Cardlytics Inc., a specialist in deriving marketing data from payments flows, has agreed to acquire customer-data platform Bridg Inc. for $350 million.Pay Theory, a specialist in payments technology for school districts, is integrating its services with Abre.io, a provider of administration platforms for elementary and high schools.Airvet, a provider of …
Read More »3-D Secure Use up 73% and other Digital Transactions News briefs from 4/12/21
Cybersecurity provider RSA said payment transaction volume using 3-D Secure increased 73% globally in 2020 over 2019 in its RSA Quarterly Fraud report for the 2021 first quarter.The payments provider FreedomPay said the Foot Locker Inc. chain has installed its payments system across Foot Locker’s more than 2,000 U.S. stores.Workflow-automation company DocuPhase announced it has acquired …
Read More »Square Debuts in Ireland and other Digital Transactions News briefs from 4/9/21
Square Inc. entered the acquiring market in Ireland with its Early Access Program, which offers small and medium-size merchants what the company calls exclusive access to Square technology. Square expects to launch its technology generally in Ireland later this year.Transact Holdings Inc., a specialist in payments technology for college campuses, said …
Read More »Adyen Adds Afterpay Option and other Digital Transactions News briefs from 4/8/21
Payments provider Adyen NV said it is offering the buy now, pay later service from Afterpay Ltd. to its merchants in the United Kingdom, the United States, Canada, Australia, and New Zealand.PayMaple LLC, a payments-technology provider specializing in automobile dealerships, said it has joined a partner program from CDK Global Inc., a …
Read More »Loop’s Vend Integration and other Digital Transactions News briefs from 4/7/21
Contactless-technology provider Loop Insights Inc. announced it has integrated its service with an application programming interface for billing from point-of-sale technology provider Vend Ltd. The integration enables onboarding of Vend merchants to Loop’s compliance and reporting platform. Processor Lightspeed POS Inc. last month agreed to acquire Vend in a deal valued at $350 million. …
Read More »Brinks Acquires PAI and other Digital Transactions News briefs from 4/6/21
The Brink’s Co. announced it has acquired ATM owner and services provider PAI Inc. for $213 million. PAI’s network links 100,000 machines.Banking-technology provider Jack Henry & Associates Inc. announced more than 115 financial institutions are now live on its real-time payments hub, JHA PayCenter. The hub connects to The Clearing House Payments Co.’s Real Time …
Read More »Intuit Teams With Practice Ignition and other Digital Transactions News briefs from 4/5/21
Intuit Inc. said its Intuit ProConnect unit has partnered with Practice Ignition, a service provider to accounting firms, to provide payments and other services to tax-preparation professionals. Intuit in February sued Visa Inc. and Mastercard Inc., alleging the networks’ interchange pricing models constitute unlawful price fixing.Payments provider i3 Verticals Inc. said it has acquired two …
Read More »dLocal Raises $150 Million Investment and other Digital Transactions News briefs from 4/2/21
Payments-technology provider dLocal Ltd. announced a $150-million investment led by Alkeon Capital and valuing the company at $5 billion. The company also appointed former Chase executive Sumita Pandit chief operating officer. Former COO Jacobo Singer was promoted to president.PayGround Inc., a payments provider specializing in health care, has reached an agreement with …
Read More »Paysafe’s New Loyalty Program and other Digital Transactions News briefs from 4/1/21
Paysafe Group Holdings Ltd. has launched Neteller Knect, a loyalty program for users of its Neteller digital wallet. The program is active in more than 100 countries. Paysafe earlier this week went public via its merger with Foley Trasimene Acquisition Corp. II.Sightline Payments, a startup specializing in payments for the gaming, lottery, and …
Read More »23.1 Billion ACH Payments in 2020 and other Digital Transactions News briefs from 3/31/21
The top 50 originating institutions for automated clearing house transactions accounted for 23.1 billion payments in 2020, up 8.6% over 2019 and nearly 93% of all commercial ACH payments, according to Nacha, the governing body for the ACH. The 50 largest receiving institutions controlled 61.2% of volume with 16.4 billion payments, …
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