Category: Business

Sage Acquires Merchant Services Business Verus Financial

Sage Acquires Merchant Services Business Verus Financial

Verus has grown rapidly organically, following a series of acquisitions in 2002 and 2003. Revenue for the year ended December 31, 2005 was approximately $64 million* (2004: $51 million), representing a growth of 26% on the prior year. Operating profit before depreciation and amortization was approximately $21 million* (2004: $7 million), having grown strongly during…

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Business Check Processing to Its Electronic Check

Business Check Processing to Its Electronic Check

NOVA Information Systems (NOVA), a wholly owned subsidiary of U.S. Bancorp (NYSE:USB), today announced that it has enhanced its Electronic Check Service (ECS) product line to support business checks as well as consumer checks. The service now electronically converts just about all checks presented in person or through the mail into electronic items for processing.…

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Government Grants 1

Government Grants 1

Nearly every student is eligible to receive free funding for his or her education expenses. Both the U.S. Federal and State Governments, as well as private organizations, offer free money to assist students with paying for a college education. This is money that never has to be repaid! These free funds come in the form…

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