Click here to view NewsFilter. The post Coinbase Announces IPO as Bitcoin Soars appeared first on The Strawhecker Group.

Seeking Alpha Fiserv agrees to acquire Ondot Systems to expand its suite of products to enable clients to deliver digital-first and personalized experiences to their customers.The acquisition comes as consumers and businesses continue to embrace online and digital payment technology, a trend … �

Finextra GoDaddy Inc., the company that empowers everyday entrepreneurs, today announced it has entered into a definitive agreement to acquire Poynt. Under the terms of the agreement, GoDaddy will pay $320 million in cash at closing and $45 million in … �

PR Newswire Fast, the world’s fastest online login and checkout experience, today announced a major expansion by making its one-click Fast Checkout product available to the four million e-commerce stores on the WooCommerce platform. When Fast Checkout was released in … �

Click here to read TransactionWatch | Subscribe to TransactionWatch The prevalence of SPACs continue to play a significant role in the payments industry with the major announcement of Paysafe’s merger with Foley Transimene Acquisition Corp. II this week. After months of speculation about … �

Click here to view NewsFilter. The post SPAC Trend Continues as Paysafe Goes Public in $9B Deal appeared first on The Strawhecker Group.

Krebs on Security Payment card processing giant TSYS suffered a ransomware attack earlier this month. Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days. But the company … �

The Strawhecker Group (TSG) is proud to announce that Clover® from Fiserv has won the inaugural Restaurant Smart Terminal Provider of the Year award. Read the press release. Through an in-depth review and submission process, point-of-sale (POS) providers were asked … �

A relatively novel method for private companies to go public gained momentum in the payments industry Monday with the announcement that London-based processor Paysafe Group Holdings Ltd. will be acquired by a group put together by Las Vegas-based Foley Trasimene … �

Click here to view NewsFilter. The post Stripe Launches New Tie-Up With Banks appeared first on The Strawhecker Group.

Bloomberg Activist investor Starboard Value is urging ACI Worldwide Inc. to explore a sale, arguing that a takeover is more likely to create value for shareholders than the payment company’s standalone plan released last month. Starboard Managing Member Jeff Smith … �

TechCrunch Lightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in Canada last year before recently debuting on the New York Stock Exchange and acquiring another point-of-sale … �

PR Web Fido Finance Ltd d/b/a Fido Merchant Services, a UK based Payments Gateway and Online Merchant account provider, has started its expansion to the USA and North America. Fido Merchant services have proven to be a lifeline for many, … �

Business Wire Shopify Inc., a leading global commerce company, announced Black Friday/Cyber Monday weekend results, with sales of $5.1+ billion from the more than one million Shopify-powered brands around the world. From November 27 through November 30, total sales grew … �

CNN Bitcoin just hit another milestone in its impressive 2020 run. The cryptocurrency surged 9% to a new all-time high of about $19,860 on Monday, topping the previous peak of $19,783 from December 2017. It’s been a wild year for bitcoin, which has soared … �

TechCrunch JoomPay, a startup with a similar product to PayPal-owned Venmo in the U.S., is set to launch in Europe shortly after being granted a Luxembourg Electronic Money Institution (EMI) license. The app allows people to send and receive money … �

Finextra Square is buying the tax business of Credit Karma for $50 million to bring do-it-yourself tax filing to its Cash App customers. The deal has seen Credit Karma’s acquisition by Intuit cleared by the Department of Justice.The all-cash deal … �

The Strawhecker Group (TSG) and the Electronic Transactions Association (ETA) surveyed nearly 1,000 U.S. consumers in November to understand spending habits, payments preferences, and opinions on emerging payment technologies this holiday season. Read some of the highlights below and download … �

The Strawhecker Group’s most recent analysis of 100 payment gateways found that half of them charge a monthly fee, down from 74% in 2019. That is potentially because of the impact of the Covid-19 pandemic, the report says. Other findings … �

CNBC Payments company Affirm filed its IPO prospectus with the Securities and Exchange Commission on Wednesday, and plans to list on the Nasdaq under the symbol “AFRM.” The San Francisco-based company, founded and led by PayPal co-founder Max Levchin, offers online installment … �