Acquisition

An asset or object bought or obtained, typically by a library or museum.

Source: merriam-webster.com

PSCU Finalizes Purchase Of Card Issuer Primax
PSCU Finalizes Purchase Of Card Issuer Primax
July 01, 2020  |  Partnerships / Acquisitions

Payments credit union service organization (CUSO) PSCU has acquired payment solution firm Primax, according to a press release. PSCU president and CEO Chuck Fagan said...

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Google Buys Smart-Glasses Maker North For A Reported $180M
Google Buys Smart-Glasses Maker North For A Reported $180M
June 30, 2020  |  Partnerships / Acquisitions

Google’s parent, Alphabet Inc., confirmed on Tuesday (June 30) that it has purchased North, the Canadian startup best known for Focals, its $600 smart glasses.  Terms were not...

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EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
June 30, 2020  |  ANTITRUST

The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go...

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Uber Eyes Postmates Buy
Uber Eyes Postmates Buy
June 30, 2020  |  Partnerships / Acquisitions

Uber Technologies may have lost out on a bid to buy Grubhub this month, but that hasn’t stopped the global ride-hailing company from setting its...

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Wirecard North America Business Entity Up For Sale
Wirecard North America Business Entity Up For Sale
June 30, 2020  |  Partnerships / Acquisitions

Wirecard North America Inc., a separate company from Wirecard AG, the German payment processing firm facing insolvency, is for sale, the company announced Monday (June...

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Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
Amazon Reportedly Adding Driverless Car Maker Zoox To Its Portfolio For $1.2B 
June 26, 2020  |  Amazon Acquisitions

Amazon will pay more than $1.2 billion to acquire Zoox, the Foster City, Calif., self-driving technology company, the Financial Times (FT) reported.  While the purchase could...

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Mastercard, Finicity and Standardizing Open Banking’s Data Flow
Mastercard, Finicity and Standardizing Open Banking’s Data Flow
June 24, 2020  |  Mastercard

While open banking is gaining traction in Europe (by regulatory mandate) and is making inroads to the U.S. (through free market competition), on these shores...

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Coupa Acquires BELLIN Group To Boost Treasury Services
Coupa Acquires BELLIN Group To Boost Treasury Services
June 14, 2020  |  B2B Payments

Coupa Software, which works in business spend management, announced that it has acquired treasury management software BELLIN Group, according to a press release. The acquisition...

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Grubhub CEO Contends Richer Offer Won Out
Grubhub CEO Contends Richer Offer Won Out
June 11, 2020  |  Partnerships / Acquisitions

Grubhub CEO and Founder Matt Maloney said on Thursday (June 11) that it was a richer offer that drove the restaurant ordering and delivery service...

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