Monday , December 23, 2024

Mergers & Acquisitions

February, 2022

January, 2022

  • 28 January

    The Fed Releases Some FedNow Fees and other Digital Transactions News briefs from 1/28/22

    The Federal Reserve’s FedNow real-time payments platform will charge a monthly $25 participation fee for each receiving routing transit number, 4.5 cents per credit transfer to be paid by sender, and a penny for a request for payment message, paid by requestor. The Fed expects to release a full fee schedule later this …

  • 27 January

    Mastercard: All in on Open Banking, But Not on Amazon’s Fee Dispute With Visa

    Top executives at Mastercard Inc. made it plain early Thursday the card network is determined to develop its account-to-account payment capabilities, while maintaining its distance from the dispute between its rival Visa Inc. and the e-commerce juggernaut Amazon.com Inc. over transaction pricing. “That’s fundamentally a question for Visa and Amazon,” …

  • 27 January

    Strawhecker Ranks Gateways and other Digital Transactions News briefs from 1/27/22

    Consulting firm The Strawhecker Group announced its list of best-performing payment gateways in a range of categories. CSG Forte and FIS (Express) were co-winners in the best-performing gateway category, with JPMorgan Chase (Orbital) as runner-up. Elavon (Fusebox) won for fastest transactions.With the majority of buy now, pay later accounts going unreported to …

  • 20 January

    Mastercard Track Instant Pay Unveiled and other Digital Transactions News briefs from 1/20/22

    Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for …

  • 19 January

    Celero’s Omega Acquisition, Its Second in a Month, Brings Strength in Software

    Celero Commerce made its second acquisition in a month with its deal to acquire Omega Technology, a Fort Thomas, Ky.-based payments provider. Nashville, Tenn.-based Celero says the combined company will process payments for more than 50,000 merchants at approximately $20 billion in annual card volume. Celero acquired Everest Payment Solutions in …

  • 19 January

    Boku To Sell its Identity Unit and other Digital Transactions News briefs from 1/19/22

    Mobile-payments provider Boku Inc. is selling its Boku Identity Inc. unit to cloud-communication platform Twilio Inc. for $26.1 million upfront and another $6.2 million payable later to cover indemnities.Payments provider Lightspeed Commerce said its NuOrder technology will support orders and payments for women’s fashion platform Intermix, which operates 31 boutiques and an e-commerce site.Text …

  • 18 January

    Going Beyond the Gateway, NMI Acquires A Payment-Specific Services Firm in IRIS CRM

    As part of its strategy to expand its offering of multichannel payment technology, payment-platform provider NMI announced Tuesday the acquisition of IRIS CRM, a merchant-services customer relationship management and merchant-management platform that services clients in the payments industry. Terms of the deal were not disclosed.  The addition of IRIS CRM …

Digital Transactions