Digital Transactions Authoritative, insightful and timely information for payments professionals
NCR Corp. said it will acquire LibertyX, a cryptocurrency software provider. Its software runs on ATMs and point-of-sale systems. Terms were not disclosed. The deal is expected to close later this year.EVO Payments Inc. said it acquired Anderson Zaks Ltd., a payment gateway based in the United Kingdom. Terms were not disclosed.Paysafe Ltd. said it …
August, 2021
July, 2021
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29 July
Mastercard Outlines a Strong Quarter As It Pursues Strategies in Crypto, 5G, And Open Banking
As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …
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27 July
Volumes Soar for Visa As the Payments Network Looks to Its Next Move in Open Banking
The big network executives aren’t quite ready to come right out and say it, but they’re certainly coming close to declaring their systems are just about at pre-pandemic performance levels. The latest example came Tuesday afternoon, when Visa Inc.’s results for the quarter ended June 30 prompted chairman and chief …
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27 July
Eye on Acquiring: Shift4 Adds the United Center, And OLB Dives Deeper Into CBD
Shift4 Payments Inc. continued its expansion into sports and entertainment venues Tuesday, announcing that it will provide payment processing for Chicago’s United Center, home to the National Basketball Association’s Chicago Bulls and the Chicago Blackhawks of the National Hockey League. The payments offering relies on Shift4’s VenueNext technology. Shift4 said …
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27 July
Fiserv’s Acquiring Unit Rides to New Heights on the Back of Tech Like Clover and Carat
If there are lingering doubts about a big comeback for the big merchant processors, Fiserv Inc. may well have dispelled them early Tuesday with results showing 43% second-quarter growth in revenue year-over-year for the company’s merchant-acceptance unit. That performance comes on top of a near-doubling in payment volume for the …
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22 July
Visa Agrees to Lay out Nearly $1 Billion to Acquire Britain’s Cross-Border Specialist Currencycloud
Visa Inc. has been concentrating on building out its “network-of-networks” strategy for some time, and it’s latest move in that project came early Thursday with the news that it has agreed to acquire Currency Cloud Ltd., a London-based developer of application programming interfaces that can simplify cross-border payments. The deal values …
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22 July
Discover’s Payment Volume Increased 22% and other Digital Transactions News briefs from 7/22/21
Discover Financial Services reports its payment services volume of $78.4 billion for the second quarter of 2021 increased 22% from $64.5 billion in the same period a year ago. Its Pulse network dollar volume of $62.9 billion increased 18% from $52.9 billion year-over-year. Discover card sale volume of $45.6 billion increased …
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21 July
Veem Adds Products for SMBs and other Digital Transasctions News briefs from 7/21/21
Payments provider Veem Inc. launched several new products for small businesses, including Veem Invoicing and Veem Collections.Cryptocurrency platform OKCoin USA Inc. has chosen FIS’s Worldpay unit to provide merchant acquiring and global exchange service in support of OKCoin’s ongoing global expansion.Visa Inc. said it will launch later this year an “evolved” brand identity featuring refreshed …
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19 July
Bill.com Acquires Invoice2go and other Digital Transactions News briefs from 7/19/21
Business payments provider Bill.com announced the $625 million acquisition of Invoice2go, a mobile-first accounts receivable software provider. The stock and cash transaction is expected by the end of 2021.U.S. blockchain-payments specialist GreenBox POS LLC has agreed to acquire Europe-based processor Transact Europe Holdings OOD for 30 million euros, or approximately $35 million. The deal …
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15 July
Waystar To Acquire Patientco and other Digital Transactions News briefs from 7/15/21
Waystar, a provider of payments software for the health-care industry, announced it will buy Patientco Holdings Inc., a payments provider in the same industry. Terms were not announced, though persons familiar with the matter valued Patientco at $450 million, according to Bloomberg.Payments provider Payroc WorldAccess LLC said it has acquired DCS Holdings Group …
