payment processing

A payment processor is a company appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for merchant acquiring banks. They are usually broken down into two types: front-end and back-end.

Source: en.wikipedia.org

Ransomware Attack Cost City Of Atlanta Over $2M
Ransomware Attack Cost City Of Atlanta Over $2M
April 24, 2018  |  Fraud Attack

Last month, Atlanta’s city government was the victim of a ransomware attack that wound up costing it more than $2 million. According to Engadget, while...

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The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
The ai Corporation Targets Issuers, Fuel Retailers With Fleet Solution
March 09, 2018  |  B2B Payments

U.K.-based The ai Corporation (ai) has announced the launch of a fleet card solution, reports in Bobs Guide said on Thursday (March 8). The ai Corporation...

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i2C Partners With Payfare To Pay Gig Workers
i2C Partners With Payfare To Pay Gig Workers
January 30, 2018  |  Partnerships / Acquisitions

Global payments company i2c announced news on Tuesday (Jan. 30) that it inked a deal with Payfare, a provider of mobile banking and micro-lending, in which...

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TSYS Q3 Marked By Transactions, Card Growth
TSYS Q3 Marked By Transactions, Card Growth
October 25, 2017  |  Earnings

On Wednesday (Oct. 25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. TSYS earnings came in at $0.88...

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Cardstream And Creditcall Team Up To Power Omnichannel Processing
Cardstream And Creditcall Team Up To Power Omnichannel Processing
October 18, 2017  |  Payment Methods

Cardstream and Creditcall have joined forces to free merchants and their acquirers from single-stack payment acceptance solutions. Cardstream — an independent white label payment gateway provider enabling...

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Apruve Adds Payments Processing Partner To B2B Credit Solution
Apruve Adds Payments Processing Partner To B2B Credit Solution
September 07, 2017  |  B2B Payments

B2B payment processing company Matrix Payment Systems is linking up with AR and buyer credit platform Apruve to streamline cash flow between trading partners. In...

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Wells Fargo’s Merchant Services Unit In The Spotlight
Wells Fargo’s Merchant Services Unit In The Spotlight
August 14, 2017  |  Legal

Wells Fargo is facing a fresh lawsuit contending the bank’s Merchant Services Unit overcharged small businesses for the payment processing of their credit card transactions....

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WEX Posts 15 Percent Jump In Processing Transactions In Q2
WEX Posts 15 Percent Jump In Processing Transactions In Q2
July 28, 2017  |  Payment Methods

Corporate payment solutions WEX announced news of a 30 percent jump in second quarter revenue, aided by higher fuel prices. In a press release regarding...

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