Saturday , January 19, 2019

Mergers & Acquisitions

January, 2019

  • 17 January

    Fiserv’s Planned Acquisition of First Data Raises Questions About the Debit Market’s Future

    The proposed merger of Fiserv Inc. and mega-processor First Data Corp. has huge implications for many parts of the payments industry. But the deal, if consummated as planned, could have an especially large effect on the U.S. debit card market. First Data owns the Star electronic funds network, while Fiserv …

  • 17 January

    WEX’s Latest Acquisition and other Digital Transactions News briefs from 1/17/19

    WEX Inc., a payments and technology provider in the fleet, travel, and health-care sectors, said it has acquired Discovery Benefits Inc., an employee-benefits administrator serving more than 1 million consumers across the country. New York City & Co., the official visitors’ bureau for the city of New York, said it …

  • 16 January

    Fiserv Stuns the Industry With a Massive All-Stock Acquisition of First Data

    In a stunning announcement that surprised many observers, Fiserv Inc. said Wednesday morning it has struck a deal to acquire First Data Corp. with what the parties say will be the biggest ever such transaction in the payments and financial-technology businesses. The all-stock deal, expected to close in the third …

  • 11 January

    Ingenico’s Latest Acquisition and other Digital Transactions News briefs from 1/11/19

    Point-of-sale terminal maker and payment-services provider Ingenico Group said it completed its acquisition of New Zealand’s Paymark payment network. Processor Bottomline Technologies Inc. said it has added The Access Bank UK Ltd. to the United Kingdom’s Faster Payments Scheme (FPS) via Bottomline’s Real Time Payments Service. Brex, a provider of corporate cards for startups, …

  • 10 January

    Graylin Starts Another Payments Enterprise and other Digital Transactions News briefs from 1/10/19

      Will Graylin, a payments entrepreneur and former Samsung Pay executive, launched OV Loop, which includes two voice-activated messaging products, OV App and OV Pro. OV App includes OV Pay, a single-tap payment application under development with financial institutions. Online merchants that don’t process local currencies fail to consummate 6% …

  • 8 January

    Paya Makes Another Integrated-Payments Play With a Deal for First Billing Services

    Paya Inc. said on Tuesday is has acquired First Billing Services, a Dayton, Ohio-based billing processor for municipalities, utilities, and multifamily housing units. The $57.5 million deal, which Paya chief executive Jeff Hack says was consummated minutes before midnight on New Year’s Eve, represents the Reston, Va.-based payments provider’s second …

  • 3 January

    A Look Back at 2018’s 10 Most Popular Digital Transactions Posts

    Fraud, acquisitions, and interchange dominated the top 10 list of news articles posted to DigitalTransactions.net in 2018. Starting with a $6.2 billion pact between Visa Inc. and Mastercard Inc., on one hand, and defendant banks, on the other, stemming from 13-year-old litigation over credit card interchange, to American Express Co.’s …

December, 2018