October 06, 2012
Strong Week For Payments As Network, Prepaid Stocks Soar
After two consecutive weeks of decline, the payments industry rebounded in a big way this week, seeing an overall 3.10 percent gain as well as growth within each subset of...
September 23, 2012
Acquirer/Processer Industry Loan Bright Spot In Down Week For Payments
Five acquirer/processor companies had strong showing on the stock market, but that’s just about the only positive news as the payments industry fell a total of -0.51 percent this week....
September 18, 2012
Gemalto, MoneyGram Partner For International Mobile Transfers
Money transfer provider MoneyGram and digital security servicer Gemalto have partnered for the ‘LinqUs Mobile Money” international mobile transfer system. Customers will be able to make mobile international transfers to...
September 16, 2012
Remittances, Networks, Green Dot Have Strong Weeks
The remittance and network industries had strong showings on the stock market this week, with the former industry gaining nearly five percent and the latter over three percent. The remittance...
September 09, 2012
Acquirer/Processor and Remittance Industries Close A Strong Week
Thanks to a quintet of companies who saw gains of over two percent, the Acquirer/Processor industry had a very strong week, growing 2.72 percent as an industry. ACI Worldwide Inc.,...
August 29, 2012
MoneyGram, UnionPay Expand Emergency Cash Services
MoneyGram has reached an agreement with UnionPay to expand its emergency cash services to the Chinese card organization’s credit cardholders. The amount of emergency cash a cardholder can receive is...
August 26, 2012
Net1, POS Industry Have Strong Week, Prepaid And Remittance Fall
Net1 UEPS, is payments’ biggest stock market winner this week, seeing a 20.05 percent rise to $9.88 a share and a market capitalization of just over $450 million. The South...
August 11, 2012
Two Major POS Specialists Lose; Remittance, Prepaid Firms Gain
Ingenico and VeriFone Systems each saw their stock prices decrease by more than nine percent over five days of trading last week. Combined, the companies lost roughly $575 million in...
August 07, 2012
PYMNTS Daily Roundup: August 6-7
Eileen Serra Named CEO of Chase Card Services eBay debuts same-day delivery service from local retailers, ‘eBay Now’ Citi to sell Diners Club card issuing UK, Ireland business Cocoa Beach...