Digital Transactions Authoritative, insightful and timely information for payments professionals
Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …
July, 2025
June, 2025
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23 June
Shift4 To Acquire Smartpay Holdings in a Bid for New Zealand and Australian Merchant Markets
In a major expansion of its business south of the equator, merchant acquirer Shift4 Payments Inc. on Sunday announced it has struck a deal to acquire Smartpay Holdings Ltd., an Auckland, New Zealand-based processor with a growing presence in Australia. Smartpay has 40,000 merchants in the region. Center Valley, Pa.-based …
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20 June
Meijer Says Its Rewards Program Has Delivered Michigan Consumers $200 Million in Savings
Michigan consumers enrolled in Meijer Inc.’s mPerks rewards program saved nearly $200 million the past year, the Grand Rapids, Mich.-based supermarket chain announced late Thursday. To encourage consumers enrolled in mPerks to shop more often this summer, Meijer is offering customers the opportunity to earn 30 points on every gallon …
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16 June
Cantaloupe Will Be Acquired by 365 Retail Markets in an $848 Million Deal
365 Retail Markets LLC, a provider of self-service commerce technology, has entered into an agreement to acquire Cantaloupe Inc. in an all-cash deal for $848 million in a deal that will take Cantaloupe private. Cantaloupe shareholders will receive $11.20 per share, a 34% premium. The deal is expected to close …
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6 June
Fiserv Buys Rest of AIB and other Digital Transactions News briefs from 6/6/25
Fiserv Inc. said it has agreed to acquire the 49.9% share of Ireland-based AIB Merchant Services it doesn’t already own. The joint venture between the two companies dates back to 2007. CPACharge, an online payment service for accounting professionals from AffiniPay, has a new partnership with SafeSend, a service for tax …
May, 2025
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21 May
Fintech Breach Sources and other Digital Transactions News briefs from 5/21/25
Nearly 42% of breaches suffered by major fintech companies stem from third-party vendors, according to “Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies,” issued by Security Scorecard, which analyzed 250 major fintechs. The processor FIS Inc. said it will work with Letskipp Ltd., also known as Kipp, to develop …
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20 May
Nuvei; BHMI Preps for IFPA July 1 and other Digital Transactions News briefs from 5/20/25
Payments-software developer BHMI said it has updated its Concourse Financial Services Suite to allow firms to comply with the Illinois Interchange Fee Prohibition Act, which is set to take effect July 1. The law prohibits interchange on state and local taxes and on tips. Galileo Financial Technologies launched Galileo Payment Method Switch, technology …
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16 May
How Barry McCarthy Is Steering Deluxe Into Digital Payments
At the helm of Deluxe Corp. since 2018, Barry McCarthy is seeing a payoff from the company’s shift from paper-based to electronic payments. Minneapolis-based Deluxe, which posted $2.1 billion in 2024 revenue, has seen its percentage of overall revenue attributed to its payments services, which includes merchant services and business-to-business …
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6 May
Global Payments And FIS Celebrate Their Worldpay-TSYS Deal
The massive transaction processor Worldpay is coming to Global Payments Inc., and Global’s top management couldn’t be happier about it as analysts continue to study the $22.7 billion transaction announced last month. “We are so incredibly excited about the Worldpay acquisition,” said Global’s chief executive, Cameron Bready, in an early-morning …
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1 May
EMS’s Latest Moves and other Digital Transactions News briefs from 5/1/25
Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed. Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from …
