Friday , March 29, 2024

TSYS Buys Rest of Joint Venture and other Digital Transactions News briefs

Payments veteran Michael J. Schwartz was appointed interim chief executive of mobile-payments and -marketing firm Spindle Inc. upon founding chief executive Bill Clark’s resignation. Schwartz comes to the company from Fiserv Inc. Clark had been CEO since 2011.

Processor Total System Services Inc. (TSYS) purchased the 45% stake in the TSYS Managed Services EMEA joint venture it did not already own from The Merchants Group Ltd. TSYS Managed Services provides outsourced business-process and contact-center services to TSYS’ international clients.

Financial and marketing services company Mozido Inc. is working with MoneyGram International Inc. on international remittances for mobile-wallet users in Sri Lanka.

ACI Worldwide Inc. said it will provide tuition-payment services to Cedarville University.

Sionic Mobile said its ION Rewards app now is compatible with Apple Inc.’s Apple Watch.

• The DRF PaymentsEd Forum, an association for card-not-present payment professionals, named Laura Lively, who has more than 25 years of experience in the industry, as its executive director.

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Discover CEO Leaving and other Digital Transactions News briefs from 3/28/24

Michael Rhodes has resigned as chief executive and president of Discover Financial Services Inc., effective April 1. …

Digital Transactions