Fraud-management platform Riskified Ltd. has filed for an initial public offering of its Class A Ordinary Shares.  Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Credit Suisse Securities (USA) LLC are the lead underwriters. Barclays Capital Inc., KeyBanc Capital Markets Inc., Piper Sandler & Co., Truist Securities, Inc., …

As part of its strategy to create an all-encompassing platform for merchants and their suppliers, Lightspeed POS Inc. on Monday announced the acquisition of two companies: Ecwid Inc., a consumer e-commerce platform, and NuOrder Inc., an e-commerce platform for suppliers, for a combined $925 million in cash and equity in …

Canadian processor Lightspeed POS Inc. announced Friday it has entered into an agreement to acquire Vend Ltd., a New Zealand-based provider of cloud-based retail management software. The cash and stock deal is valued at $350 million. Lightspeed will pay $192.5 million in cash and issue subordinate voting shares in the …

Canadian processor Lightspeed POS Inc. expects its acquisition of Upserve Inc., a Providence, R.I.-based provider of cloud-based restaurant-management software, to make it more competitive in the restaurant point-of-sale business in the United States.  The acquisition of Upserve for a combination of cash and stock totaling $430 million comes hot on …

Lightspeed POS Inc. on Thursday acquired ShopKeep Inc., a payments and commerce provider, for $440 million in cash and stock. Under the terms of the deal, Lightspeed will pay $145.2 million in cash and issue 9.5 million subordinate voting shares. The deal is expected to close by Dec. 31. RBC …

Discover Network said it has allied with fintech Car IQ to develop a payment platform to enable automotive fleets to conduct in-car transactions through the Discover global network.In announcing its latest smart watch, Fitbit Sense, Fitbit says its Fitbit Pay digital wallet is included for contactless transactions, a feature the company says plays …

Lightspeed POS Inc. said it is offering its Delivery, eCommerce, and Loyalty services free for the next three months because of the Covid-19 impact on merchants.Online fraud-prevention provider Signifyd released its Covid-19 Business Continuity Package that offers new clients free access to some Signifyd products.Payments provider Fattmerchant said it is now an official gateway partner …

Point-of-sale system maker Lightspeed debuted Lightspeed Payments, a service for in-store and e-commerce payments. The service unifies a merchant’s card-present and card-not-present transaction data into one reporting location within the Lightspeed POS software. Regardless of the card type, merchants pay 2.6% plus 10 cents per card-present payment and 2.6% plus …

Small merchants that use Square, Clover, or Lightspeed point-of-sale systems have a simpler way to get their products listed online and potentially reap better placement among Google search results following the integration of a service called Pointy into the three POS system providers. Pointy, based in Ireland, supplies merchants with …

Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …