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  2. Metrobank (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Metrobank_(Philippines)

    Metrobank's joint venture with ANZ was formed in 2003. Since then, MCC has become a leading provider of credit cards in the Philippines, with more than 1.5 million cards based from the data of the Credit Card Association of the Philippines (CCAP). MCC reported total assets of ₱60.4 billion and a return on average equity of 36.3 percent.

  3. BancNet Payment System - Wikipedia

    en.wikipedia.org/wiki/BancNet_Payment_System

    The BancNet (BN) Point-Of-Sale System is a local PIN-based electronic funds transfer (EFTPOS) payments solution operated by BancNet on behalf of the member banks and China UnionPay (CUP). The BN point of sale (POS) System allows merchants to accept the automated teller machine (ATM) cards of any active BancNet member bank as payment for goods ...

  4. Payment system - Wikipedia

    en.wikipedia.org/wiki/Payment_system

    A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [1][2] A payment system is an operational network which links bank ...

  5. MoneyGram - Wikipedia

    en.wikipedia.org/wiki/MoneyGram

    MoneyGram was formed in 1988 as a subsidiary of Integrated Payment Systems Inc. [13] [14] [15] Integrated Payment Systems was a subsidiary of First Data Corporation, which was itself a subsidiary of American Express. [9] In 1992, First Data was spun off from American Express and publicly traded on the New York Stock Exchange.

  6. BancNet - Wikipedia

    en.wikipedia.org/wiki/BancNet

    BancNet was founded on July 17, 1990, as the Philippines' second ATM consortium when the ATMs of eight banks, PCI Bank (later Equitable PCI Bank, now Banco de Oro), Security Bank, Chinabank, RCBC, Allied Bank (now part of PNB), Metrobank, International Exchange Bank (now part of UnionBank) and CityTrust Banking Corp. (now part of BPI) formed BancNet.

  7. The Clearing House Payments Company - Wikipedia

    en.wikipedia.org/wiki/The_Clearing_House...

    The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks. [3]

  8. Management buyout - Wikipedia

    en.wikipedia.org/wiki/Management_buyout

    Management buyout. A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management - and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading ...

  9. Online Banking ePayments - Wikipedia

    en.wikipedia.org/wiki/Online_Banking_ePayments

    A fourth category requires that a merchant have a single connection to an alternative payment provider. This alternative payment provider has connections to multiple online banks. This does not require the consumer to share their online banking credentials, but still offers the same advantages to the merchants as “overlay payment solutions ...

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