Digital Transactions Authoritative, insightful and timely information for payments professionals
As part of its strategy to become a full-service payments provider and serve a wider consumer base, buy now, pay later provider Sezzle Inc. on Monday announced a partnership with Alliance Data Systems Corp. to offer Alliance Data’s Bread installment-loan service to Sezzle merchants. The partnership builds on a deal …
October, 2021
-
25 October
Nium’s New Crypto Service and other Digital Transactions News briefs from 10/25/21
Nium Pte. Ltd., a fintech specializing in payments and card issuance for businesses, launched what it calls crypto-as-a-service technology and extended its banking-as-a-service platform to the U.S. market. The former technology supports banks that want to add services supporting cryptocurrency investment.In related news, ACI Worldwide Inc. announced its ACI Secure Commerce unit will offer …
-
21 October
PayPal Buying Pinterest? and other Digital Transactions News briefs from 10/21/21
PayPal Holdings Inc. might buy the Pinterest social media company for approximately $45 billion in what would be the tech industry’s biggest takeover of 2021, Bloomberg reported.The Consumer Financial Protection Bureau has issued an order to Amazon, Apple, Facebook, Google, PayPal, and Square asking for information on how they use personal payment data …
-
20 October
Stripe Strikes Again In Executing Its Strategy to Expand Beyond Online Payments Acceptance
Building on its strategy of expanding beyond payments acceptance, Stripe Inc. on Wednesday announced the acquisition of Recko Inc., a provider of payments-reconciliation software for Internet businesses. Terms were not disclosed. The deal follows the debut of new applications this year intended to carry out this strategy, such as Stripe …
-
19 October
Paysafe Relaunches its Partner Program and other Digital Transactions News briefs from 10/19/21
Paysafe Ltd. said it relaunched its U.S. partner program for independent sales organizations, independent software vendors, and financial institutions.Anaheim Arena Management, manager of the Honda Center in Anaheim, Calif., has selected SpotOn Transact Inc.’s Appetize unit to manage all concessions through cloud technology. The move comes in advance of the new National Hockey …
-
18 October
Fiserv Acquires BentoBox and other Digital Transactions News briefs from 10/18/21
Fiserv Inc. announced the acquisition of BentoBox, a specialist in online restaurant platforms and technology. BentoBox serves more than 14,000 restaurant locations. Terms were not disclosed.Mindbody, a payments and technology platform for the fitness industry, announced it has closed on its acquisition of ClassPass, a monthly subscription service also focused on …
-
15 October
Bakkt Acquisition a Step Closer and other Digital Transactions News briefs from 10/15/21
VPC Impact Acquisition Holdings, a special-purpose acquisition company, announced its shareholders approved VPC’s acquisition of Bakkt, thus taking the digital-asset marketplace public.Payments-technology provider Worldnet Payments said it is the first integrated payments platform to complete a Level III EMV and contactless certification of Ingenico’s Self Series of devices. Ingenico is a unit of Worldline S.A.Payments …
-
14 October
The U.K.’s SumUp Busts Into the U.S. Acquiring Market With Its Deal for Fivestars
In a deal that could have important implications for payments providers like Square Inc. and Stripe Inc., the United Kingdom’s SumUp Inc. early Thursday announced it has acquired Fivestars Loyalty Inc., a San Francisco-based payment facilitator for some 12,000 small businesses. The acquisition, SumUp’s first in the U.S. market, calls …
-
13 October
Ransomware Attacks up 62% and other Digital Transactions News briefs from 10/13/21
Insurer Alliance Global Corporate & Specialty issued a report detailing how companies can protect their systems from an epidemic of ransomware attacks. Such attacks increased 62% in the first half 2021, year-over-year, following a 20% rise for all of 2020, according to FBI statistics cited by Alliance.Online gifting platform SmartGift said it is …
-
8 October
9% of Businesses Have Paid a Ransom and other Digital Transactions News briefs from 10/8/21
A September survey of 850 information-technology professionals around the world by security-software provider Hornetsecurity Group found more than 9% saying their organization had paid a ransom to recover data after a ransomware attack. Some 15.2% said their organizations don’t perform regular data backups.Parkmobile LLC, whose mobile app enables reservations and payment for …
