Digital Transactions Authoritative, insightful and timely information for payments professionals
- Visa Inc. agreed to acquire BioCatch, a fraud-detection service, for $2.4 billion in cash. The deal is expected to close by the end of March 2027. More than 350 financial institutions use BioCatch technology, according to the company.
- Deluxe Corp. has closed on its $625-million acquisition of Celero Commerce. With the deal, which was announced June 18, Deluxe expects to process more than $70 billion in annual gross transaction volume.
- Mastercard Inc. closed on its $1.8-billion deal for the digital-currency technology developer BVNK. The transaction was announced in March.
- PSQ Holdings Inc.’s payments unit has agreed to process payments for earned-wage access programs operated by clients of EWA platform Roja.
- Alchemy Pay, a provider of payments based on cryptocurrency, announced it has received a money-transmitter license in Michigan. The company now has licenses in 19 states.
- Crypto-wallet developer Bitget Wallet announced Assetback, a cashback feature that pays out rewards on Bitget Wallet Card purchases. Users choose among rewards in bitcoin, gold, or tokenized U.S. stocks on eligible purchases.
- Sweed, a payments processor and business-operations platform for cannabis dispensaries, introduced Smart Surveys, which use automation and AI to help businesses run surveys among customer groups.
- Patelco Credit Union has made an investment in Payfinia Inc., a credit union service organization, that will see Patelco joining Payfinia’s board of directors. Terms were not disclosed.
- Arrive, parent company of mobility services units ParkMobile and Parkopedia, said they are collaborating on enabling in-car parking payments for more than 80,000 U.S. locations out of a total of 500,000 locations nationally.
- Paris-based processor Worldline announced it has sold its India-based payments operation to BillDesk, an Indian payments gateway, for an estimated net price of 60 million euros, or $69 million.
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