Tuesday , August 3, 2021

Mergers & Acquisitions

June, 2021

  • 25 June

    EMV 3-D Secure 2.0 Use Soars and other Digital Transactions News briefs from 6/25/21

    Global payment transaction volume authenticated with EMV 3-D Secure 2.0 increased 1,667% in the first quarter year-over-year, according to Outseer’s latest quarterly fraud and payments report. The same type of volume authenticated with the previous version of EMV 3-D Secure increased 59% for the same period. Outseer is an authentication services provider.Payments …

  • 24 June

    Blocked in Its Bid for Plaid, Visa Agrees to Acquire European Open-Banking Player Tink

    In a deal that underscores the crucial importance of open banking in payments, Visa Inc. early Thursday said it has agreed to pay $2.15 billion to buy Tink AB, a 9-year-old, Stockholm-based company whose network connects to 3,400 financial institutions throughout Europe. The agreement comes five months after Visa abandoned …

  • 22 June

    Repay Acquires Kontrol Payables and other Digital Transactions News briefs from 6/22/21

    Repay Holdings Inc. announced its acquisition of Kontrol Payables, an accounts payable automation provider, for up to $11 million.Cryptocurrency-based payments processor GreenBox POS announced the launch of a pilot for its Coyni stablecoin token. Among other features, Coyni offers instant settlement as well as transaction deletions and reversals.Cryptocurrency processor Flexa Inc. said it will be …

  • 21 June

    E-Complish’s Stake in Regal and other Digital Transactions News briefs from 6/21/21

    Payments provider E-Complish announced it acquired an outstanding interest in Regal Technologies LLC, which provide automated clearing house and other payment services.Payments provider Shift4 Payments Inc. said it will process transactions for BetMGM, an online gaming and sports-betting platform.Payments provider ACI Worldwide Inc. said it is working with the Foundation for California Community Colleges to …

  • 18 June

    Atlantic-Pacific Processing Acquires Clique Payments and other Digital Transactions News briefs from 6/18/21

    Atlantic-Pacific Processing Systems NV Corp. has acquired Clique Payments Inc., a provider of cloud-based software, for undisclosed terms. The deal will allow APPS to extend its integrations to include QuickBooks, FreshBooks, Xero, Sage, and other programs. The company supports more than 20 payment gateways.MoneyGram International Inc. said it has raised $97.6 million …

  • 17 June

    Sightline Payments Gets Set to Support Cashless Wagering for a New Las Vegas Resort

    A new resort will open in Las Vegas next week, and with it will come cashless wagering, the ability to place bets via a mobile phone. Resorts World Las Vegas says it will be the first casino in the city to offer cashless betting at both slot machines and table …

  • 16 June

    Repay Closes on BillingTree Deal and other Digital Transactions News briefs from 6/16/21

    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 …

  • 15 June

    Kabbage Checking Debuts and other Digital Transactions News briefs from 6/15/21

    American Express Co. said its Kabbage unit now offers Kabbage Checking to U.S. small businesses. AmEx also said it now offers Kabbage Funding to small businesses with lines of credit ranging from $1,000 to $150,000.Global Payments Inc. has launched a point-of-sale application that operates on commercially-available, off-the-shelf mobile phones, reported The Paypers …

  • 10 June

    Stripe Debuts an App to Ease the Burden of Sales Tax Collection for Merchants

    Heeding years-long requests from merchants for a solution to simplify sales-tax compliance, Stripe Inc. on Thursday introduced Stripe Tax, an application that allows merchants to automatically calculate and collect sales tax, value-added tax (VAT), and goods-and-services tax (GST) in the United States and more than 30 other countries. Spurring the need …

  • 10 June

    Uplift’s BNPL Bet on Vegas.com and other Digital Transactions News briefs from 6/10/21

    Buy now, pay later provider Uplift Inc. said its service has been integrated with Vegas.com, a travel site.In related news, buy now, pay later provider Splitit said its service is now available on the ChargeAfter platform, which offers merchants a variety of consumer financing methods.Mastercard Inc. said it has closed on its $850-million acquisition of Ekata …

Digital Transactions