Mastercard’s Cyber Front and other Digital Transactions News briefs from 5/24/22
Digital Transactions News staff
May 24, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Fraud & Security, Marketing, Mergers & Acquisitions, Person-to-Person Payments, Transaction Processing
- Mastercard Inc. launched Cyber Front, a platform aimed at helping businesses and governments combat online intrusions through the simulation and assessment of cyber attacks.
- MoneyGram International Inc. said its shareholders have approved a previously announced, $1.8-billion acquisition by private-equity firm Madison Dearborn Partners LLC. The merger is expected to close in the fourth quarter.
- Invoicing-software provider Paymo launched PM Payments, aimed at allowing freelancers and other small and midsize companies to deliver invoices and receive payments via credit card or automated clearing house.
- AppTech Payments Corp., a payments-technology provider, said it has closed on its acquisition of Hothand Inc., a patent holding company whose assets include rights to patents covering geofence-based e-commerce and advertising via mobile devices. Terms were not announced.
- Accounting-software provider Sage introduced Sage Intacct 2022 Release 2, which includes support for auto-renewing subscriptions.
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