Acquiring

Automatic Labs Inc., a unit of SiriusXM, announced its Connected Car Assistant is available at major retailers nationwide for $99.99. The product, which consists of an app and an adapter, allows drivers to pay road tolls, among other connected-car functions. Revel Systems Inc. completed the installation of its cloud-based iPad …

POSaBIT, a point-of-sale services provider for cannabis retailers, said an analysis of “hundreds of thousands” of transactions at more than 120 California, Washington, and Colorado stores found that consumers belonging to a cannabis retailer’s loyalty rewards program had a 28% higher average ticket value and visited the store more frequently …

Transaction and dollar volume for Priority Technology Holdings Inc. managed to grow in the first quarter despite the downsizing of the merchant processor’s formerly large online subscription-billing business. Alpharetta, Ga.-based Priority reported Monday that merchant bank card processing volume rose 8.8% to $9.9 billion versus $9.1 billion in 2018’s first …

SurchX, a surcharging specialist, launched SurchX for e-commerce platform Magento. SurchX automatically calculates surcharges and fee structures based on card type and jurisdiction. The fee can be passed on for the consumer to pay. Payments provider ACI Worldwide said its real-time payments technology is supporting BMO Financial Group’s efforts to …

A report that Bank of America Corp. might not renew its joint merchant-acquiring venture with leading payment processor First Data Corp. left observers wondering Thursday what the break-up of one of the payments industry’s biggest players would mean for the companies involved, and the wider industry. The joint venture, Bank …

Cardlytics Inc., a company that uses purchase data to help financial institutions manage their rewards programs with retail partners, reported its count of monthly active users reached 108.5 million in the first quarter, up 85% over the first quarter of 2018, as users from new clients JPMorgan Chase & Co. …

Bank of America Corp. is considering not renewing its merchant-acquiring joint venture with First Data Corp., known as Bank of America Merchant Services, when the contract ends in June 2020, The Wall Street Journal reported, citing unnamed sources. BAMS is the nation’s third-largest acquirer, having processed $840 billion in payment …

Integration of JetPay, the processor NCR Corp. bought for $184 million in 2018, into NCR’s point-of-sale systems will be more broadly available in the second half of 2019, NCR said Tuesday. NCR intended to marry JetPay with its POS systems, including NCR Silver and Aloha, in an effort to offer …

Visa Inc. closed on its acquisition of Earthport, a provider of cross-border payments services. The card network says it expects the acquisition to allow it to access “the vast majority of the world’s banked population” to allow them to move money globally. Earthport earlier this year had been the object …

NACHA said automated clearing house volume in the first quarter totaled 6 billion payments that included 3.5 billion debit transactions and 2.5 billion credit transactions. Internet-initiated payments increased 10.3% to 1.6 billion. Same-day ACH transactions totaled 52.7 million, up 24% from a year prior. NACHA also launched the NACHA Corporate …