Separate efforts by Par Technology Corp. and SoundHound AI Inc. to boost their wins, especially among restaurant clients, appear to be paying off, if their latest earnings are indicators. ParTech, based in New Hartford, N.Y., is coming off its $132-million acquisition in January of Delaget LLC, a platform providing analytics …
Read More »Eye on Acquisitions: Deluxe Snaps up CheckMatch; Marqeta Closes on TransactPay
Deluxe Corp. is expanding its digital lockbox capabilities with the acquisition of CheckMatch, formerly part of a J.P. Morgan business unit. Meanwhile, Marqeta Inc. completed its purchase of TransactPay, a BIN-sponsorship provider. Minneapolis-based Deluxe says the addition of CheckMatch, which had been part of Kinexys by J.P. Morgan, the bank’s …
Read More »Fiserv Faces a Suit Over Claims It Misled Investors on a Merchant Migration to Clover
Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …
Read More »Eye on POS: GrabScanGo’s Easy Self-Checkout; Uncle Sharkii Picks Square; Verifone Enables Brazil’s Pix Acceptance in U.S.
It’s a busy time in the point-of-sale arena as three vendors—GrabScanGo, Square, and Verifone—note new products, customers, and features. GrabScanGo, the product name for GSG AveriGo LLC, says it has made its self-checkout platform a plug-and-play installation. Cerritos, Calif.-based GrabScanGo says the self-checkout platform, already in use in hotel brands such …
Read More »Gaming, Daily Purchasing, and Travel, Top Crypto Wallet Users’ Wish List
As more and more attention is drawn to cryptocurrency, crypto users are ready to use their holdings to make every day purchases and play games, finds a new report from Bitget Wallet. Released Monday, the report finds that, globally, 36% of respondents want to use their crypto wallets to make …
Read More »Clover Notes Selling Its 4 Millionth POS Device
In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …
Read More »Replete with Personal Data, BNPL Apps Need Consumer Monitoring, a Report Finds
Tapping a buy now, pay later app to acquire a new couch or pair of shoes means more decisions for consumers beyond choosing how to fund the purchase. A new report from Incogni Inc., a data-monitoring service, suggests they also need to be mindful of the quantity and type of …
Read More »Eye on Software: ePayPolicy Scores Another Integration, While TSG Embraces Growing Software Firm Roles in Payments
The hottest ticket in payments is software integrations, and two firms have bolstered their connections to software developers. Austin, Texas-based ePayPolicy, which provides digital payouts for the insurance industry, lined up an integration with INTX Insurance Software, also based in Austin. INTX provides administrative software to insurance carriers. ePayPolicy says …
Read More »Zelle Adds 178 Financial Institutions in Six Months
Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …
Read More »A Suit Is Dismissed Claiming Apple, Mastercard, And Visa Worked to Hold Fees in Place
An Illinois merchant’s allegations that Apple Inc., Mastercard Inc., and Visa Inc. worked to artificially maintain pricing by agreeing to funnel Apple Pay transactions via the two card networks was dismissed this week by a judge in the U.S. District Court for the Southern District of Illinois. Filed in December …
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