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NewsBriefs

ISV space." For the hundreds of ISV partners working with CardConnect and novation at Wells Fargo, demonstrat-
BluePay, the blending of the two organizations is expected to provide added ed the mobile app May 10, 2018, at
functionality without requiring changes to existing technical integrations, First the company's Investor Day. He de-
Data noted. scribed the solution as part of a mul-
tipronged effort to transform Wells
Wells Fargo aims to wow and retain customers Fargo's customer experience.

Wells Fargo & Co. launched Pay with Wells Fargo, a solution designed to sim- Apple, Goldman Sachs
plify mobile payments by consolidating a variety of mobile payment schemes co-branded card underway
into a single app. Avid Modjtabai, Head of Payments, Virtual Solutions and In-
If all goes according to plan, Apple
Inc. and The Goldman Sachs Group
Inc. will release a co-branded credit
card and in-store loan offering for
Maybe we need to rethink this race to the bottom... Apple customers early in 2019. While
neither company agreed to com-
ment, The Wall Journal was informed
both parties are in discussions re-
garding the joint offering and terms
and conditions of a potential part-
nership. For Apple, the partnership
would extend its foray into finance
through Apple Pay. A joint credit
card bearing the Apple Pay brand,
provided an agreement is reached, is
expected to replace the rewards-card
and no-interest financing arrange-
ment Apple forged with Barclays
Plc. in 2005. For Goldman Sachs, the
move further diversifies its securi-
ties' business as the company moves
into consumer banking and financ-
ing through its Marcus unit.
MCA comes of age at
Tired of being promised the kitchen sink to find yourself circling the drain?
Broker Fair 2018
Let’s be realistic. We’re tired of seeing others’ impossible promises,
because in the end, we know it’s all hype. Broker Fair 2018, held May 14, 2018,
was the first conference of its kind
We don’t do wake up calls, but we’ll throw in some business cards! for merchant cash advance (MCA)
professionals and unsecured small
The Merchant Store Promise: business lenders. Educational ses-
• 65 - 80% commission
• Transaction fees: 2 - 5 cents! sions, panel discussions and keynote
• $1.00 - $4.50 statement fees! addresses covered a range of topics,
• Up-front cash! from marketing and SEO optimiza-
• True revenue sharing! tion to syndication, software dem-
• Wholesale equipment pricing! onstrations, regulatory issues and
• Terminal and POS placement options! business development strategies. In
• And, one-on-one support, when and how you need it! his opening remarks, Broker Fair
founder Sean Murray, Chief Editor
Real partner solutions for real agents! and Publisher of deBanked, recalled
attending numerous conferences
To setup your custom agent program, that covered algorithms, factoring
TheMerchantStore Contact us at: 844.898.2884 and traditional lending in depth but
Minding your business or Visit our website: MsiAgents.com sidelined MCA topics. "I asked event
organizers, why not include more
LIFETIME RESIDUALS :: UP-FRONT CASH :: WHOLESALE EQUIPMENT than one panel on MCA? A lot of
them said they didn't think people
Merchant Store Inc. is a registered ISO/MSP of: Deutsche Bank AG; New York, New York;
and Wells Fargo Bank, N.A., Walnut Creek, CA. American Express may require separate approval. would be interested," he said.

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