Clearent LLC announced the acquisition of Wintac, a software developer for the residential contractor industry. Wintac will become part of FieldEdge, a Clearent subsidiary. Terms were not disclosed.Payments provider Priority Technology Holdings Inc. has completed a previously announced sale of its RentPayment business to real-estate technology provider MRI Software. Priority will continue to …

Priority Technology Holdings and its Priority Payments Systems and Priority Commercial Payments units are working with business-to-business credit provider Behalf Inc. to allow Priority clients to finance purchases at checkout through Behalf rather than through cash, check, or credit card. The move comes as many small businesses continue to contend with …

Real-time payment flows are coming to processor settlements with merchants as Visa Inc. enlarges the market for its Visa Direct push-payment service. The latest development emerged this week with EVO Payments Inc.’s launch of EVO Direct Deposit, a service that relies on Visa Direct to credit U.S. merchant accounts. The …

Payments provider Payroc Intermediate Holdings LLC has acquired technology provider Blackline Partners LLC, which does business as eConduit. Blackline provides a Web-based API by which software companies can enable clients to accept EMV payments.Visa Canada launched Click to Pay in that country. Click to Pay is based on the EMV Secure Remote Commerce standard for …

With the economy still reeling from the Covid-19 pandemic, the ATM Industry Association is betting that offering a new Start Up membership category at a reduced cost will attract new members and entice back into the fold former members that dropped out during the pandemic for financial reasons. The new …

Nearly all persons use the cloud in their personal lives, from storing photos and accessing financial accounts to sharing documents and watching movies. But when it comes to the business world, the transition to cloud-based systems has been a slower migration, especially when it comes to business-to-business payments.  While check …

Shift4 Payments dazzled the payments industry and Wall Street with its June initial public offering. What do recent processor IPOs say about the prospects for payments companies? No investment in the stock market is a sure winner, but payments investments often prove to be better than others. On June 4, …

Covid-19 has changed shopping and payments behavior, and a big question facing the industry is: How long will those changes last? Most conversations about the pandemic start with, “When things get back to normal.” But all signs point to a new normal rather than a return to a pre-pandemic state. …

American Express Co. announced it has agreed to acquire digital lender Kabbage Inc. in a deal expected to close later this year. Kabbage’s existing loan portfolio is not included in the transaction, for which terms were not announced. Eleven-year-old Kabbage entered the payment processing business in 2018.Restaurants and other businesses in Pasadena, Calif., …

Standard Cognition Corp., a San Francisco-based provider of autonomous checkout systems based on artificial intelligence, expects to have the first of Alimentation Couche-Tard’s Circle K convenience stores retrofitted and up and running in early 2021, with potentially dozens more to follow. The first store to adopt the technology will be in …