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Despite the doomsday predictions for banks and acquirers five years ago, the Durbin amendment hasnt dramatically shaken up the business models of the payments industry.
July 21 -
Apriva and Globalcom Engineering will partner to provide EMV hardware to various U.S. markets with unattended payments acceptance devices.
July 17 -
Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.
July 17 -
C-Spire is looking to increase the use of its self-service kiosks, so it's installing ones that borrow several design cues from Apple's handsets.
July 17 -
Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.
July 14 -
Prepaid card issuer Green Dot Corp. has launched a unit called Green Dot Shanghai Software Technology Co. in Shanghai, China.
July 14 -
First Data has acquired a San Diego-based digital card distribution firm called Transaction Wireless Inc. (TWI), a company which, paired with First Data's 2014 purchase of Gyft, rounds out the company's gift card strategy.
July 14 -
Gemalto has entered an agreement to provide payment-capable wristbands that will allow tap-and-ride capabilities and fitness readings for transit riders in Wuhan, China.
July 10 -
Payment Alliance International, a Kentucky-based independent sales organization and ATM provider, has partnered with charitable fundraising firm Digital Processing Solutions to create a new "Digital Donations" program accessible through ATMs.
July 7