提升数据安全管理 华夏时报记者付乐北京报道 6月6日，记者从中国支付清算协会获悉，中国支付清算协会近日发布了《收单外包服务机构备案管理规范》(下称 《备案规范》)和《收单外包服务评价管理规范》(下称《评价规范》)，两项规范自发布之日起施行。 两项规范作为《收单外包服务自律管理办法》配套自律规范，进一步明确了外包机构备案、信息登记、风险信息 共享与黑名单管理、自律评价的具体内容、行业标准与操作流程。其中，《备案规范》进一步细化外包机构备案 管理具体内容、标准和程序，强调数据安全管理。《评价规范》则包含了外包机构信息登记、外包机构风险信息 管理、收单外包服务评价、纪律与约束等内容。 6月6日，博通分析金融行业资深分析师王蓬博对《华夏时报》记者表示，规范从根本上通过细化信息登记、风险 分级、黑名单管理及自律评价机制，解决收单外包市场长期存在的违规经营、涉赌涉诈、套码套现、转包分包、 风险传导等问题，提升行业透明度和风险防控能力，推动收单外包服务机构规范化发展。 所谓"收单外包服务机构"，是指经市场监督管理机构或国家有权机关批准成立，接受收单机构委托，承办收单非 核心业务并提供相应服务的机构。 简单理解，"收单外包服 ...

Core Viewpoint - Fiserv is acquiring the remaining 49.9% stake in AIB Merchant Services (AIBMS) from AIB Group to enhance its merchant services presence in Ireland and Europe [1][2]. Group 1: Acquisition Details - The transaction, announced on June 6, will provide Fiserv with full ownership of AIBMS, a leading payment solution provider in Ireland and a significant eCommerce acquirer in Europe [2]. - AIBMS was established in 2007 as a joint venture, and AIB Group will continue to refer customers exclusively to AIBMS and Fiserv for merchant services [2]. - Financial terms of the deal were not disclosed, and it is subject to regulatory approvals, expected to close in the third quarter [2]. Group 2: Strategic Intent - The acquisition aligns with Fiserv's strategy to drive growth in the region, particularly by expanding the reach of its Clover point-of-sale and business management platform [3]. - Fiserv aims to deliver market-leading solutions to clients of all sizes across Ireland and Europe, focusing on enhancing the local penetration and growth of Clover [4]. Group 3: Market Trends and Performance - There is a growing demand from merchants for payment providers to offer more than just transaction processing, including value-added services like data management and loyalty programs [4]. - A May 2025 PYMNTS Intelligence report indicated that nearly half of U.S. merchants prioritize technology upgrades, such as one-click checkout, to improve conversion rates and customer experience [4]. - Fiserv's latest quarterly results showed a 7% organic revenue growth and a 27% increase in Clover revenue, with the platform now operating in 13 countries, highlighting the company's intent to deepen its merchant services offerings [5].

Key Takeaways MA's adjusted operating expenses jumped 13% in Q1, driven by advertising and admin costs. Despite higher costs, MA's adjusted operating margin rose to 59.3% from 58.8% year over year. MA expects mid-teens expense growth in 2025, along with low-teens growth in net revenues.Mastercard Incorporated (MA) exited the first quarter with a sharp rise in costs. Its adjusted operating expenses rose 13% year over year to $3 billion in the first quarter, on the heels of 10.5% and 11.0% increases in 2023 ...

Summary of Visa (V) FY Conference June 05, 2025 Company Overview - Visa is a global leader in payments with nearly 14,500 financial institutions issuing 4.8 billion Visa credentials used at over 150 million merchant locations worldwide [4][20] - VisaNet boasts six nines of reliability and is recognized as the seventh most valuable brand globally [4] Core Business and Innovations - Visa operates on a "Visa as a Service" stack, which includes global connectivity, infrastructure, and a services architecture that supports various capabilities [5][6] - Recent innovations include Visa Intelligent Commerce, which utilizes AI to enhance payment security and personalization [7][8][10] - Visa has partnered with major AI platforms like OpenAI and Microsoft to enhance its AI commerce capabilities [11] Stablecoins and Crypto Initiatives - Visa has been actively involved in the crypto and stablecoin space, facilitating nearly $95 billion in crypto purchases since 2020 [13] - The company is focusing on three areas: cards, treasury solutions, and programmable money [12] - Visa has settled over $225 million in transactions using USDC and expects to exceed $1 billion in the next 12-18 months [17] Growth Drivers - Visa identifies three key growth drivers: consumer payments, commercial and money movement solutions (CMS), and value-added services (VAS) [20] - The total addressable market for consumer payments is estimated at $23 trillion, primarily from cash and legacy payment methods [21] - Visa Direct has seen significant growth, with nearly $10 billion in transactions in FY 2024 and a sixfold increase in transaction volume since 2019 [26][27] Commercial Payments and Money Movement - Visa Commercial Solutions holds a 40% market share in commercial card payments and is the largest money movement platform globally [27] - The CMS opportunity is valued at $200 trillion, with Visa targeting $60 trillion in B2B flows [28][29] - Visa Direct's strategy includes expanding domestic use cases and enhancing cross-border capabilities [30][31] Value-Added Services - Visa's VAS portfolio generated $8.8 billion in revenue in FY 2024, focusing on loyalty, fraud prevention, and consulting services [22][24] - The company is diversifying its VAS revenue by expanding services beyond Visa payments [22] Conclusion - Visa's strategy is centered on leveraging its robust infrastructure and brand to drive growth in consumer payments, commercial solutions, and innovative services [35] - The company is committed to delivering long-term shareholder value through sustainable growth and profitability [35]

