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Tungsten Network "was founded [in 2013] by Edmund Truell and Danny Truell to identify and acquire a company, business or asset within the financial services sector which it can grow into a business with a significant market presence in a segment with potential for sustainable long-term cash generation, return on equity and growth."
March 11, 2013: Online Resources Corporation was acquired. [22] November 5, 2013:The purchase of Official Payments Holdings, [23] a seller of electronic bill payment technology that processed about 20 million payments, worth more than $9 billion, annually, was completed. [24] July 21, 2014: An agreement was announced to acquire Retail Decisions ...
Asset recovery, also known as investment recovery or resource recovery, is the process of maximizing the value of unused, excess, or end-of-life assets through reuse, redeployment, or divestment. Businesses often use it to manage surplus inventory , refurbished goods , or equipment returned after leases , and it’s also common during ...
An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits .
Shift4 Payments, Inc. is an American payment processing company based in Allentown, Pennsylvania. [ 2 ] [ 3 ] The company, founded in 1999 by the then 16-year-old Jared Isaacman , processes payments for over 200,000 businesses in the retail, hospitality, leisure and restaurant industries.
By the end of 2010, the company had acquired TNB Card Services, [9] National Processing Company (NPC) [10] and certain assets of Springbok Services, Inc. Prepaid Platform. [11] In June 2011, Fifth Third Processing Solutions assumed the Vantiv name. [12] The company adopted the name "Vantiv" in June 2011 as a step towards becoming a public company.
Heartland Payment Systems, Inc. is a U.S.-based payment processing and technology provider. Founded in 1997, Heartland Payment Systems' last headquarters were in Princeton , New Jersey. [ 2 ] The company was acquired by Global Payments for $4.3 billion in 2016.
Chase Paymentech is an American payment service provider and merchant acquiring business that is part of JPMorgan Chase. Paymentech payment platforms supports businesses to process payments. In addition to its payment services the company provides associated business services such as analytics, payment fraud detection, and data security. [1]