Global Payments mulls price increases
Payments Dive
JUNE 14, 2023
Global Payments CEO Cameron Bready called the payment services pricing environment “favorable” in light of increases rivals have made.
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Payments Dive
JUNE 14, 2023
Global Payments CEO Cameron Bready called the payment services pricing environment “favorable” in light of increases rivals have made.
Payments Dive
FEBRUARY 10, 2023
Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects efforts to refine its portfolio, said Global Payments CEO Jeff Sloan.
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Payments Dive
SEPTEMBER 29, 2023
Global Payments landed a better mark from debt rating agency Fitch than did Worldpay in reports this month. That may matter as they pursue acquisitions.
Payments Dive
NOVEMBER 1, 2023
The payments processor’s new point-of-sale software for retail and restaurant customers will launch in early 2024, not this year.
Payments Dive
AUGUST 2, 2023
The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.
Payments Dive
OCTOBER 17, 2023
The head of B2B at Global Payments is keeping an eye out for acquisitions as he focuses on bringing the company’s business-to-business services to market.
Payments Dive
MAY 17, 2023
Global Payments isn’t looking for more acquisitions — except in the B2B space, its outgoing CEO said.
Payments Dive
OCTOBER 19, 2022
The Consumer Financial Protection Bureau sued Active Network, a unit of Global Payments, saying the company used “dark patterns” to unlawfully extract $300 million from consumers.
Payments Dive
AUGUST 1, 2022
Global Payments said it will pay $4 billion to buy Evo Payments as it sheds its Netspend consumer unit for $1 billion and takes a $1.5 billion investment from Silver Lake Partners.
Payments Dive
FEBRUARY 15, 2024
While there has been industry speculation about the company making an acquisition, CEO Cameron Bready was more ready to talk “pruning” this week.
Payments Dive
DECEMBER 22, 2023
Flexibility ranked high on the payment processor’s list of employee retention pain points, so the company turned to staffers for guidance, said Chief Human Resources Officer Andréa Carter.
Payments Dive
MAY 1, 2023
CEO Jeff Sloan will step down June 1 and be replaced by the payment processor’s president and chief operating officer, Cameron Bready.
Payments Dive
APRIL 11, 2023
The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.
PYMNTS
OCTOBER 14, 2020
Cambridge Global Payments , a FLEETCOR company working on cross-border payments, has partnered with enterprise blockchain solution Ripple on a cross-border payment solution for B2B customers, according to a press release. This isn't Ripple's first foray into cross-border payments.
Accenture
MARCH 3, 2021
In my last post, I talked about the important role Request to Pay (RtP) will play in the future of payments—it will , bring flexibility to payers, cost reduction and efficiency to billers, and a huge value opportunity to financial services providers that have an Open Banking infrastructure in place. In this post, let’s take….
Payments Dive
OCTOBER 31, 2023
The CEOs of Mastercard and Global Payments chimed in with opposing views of the Federal Reserve Board’s proposal to lower the cap on debit interchange.
Payments Dive
JANUARY 3, 2024
The consulting firm’s global marketing head explained in an interview why a bank-backed digital wallet won’t be “the PayPal killer” and why the U.S. hasn’t seen a super app for payments.
Payments Dive
MAY 28, 2019
Global Payments is buying TSYS in a merger valued at $21.5 billion, marking the latest in a series of international mergers and acquisitions of payments and POS technology companies.
Payments Dive
JULY 9, 2019
Innovations in the payments space are driving significant changes in the global travel industry. Airlines, travel agencies, payments processors and card issuers all need to recognize the role that speed, reliability and efficiency must be top of mind to maintain strong relationships with your customers.
Payments Dive
MARCH 19, 2019
The blockbuster acquisitions of First Data and Worldpay in recent months reflect a serious turn towards globalization in the payments industry and will likely result in continued consolidation, according to experts.
PYMNTS
DECEMBER 20, 2020
Fidelity National Information Services ( FIS ) and Global Payments were in talks to merge in a $70 billion deal, but it didn't end up happening, according to The Wall Street Journal (WSJ). Both companies make technology that helps to facilitate merchant payments and banking.
