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Category: Processing

Payment Networks Unplug MindGeek’s Pornhub

December 28, 2020 Bankcenter Staff 80 Comments

Payments networks, MasterCard and VISA is terminating use of their credit cards to make purchases on Pornhub. In response to…

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Posted in: Cannabis, Credit Cards, Legal, Litigation, Marketing, Mastercard, PAYMENTS, Processing, Visa

U.S. Bank’s Elavon Snags Top J.D. Power Scores

March 8, 2020 Bankcenter Staff 138 Comments

U.S. Bank has earned the top spot in the inaugural J.D. Power U.S. Merchant Services Satisfaction Study for 2020, with…

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Posted in: Merchant Networks, PAYMENTS, Processing, U.S. Bank

Free Trial Offer Snags Overseas Payment Processor

January 24, 2020 Bankcenter Staff

A Latvian payment processor and its former CEO have agreed to settle the Federal Trade Commission’s complaint against them. The…

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Posted in: Digital Payments, Fraud, PAYMENTS, Processing

TransferWise & Visa Direct Target European Market

December 14, 2019 Bankcenter Staff

Moving money for consumers and businesses should be as simple and routine as sending a text message. Yet, in many…

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Posted in: Apps, BANKING, Cross-Border, PAYMENTS, Processing, Visa

Jack Henry iPay CardPay Hits the Streets

December 12, 2019 Bankcenter Staff

Jack Henry & Associates Payment Solutions™ group announced iPay CardPaySM, an enhancement to its consumer bill pay product that enables…

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Posted in: BANKING, Bill Payments, Credit Unions, PAYMENTS, Processing

USB’s Elavon Swallows UK’s Sage Pay Gateway

December 1, 2019 Bankcenter Staff

Elavon, global merchant acquirer and subsidiary of U.S. Bancorp, has agreed to acquire Sage Pay, a well-known and established payments…

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Posted in: Acquisitions, PAYMENTS, Processing, U.S. Bank

Wells Fargo Offers an API for the RTP Network

Bankcenter Staff

Wells Fargo corporate customers can now send real-time payments through the RTP® network via an application programming interface (API), enabling…

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Posted in: Apps, BANKING, Digital Payments, Processing, Software, Wells Fargo

Payment Fraud Nears $30 Billion Globally 9%+ CAGR

November 23, 2019 Bankcenter Staff

Fraud losses worldwide reached $27.85 billion in 2018 and are projected to rise to $35.67 billion in five years and $40.63 billion in 10 years according…

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Posted in: Fraud, PAYMENTS, Processing

VoPay + Spacelist = SimpleLease

November 14, 2019 Bankcenter Staff

VoPay, a leader in payment technology innovation, has partnered with Spacelist, the number one commercial real estate listing platform in…

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Posted in: Partnerships, PAYMENTS, Processing

Bancorp Nabs the Visa GSQA

October 21, 2019 Bankcenter Staff

The Bancorp confirms its Payments group was recently honored with a 2018 Visa Global Service Quality Award for Emerging Payment…

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Posted in: PAYMENTS, Processing, Visa

Small Business Owners Get a Big Break with VizyPay

October 8, 2019 Bankcenter Staff

VizyPay is offering a new program allowing a business owner to process unlimited credit card transactions for as low as $25/month.…

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Posted in: CONSUMER, Processing, Small Business

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