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North American Bancard Holdings and Total Merchant Services Announce Agreement for the Acquisition of Total Merchant Services

Acquisition further accelerates North American Bancard’s growth in business payment solutions and services  TROY, Mich. and WOODLAND HILLS, Calif., May 17, 2017 – North American Bancard Holdings, LLC (NAB), a multi-faceted and award-winning payment solutions provider, and Total Merchant Services, Inc. (TMS) announced today their agreement pursuant to which NAB will acquire TMS. The combined entity will be the 7th largest processor in terms of merchant locations in North...

Beware of False Declines: Survey

False declines, rejecting good transactions because they are thought to be fraudulent, can prompt millennials to change financial institutions, according to an Aite Group/Iovation survey. More than 42 percent of consumers said that a false decline would motivate them to leave their banking institution altogether. False declines occur when a valid transaction by the authorized cardholder is erroneously declined. Last year in the U.S. market, approximately $264 billion in card...

Star Micronics Introduces the TSP100IIIU Thermal Receipt Printer

Star Micronics’ new TSP100IIIU offers an easy USB printer connect for iOS, Android, and Windows devices Somerset, NJ – May 15, 2017 – Star Micronics, leading provider of point of sale and proof of transaction technology, is proud to introduce the newest addition to the TSP100III series, the TSP100IIIU. Already offered with LAN, WLAN, or Bluetooth interface, Star Micronics is now offering the TSP100III with simple USB connectivity for intuitive use and easy...

Kount’s 7 Best Practices for Manual Reviews

Suspicious ecommerce transactions require reviews to deny fraudulent ones from going through and to minimize the number of false positives. In a recently published ebook, Kount lists the seven best practices for manual reviews: Make sure that reviewers/analysts are properly trained. Kount recommends that they have a background in law /law enforcement, strong analytic and investigative skills and who are persistent. Use automation to alert the company to suspect...

Brands Still Matter: Blackhawk Network

If mobile marketers want to be successful, they need to pay attention to brands, according to Teri Llach, chief marketing officer, and David Jones, general manager for Blackhawk Network’s digital and incentive divisions. While some marketers have theorized that brands don’t mean too much to today’s consumers, recent Blackhawk research shows quite a different story. The study shows that trust in brands is higher than banks, social networks, government and the media....

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