Merchant services

Partnerships Play a Key Role in Fintech's Future

Retrieved on: 
Tuesday, May 16, 2023

The Paypers analyzed the visible decrease in M&A activity as 2022 drew to a close after a prolific three quarters.

Key Points: 
  • The Paypers analyzed the visible decrease in M&A activity as 2022 drew to a close after a prolific three quarters.
  • In addition, AppTech and Broadnet will offer two-way SMS and a suite of SMS tools to the global market.
  • FintechFutures.com, reporting on the top five fintech partnerships in 2022 said, "Working together, individual organizations and firms can achieve more.
  • This year has seen a number of Fintech partnerships spring up as they look to tackle problems, innovate and provide value for consumers across the world."

Enigma announces expanded Sales and Marketing data platform with unparalleled nationwide coverage of SMBs

Retrieved on: 
Wednesday, May 10, 2023

NEW YORK, May 10, 2023 /PRNewswire-PRWeb/ -- Enigma, a data science company that provides a complete and dynamic view of the financial health and identity of U.S. businesses, today unveiled its new Sales and Marketing data platform.

Key Points: 
  • NEW YORK, May 10, 2023 /PRNewswire-PRWeb/ -- Enigma, a data science company that provides a complete and dynamic view of the financial health and identity of U.S. businesses, today unveiled its new Sales and Marketing data platform.
  • The platform marks Enigma's continued growth and commitment to providing the most accurate data about small and medium businesses (SMBs).
  • "Dynamic and real-world financial data about SMBs and private companies is critical for successful sales and marketing success.
  • To see demos of Enigma's data in action, including the Sales and Marketing solution, join Enigma on May 10-11, 2023, at Fintech Nexus , Booth #121.

Deluxe Expands Digital Wallet-as-a-Service Payment Options to Meet the Growing Needs of ISVs, ISOs, Merchants and Consumers

Retrieved on: 
Tuesday, April 25, 2023

This new offering is supported by integrations with leading payment wallets, such as Apple Pay and Google Pay, specially designed for ISOs, ISVs and merchants.

Key Points: 
  • This new offering is supported by integrations with leading payment wallets, such as Apple Pay and Google Pay, specially designed for ISOs, ISVs and merchants.
  • While the company has been supporting wallets for a long time, there has been a surge in demand for digital payment solutions.
  • "Our expanded digital wallet-as-a-service offering is a testament to the power of First American plus Deluxe,” said Neil Randel, CEO of First American and Managing Director of Merchant Services for Deluxe.
  • “Our ability to introduce new payment form factors is further evidence of the power of owning our own platform,” said Michael Reed, President of Payments for Deluxe.

The Wolfe Companies, LLC acquires Reaf Marketing, a leading agency in B2B gift card programs

Retrieved on: 
Wednesday, April 19, 2023

PITTSBURGH, April 19, 2023 /PRNewswire-PRWeb/ -- The Wolfe Companies, LLC (Wolfe), a leader in FinTech specifically centered around gift cards, is pleased to announce its acquisition of Reaf Marketing, an independent agency specializing in B2B gift card sales and marketing for several of the nation's top brands.

Key Points: 
  • PITTSBURGH, April 19, 2023 /PRNewswire-PRWeb/ -- The Wolfe Companies, LLC (Wolfe), a leader in FinTech specifically centered around gift cards, is pleased to announce its acquisition of Reaf Marketing, an independent agency specializing in B2B gift card sales and marketing for several of the nation's top brands.
  • Reaf Marketing is based in Cincinnati, Ohio, and was founded in 2003 to help national retailers build lucrative B2B gift card programs.
  • "We are excited to have Reaf Marketing as part of our family of companies," says Jason Wolfe, Founder & CEO of The Wolfe Companies, LLC.
  • With the acquisition of Reaf Marketing, Wolfe is uniquely positioned to become the premier source for all things gift cards.

Carrefour and MoneyGram Join Forces to Broaden Financial Service Offerings to Carrefour Customers

Retrieved on: 
Friday, April 14, 2023

DALLAS, April 14, 2023 /PRNewswire/ -- Carrefour Group ("Carrefour") and MoneyGram International, Inc. (NASDAQ: MGI) ("MoneyGram"), a leading global financial technology company that connects the world's communities, today announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024.

Key Points: 
  • DALLAS, April 14, 2023 /PRNewswire/ -- Carrefour Group ("Carrefour") and MoneyGram International, Inc. (NASDAQ: MGI) ("MoneyGram"), a leading global financial technology company that connects the world's communities, today announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024.
  • MoneyGram will support Carrefour on the operational management of this new service, including technical implementation, compliance and customer service.
  • "MoneyGram's global expertise in money transfers between individuals will enable us to offer a simple, unified and secure service in eight Carrefour countries.
  • "We are excited to partner with Carrefour and expand our leading services across their global network," said Alex Holmes, MoneyGram Chairman and CEO.

