June 16, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Electronic Bill Payment, Fraud & Security, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Point-of-sale
Payments provider Repay Holdings Corp. closed on its $503-million cash-and-stock acquisition of BillingTree, an 18-year-old payments-technology provider. The deal, the largest in Repay’s history, was announced May 10.NCR Corp. said it expects to close its $2.5-billion acquisition of ATM-network specialist Cardtronics plc on June 21. The merger agreement was announced in January.Freight-payments provider PayCargo received a $125-million Series …
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May 25, 2021
Acquiring, ATMs, Competitive Strategies, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Payments platform dLocal Ltd. announced the launch of its initial public offering involving more than 29 million shares with an estimated price range of $16 to $18 per share.ACI Worldwide Inc. is collaborating with JPMorgan Chase & Co. to combine Chase’s European acquiring platform with ACI’s payments platform in an offering to merchants …
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April 29, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Prepaid Cards
A survey from the Electronic Transactions Association and The Strawhecker Group found that 43% of small and mid-size businesses view digital payments as more important to their operations now than before the Covid-19 pandemic. The survey of 528 SMBs also found that 34% said they are experiencing an increase in contactless payments.InComm …
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April 15, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
On its first day of trading as a public company, cryptocurrency exchange Coinbase Global Inc. saw its stock finish at $328.28 per share after starting the day at $381 and rising as high as $429.54 on the Nasdaq. The day’s activity left Coinbase with a valuation of $85 billion on a diluted basis, making …
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April 12, 2021
ATMs, Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Wallets, Point-of-sale
More than a year after the Covid-19 pandemic hit, igniting fears that the virus could be spread by handling currency, a group of three financial associations and a Chicago-based cash-in-transit and money-protection service sent a letter Monday to members of Congress, governors, and state legislators around the country warning about the …
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April 6, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Real-time Payments, Transaction Processing
The Brink’s Co. announced it has acquired ATM owner and services provider PAI Inc. for $213 million. PAI’s network links 100,000 machines.Banking-technology provider Jack Henry & Associates Inc. announced more than 115 financial institutions are now live on its real-time payments hub, JHA PayCenter. The hub connects to The Clearing House Payments Co.’s Real Time …
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March 2, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
ACI Worldwide Inc. said its ACI Payments Inc. unit will support an Internal Revenue Service initiative to allow taxpayers, including those who are unbanked or underbanked, to make cash payments through a new digital barcode feature from ACI and InComm Payments’ VanillaDirect Pay unit.P97 Networks Inc., a provider of mobile payments …
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February 24, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
In 2020, mobile-wallet usage exceeded that of cash for in-store payments for the first time, according to the annual Global Payments Report by Worldpay from FIS. The report, which canvassed 46,000 consumers worldwide, found cash usage fell 10 percentage points to account for 20% of all face-to-face transactions.Inspriration4, the civilian-crewed space mission …
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February 16, 2021
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, Mergers & Acquisitions, Mobile Wallets, Point-of-sale, Prepaid Cards, Transaction Processing
AeroPay, a fintech that provides payment processing service to cannabis businesses, said it and Olla, an e-commerce platform for cannabis retailers, will offer online payments. AeroPay will be integrated as a cashless payment method to consumers ordering online through white-labeled e-commerce sites provided by Olla. Payments are made via bank-to-bank …
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February 11, 2021
Acquiring, ATMs, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Pricing, Transaction Processing
Buy now, pay later specialist Uplift Inc. said it signed new travel brands and experienced a 72% growth in monthly transaction revenue in the 2020 fourth quarter. New clients coming online in the second quarter include Alaska Airlines, Frontier Airlines, Virgin Voyages, and Air Canada Vacations.ACI Worldwide Inc. said it and Gilbarco Veeder-Root, …
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