The e-commerce giant eBay Inc. said it will widen its global partnership with payments platform Klarna AB to include the U.S. market, allowing the shopping site to roll out Klarna’s payments capabilities to ”millions” of eBay shoppers, eBay says. PSQ Payments said it is available on the Shopify App store, making the service …
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Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a new agreement. The capabilities will include the Federal Reserve’s FedNow service and the RTP network from The Clearing House Payments Co. RentRedi, a mobile app for rent payments and other landlord-tenant functions, introduced Chat 2.0, …
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More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a May 18 closing. The last two regulatory approvals, from the Federal Reserve and the Office of the Comptroller …
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Fiserv Inc. announced it will open later this year what it calls a strategic fintech hub in Overland Park, Kan., a suburb of Kansas City, Mo. The new location is expected to create approximately 2,000 jobs. Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a …
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Shift4 Payments Inc. has extended until May 6 its previously announced all-cash tender offer for all outstanding shares of Global Blue Group Holding AG. The $2.5 billion deal for the Swiss company was announced in February. Shares in Global Payments Inc. tumbled nearly 17.5% Thursday to $69.46 following the news that the payments firm …
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Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …
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Top management at American Express Co. early Thursday said the card company’s deal for Center ID Corp., a developer of expense-management software, falls into an overarching strategy to build and reinforce ties with small businesses following years in which AmEx was known for catering to the needs of major firms. …
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Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …
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In a dual announcement, Fiserv Inc. and Klarna AB said late Tuesday they plan to collaborate on offering Klarna’s installment-credit service through Fiserv’s popular Clover point-of-sale devices, starting with more than 100,000 U.S. merchant locations. An expansion of the rollout to more merchants is planned for early next year, the …
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CPI Card Group Inc. added Web push provisioning to give card issuers the capability to more easily issue credit and debit cards directly to a consumer’s digital wallet. Gateway Funnel Pros, a developer of payment-gateway technology, said it has launched processing services for marketing agencies facing restrictions or denials from other …
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