acquisitions

Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
Lightspeed Commerce Engages in Discussions of ‘Potential Strategic Alternatives’
September 25, 2024  |  Point of Sale

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and...

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UK PropTech Startup Dwelly Adds 1,000 Properties With Lime Property Acquisition
UK PropTech Startup Dwelly Adds 1,000 Properties With Lime Property Acquisition
September 24, 2024  |  Real Estate

Dwelly, a United Kingdom-based artificial intelligence (AI)-enabled startup that offers a rentals and property management marketplace, added 1,000 properties to its portfolio with its acquisition...

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PayMate Expands Into Indonesia With $400 Million DigiAsia Deal
PayMate Expands Into Indonesia With $400 Million DigiAsia Deal
September 24, 2024  |  Acquisitions

B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. The $400 million transaction, announced Tuesday (Sept. 24), will mark Mumbai-based PayMate’s launch in Indonesia, with...

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Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. The industry...

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Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business
Payroc Expands Payment Solutions With Acquisition of I3 Verticals’ Merchant Services Business
September 23, 2024  |  Acquisitions

Payment platform Payroc has completed its previously announced acquisition of the merchant services business of i3 Verticals. With this acquisition, which was announced in June, Payroc will...

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Report: Apollo Global Management Offers $5 Billion Investment in Intel
Report: Apollo Global Management Offers $5 Billion Investment in Intel
September 23, 2024  |  Investments

Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23),...

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CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
CSI Buys Overdraft Management Firm Velocity Solutions to Help Banks Grow
September 18, 2024  |  Acquisitions

Financial technology provider CSI acquired overdraft management software firm Velocity Solutions. “Our customers rely on us to provide the advanced tools and software that drive...

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Behind the Screens: How Threat Intelligence Keeps Digital Payments Secure
Behind the Screens: How Threat Intelligence Keeps Digital Payments Secure
September 13, 2024  |  Cybersecurity

It is, by this point in human history, an undoubtedly digital world. And in the contemporary age, where commerce increasingly happens online and payment systems...

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Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
September 13, 2024  |  Security & Fraud

Looking to expand security and threat intelligence beyond a completed transaction, Mastercard on Thursday (Sept. 12) announced it is acquiring Recorded Future for $2.7 billion....

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