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Search Results for: cannabis

Nuvei Buying SafeCharge and other Digital Transactions News briefs from 5/28/19

Payments provider Nuvei announced it will buy SafeCharge International Group Ltd. for approximately $889 million. SafeCharge’s payment platform provides services ranging from card acquiring and issuing to processing and checkout. This confirms reports of a pending deal. Processor Payment Data Systems Inc. said Dealer Pay LLC, provider of a payments …

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i3 Verticals Buys Net Data for $24 Million and other Digital Transactions News briefs from 4/8/19

i3 Verticals Inc. completed its $24 million acquisition of Northeast Texas Data LLC and Graves Humphries Stahl LLC, collectively known as Net Data, which provides software services, including payment acceptance, to municipalities and local government agencies primarily in Texas. Millersville University adopted the ACI student payment portal from ACI Worldwide …

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Cardtronics Add Cardless Cash Feature to 11,000 ATMs and other Digital Transactions New briefs from 4/5/19

Cardtronics plc completed the integration of FIS Cardless Cash into 11,000 ATMs and expects to add 8,000 machines over the next several months. Cardtronics and Fidelity National Information Services Inc. (FIS) announced the integration in 2017. Online lending platform OnDeck said it will begin funding small-business clients with same-day credits …

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Square Lands Nationals Deal and other Digital Transactions News briefs from 3/27/19

Square Inc. said concession sellers at the Washington Nationals’ ballpark will be equipped with the Square Terminal device to process fans’ food-and-drink orders in their seats. Fans will also be able to use Square’s Caviar app to order food from concession stands. The Major League Baseball season starts Thursday. The …

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CannaTrac Releases Developer Tool and other Digital Transactions News briefs from 2/27/19

CannaTrac, a cashless mobile-payment service for the cannabis industry, released an application programming interface for point-of-sale software developers. JPMorgan Chase & Co. CEO Jamie Dimon told investors the bank’s JPM Coin, a blockchain-based token now in test for intrabank corporate payments, one day could be offered to consumers, Bloomberg reported. …

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Chase Testing Its Own Cryptocurrency and other Digital Transactions News briefs from 2/14/19

JPMorgan Chase & Co. will within a few months begin testing its own cryptocurrency for wholesale payments between corporations and banks globally, according to CNBC. The new token, called JPM Coin, will be exchangeable at the rate of $1 each. The development may surprise some observers, given the harsh criticism …

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Payfac Segpay Adds Traditional Merchant Accounts and other Digital Transactions News briefs from 2/7/19

Segpay Corp. debuted its Merchant Services Group, which is tasked with direct merchant-account placement, gateway, and other services for e-commerce merchants. Segpay has operated as a payment facilitator since 2005. A subcommittee of the U.S. House of Representatives’ Financial Services Committee will have a hearing at 2 p.m. Est. Feb. …

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Epazz Spins Off ZenaPay and other Digital Transactions News briefs from 12/28/18

Chicago-based software developer Epazz Inc. spun off payments subsidiary ZenaPay Inc. as a Canadian corporation that will pursue business in the cannabis market. Citing a study by a British research firm, biometric card manufacturer SmartMetric Inc. says nearly 579 million biometric credit and debit cards will be in use globally …

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Congressional Report Says Equifax Breach Was Preventable and other Digital Transactions News briefs from 12/11/18

Cloud-based point-of-sale system maker ShopKeep said it closed a $65 million funding round, led by Tribeca Venture Partners, that it will use for expansion and growth purposes. New investors include First Data Corp. and Salesforce Ventures. A staff report released by Republicans on the U.S. House Oversight and Government Reform …

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SignaPay’s Cash Discount App for Agents and other Digital Transactions News briefs from 11/16/18

Payments provider SignaPay released a mobile app for Apple and Android devices called PayLo Mobile Sales to help sales agents selling the PayLo Cash Discount product. Installment-payments provider Sezzle said it raised $100 million in funding from Bastion Capital. Since launching the service more than a year ago, Sezzle says …

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