First American by Deluxe Again Named Top 20 U.S. Merchant Acquirer by The Nilson Report

Retrieved on: 
Thursday, April 13, 2023

In its annual ranking of the largest merchant acquirers in the United States, The Nilson Report has again included First American by Deluxe in the Top 20, placing the company at No.

Key Points: 
  • In its annual ranking of the largest merchant acquirers in the United States, The Nilson Report has again included First American by Deluxe in the Top 20, placing the company at No.
  • 19 based on Mastercard and Visa card processing volume.
  • First American’s total processing volume comprises Mastercard/Visa/Discover/American Express and PIN debit transactions which grew to more than $40 billion in 2022, up from $37 billion the prior year.
  • “We are honored to be recognized again this year as a leading merchant acquirer,” said Neil Randel, CEO of First American and Managing Director of Merchant Services for Deluxe.

Chargeback Gurus Announces Appointment of CEO & CMO

Retrieved on: 
Tuesday, March 28, 2023

Tim Tynan has served on the Board of Directors for Chargeback Gurus since August 2021.

Key Points: 
  • Tim Tynan has served on the Board of Directors for Chargeback Gurus since August 2021.
  • “Tim is a true changemaker and innovator with decades of fintech and financial services experience,” said Chris Lundquist, Executive Chairman of the Board at Chargeback Gurus.
  • “With her proven demand generation experience and data-driven approach, Melissa will help Chargeback Gurus continue on its growth trajectory by reaching more merchants in need of chargeback prevention and revenue recovery services.”
    These appointments come at a pivotal moment for both Chargeback Gurus and its clients as the company prepares for an important year ahead.
  • For more information on Chargeback Gurus, please visit: http://www.chargebackgurus.com

Comdata to Launch Premier C-Store Point-of-Sale Solutions Powered by GK

Retrieved on: 
Tuesday, March 21, 2023

The state-of-the-art Comdata CStore POS and payment solution, set to launch in late spring, is powered by GK CLOUD4RETAIL ensuring the most innovative and flexible solutions in POS and payment capabilities.

Key Points: 
  • The state-of-the-art Comdata CStore POS and payment solution, set to launch in late spring, is powered by GK CLOUD4RETAIL ensuring the most innovative and flexible solutions in POS and payment capabilities.
  • Comdata CStore will be available in both self-service kiosks and forecourt POS hardware, while being hardware independent.
  • Most recently, the solutions provider turned to GK to modernize the technology stack and solution suite for its Comdata CStore offering.
  • Comdata will offer solutions that enable convenience retailers to improve the customer experience and drive operational efficiencies.

Inflation Drives Down Small Business Satisfaction with Merchant Services as Cost and Fee Concerns Mount, J.D. Power Finds

Retrieved on: 
Thursday, February 2, 2023

Merchant Services Satisfaction Study,SM released today, the small business owners who are fighting inflation and the significant costs and fees associated with those credit card readers have experienced sudden declines in customer satisfaction this year.

Key Points: 
  • Merchant Services Satisfaction Study,SM released today, the small business owners who are fighting inflation and the significant costs and fees associated with those credit card readers have experienced sudden declines in customer satisfaction this year.
  • Merchant Services Satisfaction Study (Graphic: Business Wire)
    “It’s tough out there for small businesses right now,” said John Cabell, managing director of payments intelligence at J.D.
  • Two of the banks in the study­—PNC Merchant Services and Wells Fargo Merchant Services—partner with Fiserv to provide merchant services to their small business clients.
  • Merchant Services Satisfaction Study is based on responses from 4,825 small business customers of merchant services providers.

MAPP Advisors Welcomes Gretchen Bender as Senior Vice President of Strategic Partnerships and Embedded Payments

Retrieved on: 
Tuesday, January 24, 2023

LAS VEGAS, Jan. 24, 2023 /PRNewswire/ -- MAPP Advisors, a leading fintech advisory firm with a core focus on payments and ISVs, today announced that Gretchen Bender has joined the company as Senior Vice President of Strategic Partnerships and Embedded Payments. Bender is an accomplished leader in the payments industry with over 25 years of expertise with a core focus on sales, operations, payment facilitation and integrated payments.

Key Points: 
  • LAS VEGAS, Jan. 24, 2023 /PRNewswire/ -- MAPP Advisors, a leading fintech advisory firm with a core focus on payments and ISVs, today announced that Gretchen Bender has joined the company as Senior Vice President of Strategic Partnerships and Embedded Payments.
  • Prior to joining MAPP Advisors, Bender served as Senior Vice President of PayFac and ISO Partnership Management at Worldpay.
  • After the merger with Worldpay, she shifted focus internationally, serving as Senior Vice President, Integrated Payments and Strategic Partnerships in the U.K. and Europe for Worldpay from FIS.
  • To learn more about MAPP Advisors' partnership opportunities and embedded payments expertise, contact [email protected] .