AMG News

Advanced Merchant Group Ranks No. 1929 on the 2011 Inc. 500|5000 with Three-Year Sales Growth of 133%

NEW YORK, August 23, 2011 – Inc. magazine today ranked Advanced Merchant Group  NO. 1929 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. Advanced Merchant Group joins Spirit Airlines, television maker Vizio, Honest Tea, Dunkin Donuts and Metrokane, makers of the Rabbit corkscrew, among other prominent brands featured on this year’s list.

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AMG SecurePay™ Chosen Again for Extreme Home Makeover

While Elite Homes, Inc. prepared to build a house for the Lampe family of Fairdale, Kentucky for ABC’s Emmy award-winning show, Extreme Makeover: Home Edition – AMG SecurePay was honored, once again, to be asked to provide the payment gateway services for this endeavor.

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Federal Reserve Issues Final Rule on Durbin Amendment

The Federal Reserve Board on Wednesday issued a final rule establishing standards for debit card interchange fees and prohibiting network exclusivity arrangements and routing restrictions. This rule, Regulation II (Debit Card Interchange Fees and Routing), is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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