acquiring banks

How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts
How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts
December 29, 2021  |  artificial intelligence

Acquiring banks face a profitability challenge: Just 53% of the merchants they have on their platforms are turning a profit. The rest of their merchant...

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iOffer Putting A Dent In The $1.5T Counterfeit Goods Business
iOffer Putting A Dent In The $1.5T Counterfeit Goods Business
March 22, 2019  |  Mastercard

In the U.S. and worldwide, counterfeiting is a large, lucrative business worth between $1.2 trillion and $1.5 trillion annually, according to the International AntiCounterfeiting Coalition...

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TIAA Inks $2.5 Billion Deal To Buy EverBank
TIAA Inks $2.5 Billion Deal To Buy EverBank
August 09, 2016  |  Partnerships / Acquisitions

TIAA, the financial services company, inked a deal on Monday (Aug. 8) to acquire EverBank for $2.5 billion. The deal, which was approved by both...

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