Payments Processor

Visa to Lay Off 1,400 as It Streamlines International Business
Visa to Lay Off 1,400 as It Streamlines International Business
October 29, 2024  |  VISA

Visa will reportedly lay off 1,400 employees and contractors, including about 1,000 in technology positions, by the end of the year. The company aims to...

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Report: EQT Looks to Sell Majority Stake in Banking Circle
Report: EQT Looks to Sell Majority Stake in Banking Circle
September 11, 2024  |  Banking

Private equity firm EQT is reportedly looking to sell its majority stake in payments processor Banking Circle. EQT is aiming for a deal that would value Banking...

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Square Expands Offline Payments to Entire Hardware Lineup
Square Expands Offline Payments to Entire Hardware Lineup
April 23, 2024  |  Payments Innovation

Square has expanded the availability of offline payments to every hardware device, in every country. The company has offered this no-connection-required solution for 10 years on some of...

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Can Convenience Turn Digital Bills Into Digital Payments?
Can Convenience Turn Digital Bills Into Digital Payments?
March 04, 2024  |  Earnings

The business-to-business (B2B) payments landscape has undergone two-plus decades of digitization and innovation. And the particularly rapid acceleration of that digitization over just the past...

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Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
Marqeta’s Total Processing Volume Surges 33% as Firm Eyes Embedded Finance Opportunities
February 28, 2024  |  Earnings

Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that...

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Report: Global Payments Aims to Acquire Takepayments
Report: Global Payments Aims to Acquire Takepayments
February 13, 2024  |  Acquisitions

Global Payments, a U.S.-based payment processing company, is reportedly nearing a deal to acquire Takepayments, a British payment services provider, in a move to expand its...

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Visa Completes Acquisition of Pismo, Expands Core Banking Offerings
Visa Completes Acquisition of Pismo, Expands Core Banking Offerings
January 16, 2024  |  VISA

Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together...

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Report: Worldline Could Be Private Equity Takeover Target
Report: Worldline Could Be Private Equity Takeover Target
November 26, 2023  |  Acquisitions

Worldline’s stock climbed last week amid reports that it could be a takeover target. As Seeking Alpha noted Friday (Nov. 24), the French payments firm rose 5% on...

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1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
1 in 6 Main Street SMB Retailers Are Considering Switching Payment Processors
October 17, 2023  |  SMBs

The competition in the payment processor market is fierce because of the success of incumbent leaders, as the majority of Main Street small to midsized...

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