Merchant services

Wells Fargo Appoints Kleber Santos as Chief Executive Officer of Consumer Lending

Retrieved on: 
Monday, July 11, 2022

Wells Fargo announced today that Kleber Santos has been appointed the companys CEO of Consumer Lending, effective immediately.

Key Points: 
  • Wells Fargo announced today that Kleber Santos has been appointed the companys CEO of Consumer Lending, effective immediately.
  • Santos will lead all aspects of Wells Fargos Consumer Lending business, including Home Lending, Auto, Credit Cards and Merchant Services, and Personal Lending.
  • Santos succeeds Mike Weinbach, who joined the company in April 2020 to lead Consumer Lending soon after it was launched as its own line of business at Wells Fargo.
  • In addition to his leadership experience at Wells Fargo, he brings significant consumer lending and retail banking expertise to his new role.

First American by Deluxe Honored for Call Center Excellence

Retrieved on: 
Thursday, June 30, 2022

Winning the Call Center Award of Distinction underscores First Americans commitment to delivering quality customer service day in day out, said Brian Dorchester, Executive Vice President of Operations for First American by Deluxe.

Key Points: 
  • Winning the Call Center Award of Distinction underscores First Americans commitment to delivering quality customer service day in day out, said Brian Dorchester, Executive Vice President of Operations for First American by Deluxe.
  • Deluxe, a Trusted Payments and Business Technology company, acquired First American Payment Systems and its subsidiaries, including Fitech , iATS Payments , and Certified Payments in June of 2021.
  • To win this award 10 years in a row is a testament to the incredible team at First American, said Michael Reed, President of Payments for Deluxe.
  • Backed by award-winning customer service, merchants and partners have access to our U.S. based Customer Call Center 24/7/365.

UP Solution and United Merchant Services Launch Unified Brand Name Bluu

Retrieved on: 
Wednesday, June 1, 2022

HACKENSACK, N.J., June 1, 2022 /PRNewswire/ -- United POS Solutions, Inc (aka "UP Solution"), developer and provider of point-of-sale ("POS") solutions, and payment services provider and an affiliated company, United Merchant Services, Inc ("UMSI"), announced jointly today that they are re-branding under the name: Bluu. The companies hope to establish the Bluu brand name to be recognized as a leader in enhancement and transformation of financial and merchant services, and to offer revolutionary products and services in POS and merchant support technology solutions.

Key Points: 
  • UP Solution and United Merchant Services, Inc plan on making a big push to become a technology solutions provider under a common brand name, BLUU.
  • HACKENSACK, N.J., June 1, 2022 /PRNewswire/ -- United POS Solutions, Inc (aka "UP Solution"), developer and provider of point-of-sale ("POS") solutions, and payment services provider and an affiliated company, United Merchant Services, Inc ("UMSI"), announced jointly today that they are re-branding under the name: Bluu.
  • The companies hope to establish the Bluu brand name to be recognized as a leader in enhancement and transformation of financial and merchant services, and to offer revolutionary products and services in POS and merchant support technology solutions.
  • United Merchant Services, Inc ("UMSI"), is a leading payment services provider with nearly three decades of experience in the payment industry, ( www.unitedmerchant.com ).

Optty and Payoneer Collaborate to Make Buy Now Pay Later Available to its Vast Merchant Base Around the Globe

Retrieved on: 
Wednesday, June 1, 2022

SINGAPORE, June 1, 2022 /PRNewswire/ -- Optty, the world's first independent Buy Now, Pay Later integration platform, today announced that it has partnered with Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy. Payoneer is the latest to offer Optty to its global ecosystem of merchants through its Payments Platform.  

Key Points: 
  • Payoneer is the latest to offer Optty to its global ecosystem of merchants through its Payments Platform.
  • Optty's solution is increasingly being adopted by business-to-business (B2B) payment gateways and payment service providers (PSPs) to meet rising customer demand for multiple BNPLs.
  • "With Optty, our merchants and marketplaces increase their global reach while offering customers the choice of their preferred payment options, localizing buyers' experiences with their brands."
  • Optty is currently available in more than 59 countries and 36 currencies, bringing together the world's BNPL providers in one simple and rapid integration.

Optty and Payoneer Collaborate to Make Buy Now Pay Later Available to its Vast Merchant Base Around the Globe

Retrieved on: 
Wednesday, June 1, 2022

SINGAPORE, June 1, 2022 /PRNewswire/ -- Optty, the world's first independent Buy Now, Pay Later integration platform, today announced that it has partnered with Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy. Payoneer is the latest to offer Optty to its global ecosystem of merchants through its Payments Platform.

Key Points: 
  • Optty's solution is increasingly being adopted by business-to-business (B2B) payment gateways and payment service providers (PSPs) to meet rising customer demand for multiple BNPLs.
  • "With Optty, our merchants and marketplaces increase their global reach while offering customers the choice of their preferred payment options, localizing buyers' experiences with their brands."
  • Optty partners with payment gateways and PSPs to enable mass expansion of BNPL across more than 59 global markets, driving significant acceleration of payments processing growth.
  • Optty is currently available in more than 59 countries and 36 currencies, bringing together the world's BNPL providers in one simple and rapid integration.