PYMNTS
JULY 13, 2020
Before the pandemic hit, the global freelancing economy was expected to experience significant proliferation. Payments are key to the trust equation, particularly when hiring expands across borders. It’s a global trend, though, and one McNicoll said has likely been aided by the global pandemic. talent pool by 2028.
Payments Dive
NOVEMBER 3, 2022
As it pursues more fintech clients, the payments processor sees B2B and commercial cards as areas ripe for expansion.
PYMNTS
SEPTEMBER 8, 2020
Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let more financial institutions aid businesses with cross-border payments, according to a Tuesday (Sept. 8) press release.
Payments Dive
JUNE 27, 2022
To compete internationally, businesses need a reliable method to make and receive real-time payments.
PYMNTS
AUGUST 7, 2020
The global health pandemic that started this spring has now pushed past its 120th day , and the global payments landscape is now fundamentally different. Data: $30T: Size of the global cross-border payments market. 47%: Share of consumers who use direct deposit as their preferred method of receiving payment.
PYMNTS
JUNE 22, 2020
A business expanding into Mexico would then be faced with the question of which payment methods it should adopt to cater to its Mexican customers. Ensuring seamless payments between buyers and sellers is a core part of that experience. Global Reach, Local Payments Solutions.
The Paypers
APRIL 25, 2024
Square has announced the expansion of its offline payments feature to all Square sellers globally, irrespective of their location or hardware device.
PYMNTS
MARCH 16, 2020
Goldman Sachs’ capabilities for cross-border payments and tech-savvy achievements that simplify payments as reasons why SAP is also getting something out of the deal. In addition, the deal will allow better reconciliation of payments with the matching invoices.
PYMNTS
SEPTEMBER 18, 2019
Payments companies Global Payments and TSYS ( Total System Services ) have finalized a merger deal that creates a combined pure play payments technology company with substantial international presence and expansive scale, the company said in a press release on Wednesday (Sept.
PYMNTS
MAY 14, 2020
To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. The SCB payment platform would work with the EMQ network to reportedly provide secure and cost-effective cross-border offerings.
PYMNTS
SEPTEMBER 12, 2019
Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is the first global open-loop commercial service built to automate payments between the world’s suppliers and buyers.
Bank Innovation
MAY 24, 2019
Wells Fargo, through its partnership with cross-border B2B payments provider TransferMate, is showing its global payments ambitions.
PYMNTS
MARCH 14, 2019
For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market.
PYMNTS
JULY 10, 2019
FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Businesses can pay invoices immediately or dictate a payment date while retaining a fixed foreign exchange rate when they upload an invoice to the platform.
American Banker
MARCH 1, 2024
banks postponed taking action on ISO 20022, a new global financial messaging standard, while they were busy with preparations for FedNow's faster-payments launch last year. This may not leave them with enough time to meet a March 2025 deadline.
PYMNTS
JULY 25, 2019
On a global stage, one size does not fit all when it comes to payments. For example, she said, some users may wish for payments to be done digitally, with speed and ease. For example, she said, some users may wish for payments to be done digitally, with speed and ease. Payments, on a Global Stage.
PYMNTS
JULY 18, 2020
Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. vendors struggling with delayed payments — the matter is, and always has been, a global one. Gap Reverses Vendor Payment Course. NAB Warns Of Spiking Late Payments. billion) in late payments every year.
PYMNTS
MAY 11, 2020
To help streamline global payments with artificial intelligence (AI), digital payment platform Payoneer has unveiled a partnership with banking and admin app ANNA. Business is global and many of our customers work internationally. Payment settlements then occur in real time.
PYMNTS
SEPTEMBER 18, 2020
Launching into an emerging market can be a risky move for any global business. What this ecosystem evolution means is the payments technology is ready to support global merchants’ needs to facilitate payments for consumers regardless of their location. Encouraging The Digital Payments Shift.
Payments Dive
JULY 20, 2023
The tech giant also launched the app in South Korea in March, and in four Latin American countries in May.
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