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Scansource To Divest Global Units and other Digital Transactions News briefs from 8/20/19

  • Point-of-sale equipment maker Scansource Inc. announced it will divest distribution businesses in Europe, the United Kingdom, Colombia, Chile, and Peru, as well as its Miami-based export operation, as part of a strategic repositioning. The businesses totaled $623 million in net sales in fiscal 2019.
  • Apple Inc. said its Apple Card is now open to all U.S. consumers to apply for, having been in limited release for a few weeks.
  • EVO Payments Inc. said it will offer Ingenico Group’s Tetra point-of-sale devices to merchants.
  • E-commerce platform BigCommerce said merchants can now sell hemp and hemp-derived cannabidiol products online. The platform includes access to multiple hemp-friendly merchant-services providers.
  • Data breaches have affected more than one-third of Canadian consumers, according to research from PCI Pal, a provider of payments services to contact centers.
  • ZipLine, a payments provider that specializes in private-label debit, launched an e-book to the general public with information for businesses on how to attract Millennial customers and for Millennials on how private-label debit works.
  • Spain’s Santander Bank plans to expand remittance technology from blockchain provider Ripple Labs to allow persons in Latin America to send money to the United States. Santander first launched the Ripple technology last year in Spain, Brazil, Poland, and the United Kingdom.

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