Payments processor TransFirst, which filed for an initial public offering in July, may be an acquisition target instead. Potential buyers include CVC Capital Partners and Total System Services, better known as TSYS, Bloomberg reported. Get the Full Story Complete the form to unlock this article...
One of the logos that wasn’t splashed across the screen during the launch of Apple Pay was PayPal. Bill Ready, CEO of PayPal’s Braintree unit, sat down with MPD CEO Karen Webster to answer some tough questions about whether or not PayPal sees Apple as...
Alibaba will have a record-breaking IPO next week, but it’s Amazon that owns the future of China’s $400 billion online shopping industry, argues Peter Fuhrman, CEO of investment bank China First Capital. Get the Full Story Complete the form to unlock this article and enjoy...
McAllister Industries, a B2B distributor of prepaid phone cards to retailers, plans soon to publicly launch Redde Pay, providing its customers with an online-payments portal that will help them expand what they can sell to include other services, including bill payment, prepaid energy, prepaid wireless,...
An Illinois school district’s use of purchasing cards (P-cards) has resulted in a potential local state’s attorney’s office investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Romania’s use of factoring, where businesses sell their accounts receivable, such as invoices, to a third party at a discount, reportedly was down during the first half of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The General Fund Enterprise Business System, which ties in to the supply-acquisition processes that support U.S. Army missions, is no small operation. It manages more than $220 billion worth of transactions and serves more than 52,000 users at 227 worldwide locations. Get the Full Story...
Gamestop and Alliance Data Systems announced Wednesday (Sept. 10) a GameStop-branded private label credit card program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Walmart and Best Buy have both said that they will not initially accept Apple Pay transactions, the Wall Street Journal reported on Wednesday (Sept. 10). Due to contractual obligations with a competing mobile wallet, MCX (which Walmart founded and still dominates), neither retailer may have...
