Page 15 - GS170501
P. 15
IndustryUpdate
Payix aligns with Nortridge Software ACQUISITIONS
Payix and Nortridge Software LLC formed a strategic
alliance to help lenders connect with their borrowers and EVO consolidates VPS operations
improve the ability to collect payments. Payix now offers
real-time integration of its suite of collections tools with EVO Payments International consolidated the operations
the Nortridge Loan System. Nortridge clients are able of one of its long-standing partners, Vision Payment
to add Payix solutions, including web, interactive voice Solutions LLC. Headquartered in Maine, VPS provides
response, text, and collector portal applications, to most payment solutions to SMBs across North America. "We
existing collections tools, the companies stated. are thankful for the all the support we have received
from the entire EVO team over the years, and are confi-
POS Portal, Vantiv expand offerings dent that our merchants will continue to be well served
by EVO going forward," said Eric Hannelius, VPS co-
After a decade-long partnership, POS Portal recently founder and CEO.
added Vantiv-ready payment devices to meet the needs
of Vantiv partners across the integrated payments chan- Mastercard approved for VocaLink buy
nel, including users of Vantiv's cloud-based triPOS plat-
form. According to POS Portal, its team worked closely The UK Competition & Markets Authority gave final
with Vantiv to certify the necessary downloads and approval for the proposed set of remedies that address
encryptions that ensure any outgoing payment devices competition concerns CMA identified earlier this year
for Vantiv merchant customers are correctly configured regarding Mastercard's acquisition of VocaLink Holdings
and arrive ready to deploy. Ltd. The deal was expected to close within weeks of the
April decision. "Adding bank account-based payments
Shop.com joins CashStar exchange alongside our card network extends what we can do and
how we can do it," said Michael Miebach, Mastercard
CashStar Inc. welcomed Shop.com to the CashStar Chief Product Officer.
Exchange Commerce Services program enabling Shop.
com customers to purchase digital gift cards from Spindle acquires CoverCake assets
CashStar's more than 250 merchant brands. "CashStar
is an ideal partner for us given their digital gifting Spindle Inc. finalized an agreement to acquire spe-
expertise, high level of service and best-in-class plat- cific digital marketing software assets from CoverCake
form," said Eddie Alberty, Vice President of Strategic Inc. CoverCake's software is expected to enhance the
Partnerships for Shop.com. sophistication and proprietary strengths of Spindle's
CATALYST Platform. CoverCake's software capabilities
Transactis pairs with Walletron include intelligent content aggregation, data mining on
various social media data feed platforms, and a robust
Transactis partnered with Walletron Inc., expanding its backend content management system.
electronic BillerIQ billpay offering to include Walletron's
moBills bill-to-wallet service. The service will enable PayPal TIO acquisition approved
businesses to present notifications, bill statements and a
streamlined mobile payment experience without requir- PayPal Holdings Inc. and TIO Networks Corp. revealed
ing an app download. Walletron will serve Transactis' the previously announced transaction, pursuant to
premier distribution client base within the financial which PayPal will indirectly acquire all of the issued and
services, technology and digital communications indus- outstanding shares of TIO, was approved in April by a
tries. final order of the Supreme Court of British Columbia.
Completion of the arrangement remains conditional on
Vantiv teams with On Tap, Womply obtaining regulatory approvals and certain other closing
conditions. The acquisition is expected to be completed
Vantiv Inc. partnered with On Tap Credit Union to pro- in the second half of 2017.
vide ATM, debit and credit card payment processing in
addition to fraud solutions, card marketing and loyalty
services to On Tap and its CU members. In a separate
development, Vantiv teamed with Womply to deliver We are dedicated to the
Vantiv BizShield and Insights to small and midsize busi-
nesses (SMBs), which will enable businesses to monitor education and success of the
real-time data, analytics and online reputation, and ISO and MLS.
respond proactively to threats.
15