Company on the Move: Emerchants, Store Financial, Rebranding as EML
Following Emerchants’ May 2016 acquisition of Store Financial’s U.S. and Canada operations, the company has unveiled a new brand name and identity: EML. The firm also includes the former operations of Store Financial Europe Ltd., which Australia-based Emerchants acquired in 2014. The newly christened EML will serve as an international program manager and processor for reloadable and non-reloadable payroll, gift, incentive and reward cards and a provider of payments optimization. As a combined entity, EML is the world’s largest provider of restricted authorization network (RAN) gift card solutions for shopping centers, processing billions of dollars in payments each year and managing more than 850 programs across North America, Europe and Australia, according to the company.