merchant solutions

SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Finances

SumUp has raised a $100 million credit facility to launch a merchant financing solution. The British company’s Cash Advance tool offers advances of up to...

READ MORE >
FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
FIS to Spin Off Worldpay Merchant Services Business Acquired in 2019
February 12, 2023  |  Platform Payments

FIS is reportedly planning to spin off Worldpay, the merchant services business it acquired in 2019. The payments giant is apparently looking to undertake a...

READ MORE >
FIS Merchant Services Revenues Gain 10 Percent   
FIS Merchant Services Revenues Gain 10 Percent  
February 13, 2020  |  Earnings

Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition...

READ MORE >
FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
FIS Sees Strong Merchant Sales, Jump In Cross-Selling Activity In Q3
November 05, 2019  |  Earnings

Roughly three months after closing its $43 billion deal for payments processor Worldpay, Fidelity National Information Services (FIS) reported third-quarter results that showed some initial impacts...

READ MORE >
How myPOS Helped EU’s SMBs Jump The Shark On Cash
How myPOS Helped EU’s SMBs Jump The Shark On Cash
August 30, 2018  |  SMBs

When myPOS launched in 2014, cash was still mostly king among small businesses. In fact, as Andrew Byrne, COO at myPOS, told Karen Webster, in...

READ MORE >
TSYS’ McHugh: Why Integrated Payments Is What’s Next
TSYS’ McHugh: Why Integrated Payments Is What’s Next
March 05, 2018  |  Partnerships / Acquisitions

Merchant services is newly in TSYS’s sights in the wake of closing its deal to buy Cayan. Philip McHugh, EVP and president of TSYS Merchant...

READ MORE >
Worldpay Beats 4Q Estimates, Eyes eCommerce Growth
Worldpay Beats 4Q Estimates, Eyes eCommerce Growth
March 01, 2018  |  Earnings

Worldpay reported results on Wednesday (Feb. 28) that beat analyst expectations, as transactions grew in the mid-single digits. Vantiv, based in the U.S., adopted the...

READ MORE >