Priority Technology Holdings has completed its acquisition of substantially all of the assets of Dealer Merchant Services (DMS), a vertically focused reseller in the auto and truck dealership sector. The acquired assets include revenue agreements and customer relationships, and the DMS leadership team of Amberly...
AOL’s owner has reportedly found a buyer for the one-time internet service titan. Yahoo, backed by private equity firm Apollo Global Management, is in advanced discussions to sell AOL to Italian technology company Bending Spoons for roughly $1.4 billion, Reuters reported Thursday (Oct. 2), citing...
When a consumer walks into a store or scrolls through an online catalog, a moment of hesitation often intervenes: “Do I buy it now, or risk lingering doubts about whether I can afford it later?” Seamlessly embedding financing at the point of sale (POS) short-circuits...
Two local commerce platforms are combining as DoorDash has completed its acquisition of Deliveroo. The completion of the deal follows its approval by a U.K. court, DoorDash said in a Thursday (Oct. 2) press release. “The combination with Deliveroo with strengthen DoorDash’s position as a...
Synchrony has acquired consumer financing software provider Versatile Credit. The deal gives Synchrony access to the Versatile platform, which connects merchants, lenders and consumers via point-of-sale solutions, the company said Wednesday (Oct. 1). “Synchrony intends to maintain Versatile’s business strategy, management structure and data integrity,...
Financial infrastructure platform PhotonPay has joined forces with payments processor Thredd. The partnership, announced Wednesday (Oct. 1), is designed to bolster the underlying issuer processing architecture of PhotonPay Card worldwide. “This collaboration allows PhotonPay to further refine its card product capabilities—including advanced card expense controls,...
Prescription platform GoodRx has launched a brand medication savings solution with supermarket chain Kroger. RxSmartSave, announced Wednesday (Oct. 1), is now available at Kroger pharmacies in 35 states around the country, GoodRx said in a news release. “Friction at the pharmacy counter causes frustration for...
U.K. wealth management platform Nutmeg will be rebranded as J.P. Morgan Personal Investing on Nov. 3, four years after it was acquired by JPMorganChase. Together with the new brand, the platform will be expanded to include new products and services designed to help people reach...
Jack Henry says it has acquired embedded payments solutions company Victor Technologies. By purchasing Victor from MVB Financial, Jack Henry expands its capabilities in the fast-growing Payments-as-a-Service (PaaS) market, in which financial institutions embed payment services into third-party, non-bank brands, the company said Wednesday (Oct....