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Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

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Yotpo Joins UPS eCommerce Tech Program For SMBs

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Yotpo, the New York-based eCommerce marketing platform, has been selected as a partner by the UPS Customer Technology Program ( CTP ) that promises to provide small and medium-sized businesses (SMBs) with access to customer reviews, visual marketing, loyalty and referrals, the company announced. Terms of the deal were not disclosed.

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Eclipse Acquisition Brings Payment Alliance Int’l 15K More ATMs

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ATM portfolio management tools and services firm Payment Alliance International (PAI) has acquired Arizona-based ATM operator Eclipse Cash Systems for an undisclosed sum. PAI provides scale, as well as industry-leading portfolio management tools for our market partners. PAI has had a busy summer.

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FinTech Cloud Technology Fuels Banking Innovation

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Finastra unveiled Fusion Payments To Go , which the firm says decreases the expense and risk of keeping legacy infrastructure in adherence with regulations and evolving market initiatives. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

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KKR To Acquire German Digital Payments Firm Heidelpay

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Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. The co-founders of Heidelpay and the existing management team kept a minority stake in the business.

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Jack In The Box Gives Up Qdoba For $305M

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Jack In the Box acquired Qdoba restaurants in 2003, when it was an 85-location chain with around $65 million in annual sales. Apollo Global Management is the buyer behind the deal, which is expected to close sometime in April. “We We are firmly committed to Qdoba’s continued growth as a leading fast casual restaurant operator.”.

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Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

Digital Shop, which was co-created with FinTech ePayLater, will allow kirana owners to track their daily and monthly sales, manage their inventory, place orders with Metro, offer digital payment options to customers and more, according to Live Mint.

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