PNC'S HEAD OF RETAIL BANKING AND CHIEF CUSTOMER OFFICER KAREN LARRIMER TO RETIRE

Retrieved on: 
Thursday, May 26, 2022

PITTSBURGH, May 26, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Karen Larrimer, head of Retail Banking and chief customer officer, has elected to retire after more than 27 years of service and leadership to the bank. Larrimer will remain as the bank's chief customer officer through 2022, as she transitions out of her role as head of Retail Banking, effective July 1. Alex Overstrom, PNC's current head of Small Business and deputy head of Retail Banking, will assume responsibility for leading PNC's Retail Banking line of business.

Key Points: 
  • PITTSBURGH, May 26, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Karen Larrimer, head of Retail Banking and chief customer officer, has elected to retire after more than 27 years of service and leadership to the bank.
  • Larrimer will remain as the bank's chief customer officer through 2022, as she transitions out of her role as head of Retail Banking, effective July 1.
  • Alex Overstrom, PNC's current head of Small Business and deputy head of Retail Banking, will assume responsibility for leading PNC's Retail Banking line of business.
  • Larrimer has led Retail Banking since July 2016, following her appointment to chief customer officer in 2014.

Five West Queen West Small Restaurants to Receive Financial Support as Part of Amex-Backed Grant Program

Retrieved on: 
Wednesday, May 18, 2022

The initiative is part of American Express' global 'Backing International Small Restaurants' grant program to support culturally significant, independent restaurants owned by individuals from underrepresented groups in five major cities globally, that have been disproportionately impacted by the pandemic.

Key Points: 
  • The initiative is part of American Express' global 'Backing International Small Restaurants' grant program to support culturally significant, independent restaurants owned by individuals from underrepresented groups in five major cities globally, that have been disproportionately impacted by the pandemic.
  • In Toronto, IDA Foundation worked in partnership with the West Queen West BIA to select the grant recipients from within the district's boundaries.
  • Rob Sysak, Executive Director of the West Queen West Business Improvement Area says: "West Queen West has always celebrated and prided itself on being known for the diversity of business owners, and the products and services they offer.
  • The 'Backing International Small Restaurants' program builds on American Express' wider Backing Small initiative to provide economically vulnerable small businesses with financial support and other resources to address critical needs and challenges.

Payoneer Announces Launch of Payoneer Checkout

Retrieved on: 
Tuesday, May 10, 2022

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, announces the launch of Payoneer Checkout, marking the companys entry into payment acceptance for direct-to-consumer (DTC) webstores.

Key Points: 
  • Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, announces the launch of Payoneer Checkout, marking the companys entry into payment acceptance for direct-to-consumer (DTC) webstores.
  • Built for todays world of open commerce, Payoneer Checkout offers eCommerce merchants a simpler way to expand and grow through direct-to-consumer sales all around the globe.
  • Building on its leadership in marketplace payments and B2B payments, the launch of Payoneer Checkout creates a unified experience for Payoneer's eCommerce merchants across multiple digital channels.
  • Payoneer Checkout is currently available in Asia-Pacific and will gradually be extended globally.

Payments Orchestration and the Benefits of Smart Terminals for Merchants

Retrieved on: 
Monday, May 2, 2022

BOSTON, May 2, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, Smart Point-of-Sale Terminals: A Rapid Transformation of Payments Acceptance provides insight into this exciting new technology, and what every merchant needs to know about it.

Key Points: 
  • BOSTON, May 2, 2022 /PRNewswire-PRWeb/ -- Mercator Advisory Group's most recent report, Smart Point-of-Sale Terminals: A Rapid Transformation of Payments Acceptance provides insight into this exciting new technology, and what every merchant needs to know about it.
  • 'Smart terminals' is a relatively new term in the payments lexicon, but one that is becoming more widely discussed among merchants of all sizes, types, and categories.
  • The strategy that drives orchestration is nothing less than a paradigm shift in the way that merchants view payment service providers.
  • "We are following this trend among a number of similar technology trends that are making payments a frictionless and invisible part of our everyday activities."

WizarPOS Mobile Terminals Acquired OmniPay Platform Certification of European Merchant Services

Retrieved on: 
Wednesday, April 20, 2022

The PIN-on-Glass mobile WizarPOS Q2 has been deployed in North America, South America, Europe, and East Asia, serving varied sectors of catering, retail, mobile merchants, and banking.

Key Points: 
  • The PIN-on-Glass mobile WizarPOS Q2 has been deployed in North America, South America, Europe, and East Asia, serving varied sectors of catering, retail, mobile merchants, and banking.
  • Its sleek design and mounting flexibility level up the frictionless user experience powered by rigid industry-level security.
  • Kaishen Zhu, the founder of WizarPOS, commented, "We are excited to achieve the OmniPay certificate, which enables WizarPOS to expand its footprint in Europe and serve more merchants and clients.
  • As usual, the WizarPOS team commits to quality and security at the services of our long-term network partners."