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- U.S. Bank’s Elavon processing unit said it has expanded its All-In-One payments service across North America for in-store, mobile, and online transactions. The service relies on a partnership with POS device provider Castles Technology.
- ACI Worldwide Inc. warned that fraud indications it has seen in relation to prior major tournaments are emerging as the 2026 FIFA World Cup gets under way, raising risks for fans and ticket merchants. The processor bases its conclusions on its analysis of 24.5 million transactions related to 61 live-event merchants serving global audiences.
- Silver Point Capital said it led a $500-million term loan financing to support Repay Holdings Corp.’s acquisition of Kubra Data Transfer LTD, announced in March. The loan funded the acquisition as well as repayment of Repay’s existing revolving credit facility. The deal’s price was reported at the time to be $372 million.
- Advisory firm TSG, which started as The Strawhecker Group, noted its 20th anniversary. “The last 20 years rewrote the rules of payments. Cash gave way to digital. Checkout moved from the wallet to the phone. Settlement went from days to seconds. Banks and processors no longer own the experience; software does. And data has gone from a byproduct of transactions to the industry’s most strategic asset,” said Kurt Strawhecker, founder and board chairman.
- Flex Payment Solutions added a pay-by-bank service. It also offers automated clearing house, card acceptance, pay by text, and interactive voice response payments.
- AI technology provider Alchemy has launched an integration of its AgentCard with Visa Intelligent Commerce, enabling AI agents to complete purchases for consumers.
- The Midwest Acquirers Association has a new partnership with Exectras, a membership-based business services and benefits platform, to offer healthcare-related services.
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