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- InComm Payments, which has launched the Mastercard Give Hope gift card, has agreed to donate to the American Red Cross $2 from the purchase price of each card sold on mastercardgiftcard.com.
- Cubic Transportation Systems Inc., a developer of payments technologies for mass-transit systems, announced it is opening an innovation center in the United Kingdom to investigate machine learning and artificial intelligence technologies.
- Weave Communications Inc., a developer of payments software for health-care operations, said it has integrated electronic health records software from Practice Fusion.
- The Federal Reserve has delayed implementation of the ISO 20022 messaging standard from March 10 to July 14 following industry requests and an assessment of client readiness.
- Payments provider Zuora Inc. said its acquisition by Silver Lake, a technology-investment firm, has closed at a final cash price of $10 per share, or $1.7 billion. With the deal’s close, Zuora will delist from the New York Stock Exchange.
- Some 94% of restaurant operators say their businesses are affected by high interest rates, while 91% say inflation is driving up food and labor costs, according to a survey of 200 U.S. restaurant operators by the payments provider SpotOn Transact LLC. The company’s report is expected to be released March 3.
- Paris-based Market Pay Group announced it has agreed to acquire Altapay, a Denmark-based company processing payments for more than 400 merchants. Terms were not disclosed. The deal represents Market Pay’s fourth acquisition since 2021.
- Payments-technology platform ShopMate said it will integrate technology from DNA Payments into ShopMate Pay, its point-of-sale platform aimed at convenience stores. Both companies are based in the United Kingdom.
- Former MoneyGram International Inc. chief executive Alex Holmes has joined True I/O, a specialist in blockchain technology, as a strategic advisor.
- Ledger Run Inc., a provider of software that handles payments and other business functions for clinical trials, has appointed John Chinnici as its chief executive, replacing founder Gary Lubin, who will retire March 1. Chinnici most recently ran the Insights division of Inovalon, a health-care software company.
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