Wednesday , September 18, 2024

Search Results for: acquisitions

NCR Revenue up 26% and other Digital Transactions News briefs from 4/27/22

NCR Corp. reported first quarter revenue of $1.9 billion, a 26% increase from $1.5 billion in the 2021 first quarter. Much of that growth can be attributed to its payments and network business, which includes the Cardtronics and LibertyX acquisitions made less than a year ago. This revenue of $299 million increased 1,259% from $22 …

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Famous Dave’s Picks Presto and other Digital Transactions News briefs from 4/21/22

The Famous Dave’s chain of barbeque restaurants has chosen Presto as its exclusive provider of pay-at-table technology. The chain, which operates more than 150 locations, is a unit of BBQ Holdings Inc.Payments provider Fortis announced an integration with the Oracle Payment Interface for its hospitality and retail segments. The integration is expected to ease …

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Crypto Gateway Data Mynt Gives the Bitcoin Lightning Network a Boost

Cryptocurrency payment gateway Data Mynt Inc. on Tuesday announced support for the Bitcoin Lightning Network. Data Mynt will facilitate payments to and from all Lightning Network-enabled wallets, such as Block Inc.’s Cash App and Strike.  The Data Mynt gateway, which says it is agnostic as to wallet, asset, and blockchain, …

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Is Covid-19 in the Rearview Mirror?

It may well be, but its effects are very much with us—and are lasting. Two years after it first struck, as the Covid-19 pandemic seemingly winds down, the payments industry is adapting to changes Covid coaxed into place that will stick around a lot longer than the virus that caused …

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An Acquisitive Shift4 Buys Into Blockchain And Cross-Border Processing

Shift4 Payments Inc. last month said it has concluded agreements to acquire international e-commerce acquirer Finaro and cryptocurrency-based donation platform Giving Block in deals valued at $875 million in cash and stock, including future earnout provisions. The latter deal has already closed, while Allentown, Pa.-based Shift4 expects to close the …

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Priority Racks up Revenue Gains As It Looks to Expand Into New Services Such As Cash Processing

Priority Technology Holdings LLC late on Wednesday reported $144 million in revenue for 2021’s December quarter and $514.9 million for the full year, increases of 35.7% and 27.4% year-over-year, respectively.  The Alpharetta, Ga.-based company, which ranks among the 25 largest merchant processors in the country, handles payments and related services …

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Fiserv Lays out a $10-Billion 2025 Revenue Goal for Its Merchant-Acquiring Business

When Fiserv Inc. acquired First Data Corp. three years ago, the Brookfield, Wis.-based fintech took on an enormous commitment to the merchant-acquiring business. Late Tuesday, Fiserv’s top management made clear just how big that commitment is, how fast it’s growing, and how big it will get. “We see a clear …

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A Year After Its SPAC, Payoneer Eyes Growth Opportunities in Emerging Markets

Having posted strong revenue growth in 2021, Payoneer Global Inc., a provider of online money transfer, digital payment services, and working capital to businesses, sees significant growth opportunities in such markets as Latin America, Asia, the Middle East, and Africa.  “These are regions that are in the early stages of …

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Organic Growth, ACH Volume, And M&A Fuel a Big Year for Paya As a Public Company

Marking its first full year as a public company, Paya Holdings Inc. cited organic growth, increasing ACH volume, partnerships, and mergers and acquisitions as key growth drivers. Atlanta-based Paya reported payment volume of $11.7 billion for the fourth quarter, up from $9.2 billion from the same period in 2020, a …

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EVO Posts Double-Digit Gains in Volume And Revenue As It Seeks Out Further M&A

EVO Payments Inc. capped off 2021 as a year of recovery from the impact of the pandemic as its top brass on Wednesday indicated the Atlanta-based processor intends to step up its hunt for acquisitions.  “As we move further into 2022, we look forward to closing our acquisition in Greece …

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Digital Transactions