Thursday , March 28, 2024

Lightspeed Restaurant Tweaked And Other Digital Transactions News briefs from 10/3/22

  • Lightspeed Commerce announced it has added a data-analytics capability, Lightspeed Advanced Insights, to its Lightspeed Restaurant payments service.
  • The French payments company Worldline announced it has closed on the sale of its Terminals, Solutions & Services unit to Apollo Funds. The 2.2-billion-euro deal, which includes the Ingenico line of point of sale devices, was announced in February.
  • A heavy-equipment rental firm called Dozr has introduced a rent now, pay later capability through Flexbase, provider of a financing app call Flexbase Pay.
  • CellPay, a top-up service for prepaid phones, said it now offers Klarna AB’s buy now, pay later payment option.
  • Computer Services Inc., a cloud-based financial-services technology provider, report $84 million in second quarter results. That’s an 8.9% increase from $77.1 million the same quarter a year ago, which ended Aug. 31. Net income for the quarter was $12.3 million, a 15% decrease from last year’s $14.5 million. In August, CSI announced it would be acquired by two investment firms for $1.6 billion.
  • Tally, a platform that automates credit card debt payoff, raised $80 million in Series D funding led by Sway Ventures.
  • Evolve Bank & Trust, a financial-technology provider, said it will support a banking-as-a-service platform from Harmonic Financial Technology that will let customers create accounts, move money, and receive debit cards.
  • Transaction Network Services Inc. launched a SIM card that enables multi-carrier wireless connectivity for payment devices, point-of-sale terminals, and ATMs.
  • Tassat Group Inc. said The Digital Interbank Network, it’s blockchain-based real-time business-to-business payments network, completed more than $500 million real-time transactions on Oct. 1. The average transaction size was $1.25 million.
  • New York Digital Investment Group, or NYDIG, promoted Tejas Shah to chief executive and Nate Conrad to president. Shah and Conrad joined the company in 2020.

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