Mergers & Acquisitions

March, 2025

• 7 March

  AmEx Adds an Expense Management Platform Via Its Center Acquisition

  

  American Express Co. has acquired software developer Center. Terms of the deal, announced late Thursday, were not disclosed. The acquisition is expected to close in the second quarter. The deal will provide AmEx’s corporate and small-business cardholders with an integrated expense-management platform that delivers real-time visibility into all employee spending, …
• 7 March

  Stripe Expanding Chicago Office and other Digital Transactions News briefs from 3/7/25

  

  Stripe Inc. has doubled its office space in Chicago, leasing more than 44,000 additional square feet on the fifth floor of a building in the city’s River North neighborhood and bringing its total space to about 89,000 square feet, according to Crain’s Chicago Business. Business-technology provider Globant announced it has developed systems for …
• 4 March

  Paysafe’s Top Brass Brushes Aside Takeover Rumors As the Processor Focuses on a Maturing Sales Effort

  

  Rumors about an acquisition of Paysafe Ltd. have swirled around the company for nearly a month, and the processor’s top management early Tuesday were in no hurry to add fuel to the speculation. “We’re going to stick to no real comment,” said chief executive Bruce Lowthers while addressing an equity …

February, 2025

• 13 February

  Global Payments Gets Set for a Rollout of Genius, Its POS Package

  

  Global Payments Inc. will roll out its revamped Genius point-of-sale package of products and services domestically in May as a common brand, with an international rollout late this year, chief executive Cameron Bready assured listeners on a conference call early Thursday. A major repositioning of the Atlanta-based company’s acquiring technology, …
• 11 February

  Paysafe Offloads Part of its Business and other Digital Transactions News briefs from 2/11/25

  

  Paysafe Ltd. has agreed to sell its direct marketing payment processing business, including reseller and merchant contracts, to Kort Payments, a company run by Joel Leonoff, Paysafe’s founder and former chief executive. Terms were not announced. Paysafe said this business “consists of direct marketing and other card-not-present volume in both complex …
• 4 February

  Cyberfraud On the Rise Thanks to AI; Worldpay Acquires Ravelin to Boost Its Fraud Fighting Tech

  

  Thanks to criminals’ increasing adoption of artificial intelligence, cyberfraud rose 14% in 2024, according to a report from Trustpair, a provider of fraud-prevention technology. Overall, 90% of U.S. companies were targeted by cyber fraud the past year, compared to 79% in 2023. The increase is being driven by criminals’ use …
• 4 February

  FIS Enables FedNow Send Capability and other Digital Transactions News briefs from 2/4/25

  

  FIS Inc. said it is one of the first fintechs certified to offer send capability on credit transfers through the FedNow real-time payments network, operated by the Federal Reserve. The company is offering the new service to bank clients for use by both consumers and commercial clients. Hospitality point-of-sale services specialist Olo said …

January, 2025

• 27 January

  Freightos Notes WestJet Cargo as Client and other Digital Transactions News briefs from 1/27/25

  

  Freightos, a freight booking and payments platform, has added Canada-based WestJet Cargo as a client. Visa Inc. announced a partnership with fintech DealMe to enable Visa cardholders in Vietnam to access real-time installment offers from merchants in South Korea, which is a top travel destination for Vietnamese travelers. Payments and data …
• 24 January

  AmEx Closes Out 2024 On a High Note As Growth Proves Steady

  

  Top executives at American Express Co. early Friday celebrated the final quarter of what they said was a year to remember. “We delivered record revenue, record net income, and new records in many categories,” including all-time-high cardholder spending, AmEx chief executive Steve Squeri told equity analysts during a conference call …
• 24 January

  Priority’s Rollfi Acquisition and other Digital Transactions News briefs from 1/24/25

  

  Payments provider Priority Technology Holdings Inc. has acquired Rollfi, a provider of payroll and benefits provider to banks, accountants, and software-as-a-service providers. Terms were not announced. SEPTA, the mass transit agency in the Philadelphia region, awarded a $211 million contract for a new fare payment system called SEPTA Key 2.0 to Cubic Transportation …