|06/22/18||Worldpay Announces Loan Repricing and Interest Rate Hedging Agreements|
|CINCINNATI, June 22, 2018 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP, LSE: WPY), a leading payments technology company, successfully closed an amendment to its credit facility on June 22, 2018. Under the terms of the agreement, Worldpay expects to reduce the pricing of its $6.5 billion in Term Loans by approximately 25 basis points, resulting in annual interest expense savings of approximately $15 million, net of expenses; a partial year benefit is anticipated in 2018 due to the timing of the amen... |
|06/21/18||New Worldpay Solution Aims to Increase Online Payment Approvals|
|AuthMax is designed to allow eCommerce merchants in the U.S. to capture higher approvals, retain customers, and generate more revenue
CINCINNATI, June 21, 2018 /PRNewswire/ -- Vantiv, now Worldpay, Inc. (NYSE: WP), today unveiled AuthMax™, a new authorization solution that is designed to increase credit and debit card approval rates for eCommerce merchants based in the U.S. by analyzing transaction data and applying behavior-driven rules. By working to boost approval rates for card-not-pres... |
|06/12/18||Worldpay and IDEMIA introduce MOTION CODE debit cards to financial institutions in the U.S.|
|MOTION CODE™ technology can help reduce the financial institution's cost burden managing CNP fraud
CINCINNATI, June 12, 2018 /PRNewswire/ -- Vantiv, now Worldpay, Inc. (NYSE: WP) and IDEMIA are spearheading the first North American pilot of the MOTION CODE™ debit card, a dynamic payment card that aids in the fight against card-not-present (CNP) fraud and against hackers to offset the repercussions banks face as a result of data breaches.
The average cost of a data breach in the U.... |
|06/04/18||Asif Ramji Appointed as Worldpay's Chief Product Officer|
|Ramji brings decades of payments and software leadership to position
CINCINNATI and LONDON, June 4, 2018 /PRNewswire/ -- Vantiv, now Worldpay, Inc. (NYSE: WP), a leading payments technology company, announced today that it has appointed Asif Ramji to the role of Chief Product Officer (CPO), effective today. He will report to Executive Chairman & Co-CEO Charles Drucker and become a member of the company's Executive Committee.
As CPO, Ramji will be responsible for the development of Wor... |
|05/10/18||Worldpay Reports First Quarter 2018 Results|
|Reports Strong Results for its First Quarter as a Combined Company
CINCINNATI and LONDON, May 10, 2018 /PRNewswire/ -- Worldpay, Inc. (NYSE: WP, LSE: WPY) ("Worldpay" or the "Company") today announced financial results for the first quarter ended March 31, 2018. Worldpay, Inc. was formed on January 16, 2018 through Vantiv Inc.'s previously announced acquisition of Worldpay Group plc. Net revenue for Worldpay, Inc. increased 81% to $850.7 million as compared to $470.1 million in the prior ye... |