Mergers & Acquisitions

September, 2021

• 20 September

  Priority Completes Finxera Deal and other Digital Transactions News briefs from 9/20/21

  

  Payments provider Priority Technology Holdings Inc. completed its acquisition of Finxera Holdings Inc., a provider of banking-as-a-service software. Terms of the deal, which was announced in March, were not announced.Payment-fraud prevention provider Inetco Systems Ltd. launched BullzAI, a single technology combining a Web application firewall with a real-time fraud-detection and blocking system.The Tampa Hillsborough …
• 15 September

  Visa’s 16 Million SMB Tally and other Digital Transactions News briefs from 9/15/21

  

  Visa Inc. announced it has helped enable an estimated 16 million small businesses globally for digital payments, reaching 30% of its goal to so enable some 50 million small concerns.The Goldman Sachs Group Inc. said it will acquire GreenSky Inc., a provider of payments and loans at the point of sale for more …
• 14 September

  Bot Attacks up 41% and other Digital Transactions News briefs from 9/14/21

  

  Bot attack volumes increased 41% year-over-year in the first half of 2021, according to the latest Cybercrime Report from LexisNexis Risk Solutions.Outseer, an RSA Security LLC company, said its 3-D Secure technology has processed $100 billion in transactions to date in 2021. It also released its third quarter “Fraud & Payments …
• 13 September

  TransUnion Beefs up Its Identity Technology As Online Transactions Explode

  

  As digital commerce continues to proliferate globally, the need for identity-resolution technology has grown exponentially. Credit-reporting giant TransUnion LLC on Monday strengthened its hand in that capability with the announcement it is acquiring Neustar Inc. for $3.1 billion. TransUnion will finance the deal with a combination of cash and debt.  …
• 13 September

  SpotOn To Acquire Appetize and other Digital Transactions News briefs from 9/13/21

  

  Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …
• 9 September

  Affirm Tests a New Debit Card While Preparing to Begin BNPL Operations With Amazon

  

  A new card product that taps the user’s checking account for in-full purchases or installments is in beta testing with “several hundred people,” at buy now, pay later specialist Affirm Holdings Inc., the company’s chief executive, Max Levchin, told equity analysts late Thursday during a session to discuss the company’s …
• 9 September

  As It Moves Into Crypto, Mastercard Agrees to Buy Digital-Currency Security Firm CipherTrace

  

  The two big card networks are making preparations for big moves into cryptocurrency payments. But crypto is no stranger to fraud, so Mastercard Inc. on Thursday announced it is acquiring CipherTrace Inc., a 6-year-old company specializing in technology to combat money laundering and other crimes involving digital-currency transactions. The deal, …
• 8 September

  Global Payments Agrees to Buy MineralTree, Works with Virgin Money, And Looks to Venue Payments

  

  Wednesday was a busy day for Global Payments Inc. Seeking to expand its share of business-to-business payments processing, the Atlanta-based processing giant on Wednesday agreed to acquire MineralTree Inc., a provider of accounts-payable automation and B2B payments solutions, for $500 million in cash. Global Payments will finance the deal with …
• 8 September

  Chase To Acquire 75% of Volkswagen Payments and other Digital Transactions News briefs from 9/8/21

  

  JPMorgan Chase & Co. has agreed to buy close to 75% of Volkswagen’s payments platform, operated by Volkswagen Payments S.A. Terms of the deal were not announced. The unit supports in-car payments and other services in 32 markets worldwide.Clickatell, an online chat provider, launched Chat 2 Pay, a service that enables …
• 7 September

  Mastercard Expands Its Open Banking Reach With an Agreement to Acquire Aiia

  

  Mastercard Inc. strengthened its hand in open banking on Monday, reaching an agreement to acquire European open-banking platform provider Aiia. Terms of the deal were not disclosed. The acquisition is expected to strengthen Mastercard’s position as a provider of open-banking services in Europe. Mastercard established a presence in the business …