Page 12 - GS250802
P. 12

IndustryUpdate




          ply across eight major blockchains. Midnight leverages   UnionPay, Continental Hotels
          zero-knowledge proofs to balance privacy with compli-   launch exclusive promotion
          ance, empowering hybrid apps with selective disclosure.
          By combining Midnight's privacy-first infrastructure    UnionPay International launched an exclusive pro-
          with Fireblocks' trusted custody, the partnership is    motion with InterContinental Hotels Group, offering
          designed to enhance institutional access, strengthen    global UnionPay credit cardholders instant discounts
          blockchain adoption, and advance privacy-preserving     of up to 15 percent at over 500 participating hotels in
          innovation in decentralized finance and digital assets.  mainland China. Running until Oct. 31, 2025, the offer
                                                                  applies to bookings made via IHG's website or app using
          MoonPay, Trust Wallet ramp up                           UnionPay  online payment.  Cardholders  from  South
                                                                  Korea and SplendorPlus users receive 15 percent off
          MoonPay entered a new two-year strategic partnership    (up to 400 RMB), while others receive 10 percent off (up
          with Trust Wallet, a self-custody crypto wallet with over   to 200 RMB). With near-universal acceptance in China,
          200 million users, to provide seamless on- and off-ramp   UnionPay enables seamless payments, supporting inter-
          services, starting in the United States. MoonPay will be   national travelers with real-time currency conversion,
          the default provider for Trust Wallet's Buy Crypto func-  mobile wallet integration and added perks, UnionPay
          tion, offering streamlined in-app checkout, coverage in   stated.
          190+ countries, and support for multiple local payment
          methods and currencies. The companies, partners since
          2020, aim to make crypto simple, safe and accessible.   ACQUISITIONS
          This expanded integration deepens their collabora-
          tion, and is designed to enhance user experience with   Coda's acquisition of Recharge now complete
          smoother transactions and more payment options. The
          updated services are live now for Trust Wallet users.   Coda has completed its acquisition of Recharge, uniting
                                                                  two businesses with complementary strengths in digi-
          NCR Atleos, FCTI expand relationship                    tal content monetization and prepaid payments. Coda
                                                                  brings partnerships with major publishers like Electronic
          NCR Atleos Corp. expanded its partnership with FCTI     Arts, Activision and Riot Games, and extensive payment
          Inc., one of the largest U.S. ATM owner-operators and a   networks in growth markets, while Recharge contrib-
          subsidiary of Seven Bank Ltd. The agreement includes    utes leading consumer brands such as Apple, Google,
          deploying thousands of new ATMs and providing ter-      Vodafone and PlayStation, along with a broad European
          minal driving services across FCTI's U.S. footprint. FCTI   prepaid portfolio, Coda stated. The combined company
          powers self-service financial solutions at 7-Eleven and   now serves over 200 million users in 180+ markets, pro-
          Speedway and previously partnered with NCR  Atleos      cessing $1.75 billion in 2024 sales. Together, they aim
          to expand  Allpoint Network access. NCR  Atleos was     to expand global reach, capture new market share and
          chosen for its proven owner-operator capabilities and   redefine digital commerce innovation.
          service excellence. The scale of this deployment makes
          FCTI among the largest U.S. service endpoints, reinforc-  Electronic Payments acquires Handpoint
          ing both companies' focus on growth, reliability and
          enhanced financial access for consumers, the partners   Electronic Payments Inc. acquired Handpoint, a pio-
          stated.                                                 neer in integrated and mobile payments with a strong
                                                                  developer-first focus and global reach. EPI said the deal
          payabl. supercharges growth with Silverflow             expands  the  company  beyond  the  U.S.,  adding  opera-
                                                                  tions in Canada, the U.K., South  Africa and Europe,
          Payment processing provider Silverflow partnered with   and  enabling  commerce  in  13+  currencies  under  a
          European fintech payabl. to transform its payments      single contract. Handpoint's  APIs and cloud-managed
          infrastructure and fuel growth. By adopting Silverflow's   terminals allow ISVs and SaaS platforms to embed pay-
          API-first, cloud-based platform, payabl. gained agil-   ments seamlessly across regions without code rewrites,
          ity, faster time-to-market and improved scalability to   EPI noted, adding the acquisition brings 100+ ISV inte-
          handle peak demand, payabl. said. Integration timelines   grations, 18,000 connected devices, and $2 billion in
          for new card schemes dropped from years to months,      annual volume. Handpoint CEO David Gudjonsson will
          enabling quicker service launches and operational effi-  remain, helping drive EPI's international expansion and
          ciency, they added. The partnership also is built on both   developer-led strategy.
          technological alignment and a collaborative culture,
          with teams co-developing solutions in real time. Now    Palo Alto Networks agrees to acquire CyberArk
          operating as strategic allies, Silverflow and payabl. plan
          to expand their collaboration, setting a new standard for   Palo Alto Networks reported it will acquire CyberArk
          innovation and resilience in payment processing.        in a $25 billion deal, giving CyberArk shareholders
                                                                  $45 in cash and 2.2005 Palo Alto shares per CyberArk
                                                                  share—a 26 percent premium. The acquisition marks
                                                                  Palo Alto's formal entry into identity security, combin-

        12
   7   8   9   10   11   12   13   14   15   16   17