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Blog posts by Andy Efstathiou

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  • Worldline Awarded Merchant Acceptance Card Processing Contract by Diners Club

    Sep 12, 2013, by Andy Efstathiou

    Worldline dominates the Belgian marketplace for electronic payments. This contract will provide good growth for Worldline in this market, as Discover and Diners Club have significant (but much smaller than MC or Visa) memberships. However, this is an even bigger win for Diners Club, because they will now have usability with the largest payments network in the Benelux countries for their card membe[...]

  • Euronet Launches Money Transfer Service To Enter Consumer Markets for Cross Border Payments

    Sep 05, 2013, by Andy Efstathiou

    Money transfer has been the fastest growing segment of money transfer services. A global network is necessary to succeed in this business. This new offering makes sense for Euronet, as it leverages their existing network. This offering should also grow much faster than the corporate business over the next five years. [...]

  • Jack Henry: 12% Revenue Growth in Fiscal Q4 2013, Driven by Services

    Aug 13, 2013, by Andy Efstathiou

    Jack Henry has announced fiscal Q4 2013 revenues, for the period ending June 30, 2013, of $298.2m, up 12.0% year-over-year. A strong quarter and year built off strong growth in services. Jack Henry achieved accelerating revenue growth and earnings growth each quarter in FY 2013. Like many solution vendors, Jack Henry found its services grew, while product sales shrank. Jack Henry will hav[...]

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