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- Card-issuing platform Marqeta Inc. closed on its acquisition of Power Finance Inc., a credit card management service. The $275-million deal was announced Jan. 30.
- U.S. semiconductor maker MKS Instruments Inc. reported it is investigating a ransomware attack that happened last week, according to Reuters. The company said it is temporarily suspending operations at some its plants.
- A group called the Free Switzerland Movement says it has gathered enough signatures to cause a popular vote on whether that country should go cashless, according to Reuters.
- Conferma Pay appointed former Block Inc. and Mastercard Inc. executive Jason Lalor chief executive of the virtual cards platform for the travel industry. Sabre Corp. acquired Conferma Pay in August, followed by a minority investment by Mastercard in November.
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