American Express CFO Dan Henry says the impact of the recent swipe fee settlement on payment network performance will be moderated by two significant factors, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Target Corp. expressed its strong dissatisfaction with the payment network swipe fee settlement through plain language in a recent release. 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...
LevelUp made news about a week ago when it announced that it was eliminating interchange fees for its merchant customers. Instead, LevelUp said it would assess a fee based on the value of the promotions redeemed by the customers of its merchants. This move was...
Fidelity National Information Services (FIS) posted what appear to have been strong earnings last Tuesday. Revenues of $1.46 billion were in line with investor expectations, while the company’s second quarter EPS beat the Wall Street consensus estimate by $0.06. But the company’s stock price fell...
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More and more consumers are getting comfortable with social commerce. According to data collected by Monetate, 41 percent of shoppers prefer logging into an eCommerce platform through a social media account rather than a separate login — up from 28 percent just a year ago....
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Members of the House Committee on Financial Services were familiar with Jim Purcell’s background prior to his appearance at a hearing last Thursday: Purcell is CEO at State National Bank of Big Spring, and one of the key individuals behind a lawsuit challenging the constitutionality...
TSYS Signs Multi-year Agreement with Bank of America 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 newsletter, PYMNTS Today. By completing this form, you...