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Deluxe and Echo Form DPX Payments And Other Digital Transactions News briefs from 5/3/23

  • Deluxe Corp. said it and Echo Health Inc. have formed a joint venture called DPX Payments to provide payables services to the middle-market and will offer a disbursements platform.
  • ACI Worldwide Inc. said its 2023 Prime Time for Real-Time Payments report found the Middle East as the fastest-growing region for real-time payments globally, with transactions there expected to grow from $675 million in 2022 to $2.6 billion by 2027.
  • Core processor Jack Henry & Associates Inc. said its payments segment revenue of $191.8 million in its fiscal third quarter increased 6.3% from $180.5 million in the year-ago quarter.
  • Stripe Inc. added the S700 Android-based point-of-sale terminal to its fleet. The device will be available this summer in the United States and in all 23 countries where Stripe Terminal is available by year’s end.
  • Payments provider Choice named David Lamoureux its chief executive. Lamoureux most recently was Choice’s chief financial officer and is a member of its board of directors. He succeeds JohnPaul Golino, Choice’s founder, who remains on the board.
  • Transaction-monitoring provider ThetaRay named Eran Fishov vice president of customer success for enterprise. Fishov had been vice president of customer success at AU10TIX, an identity-verification firm. ThetaRay also said its 2022 revenue increased 260% over 2021 but did not provide specific figures.
  • Solutions by Text LLC, an enterprise text-messaging and payments service, made four personnel moves, including promoting Mahala Johnson to vice president of product management.

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