Sunday , May 4, 2025

Transaction Processing

Shift4 Extends Global Blue Offer and other Digital Transactions News briefs from 4/18/25

Shift4 Payments Inc. has extended until May 6 its previously announced all-cash tender offer for all outstanding shares of Global Blue Group Holding AG. The $2.5 billion deal for the Swiss company was announced in February. Shares in Global Payments Inc. tumbled nearly 17.5% Thursday to $69.46 following the news that the payments firm …

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Global Payments Acquires Worldpay And Sells Its Issuer Business to FIS

Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …

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AmEx Focuses on Small Firms While Assessing the Impact of Tariffs

Top management at American Express Co. early Thursday said the card company’s deal for Center ID Corp., a developer of expense-management software, falls into an overarching strategy to build and reinforce ties with small businesses following years in which AmEx was known for catering to the needs of major firms. …

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EMS Acquires Peel Payments and other Digital Transactions News briefs from 4/17/25

Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …

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Fiserv Teams With Klarna to Offer Installments Through Clover Devices

In a dual announcement, Fiserv Inc. and Klarna AB said late Tuesday they plan to collaborate on offering Klarna’s installment-credit service through Fiserv’s popular Clover point-of-sale devices, starting with more than 100,000 U.S. merchant locations. An expansion of the rollout to more merchants is planned for early next year, the …

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Restaurant POS Providers Roll Out Spring Enhancements

Providers of restaurant point-of-sale and management technology continue to enhance their offerings as restaurants remain one of the hottest markets in digital payments. Par Technology Corp. announced its POS Spring Release early Tuesday, aimed at helping restaurants improve customer convenience and streamline operating costs. Key features include support for contactless …

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Business Email Compromise Remains the No. 1 Fraud Attempt Avenue

An email from a work colleague requesting a funds transfer may seem routine, but quite often it could lead to serious fraud if completed. That type of fraud—business email compromise—is the top avenue for attempted and actual payments fraud, according to the 2025 AFP Payments Fraud and Control Survey. Released …

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PayPal Working with TerraPay and other Digital Transactions News briefs from 4/15/25

PayPal Holdings Inc. said it will work with TerraPay to let PayPal users make real-time money transfers throughout the Middle East and Africa. Cantaloupe Inc., a payments provider for self-service markets and vending, launched Go Micro, a compact kiosk for micro markets that features an integrated barcode scanner and 5-inch touchscreen. …

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Toast Adds Applebee’s to Its Growing List of Restaurant Chains

Toast Inc. has signed an agreement with the restaurant-chain operator Dine Brands Global to install its point-of-sale and restaurant-management technology in 1,500 Applebee’s locations nationwide. In addition to Applebee’s Dine Brands operates such restaurant chains as IHOP, Neighborhood Grill + Bar, and Fuzzy’s Taco Shop. Applebee’s will install Toast’s POS terminals, …

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JPMorgan Expands Kinexys and other Digital Transactions News briefs from 4/14/25

JPMorgan Chase & Co. has added support for pound-denominated accounts to its Kinexys Digital Payments system, which processes blockchain transactions for commercial accounts, Bloomberg reported. Up to now, accounts have been denominated mostly in dollars. Kinexys was launched in 2019 as JPM Coin. Theya Inc., a Bitcoin self-custody platform, launched Theya for Business, …

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Digital Transactions