It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale (POS) systems are reshaping transactions and even some business operations. What’s happened in those areas,...
Just a few weeks left in 2019, and it will go down in history as the year of the payments mega-merger. The headlines were full of deals worth tens of billions of dollars, where consolidation has brought on a range of transaction-related services under the...
The year 2020 is nearly upon us. The shift to real-time payments has yet to keep up with the anticipation — with a notable lack of traction among merchants. Sarah Adams, vice president of global product at First American Payment Systems, tells PYMNTS that new technologies,...
Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment Systems, tells Karen Webster that, even in the age of financial service megadeals, the processing space should be ruled by...
December 03, 2019
It’s been a wild ride for payment and merchant services in 2019. Big mergers have changed the landscape, instant and same-day payments are gaining ground, and integrated services and point-of-sale (POS) systems are reshaping transactions and even some business operations. What’s happened in those areas, and what’s to come, was the subject of a recent […]
October 31, 2019
Just a few weeks left in 2019, and it will go down in history as the year of the payments mega-merger. The headlines were full of deals worth tens of...
October 15, 2019
The year 2020 is nearly upon us. The shift to real-time payments has yet to keep up with the anticipation — with a notable lack of traction among merchants. Sarah Adams,...
May 24, 2019
Merchants that sign on with firms to process their payments expect to get their funds consistently and constantly. Neil Randel, CEO of First American Payment Systems, tells Karen Webster that,...
July 29, 2022
The Federal Trade Commission has accused payment processor First American Payment Systems and two of its sales affiliates of “trapping small businesses with hidden terms, surprise exit fees, and zombie charges.” According to a Friday (July 29) news release from the commission, First American is accused of making false claims about fees and savings to […]
