Global Payments has reached a deal to begin an acquisition of a unit of ACTIVE Network from Vista Equity Partners, paying $1.2 billion in cash and stock. ACTIVE Network is billed as a cloud-based enterprise software provider, including online payment technologies, and its products are...
B2B payments in education is big business and it doesn’t take hitting the books hard to understand why. The populations are large and purchases are generally limited to those approved by the school, so whether it’s purchases related to books, meals, equipment, buses or facilities,...
October 18, 2022
The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription club and generated $300 million in the process. According to a Tuesday (Oct. 18) news release, the CFPB lawsuit alleges that Active “automatically and unlawfully enrolled families into its discount […]
August 04, 2017
Global Payments has reached a deal to begin an acquisition of a unit of ACTIVE Network from Vista Equity Partners, paying $1.2 billion in cash and stock. ACTIVE Network is...