MasterCard Inc. this morning reported a 10% increase in worldwide first-quarter purchase volume, to $759 billion from $690 billion a year earlier, as the number of MasterCard- and Maestro-branded cards jumped over the 2 billion mark. Gross dollar value of MasterCard sales reached $1.05 trillion,...
Just a few months after kicking off the sale of its Apple iBeacon competitor Gimbal, parent company Qualcomm has decided to spin the bluetooth technology company off into a stand-alone business that will be known as Gimbal from May 2014 onward. Get the Full Story...
Who didn’t feel the brunt of the brutal winter? Well Green Dot did, but not enough to jar Q1 results. An unexpected one-time revenue event, plus a bump on active cards and purchase volume gave investors something to smile about.
Epicor Software Corporation, offering business software solutions for manufacturing, distribution, retail and services organizations, introduced Epicor Commerce Connect. Epicor Commerce Connect is an eCommerce platform management solution for Business-to-Business (B2B) and Business-to-Consumer (B2C) companies that help Epicor ERP customers develop unique websites and manage them....
The association says that many investors may not be aware about the many risks that come with investing in virtual currency.
According to reports, Apple wants to incorporate mobile payments into the new phone.
This framework addresses the fundamental challenge faced by the U.S. debit payments industry: how to implement EMV for debit cards with the flexibility to meet compliance guidelines established by the Federal Reserve.
Experts Say Realtime ACH Payments Will Become a Reality Within Two Years
Transaction processor First Data Corp.’s first-quarter performance was a mixed bag, as its Financial Services and International segments showed year-over-year revenue gains, while Merchant Solutions (formerly called Retail and Alliance Services) saw revenues drop slightly. Get the Full Story Complete the form to unlock this...