Page 21 - GS161201
P. 21
IndustryUpdate
out having to speak with a customer service representa- web. Additional options include cloud services, visual
tive, according to the companies. IVR, call tracking capabilities, and other voice and text
applications aimed at bettering the user experience and
Sage teams with Beanworks promoting overall business growth, the company stated.
Sage Software Inc. reported a significant partnership ACQUISITIONS
with accounting workflow automation and payment
provider Beanworks. Sage selected Beanworks for its Bluepoint, Alogent complete merger
ability to deliver a service that helps businesses stream-
line their accounts payable (AP) workflow and bring Following the recent corporate merger between
more efficiency and cost savings to Sage customers' Bluepoint Solutions and Alogent Corp., the combined
financial processes. Beanworks' AP automation delivers companies agreed to operate under the name Alogent
an end-to-end integrated solution to automate process- going forward. The company's global headquarters is in
ing, approval and payment of invoices, thereby provid- Norcross, Ga. "This is not an acquisition of Bluepoint by
ing an immediate effect on efficiency and bottom line, the former Alogent, but a merger between two equally
Sage said. strong, complementary financial technology businesses,
for the benefit of all our customers," said Alogent Vice-
Shift4 pursues Oracle Payment integration Chairman and former Bluepoint CEO Hal Tilbury.
Payment gateway provider Shift4 Corp. said it is now Linxens acquires Smartrac division
writing to the Oracle Payment Interface in order to
provide fast, secure and reliable payment processing to Linxens acquired Smartrac N.V.'s SIT division, which
thousands of merchants who use Oracle's POS and prop- develops and manufactures radio-frequency identifica-
erty management solutions. The integration delivers tion inlays and antennas. Linxens stated that by acquir-
payment gateway support, EMV with layered security, ing the SIT division's technical expertise and vision, it
multiple implementation options, support for unified expects to solidify its position as a provider of contact
and omni-commerce payments, and bank and processor and contactless smart card connectivity solutions across
neutrality, Shift4 said. its key business segments of payments, government,
telecom, transportation, loyalty and more.
Singular Payments, CardConnect align
Visa to acquire CardinalCommerce
Singular Payments LLC formed a strategic alliance
with CardConnect. Singular Payments' customers can Visa and CardinalCommerce recently reached an agree-
now access CardConnect's point-to-point encryption ment whereby Visa will acquire CardinalCommerce,
terminals free for the life of their merchant processing a leader in ecommerce payment authentication. The
relationships. Singular will also leverage CardConnect's acquisition will enable more secure, seamless payments,
support team to provide customer service and technical whether made through a browser, mobile app, or con-
support to its customers. "It's important to us that we nected device, and will help Visa's clients and merchant
bring secure payments to a variety of merchant types, partners accelerate digital commerce, Visa said.
and we can do that with Singular's already impres-
sive client-base," said Angelo Grecco, Executive Vice "This strategic acquisition combines Visa's industry
President at CardConnect. expertise and Cardinal's critical role in payment authen-
tication to bring added security to online transactions,
Springboard teams with BigCommerce reduce fraud, and support digital commerce which is the
fastest growing commerce segment today," said Mark
Springboard Retail and BigCommerce Pty. Ltd. part- Nelsen, Senior Vice President of Risk and Authentication
nered to provide an end-to-end omnichannel system Products at Visa.
for high-volume brands and retailers. The partnership
provides an integration that enables seamless opera- Directly before the acquisition agreement,
tion of physical and digital storefronts. The joint solu- CardinalCommerce opened new headquarters in
tion is designed to drive sales and margins across the Mentor, Ohio. The facility employs design features
omnichannel retail enterprise in real time to increase intended to spark creativity and foster teamwork. "We
productivity and unlock profits for customers, the part- are very pleased to be embarking on the next chapter in
ners said. the company's history in a new and expanded corporate
headquarters," said CardinalCommerce founder and
USAePay forms alliance with IVR Technology Group CEO Mike Keresman.
USAePay said it partnered with IVR Technology Group 21
to give merchants access to a variety of business solu-
tions, including voice, text and email outbound notifica-
tions, and IVR payment processing via phone, text, and