Latest news with #paymenttechnology
Finextra
31-07-2025
- Business
- Finextra
Payroc agrees to buy BlueSnap
North American merchant acquirer and payment technology provider Payroc has agreed to acquire payment orchestration and AR automation platform BlueSnap. Financial terms were not disclosed. 0 Payroc says the deal creates a unified acquiring powerhouse that offers both end-to-end global card acquiring and eBanking processing capabilities to merchants, ISVs, and embedded technology partners. It also extends Payroc's acquiring footprint across 47 countries and strengthens the North American-focused outfit's position in the EU and UK. 'Integrating BlueSnap's orchestration layer with Payroc's direct-connect network transforms our ability to serve merchants and ISVs at scale,' says Jim Oberman, CEO, Payroc. 'This transaction dramatically expands our global footprint and the breadth of capabilities we can bring to our customers and partners." The acquisition is expected to close in the third quarter, subject to regulatory approval. Last year, BlueSnap and its former CEO paid $10 million to settle with the Federal trade Commission for knowingly processing payments for "deceptive and fraudulent" companies.
Yahoo
30-07-2025
- Business
- Yahoo
Fortis purchases B2B payments firm Serve First Solutions
Fortis, a company that specialises in embedded payment technology, has acquired B2B payments firm Serve First Solutions. Serve First Solutions, as detailed on its website, provides an array of payment services, including processing for B2B cards, retail point of sale systems, e-commerce, and mobile payment solutions. Serve First Solutions chief revenue officer Matthew Greco said: 'Joining Fortis allows Serve First to bring our expertise to a broader market of software platforms. Together, we'll deliver powerful, integrated solutions with the service excellence customers depend on.' Fortis will integrate Serve First's B2B-focused expertise and customer service approach with its own technology and enterprise resource planning (ERP) capabilities to improve the efficiency of payment technology systems for businesses that manage payments across multiple channels. Fortis anticipates that this acquisition will facilitate its entry and growth in essential market segments, notably in the wholesale, distribution, and manufacturing industries. The enhanced capabilities resulting from the merger are expected to provide software platforms and their business users with a set of tools and services, as well as improved support for critical financial transactions. Fortis CEO Greg Cohen stated: 'By combining our technology with a world class distribution and service model, we're not just processing payments—we're helping our clients unlock new revenue and accelerate cash flow. 'Serve First brings deep expertise in B2B payments, and together we'll deliver even more value to customers through integrated solutions built for scale.' In March, Fortis received a joint investment from Audax Private Equity and its existing investor, Lovell Minnick Partners (LMP). "Fortis purchases B2B payments firm Serve First Solutions " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
23-07-2025
- Business
- Yahoo
Global Payments to Report Second Quarter Results on August 6, 2025
ATLANTA, July 23, 2025--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, will release second quarter financial results before the market opens on Wednesday, August 6, 2025. Global Payments' management will host a live audio webcast to discuss these results at 8:00 a.m. EDT on Wednesday, August 6, 2025. All interested parties may access the audio webcast via the investor relations page of the company's website at A replay of the audio webcast will be archived on the company's website following the live event. About Global Payments Global Payments Inc. (NYSE: GPN) helps businesses around the world enable commerce and provide exceptional experiences to their customers. Our payment technology and software solutions enable merchants, issuers and developers to deliver seamless customer experiences, run smarter operations and adapt quickly to change. Because if it has anything to do with commerce, we are already on it. With 27,000 team members across 38 countries, we have the scale and expertise to help businesses grow with confidence. Headquartered in Georgia, Global Payments is a Fortune 500® company and a member of the S&P 500. Learn more at and follow us on X, LinkedIn and Facebook. View source version on Contacts Investor Contact:Winnie Smith Media Contact:Emily Sign in to access your portfolio
Yahoo
09-07-2025
- Business
- Yahoo
Payments Companies Poised for Second-Quarter Beats Amid Resilient Consumer Spending, RBC Says
Payment technology providers such as Visa (V) and Mastercard (MA) are likely to report second-quarte Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Mastercard collaborates with Eastern Bank PLC and IDEX Biometrics to launch its global first biometric metal credit card in Bangladesh
