Sunday , September 15, 2024

Rapid Financial To Be Acquired And Other Digital Transactions News briefs from 10/27/22

  • Tyler Technologies, a specialist in government services and payments, said it will acquire Rapid Financial Solutions, a provider of payments, card issuance, and digital disbursement services, for $68 million. The deal is expected to close in the fourth quarter.
  • Prepaid card specialist InComm Payments has acquired The Card Network, a gift card issuer based in Australia. Terms were not disclosed.
  • A new Javelin Strategy & Research report, the 2022 Child Identity Fraud Study, found that 915,000 U.S. children were victims of identity fraud in the past year, with an average cost per household of $1,128.
  • Cryptocurrency platform Blockchain.com said its Blockchain.com Visa Card has debuted with a waiting list of 50,000 sign-ups.
  • In related news, crypto-payments provider BitPay said it will support payments via Polygon wallets and Matic tokens.

Check Also

Mastercard Beefs Up Its Cyber Defenses With Its Recorded Future Acquisition

Mastercard Inc. announced early Thursday it has acquired cybersecurity firm Recorded Future for $2.65 billion. …

Digital Transactions