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REPAY | January 04, 2022
Repay Holdings Corporation recently purchased Payix for up to $115 million. The acquisition was finalized over cash on hand. Repay also announced a $60 million increase in revolver capacity,with the goal of increasing its existing Revolving Credit Facility from $125 million to $185 million.
Repay offers cohesive payment processing solutions to verticals, which possess precise transaction processing requirements. Its technological platform functions to reduce the complexity of elec...
Mastercard | December 23, 2021
Mastercard and McDonald’s today announced an agreement for Mastercard to acquire McDonald’s state-of-the-art personalization platform and decision engine company, Dynamic Yield. Dynamic Yield’s technology is a natural addition to Mastercard’s existing suite of services that help brands deliver more effective and trusted customer experiences across channels.
Sitting across online and offline channels to personalize a consumer’s experience with a brand,...
Finastra | November 02, 2021
Finastra today announced the introduction of new anti-money laundering (AML) compliance capabilities integrated with its Fusion Global PAYplus core payments solution, via Fincom.co and the FusionFabric.cloud open developer platform. Banks can tap into the Fincom.co AML screening app to access real-time compliance screening functions in line with regulatory requirements, which only continue to increase in volume and diversity, lowering operational costs.
Gideon Drori, CEO at Fincom...
Wall Street | January 28, 2020
The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. Preside...
FINANCIAL MANAGEMENT, PAYMENTS
FINANCIAL MANAGEMENT, FINTECH
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