Digital Transactions Authoritative, insightful and timely information for payments professionals
• Cavendish Asset Management, the biggest investor in mobile-banking and payments technology provider Monitise plc, said it will vote against the planned buyout of Monitise by Fiserv Inc. because the U.S. financial-institution processor’s $89 million offer is too low, Reuters reported.
• Fair Issac Corp. (FICO) released the FICO Card Compromise Manager, a service that detects and prioritizes compromised merchants and data breaches involving card data.
• Agilence Inc., a data-analytics provider, said merchants using point-of-sale systems from Heartland Commerce, a unit of Global Payments Inc., can now integrate its 20/20 Data Analytics service into their software.
• Processor First Data Corp. said it refinanced $3.8 billion in term loans, a move that in combination with new currency hedges will reduce its annual cash interest costs by $30 million.
• Mobile-payments specialist LevelUp named Theresa Dold as vice president of agency strategy. Dold previously worked at sweetgreen, a 60-unit restaurant chain.
