article thumbnail

i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Tuesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cards 131
article thumbnail

i2c, CashFlows Partner To Assist European Payment Card Issuers

PYMNTS

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. Founded in 2001 and headquartered in Silicon Valley, i2c supports millions of users in over 200 countries and territories.

Cards 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Today In Payments: Wirecard Forces German Accounting Regs Reboot; Consumers Sour On Travel Rewards Cards

PYMNTS

In today’s top news, Germany’s deputy finance minister wants to restructure accounting firm regulations, and consumers are turning away from travel rewards cards. Consumers Sour On Travel Rewards Cards. Plus, the Federal Deposit Insurance Corp. FDIC) is looking to modernize bank reporting.

FDIC 142
article thumbnail

How Gift Certificates Evolved From Paper To Wearables

PYMNTS

A few decades later, Neiman Marcus started distributing gift cards, but the retailer took a page from the 1930s department store playbook: It kept the cards out of sight and only sold them as novelty items. Compared to traditional paper gift certificates, gift cards were a plastic card with a magnetic stripe.

Cards 147
article thumbnail

PayPal’s Xoom Makes Remittance Deal With Euronet’s Ria

PYMNTS

Xoom launched in 2001 and was purchased by PayPal in 2015 for $890 million in an all-cash deal. With the completion of the deal, PayPal said it and Synchrony have extended their co-branded consumer credit card program agreement, making Synchrony the exclusive issuer of PayPal’s consumer financing program online in the U.S.

US 178
article thumbnail

Turkey’s PayCore Snags New Majority Investor Amid Digital Payments Boom

PYMNTS

Launched in 2001, PayCore notes that more than a million POS terminals in Turkey operate with software developed and provided by the company. In addition, PayCore’s software helps facilitate 60 percent of all credit card transactions in Turkey, the company said. , which has a footprint that extends to more than 12 countries.

Payments 141
article thumbnail

Wirecard, Enron And Warning Signs Across Two Decades

PYMNTS

The New York Times noted on June 26 that stock research services targeting short sellers (who bet that prices will decline) had been signaling that Wirecard was a “house of cards.” ” Then the swift downturn — and insolvency. The banks cited — BDO Unibank Inc.

New York 178