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- Point-of-sale system technology provider Revel Systems said it integrated customer-engagement software from Conduit Ltd., which uses the brand name Como, into its platform to bring to brick-and-mortar merchants services used by online retailers such as loyalty programs, analytics, branded mobile apps, in-app payments and other capabilities.
- Shift4 Payments LLC announced a partnership with JourneyTEAM-RDA, a point-of-sale software dealer, with Shift4’s payments services available to users of the Retail Management Hero and Microsoft Dynamics RMS POS software.
- Payments middleware provider Datacap Systems Inc. said Clutch, a customer data and marketing platform, will use Datacap’s upcoming value-added services platform. The Datacap platform enables POS partners to access Clutch and other third-party offerings to resell to merchants.
- Payment and risk-control technology provider linked2pay said it teamed up with Push Payments to develop and deploy an instant-settlement service that will be used by an unnamed top 5 U.S. merchant acquirer.
- PayPal Holdings Inc. acquired Jetlore Inc., a Silicon Valley developer of a prediction platform for online retailers that uses artificial intelligence to increase customer loyalty and boost sales. Terms of the deal were not disclosed.
- Identity and risk-control technology provider Vasco Data Security International Inc. renamed itself OneSpan and launched its Trusted Identity platform.
- In related news, Vasco acquired London-based Dealflo, a provider of identity-verification technology and software for automating financial agreements, for £41 million ($54.5 million) in cash.
- Power utilities in central Washington State are trying to resolve conflicts between local residents and newly arrived Bitcoin miners attracted to the area by cheap electricity rates, the Seattle Times reported. Bitcoin mining has created demand for electricity far in excess of the utilities’ longstanding growth expectations.
- Accredited Standards Committee X9 Inc. (X9) announced an initiative to update the 2013 U.S. standard for electronic benefits transfer transaction messages used for food stamps and other public-assistance programs.
- Tradeshift Inc. raised $250 million in a Series E Funding round led by Goldman Sachs and the Public Sector Pension Investment Board. The round brings total funding for the supply-chain payments provider, whose backers include American Express Co., to more than $400 million and its estimated valuation to $1.1 billion.
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