The new card combines cutting-edge biometric authentication with the sophistication of a metal design, offering both enhanced security and premium user experience for cardholders. Dhaka, Bangladesh, 7th July 2025: Mastercard has collaborated with Eastern Bank PLC to introduce its first biometric metal credit card, marking a significant leap forward in Bangladesh's payment technology landscape. As part of the ultra-premium World Elite Mastercard portfolio, this innovative card combines cutting-edge biometric authentication with the sophistication of a metal design, offering both enhanced security and premium user experience. Co-powered by IDEX Biometrics, Kona I, and Infineon Technologies, the launch reflects a shared commitment to driving secure, seamless, and future-ready payment experiences in the country. The new card will empower Mastercard cardholders to authenticate in-store purchases effortlessly using just their fingerprint—eliminating the need for PINs or signatures. Leveraging advanced biometric technology, it'll ensure that only the authorized user can complete the transaction, safeguarding sensitive financial data and setting a new benchmark for secure, premium payment experiences. With cardholder data securely stored directly on the card, transactions will be authenticated through the user's fingerprint—adding a powerful layer of protection against fraud. One of the most user-friendly features of the new card will be its seamless enrollment process—cardholders can conveniently register their fingerprint from the comfort of home using a kit provided by the bank. Enhancing its security credentials further, the card will be equipped with Mastercard Identity Theft Protection, a robust feature that continuously scans the web for signs of identity fraud, offering cardholders proactive and comprehensive protection. Ali Reza Iftekhar, Managing Director & CEO, Eastern Bank PLC, said, 'Eastern Bank PLC is pioneering the payment landscape in Bangladesh, confirming its leadership and innovation positioning. This IDEX Biometrics solution will provide a first-class payment experience and a new payment standard, powering secure contactless transactions in the country.' Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, 'Mastercard is delighted to collaborate with Eastern Bank PLC to launch its first biometric metal card in Bangladesh. This groundbreaking innovation reaffirms Mastercard's leadership in redefining the future of payments—where cutting-edge security meets seamless convenience. By embedding fingerprint authentication into a sleek metal card, Mastercard has set a new benchmark for premium cardholders who demand both sophistication and safety. Beyond its advanced technology, the World Elite Mastercard credit card will unlock a host of exclusive privileges, delivering an elevated experience that reflects the evolving expectations of today's discerning consumers.' Anders Storbraten, CEO, IDEX Biometrics, said, 'We are excited that the IDEX Biometrics technology is part of this major milestone for the industry. This is a big win for customers, who can benefit from secure, seamless and highly innovative payment solutions. The biometric metal card from EBL brings it all together.' Tolgahan Yildiz, Head of Trusted Mobile Connectivity and Transactions Product Line, Infineon Technologies, said, 'With our ongoing commitment to the smart card market and investment in innovation, we're proud to enable the launch of this biometric metal card solution.' This exclusive World Elite Mastercard credit card will also unlock a host of premium privileges through Mastercard's Priceless Specials platform, such as: A complimentary one-night stay at luxury hotels A free gourmet meal at top restaurants across Asia Pacific Exclusive rooftop dining at CÉ LA VI, Marina Bay Sands, Singapore, plus a SG$100 voucher Access to over 46 premium golf clubs, including TPC® courses operated by the PGA TOUR The new card will also enable additional perks for cardholders, including: Global data roaming with Flexiroam Discounted car rentals from Hertz USD 1,000 off Uniworld river cruises Fast-track elite memberships with hotel loyalty programs like GHA DISCOVERY, HoteLux, Wyndham Rewards, and I Prefer Further, cardholders will gain access to exclusive and specially curated experiences through Mastercard's globally renowned Priceless platform. They will also be able to enjoy complimentary access to over 1,300 airport lounges worldwide through Mastercard's LoungeKey program, along with access to select domestic lounges—ensuring comfort and convenience wherever they travel. To elevate the experience even further, a 24/7 concierge service will be available to cardholders, ensuring seamless assistance and effortless access to the finest experiences around the globe—from last-minute reservations to curated travel recommendations. Enclosed: Photos of the card, the launch advertisement and the representatives of the companies collaborating to create and launch the card. About IDEX Biometrics IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market. For more information, please visit or contact ir@ About Mastercard Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential. For more information, please visit About Eastern Bank PLC A game changer in Bangladesh's fast growing financial sector, the success of EASTERN BANK PLC comes from its continuous effort to innovate products and services, its commitment to offer service excellence and passion for performance. With a sound asset quality, strong liquidity, adequate capital coverage and good corporate governance, EASTERN BANK PLC is a symbol of stability in Bangladesh Financial Market. EASTERN BANK PLC has been known for its consistent and sustainable growth over the past 30 years and is being acclaimed for its customer-focus approach. EASTERN BANK PLC is committed to remain a strong partner in accelerating Bangladesh's journey to a trillion-dollar economy by 2040. For more information, please visit Bank About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY). For more information, please visit Trademark StatementIDEX, IDEX Biometrics and the IDEX logo are trademarks owned by IDEX Biometrics ASA. All other brands or product names are the property of their respective holders. About this noticeThis notice was issued by Erling Svela, Vice president of finance, on 7 July 2025 at 08:00 CET on behalf of IDEX Biometrics ASA. Attachments Mastercard EBL launch card Mastercard EBL launch ad Mastercard EBL launch collaborating companiesError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
