SAN FRANCISCO - (12/20/05) -- Biometric solutions provider Pay ByTouch, developer of the fingerprint payment terminal, said it hascontinued its recent acquisitions streak and agreed to buy twoproviders of loyalty technology. They are 7th Street Software,Inc., developer of LoyaltySuite, which helps retailersautomatically give shoppers personalized offers on the productsthey offer; and Convena LLC, which also providers loyaltytechnology to retailers. The two companies will be paired withCapture Resource Inc., a supplier of integrated reward programs PayBy Touch agreed to acquire two weeks ago. Since the first of themonth, Pay By Touch has also completed its acquisition ofCardSystems Solutions, the troubled cards processor for 120,000merchants, and BioPay LLC, a provider of fingerprint authenticationsystems for check cashing. Pay By Touch also acquired ATM Direct,an online payment provider, three months ago.
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Alessandro DiNello, who served as Flagstar's executive chairman in 2024, said he's leaving in order to enjoy his retirement. Meanwhile, a lawsuit accusing him of various wrongdoings is still pending.
8h ago -
Cybersecurity experts at RSAC urged banks to treat the transition to post-quantum cryptography as an enterprise risk, not just an IT headache.
8h ago -
The Minneapolis-based regional bank is extending home-improvement loan durations by as much as two years in a bid to continue capitalizing on a long-running remodeling boom.
9h ago -
The Department of Labor proposed a rule that would bring private credit more into retirement accounts, as pockets of the market bubble up and some point to contagion.
9h ago -
The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one.
11h ago -
The federal court rejected Flagstar's attempts for both a panel rehearing and an en banc hearing to overturn California's interest on mortgage escrow rule.
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