Block Inc. will make its proprietary Cash App Score available to external lenders for the first time, while its Square acquiring unit lines up another retailer for its suite of point-of-sale services and hardware. A scoring model once only used internally by Block for its set of lending products now …
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ACI Worldwide Inc. announced an agreement to acquire Cranium Ventures, a developer of technology for switching card-based transactions. Cranium will become part of ACI’s Connetic for Cards payments-orchestration unit, launched in March. ACI says its various units process more than 300 billion card transactions per year. Terms of the deal, which …
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PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …
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Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …
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Priority Technology Holdings Inc. announced within a two-day span a processor acquisition and a deal to process ticket payments for the Tampa Bay Buccaneers of the National Football League. The Alpharetta, Ga.-based processor said early Wednesday it has agreed to acquire Convenient Payments, which does business as IntelliPay, a privately …
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Miracle Pay, a provider of payments technology for merchants, said it will work with zerohash, a provider of cryptocurrency technology, to enable stablecoin acceptance at both physical and online merchants. At the point of sale, consumers will use crypto wallets on their phones to fund transactions. A survey of 1,000 consumers …
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New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …
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Nayax Ltd. announced early Tuesday it has agreed to acquire parking-technology platform IPS Group Inc. from Windjammer Capital Investors in a deal valued at $350 million. The combination will bring Nayax’s payments-processing capabilities together with IPS’s parking-technology platform, the companies say. The deal is expected to close in the fourth quarter. …
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Fraud-detection provider Accertify said it has gained HIPAA compliance, allowing the company to offer more services to health-care organizations. Bluefin Payment Systems LLC said it now offers point-of-sale products for card-present payments integrated with Visa Acceptance Solutions. Centerbase, a software provider to law firms, said it has integrated the electronic billing technology BillSync …
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Paysafe has launched a video gaming arena, built on its PaysafeCard and PaysafeWallet products, for players, developers, and publishers. The company says the initiative is intended to widen its gaming franchise beyond payments with features such as game discovery and recommendations, rewards, promotions, and events. Global Payments Inc. kicked off Genius World, …
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