Tag Archives:News
High Risk & Low Risk Merchat Services

Lastest Debt News

Limited Progress Seen on Greek Debt Talks as Ministers' Meeting Ends
European Union policy makers wanted some form of agreement on Thursday to avoid the issue of the Greek debt crisis overshadowing a two-day summit meeting of the bloc's national leaders, who are meant to discuss migration and other issues, like Britain …
Read more on New York Times

Treasurys' Swoon Doesn't Rattle Debt Investors
Although U.S. Treasury prices are on track for their first quarterly decline since 2013 and many debt investors are in the red for the year, money managers remain mostly upbeat on Treasurys. Their optimism is supported by reduced economic expectations …
Read more on Wall Street Journal

BLACKROCK WARNS: China's debt has lost its potency and is now 'turning into
Blackrock, citing a study by consultancy group McKinsey, says that between 2007 to 2014 total debt accumulated in China ballooned by $ 21 trillion. That increase took total Chinese debt as a percentage of GDP from 158% to 282% in just eight years.
Read more on Business Insider

Lastest High Risk Merchant Account News

Guardian Data Systems Named Second Best High Risk Processing Agency by
The independent authority on merchant services, topcreditcardprocessors.com, has named Guardian Data Systems the 2nd best high risk processing service for May 2014. Guardian Data Systems was selected due to their effective performance in the …
Read more on PR Web (press release)

Porn Proceeds too Hot to Handle for Banks
In addition to possible reputational risk, these businesses are at high risk for chargebacks, explained Stephen Brudner, managing director of Merchant Services Consulting Group, a company offering payment-processing for high-risk businesses, including …
Read more on Wall Street Journal (blog)

Is Obama Really Forcing Banks to Close Porn Stars' Accounts? No, Says Chase
Last month, porn star Teagan Presley told Vice that JPMorgan Chase & Co. closed her account because the bank considered her "high-risk." Then, on Wednesday, porn director David Lord told the Daily Beast that Chase sent him a letter notifying him that …
Read more on Mother Jones

Lastest Bureau Of The Fiscal Service News

Cabinet proposes disclosing banking secrecy to Fiscal Service – bill
… and individuals, which includes banking secrecy, upon a written request, is to be disclosed by banks to the prosecutor's office, the Security Service of Ukraine, the National Anti-Corruption Bureau, the Antimonopoly Committee, and the State Fiscal …
Read more on Interfax

Animal shelters report spike in surrendered pets
Meet some of the canine and feline residents waiting to be adopted at Orange County Animal Services as their kennels are very busy with a 74% spike in 'surrendered' pets this month. Photographed Tuesday … During the past 10 weeks, her department has …
Read more on Orlando Sentinel

Why your state may be forced to raise your taxes
The U.S. Government Accountability Office estimates that states will need to take action today and maintain that action for 50 consecutive years to close their fiscal gap. The GAO projects that the peak in state tax receipts—2007—will not occur again …
Read more on CNBC

Lastest Card Processing News

Merchant Warehouse Named Third Top Credit Card Processing Service by
NAPLES, FL –(Marketwired – July 14, 2015) – The independent authority on merchant services, topcreditcardprocessors.com, has named Merchant Warehouse the 3rd best credit card processing service for July 2015. Merchant Warehouse was selected due …
Read more on Benzinga

MasterCard Stops Processing Purchases of Ads on Backpage.com
CHICAGO— MasterCard Inc. MA -0.02 % said it has stopped processing ad purchases on Backpage.com, as payment-card networks become the latest front for public officials trying to crack down on the adult section of the controversial classified-ads website.
Read more on Wall Street Journal

Lastest Payment Gateway News

Why a Currency Based on an Internet Joke Should Be Taken Seriously
EGifter is working with GoCoin, a cryptocurrency payment gateway, to allow consumers to pay with the two altcoins. GoCoin allows clients to immediately exchange digital currencies into U.S. dollars to avoid price volatility risk. GoCoin charges 1% per …
Read more on American Banker (subscription)

Canadian websites hit by Heartbleed vulnerability
Heartbleed is a vulnerability in the OpenSSL encryption code that is used by two-thirds of all websites. A popular method of encryption because it is open source and freely available, OpenSSL ensures your private information is securely transferred to …
Read more on ITBusiness.ca

