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IndustryUpdate

tries, FlightLogger said it chose BlueSnap for its strong cost savings and R&D investment. Cantaloupe share-
international processing, single integration and flexible holders will receive $11.20 per share, a 34 percent premi-
payment capabilities. The partnership, recommend- um. The deal, unanimously approved by Cantaloupe's
ed by PayTech Partners, enables recurring payments, board, is expected to close in the second half of 2025,
reminders and flexible options, helping reduce late after regulatory and shareholder approvals.
payments and enhance financial accessibility for pilot
trainees, BlueSnap stated. With BlueSnap, FlightLogger Fiserv to acquire AIB Merchant Services
has streamlined global payment operations, cut admin- Fiserv Inc. stated it will acquire the remaining 49.9
istrative costs and improved onboarding for schools, the
partners noted, adding that the collaboration supports percent stake in AIB Merchant Services, making it the
sole owner of one of Ireland's largest payment solu-
FlightLogger's mission to simplify aviation training and
scale efficiently worldwide. tion providers. Founded in 2007 as a joint venture with
AIB Group, AIBMS has grown into a major European
PayPal USD to launch on Stellar blockchain ecommerce acquirer. Fiserv plans to accelerate growth
across Ireland and Europe, with a focus on expanding its
PayPal plans to launch its stablecoin, PayPal USD, on the Clover POS platform. AIB will continue referring mer-
Stellar blockchain, pending regulatory approval from chant customers to AIBMS under Fiserv's leadership.
the NYDFS. Stellar's fast, low-cost infrastructure will The deal reflects Fiserv's commitment to innovation and
enhance PYUSD's utility for real-world payments, cross- local market growth and is expected to close in the third
border transfers, and financial services like business quarter of 2025, pending regulatory approvals and cus-
loans and working capital, PayPal stated. This expansion tomary conditions, Fiserv added.
is expected to provide PYUSD users broader access to
Stellar's global network of wallets, cash networks and Shift4 further extends offer to acquire Global Blue
local payment systems. The integration aims to strength-
en stablecoin use in everyday transactions, especially in Shift4 Payments reported it has extended its all-cash ten-
emerging markets. Additionally, PayPal noted, PYUSD der offer to acquire all outstanding shares of Global Blue
on Stellar could support innovative financing tools like Group Holding AG through its subsidiary, GT Holding
PayFi, offering real-time liquidity for small businesses 1 GmbH. The offer, part of a February 2025 agreement,
with instant settlement and minimized operational fric- has already received 96.95 percent of Global Blue shares
tion. tendered and is pending regulatory approvals and other
closing conditions.
Trillion Digital joins Borderless.xyz Network
Global Blue's board unanimously recommended share-
Borderless.xyz, a global payments infrastructure provid- holders accept the offer, which now remained open
er, integrated Trillion Digital, an institutional stablecoin until one minute after 11:59 p.m. on June 23, 2025. The
liquidity provider, into its network. This partnership is transaction is expected to close by the third quarter of
designed to enhance Borderless.xyz's single-API plat- the year. Shareholders who have already tendered do
form by adding Trillion's robust trading infrastructure not need to take further action.
and deep liquidity pools, enabling real-time stablecoin
access across major pairs. Financial institutions, PSPs APPOINTMENTS
and corporates can now execute large transactions with
greater precision, lower risk and improved cross-border
settlement efficiency, the partners stated. The collabo- TreviPay welcomes Matt Dewell
ration supports Borderless.xyz's mission to unify top
stablecoin venues into one seamless network, streamlin- TreviPay appointed Matt Dewell as its new chief infor-
mation security officer, bringing nearly 20 years of
ing global payments and expanding access to reliable,
institutional-grade stablecoin liquidity for enterprise experience in compliance, audit and cybersecurity to his
new role. Dewell has held leadership roles at KPMG,
users worldwide, they added.
TouchNet and Global Payments, where he focused on
delivering secure, compliant solutions worldwide.
ACQUISITIONS At TreviPay, he will align security strategies with busi-
ness goals, embedding protection into every layer of
365 Retail Markets to acquire Cantaloupe technology to support client growth. Dewell holds mul-
tiple certifications, including CDPSE, CISM, and CISA,
Cantaloupe Inc. agreed to be acquired by 365 Retail as well as an MBA from Kansas State University. He
Markets in an all-cash deal valued at approximately aims to position security as a competitive advantage in
$848 million. Backed by Providence Equity Partners, the evolving B2B payments landscape.
the transaction is expected to combine Cantaloupe's
payment and software services with 365's self-checkout Ankush Gorav signs on with LoanTube
innovations to create a global leader in unattended retail.
The merger aims to expand market reach, enhance prod- LoanTube selected Ankush Gorav as its chief technol-
uct offerings and unlock synergies through cross-selling, ogy officer to drive platform innovation and support
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