Tuesday , November 5, 2024

U.S. Bank Acquires Salucro and other Digital Transactions News briefs from 8/22/24

  • U.S. Bank has acquired Salucro Healthcare Solutions LLC, a 20-year-old provider of payments and billing technology for the health-care industry. Terms were not announced. The bank first invested in Salucro in 2022 and has sold its services through Elavon, the bank’s payments entity, as a product called MedEpay.
  • Relay Payments, a specialist in trucking fleets, has expanded its link to McLeod Software to allow fleets to integrate into the software all fuel payments made using Relay.
  • DNA Payments, a payments-software provider specializing in the hospitality market, said three of its modules—Pay at Reception, Pay at Counter, and Pay at Table—have been made available on Oracle Cloud Marketplace and can be deployed through the Oracle Cloud Infrastructure.
  • The fraud-detection service FICO announced updates to its platform aimed at improving both the speed and scale of decision-making for users.
  • Shailesh Kotwal, 60, will retire in the first half of next year from his position as vice chair of payment services at U.S. Bancorp, the bank announced. Kotwal has been with the bank since 2015.
  • Adam D’arcy has joined open-banking payments specialist Trustly Inc. as chief product officer. D’Arcy arrives at Trustly from Prodigy Finance, where he was in the same position. He is known for having led development of the PayMe payments app in Hong Kong when at HSBC.
  • WSPN, issuer of the WUSD stablecoin, has appointed former Visa Inc. president John Partridge as a board director, with a mandate to expand the company’s global coverage.

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