ISOs

If ISOs want to stand out in the acquiring industry, they have to bring something valuable to the table — something that will deliver a lasting edge in terms of competitiveness or efficiency.

Total Systems Services (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.

EVO Payments International LLC has finalized its acquisition of a controlling interest in Banco Popular merchant acquiring business in Spain that was disclosed last December as part of EVO's push to become an established global payments processor.

Before Merchant Account Solutions introduced an automated system that updates new customers on their applications’ status, the ISO found itself losing clients to competitors.

ISOs often refuse to do business with gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries — whether or not those businesses run afoul of the law.

In his Oct. 23, 2013, letter to the payments industry, the chairman and CEO of Heartland Payment Systems provides a compelling historical overview of the challenges faced by our industry some three decades ago.

BURLINGAME, Calif. -- If ISOs aren’t willing to transform their business models, they’ll become extinct in a payments industry bustling with aggressive, agile startups, a consultant says.

Let’s put a stop to criminal practices in our Industry — now!

The Federal Trade Commission should take more steps to police the acquiring industry and halt fraudulent practices, says Robert Carr, longtime CEO of Heartland Payment Systems Inc.

News of the ETA PAC came Wednesday in a presentation by Jason Oxman, the trade group’s CEO, at the association’s annual Strategic Leadership Forum.

SCOTTSDALE, Ariz. -- Robert Carr, longtime CEO of Heartland Payment Systems Inc., made good on his promise to deliver a controversial keynote speech at a conference here last week.

If independent sales organizations aren't willing to shift their business models in the coming years, they'll go extinct in a payments industry bustling with aggressive, agile startups that skip the middleman and go directly to the merchant.

Companies that are automating the acceptance process believe they are cutting out the waiting game for merchants, and in turn helping ISOs bring in more merchants faster.

The Loop Fob and Loop ChargeCase send a magnetic transmission to a payment terminal’s mag stripe reader through a process dubbed Magnetic Secure Transmission, or MST.

Gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries share a common stigma — many payments companies refuse to do business with them, whether or not they run afoul of the law.

Security can be an expensive, time-consuming investment for small merchants, and most have a mindset that security hacks won't happen to them. But independent sales organizations must take an active role in protecting even the merchants that don't want to be protected.

WASHINGTON — The payments industry can thwart hackers only by creating a system that can adapt quickly to unanticipated threats.

Credit and debit card payments at vending machines could present a whole new realm of opportunity for independent sales organizations.

Credit and debit card payments at vending machines could present a whole new realm of opportunity for independent sales organizations.

An ISO based in Southern California is using LeafPresenter point-of-sale tablets to differentiate itself from competitors and save money for merchants.