Remove 2003 Remove Capital Remove Operations
article thumbnail

Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries

PYMNTS

The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Private equity firm Parthenon Capital sponsored the merger. “We NXGEN and Payscape merged in May in a deal also backed by Parthenon Capital.

Illinois 100
article thumbnail

FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

Fusion Payments To Go offers “best-practice” features and operating rules for supported settlement and clearing functions, in addition to standard integration with outside applications, according to the announcement. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

Insiders

Sign Up for our Newsletter

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

article thumbnail

KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

AnaCap had the upper hand against rival Nordic Capital and EQT from Sweden. Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. Worldline and Nets also lost out, according to people briefed on the transaction, FT said.

Payments 136
article thumbnail

eBay Snags Former Amazon Alexa Executive

PYMNTS

Before his work at Amazon, he was chief operating officer of TiVo and held executive roles at Microsoft, T-Mobile, Ericsson and Sonos. Rawashdeh had technology leadership roles with eBay from 2003 to 2011 before heading over to Twitter to serve as vice president of infrastructure operation engineering at Twitter.

San Jose 128
article thumbnail

PBOC Pumps $173B Into Chinese Economy To Combat Virus Impact

PYMNTS

The move was to be completed through reverse repo operations as the country reopens its stock market Monday (Feb. The People’s Bank of China is poised to inject more money — $173 billion, the largest single liquidity injection since 2004 — into the country to stabilize the economic damage. 3) from the extended Lunar New Year holiday. “We

article thumbnail

Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports. But these business owners need capital to expand.

Capital 130
article thumbnail

The Future of Noninterest Income at Financial Institutions

Abrigo

Once accounting for 46 percent of bank revenue (2003), more recently, noninterest income averages closer to 34 percent (2018). Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. Roadmap for Effective Capital Planning: Start Here. And it is trending downward.