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.
-
Federal Reserve Chair Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.
3h ago -
The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
6h ago -
Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
7h ago -
St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
7h ago -
The two BNPL giants' pay-over-time loans will now be available for in-store purchases on Apple Pay in a move to capture more sales at brick and mortar stores.
8h ago -
State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
8h ago