Digital Transactions Authoritative, insightful and timely information for payments professionals
By Kevin Woodward Smart phones and tablets continue to garner a larger share of payments as consumers increasingly use the mobile devices for more than talking and sending text messages, finds a survey from Amsterdam-based global gateway provider Adyen Inc. In the Adyen Global Mobile Payments Index, covering May through August, …
Read More »Post-VeriFone, Bergeron Runs a $500 Million Warchest To Buy Payments Companies
By Kevin Woodward Six months after leaving point-of-sale terminal maker VeriFone Systems Inc., Douglas G. Bergeron is leading a new enterprise targeting financial-services and payments companies for acquisition. Dubbed Opus Global Holdings LLC, the new company has $500 million at its disposal to buy companies. Bergeron is collaborating …
Read More »Selection of Galant As New Boss Suggests VeriFone Will Keep Spotlight on Services
VeriFone Systems Inc. on Monday named Citigroup executive Paul Galant as its chief executive, ending a six-month quest for a permanent top executive. Galant replaces interim chief executive Richard McGinn, who assumed that role in March when long-time chief executive Douglas G. Bergeron left the San Jose, Calif.-based point-of-sale terminal …
Read More »By Snagging Official Payments, ACI Bolsters Client Base, Recurring Revenue
ACI Worldwide Inc.’s $109 million deal to buy Official Payments Holdings Inc. is a bid to grow its transaction volume and pairs well with its January purchase of Online Resources Corp., analysts suggest. Official Payments is a processor that specializes in online payments to government entities. ACI Worldwide is paying …
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