Ohio-based electronic payments processor Vantiv has announced the upcoming launch of its Vantiv Gaming Solutions platform, a press release revealed on September 19. The solution will officially debut at the Global Gaming Expo (G2E) in Las Vegas on September 23, but Vantiv provided a first-look...
Ohio-based electronic payments processor Vantiv announced that former PayPal and Visa executive Daniela Mielke will join the company as its new chief strategy officer (CSO), a press released revealed on September 17. Mielke most recently served as vice president of global strategy at PayPal, and...
There are plenty of ways merchants can justify taking a wait-and-see omnicommerce strategy. They can cite the high cost of investment, the lack of demand from customers or concerns consumers have expressed regarding mobile payments. But, merchants who ignore mobile are neglecting something more important:...
Payment strategy and technology provider Vantiv announced revenue of $297 million for the second quarter of 2013, StreetInsider reported on July 25. This figure came in below the $299.14 million in revenue analysts expected. However, Vantiv posted earnings per share of $0.40 for the quarter,...
IP Commerce is shutting down its payments processing business, citing competition, according to Business Week. Backed by investors such as Intel and Venrock, IP Commerce handles some card processing for companies such as Groupon and had previously been used by Square. “As the commoditization of...
As part of a move to “strengthen issuer relationships,” Visa Offers announced a processing enhancement on May 13 that aims to make altering and redeeming discounts through the platform an easier, more effective experience for both merchants and their customers. “Visa has a long history...
New York-based startup CardFlight announced the launch of its service in private beta on May 8, saying the new tool will provide mobile developers and payment processors with another avenue for connection. Like PayPayl, Square and Intuit, the service includes a point-of-sale system and card...
Payments processor Vantiv has become the first U.S. acquirer to complete MasterCard EMV testing requirements, the company announced in a press release today. The certification allows Vantiv to process EMV transactions for MasterCard, Maestro and Cirrus brands at ATMs and point of sale locations. The...
Optimal Payments and MasterCard have announced a five-year deal that will help grow the Net + Prepaid MasterCard program in Europe, reports Finextra. Optimal Payments has also reached a processing agreement with Vantiv to offer an online payments solution in the U.S., as The Paypers...
