Search results
Results from the WOW.Com Content Network
Adyen was founded in 2006 by Pieter van der Does and Arnout Schuijff, now the CEO and CTO, respectively. [5] Headquartered in Amsterdam, the company employs around 2,000 people in offices in twenty-three countries. [4] The name Adyen means 'start again' in Sranan Tongo. [6] This is a reference to this being the second project of the founders ...
An acquiring bank (also known simply as an acquirer) is a bank or financial institution that processes credit or debit card payments on behalf of a merchant. [ 1 ] The acquirer allows merchants to accept credit card payments from the card-issuing banks within a card association, such as Visa , MasterCard , Discover , China UnionPay , American ...
Directors and management staff or a company threatened with a hostile takeover who only put up a token fight before giving up. Supermajority Amendment A provision in the corporate charter to fend off hostile takeovers which requires a very large number of shareholders, between 67% and 90%, to approve major decisions of the company. Takeover
The special-purpose vehicle is financed with several tranches of debt (typically a ‘AAA’ rated tranche, a ‘AA’ tranche, a ‘BBB’ tranche, and a mezzanine tranche with a non-investment grade rating) that have rights to the collateral and payment stream in descending order.
Electronic Funds Transfer at Point Of Sale, abbreviated as EFTPOS (/ ˈ ɛ f (t) p ɒ s /), is the technical term referring to a type of payment transaction where electronic funds transfers (EFT) are processed at a point of sale (POS) system or payment terminal usually via payment methods such as payment cards (debit cards, credit cards or gift cards).
The Four Corners model, often referred to as the Four Party Scheme is the most used card scheme in card payment systems worldwide. This model was introduced in the 1990s. It is a user-friendly card payment system based on an interbank clearing system and economic model established on multilateral interchange fees (MIF) paid between banks or other payment institutions.
Worldpay is an American multinational financial technology company and payment processing company.Worldpay provides payment and technology services to merchants and financial institutions globally generating 40 billion transactions across 146 countries and 135 currencies.
A person performing the chief executive function may be a member of the governing body but need not be. If the chairman of the governing body is also the chief executive, he will be discharging this function. If the responsibility is divided between more than one person but not shared, there is no person exercising the chief executive function.