BLOOMINGTON, Minn. and SAN FRANCISCO, June 5, 2025 /PRNewswire/ -- CaringBridge, the nonprofit health communication platform, is partnering with DoorDash, the local commerce platform that connects people with their favorite businesses, to launch a special two-day fundraising match campaign on June 5th and 6th. During this time, DoorDash will match all donations made on www.caringbridge.org, up to $25,000. This campaign builds on DoorDash's ongoing support of CaringBridge and family caregivers. Through a par ...

Visa William Blair Conference June 5, 2025 Forward-looking statements This presentation and related materials contain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth, anticipated timing and benefits of our acquisitions, and financial outlook. Forward-looking statements generally are identified by words such as "anticipates," "believes," "e ...

PaySign Inc. Conference Call Summary Company Overview - **Company Name**: PaySign Inc. (Ticker: PAYS) - **Industry**: Payment services, primarily in healthcare - **Headquarters**: Southern Nevada, near Las Vegas - **Incorporation Year**: 1995 - **Public Listing**: Went public through a reverse merger in 2018 Core Business Segments - **Healthcare Payments**: Predominantly provides payment services to the healthcare industry, including patient affordability programs and plasma donor payments [5][9] - **Patient Affordability Programs**: Helps patients cover copays for expensive medications, with a focus on reducing abandonment rates for prescriptions [9][10] - **Plasma Industry**: Engaged in electronic payments for plasma donation centers, holding a 40% market share in the U.S. [8][11] Financial Performance - **Revenue**: - 2024 projected revenue: $58.4 million - 2023 revenue: $87 million from plasma business and $12.7 million from patient affordability [11][16] - Patient affordability business expected to grow at least 135% in 2024 [11] - **Adjusted EBITDA**: $13 million for the trailing twelve months, with margins improving [16][34] - **Cash Position**: $111 million in cash, with zero debt [15][34] - **Gross Margins**: Increased to 62.9% from 53% year-over-year [14] Market Dynamics - **Plasma Market**: - U.S. provides over 75% of the world's plasma, with a normal growth rate of about 5% annually [8][26] - Anticipated decline of 8-10% in plasma business revenue due to operational adjustments post-COVID [26] - **Patient Affordability Market**: - Total Addressable Market (TAM) estimated at over $500 million, indicating significant growth potential [29] Strategic Initiatives - **Acquisition of Gamma Innovation**: - Acquired for $16 million, aimed at enhancing software capabilities in the plasma industry [28][30] - **Dynamic Business Rules Technology**: - Proprietary technology that saved customers over $100 million in claims in 2024, expected to double in 2025 [22] Leadership and Expertise - **Senior Leadership**: Comprised of individuals with extensive backgrounds in banking, payments, and healthcare, enhancing domain expertise [13][39] - **Analyst Coverage**: Covered by five firms, all with buy or equivalent ratings, target prices ranging from $6 to $8 [35] Additional Insights - **Customer Engagement**: The company emphasizes direct partnerships with pharmaceutical companies, enhancing payment capabilities and transparency [42][44] - **Operational Efficiency**: The call center operates at breakeven, indicating effective cost management [17] - **Regulatory Environment**: The company operates primarily in the U.S. market, with limited applicability of its services outside due to different healthcare systems [37] Conclusion PaySign Inc. is positioned for growth in the healthcare payment sector, with strong financials, innovative technology, and a strategic focus on expanding its market share in both the plasma and patient affordability segments. The leadership team's expertise and recent acquisitions further bolster its competitive advantage in a rapidly evolving industry.

Payoneer Global (PAYO) FY Conference June 04, 2025 01:40 PM ET Speaker0 Alright. Thanks everyone for joining us today both in person and online. My name is Chris Kennedy. I'm the research analyst at William Blair covering the fintech and payment space. For a complete list of research disclosures and or potential conflicts of interest, please visit our website at williamblair.com. Next up, we have Payoneer. From the company, we have the CEO, John Kaplan, and the CFO, Pete Ordonez. Payoneer does a lot of thin ...

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE REPURCHASE INVITATION OF THE SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW Worldline announces the results of the repurchase of its outstanding OCEANEs due July 2026 via a reverse bookbuilding process Paris La Défense, June 4, 2025 – Worldline [Euronext: WLN], a global leader in payment services, announces the results of the repurch ...

I only buy strong businesses. I only buy them when they're cheap. Backgrounds in economics, philosophy, government, data. I started my investing journey with a fairly concentrated portfolio of Canadian dividend payers in the telecom, pipeline and banking industries. I have moved forward through different industries including payments, US regional banking, Chinese and Brazilian equities, REITs, technology companies and a few other emerging market opportunities, as well as microcap through to megacap range. I ...