. PayU’s statement, which confirmed an earlier report »
Clearent acquires Compassmax, will combine Compassmax with SPOT
The Green Sheet Clearent Software Holdings, a wholly owned subsidiary of St. Louis-based payments solutions provider Clearent, announced it has completed the purchase of Falmouth, Maine-based Compassmax, developer of comprehensive dry-cleaning point-of-sale software. The deal »
Payment Gateway Award: API Integration
The Strawhecker Group (TSG) is pleased to announce its API Integration Payment Gateway Award winner – Authorize.Net. Powered by TSG’s Gateway Enterprise Metrics (GEM) platform*, the firm is recognizing Authorize.Net due to their excellent performance »
Visa brings digital loyalty program to partner banks in Latin America, Caribbean
Mobile Payments Today Visa has launched Visa Loyalty Solutions, a digital points redemption platform available to all issuing banks in Latin America and the Caribbean, according to a press release. Visa said the loyalty program offers consumers more than a »
Toast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurants
TechCrunch: While massive restaurant chains might have resources to build out their own management systems or integrate with larger point-of-sale providers, Toast — a provider of tools for restaurants to manage their business — is raising a »
