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- Mobile point-of-sale services provider CardFlight Inc. announced that payments provider Central Payment will offer CardFlight’s SwipeSimple mPOS reader to merchants.
- Fidelity National Information Services Inc. (FIS) said home-improvement retailer Lowe’s will use FIS’s BizNOW prepaid service—labeled as Lowe’s PreLoad—to enable contractors to automate their purchasing activities, eliminating the need for their employees to use personal or corporate cards.
- Payments provider Fleetcor Technologies Inc. completed its $690 million deal to buy Cambridge Global Payments, a business-to-business international payments provider.
- Fidelity Labs, the research and development unit of Fidelity Investments, launched an experiment in conjunction with Coinbase, a digital currency wallet, to determine the role of digital currencies, like Bitcoin, Ethereum, and Litecoin, in investment portfolios.
- Silicon Valley Bank and First Data Corp., backers of business accelerator Commerce.Innovated, selected four startup companies for its latest iteration of the program.
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