Digital Transactions Authoritative, insightful and timely information for payments professionals
ACI Worldwide Inc.’s shares finished up 13% to $26.11 on Wednesday as Bloomberg reported the payments company is talking to private-equity players about a possible sale. Payments processor Computer Services Inc. said it is working with Microsoft to rebuild its technology on Azure, Microsoft’s cloud-services platform. CardWorks Servicing LLC, a unit of CardWorks …
January, 2023
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4 January
Ackroo’s Simpliconnect Deal And Other Digital Transactions News briefs from 1/4/23
Ackroo Inc., a point-of-sale marketing and payments platform, said it has closed on its acquisition of Simpliconnect, a cloud-based marketing service for service stations and convenience stores. Under the terms of the deal, Ackroo paid $750,000 at the close and will make six monthly cash payments of $125,000 starting July …
December, 2022
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22 December
Payments Veteran Bisignano Signs on As Fiserv Chairman and CEO for Another Five Years
Long-time payments executive Frank Bisignano, who has guided payments giant Fiserv Inc. through a tumultuous time in the payments industry, has signed on to lead the company for another five years. Bisignano became chairman of the Brookfield, Wis.-based company in May, following his appointment as chief executive in July 2020. …
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22 December
Crime Ring Targets Online Retailers And Other Digital Transactions News briefs from 12/22/22
A fraud ring that appears to be based in Southeast Asia is targeting U.S. retailers and has already committed an estimated $660 million in fraud in stolen laptops, cell phones, computer chips, gaming devices, and other goods just in November, said Signifyd, an online-fraud prevention firm. Signifyd said it has been tracking …
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16 December
Sightline Payments Signs up Parx Casino for Wallet-Based Gambling Resortwide
Merchants of all sorts found themselves converting to digital payments acceptance over the past two years in the face of the pandemic, but one niche in particular has offered a fertile field for merchant acquirers: casinos. Online and on-premise gambling has attracted payments providers large and small, including specialists like …
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14 December
Billtrust Goes Private And Other Digital Transactions News briefs from 12/14/22
BTRS Holdings Inc., also known as Billtrust, said it will go private on Dec. 16 through a merger with an affiliate of EQT X Fund. The business-to-business payments provider went public in January 2021 through a merger with South Mountain Merger Corp., a special purpose acquisition corporation, or SPAC. Payments provider ACI Worldwide said it …
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13 December
POS Updates Top-of-Mind for Restaurants And Other Digital Transactions News briefs from 12/13/22
Point-of-sale system maker TouchBistro released its 2023 “State of Restaurants” report that found 76% of restaurant operators changed their POS systems in the past year and 66% used a system with an integrated payment processing service. The study, now in its fifth year, was based on research from 600 full service restaurant …
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12 December
Shift4 Notes Europe Foray And Other Digital Transactions News briefs from 12/12/22
U.S. payments provider Shift4 Payments Inc. said it has now processed transactions in Europe on its SkyTab point-of-sale platform for restaurants and its VenueNext service for mobile ordering and payment at stadiums and other facilities. The company said it plans to launch the two platforms commercially in Europe next year. Kansas-based processor Euronet Worldwide Inc.’s epay …
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9 December
TreviPay Looks to Faster And More Flexible Payments With Its Deal to Acquire Apruve
Payments provider TreviPay has reached an agreement to acquire business-to-business payments processor Apruve for an undisclosed sum. TreviPay positions the acquisition as part of its ongoing global expansion plan to make payments faster and more flexible for its clients. It will also enable Overland Park, Kan.-based TreviPay to leverage Apruve’s …
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6 December
Looking to Sharpen Its Edge in Merchant Services, NMI Acquires Agreement Express’s Payments Assets
Payment platform provider NMI has acquired Agreement Express Inc.’s merchant onboarding, underwriting, and monitoring technologies. The acquisition, which is for the payments portion of Agreement Express’s total business, is aimed at allowing NMI to provide integrated software vendors, independent sales organizations, and fintechs with tools that can speed up merchant …
