The Payments Security Task Force announced a forecast of participating acquirers estimating that at least 47 percent of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015. The estimates are based on forecasts provided by acquirers representing approximately 80 percent of U.S purchase volume. Organizations participating in the forecast
MoneyGram, a leading global money transfer and payment services company, announced that it has renewed a longstanding contract with one of its largest agents, ACE Cash Express, Inc., an Irving, Texas-based financial services company. The extended seven-year agreement builds on a strong collaboration between the two companies who have strategically worked together for 25 years
Klarna, a Swedish e-commerce company focused on simplifying buying, announced plans to expand to the U.S. market in early 2015. A well-known player in Europe for close to a decade, Klarna delivers a much needed payment solution for disenchanted online U.S. retailers and frustrated consumers alike. To drive U.S. expansion, Klarna has recruited Brian Billingsley
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