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- CargoSprint, a payments processor for the cargo industry, has acquired Advent Intermodal Solutions LLC, which provides technology for port operations, including payments. Terms were not disclosed.
- The payments network Modern Rails has begun using the FedLine Direct Solution to support connections to the Federal Reserve’s payment-settlement network for banks and credit unions.
- The Western Union Co. has authorized a $1-billion share repurchase of its common
- FlexShopper, a lease-to-own platform, has agreed to provide payments processing for Tire Agent’s Web site and to host the merchant as a preferred retailer on the FlexShopper marketplace.
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