Posts From: January 2017

Western Union Paying $586 Million For Not Stopping Fraud

The Western Union Company (NYSE: WU) today announced agreements with the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC) that resolve previously disclosed investigations focused primarily on the...

Payments
ECommPay to Exhibit at ICE Totally Gaming 2017

ECommPay returns to ICE Totally Gaming on February 7-9 to showcase the latest payment technologies, establish new connections, and engage in dialogue with leading gaming professionals. Meet ECommPay’s team of...

Payments
Paysafe Revenue ahead Of Expectations

Global payment provider Paysafe Group issued an unaudited trading update for the year to 31 December on Thursday, reporting continued strong momentum during the second-half as it focused on building...

Payments
Paysafe Group starts share buyback program

Payments services company Paysafe Group plc (LON:PAYS) today announced that it intends to commence an inaugural share buyback programme of up to £100 million. The Paysafe buyback comes to counteract...

Payments
GVC sell Kalixa

Multinational sports betting and gaming group GVC Holdings has agreed to sell its payments processing business, Kalixa, to Senjo Group for a total consideration of €29.0 million payable in cash...

Payments
Paysafe Group shares drops, under attack from US short seller

Digital payment systems firm Paysafe Group PLC (LON:PAYS) saw its shares drop sharply today which traders attributed to a negative report from a US short selling firm called Spotlight Research....

Payments
NETELLER and Skrill Backing Out of 100 Countries

NETELLER and Skrill, two commonly used payment options at many popular online poker sites, will no longer be providing prepaid MasterCard services to customers in 100 countries, their parent company...

Payments