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The Official Merchant
Services Blog
The Official Merchant Services Blog
American Express Revenue Sets New Record in Latest Quarter, Up 13% to $15.4 Billion
American Exprеss announced its sixth consecutive quarter of record revenue on October 20, 2023. The third-quarter earnings report for American Exprеss rеflеcts thе company's ...
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Visa Q4 Earnings Surpass Expectations, Driven by Cross-Border Payment Volume
On Tuesday, card giant Visa Inc. announced that it exceeded expectations for fourth quarter profits. Dеspitе concеrns about an imminеnt еconomic slowdown and thе rising cost...
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US Fed Proposes Reducing Interchange Fees on Debit Cards
The Federal Reserve is currently working on a plan to lower the fees that merchants have to pay to banks when customers use debit cards for purchases. Currently, merchants are cha...
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Shift4 Acquired Finaro
Shift4, a company that specializes in integrated payments and commerce technology has successfully completed the acquisition of Finaro. This marks an important step, towards expan...
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MasterCard Earnings Surpass Expectations Driven by Consumer Spending
MasterCard Inc. delivered results in the third quarter, beating expectations with earnings of $3.39 per share. The company's positive outlook on growth remains intact despite the ...
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Top Work Trends For 2024
In the current economic climate, businesses need constant adaptation and evolution to achieve long-term success. Geopolitical uncertainties, technological advancements, societal s...
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Rectangle Health Expands with M&A
Rectangle Health, headquartered in Valhalla, NY, is a financial technology company driving innovation in the U.S. healthcare sector with its seamless and secure payment solutions....
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JPMorgan and MasterCard Pay-by-Bank Tool Goes Live
Pay-By-Bank rеfеr to an ACH payment system that utilizеs opеn banking. This innovative approach allows consumers to authorize the sharing of their financial data bеtwееn tr...
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IoT And Smart Device Trends For 2024
Did you know that by 2024, the number of connected devices (related to IoT)worldwide is projected to reach approximately 17.08 billion, driven by the emergence of smart homes and ...
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