Monday , July 15, 2024

Accel-KKR Picks up Accertify and other Digital Transactions News briefs from 5/3/24

  • Accertify, which provides fraud prevention, chargeback management, account protection, and gateway services, said private equity firm Accel-KKR completed the acquisition of the company from American Express Co., which it acquired in 2010. Terms were not disclosed.
  • The U.S. Payments Forum announced a white paper exploring the links between connected cars and contextual payments, as forecasts indicate an estimated 95% of new cars sold globally will be digitally connected for automatic payments for services such as tolls or ride shares.
  • The U.S. Payments Forum announced a white paper exploring the links between connected cars and contextual payments, as forecasts indicate an estimated 95% of new cars sold globally will be digitally connected for automatic payments for services such as tolls or ride shares.
  • Payments and banking technology provider NCR Voyix Corp. said it is integrating technology from Olo Inc., a provider of payments services for restaurants.
  • Gavin McMillan has stepped down from his roles as chief executive and board member of RevoluGroup Canada Inc., parent of RevoluPay, and is leaving the company. McMillan joined the company as CEO in August. The board has initiated a search for a successor.
  • Banking veteran Brett Pitts has joined the board of DailyPay, an earned-wage access platform. Pitts most recently was head of North American treasury and payments solutions for BMO Financial Group.
  • Intuit Inc. appointed Vasant Prabhu to its board of directors. Prabhu was chief financial officer at Visa Inc. from 2015 to 2023, and vice chairman at the company from 2019 to 2023.

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