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Sabre Acquires Gift Card Platform And Other Digital Transactions News briefs from 7/6/23

  • Travel-technology provider Sabre Corp. announced it has acquired Techsembly, a gift card and e-commerce platform for hotels.
  • The U.S. Payments Forum published a white paper outlining the impact of the Federal Reserve’s clarification that debit card issuers must enable a choice of two unaffiliated networks for all transactions, including card-not-present payments. The clarification took effect July 1.
  • Adyen NV launched Data Connect for Marketing, a service that lets merchants use payments data to shape marketing programs.
  • Passport said the University of Montana has adopted its parking app, which allows users to locate and pay for parking spaces. The company has now signed more than 800 universities and cities, it said.

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Citigroup Inc.’s U.S. consumer-cards business says it will acquire card-marketing specialist Kard Financial Inc., while …

Digital Transactions