ISOs

With a new CEO and an infusion of private equity funding, Cynergy Data plans to grow both organically and through acquisitions.

With a new CEO and an infusion of private equity funding, Cynergy Data plans to grow organically and through acquisitions.

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

The wireless carriers' Isis mobile wallet venture is using acquirers to build merchant support for its technology.

The wireless carriers' Isis mobile wallet venture is launching a new program to build merchant support for its technology.

Don’t get distracted by the big-name telecoms that designed the Isis mobile wallet, or you’ll miss the wizard behind the curtain: American Express.

Two decades ago Mary L. Gerdts did something that was quite unusual at the time. She started an ISO that focuses solely on one industry—hotels.

Nomad 2.0, a second-generation mobile EMV chip-and-PIN card reader from AnywhereCommerce, is reportedly smaller, lighter, less expensive and more useful than its 18-month-old predecessor.

The Electronic Transactions Association plans to keep expanding its advocacy, educational and networking efforts in the coming year.

The Electronic Transactions Association plans to keep expanding its advocacy, educational and networking efforts in the coming year, the trade group’s CEO says.

TSYS and Womply, a big-data startup, are nearing their goal of providing Womply’s Insights platform to 10,000 of TSYS’ clients by the end of the year.

Merchants and payment vendors who never bother to change the default password in sensitive systems are getting fresh attention from the Payment Card Industry Security Standards Council.

SaaS-based technology provides a blended approach to remittance processing that enables financial institutions to outsource infrastructure responsibilities, while retaining the management of transaction processing, bank deposits and receivable updates.

Big players are entering the merchant cash advance business and the industry's smaller players are maturing. Meanwhile, the market is growing with the help of automated clearinghouse transactions.

Cynergy Data has named Afshin Yazdian as its new CEO, while current CEO Kim Fitzsimmons will remain with the company as a member of the board and take on a strategic role with Comvest Partners.

Cynergy Data has named Afshin Yazdian as its new CEO, while outgoing CEO Kim Fitzsimmons will remain with the company as a member of the board and take on a strategic role with Comvest Partners, Cynergy's private equity investor.

Continuing its international expansion through partnerships, U.S.-based EVO Payments International LLC has acquired a controlling interest in Polish financial institution PKO Bank Polski's merchant acquiring arm.

The Electronic Transactions Association is redoubling its efforts to shape legislation and regulation in ways that benefit the acquiring industry.

Big players are entering the merchant cash advance business and the industry’s smaller players are maturing. Meanwhile, the market is growing with the help of automated clearinghouse transactions.

More independent sales organizations are using fees to force merchants to take Payment Card Industry security standard compliance seriously.