Lastest Credit Cards News

MasterCard and Wal-Mart Partner On Store Branded Credit Cards
After almost a decade of partnership with Discover, Wal-Mart and its subsidiary property Sam's Club have elected to enter into an agreement to make MasterCard their go-to payments network for handling all transactions on its store-branded credit cards.
Read more on PYMNTS.com

PayStand Launches Online Payment Service For Bitcoin, Credit Cards And E
Customers, meanwhile, will get informed of the costs associated with each transaction method, ranging from 2.9 percent for a credit card purchase, 25 cents for online check, and no charge for making a bitcoin-based payment. If merchants receive their …
Read more on TechCrunch

Couple on the run wanted for sophisticated fraud scheme
HOUSTON (KTRK) — Harris County Sheriff's Office investigators are hoping the public can lead them to a couple wanted for a sophisticated credit card fraud enterprise involving over 100 known victims.
Read more on abc13.com

Lastest Credit Cards News

6 Credit Cards With No Balance Transfer Fees
They hate them so much that, when they need a new credit card, many consumers flock to cards with no fees or credit cards that offer simple and easy-to-understand fee structures (we highlight a few of those simple credit cards in the Best Credit Cards …
Read more on Credit.com News (blog)

Cloned credit cards scheme in Aiken County under investigation
Several law enforcement agencies are investigating a cloned credit cards scheme that has been ongoing in this region since early May. According to investigators, there has been a “prolific use of cloned credit cards” by several suspects in coordination …
Read more on Aiken Standard

New chip credit cards putting squeeze on small businesses
The cards being rolled out by banks and credit card companies are aimed at reducing fraud from counterfeit cards. As chip cards are phased in, magnetic stripe cards, which are easier for thieves to copy, will be phased out. Businesses of all sizes face …
Read more on Minneapolis Star Tribune

Lastest ACH Payment News

PayStand Out of Beta And Ready To Take On PayPal
PayPal and PayStand accept both credit cards and (ACH) payments in the form of eChecks and Dwolla transfers, but PayStand takes the game to a whole new level by driving consumers toward bitcoin transactions. PayPal also revealed new plans. Click here …
Read more on PYMNTS.com

MyECheck to Provide Fully Electronic Check Services to VX Gateway
About MyECheck MyECheck Inc. is a leading electronic payment technology developer providing a new electronic payment method that is replacing cash, paper checks, credit & debit cards, and ACH "e-check" payments. MyECheck operates under license to …
Read more on Broadway World

Lastest Merchant Account News

UBS On Apple Pay: Drinking The Merchant Kool-Aid
The “additional value” of mobile payments is to consumers, who can get electronic receipts, and real-time insight into spending habits and account balances. Both retailers and banks are in a position to provide that kind of value. That's what a “mobile …
Read more on The Financial Brand

Payments Business Will Bypass Banks, Says Adyen Boss
In essence, Adyen takes over the role banks play in handling payments for merchants. It offers tools and services to accept and process payments and transfers the funds from the consumer's account to the merchant's accounts at Adyen. The company, which …
Read more on Wall Street Journal (blog)

Tampa man who cheated Apple gets prison time, ordered to give back money
Parrish had at least three Chase debit cards and one SunTrust debit card — all associated with closed accounts — that he used to buy expensive electronics, to rent cars and to stay at hotels. When the canceled debit cards were declined by a merchant, …
Read more on Tampa Bay Business Journal

Lastest High Risk Merchant Account News

Aida Greenbury: Leading the line
Greenbury takes this leadership seriously and is calling on other companies to follow its lead and the industry as a whole, including printers and paper merchants, to examine their whole supply chain and reject any supplier that relies even slightly on …
Read more on ProPrint

Optimal Payments shares jump on acquisitions
The two deals combined will increase Optimal Payments' handling of merchant transaction and reduce the company's reliance on online gambling. The majority of the company's Ebitda in the past year comes from the NETELLER online gambling product.
Read more on Telegraph.co.uk

Why being an Australian startup sucks
I've wanted to write this piece for a while now, after bootstrapping in Australia for over five years we're finally getting traction. It's been a long hard slog, we've failed at almost 8 ideas and taken absolutely no funding. Maybe that's another story …
Read more on StartupSmart