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IndustryUpdate




          InComm, NCR Atleos to deliver                           expanding its reach into key European markets includ-
          self-serve cash solutions                               ing Germany and Austria. The acquisition, approved by
                                                                  regulators, strengthens Fabrick’s position in digital pay-
          NCR Atleos stated it partnered with InComm Payments     ments and open banking, enabling it to offer a broader
          to enable cardless cash withdrawals at over 23,000      range of secure, efficient solutions, Fabrick stated, add-
          U.S.  ATMs using  Atleos’ ReadyCode  API. This inte-    ing that the combined portfolio enhances customer expe-
          gration, NCR  Atleos noted, allows InComm’s fintech     rience and supports businesses through innovation, par-
          and banking partners to offer secure, app-based cash    ticularly in the growing account-to-account payments
          pickup without a physical card. By expanding digital-   segment. With over 400 clients and €70 billion in trans-
          to-physical payment options, the partners mentioned,    action volume, finAPI brings deep expertise, Fabrick
          their collaboration supports consumer demand for flex-  pointed out, noting this move aligns with Europe’s open
          ible, omnichannel access to funds. ATMs enabled with    banking  evolution, reinforced by the upcoming  PSD3
          ReadyCode are located in major retail stores across 40   directive and rising embedded finance adoption.
          states  and  70+  top  U.S. metro areas.  This  move,  they
          added,  enhances  InComm’s cash-out network  while      Network Solutions, Web.com consolidate
          increasing ATM utilization and foot traffic for retail part-
          ners, helping financial service providers serve customers   Network  Solutions  reported  it  has  fully  integrated
          beyond the counter.                                     the  Web.com  brand,  uniting two  major digital service
                                                                  providers under one trusted name. The consolidation
          Klarna, Bolt aim to deliver                             enhances customer experience by offering a unified
          one-lick flexible payments                              platform for domains, websites, hosting, security and
                                                                  marketing tools,  Network Solutions stated. Web.com
                                                                  customers will now  benefit  from Network  Solutions’
          Klarna partnered with Bolt to integrate its flexible pay-  45-year legacy of expert support. Central to the update,
          ment options, including Pay in 4 and Financing, directly   the company added, is the  AI Website Builder—now
          into  Bolt’s  CheckoutOS  platform.  This  collaboration,   powered by Web.com's award-winning technology—fea-
          Klarna said, allows Bolt’s network of 80 million shop-  turing streamlined, customizable design tools, enhanced
          pers to access Klarna's services through seamless one-  media management and responsive layout options.
          click checkout, enhancing speed, personalization and
          convenience. Klarna will become the preferred payment   Olo agrees to be acquired by Thoma Bravo
          partner on all Bolt-powered sites, increasing visibility
          and adoption without added technical work for mer-      Olo Inc., an open SaaS platform for restaurants, entered
          chants, the partners noted, adding that the partnership   into a definitive agreement to be acquired by Thoma
          empowers brands, from startups to large retailers, to   Bravo in an all-cash deal valued at approximately $2
          boost conversions, customer loyalty and repeat pur-     billion. Olo shareholders will receive $10.25 per share,
          chases. The U.S. rollout will begin in 2025, with plans for   a 65 percent premium over the company’s  April 30,
          global expansion to follow.                             2025,  share  price. The  acquisition, expected  to  close
                                                                  by year-end 2025, will make Olo a privately held com-
          PayJunction, Twillo integrate                           pany. Founded in 2005, Olo mentioned it serves over
          for AI-driven voice payments                            750 restaurant brands with digital ordering, payments
                                                                  and guest engagement tools. Thoma Bravo indicated it
          PayJunction stated it integrated with Twilio to automate   plans to  support Olo’s continued  growth and innova-
          and scale phone payment operations using  AI-driven     tion, strengthening its position as a vital partner in the
          interactive voice response technology. This integration,   hospitality sector.
          PayJunction noted, allows businesses to securely pro-
          cess payments over the phone, reduce manual tasks and   Shift4 completes acquisition of Global Blue
          improve customer satisfaction by shortening wait times   Shift4 Payments said it completed its $7.50-per-share
          and boosting efficiency. It also helps merchants maintain   tender offer to acquire Global Blue, marking its largest
          PCI compliance without outsourcing phone payments,      acquisition to date. The deal brings tax-free shopping,
          the company pointed out, adding that Independent        dynamic currency conversion and other specialty pay-
          software vendors can leverage the No-code Payments      ment solutions into Shift4’s unified commerce platform.
          Integration® to add customized payment features with-   Shift4 stated that Global Blue, a market leader with 40+
          out major development work.                             years of experience, serves premium retailers across
                                                                  Europe,  Asia and South  America, and the integration
        ACQUISITIONS                                              will enable it to offer an all-in-one payment terminal
                                                                  combining VAT refunds, DCC and payment process-
          Fabrick completes acquisition of finAPI                 ing. Ant International and Tencent will become strategic
                                                                  partners, expanding global reach through services like
          Italian  open  finance firm  Fabrick  acquired  75  percent   Alipay+ and WeChat Pay, Shift4 added. Global Blue
          of  Germany-based  finAPI  from  Schufa  Holding  AG,   shares will be delisted following a squeeze-out merger.
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