Last week, Vantiv Inc. secured a significant card processing deal. And the payments industry barely noticed. It should have. Vantiv, based in Cincinnati, scored the processing business of Papa John’s International Inc., the fourth-largest pizza store chain in the nation. But Vantiv didn’t just secure the payments volume in its 3,300 stores.Read More
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American Express today dispelled market rumors that it would expand its OptBlue program. The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank InnovationRead More