Oct. 13, 2025
| Today’s news and insights for payments leaders
NOTE FROM THE EDITOR
Dear readers,
We're taking a break on Monday for Columbus Day and Indigenous Peoples’ Day, but we’ve got a special holiday edition for you revisiting recent stories on a slew of major acquisitions in the payments space.
We’ve reported on six purchases by big-name payment companies and fintechs in just the past two months. Payments processing behemoth Fiserv has been especially active, gobbling up three smaller firms in September alone.
The Milwaukee company announced on Sept. 4 that it bought CardFree, a payments and ordering platform that works with restaurants, hotels and breweries. And in quick succession, Fiserv announced two more deals for the cash manager StoneCastle and the Smith Consulting Group.
Fiserv has targeted processing for hospitality companies and an expansion in cryptocurrency, two spaces that are hot across the industry.
In the past few months we've also covered FIS's acquisition of the fintech Amount, Synchrony's purchase of software firm Versatile Credit and took note of Jack Henry & Associates buying Victor Technologies.
As always, thank you for reading and please share Payments Dive with any colleague or peer who might benefit from it. You can forward this edition and they can sign up here for the free newsletter.
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Patrick Cooley
Reporter, Payments Dive
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The deal for Smith Consulting Group is designed to give Fiserv’s bank and credit union customers deeper technical expertise.
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The Chicago-based fintech, which provides banking technology, expands the portfolio of services FIS can offer banks and credit unions.
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The South Dakota billing and payments software company was purchased by the Chicago private equity firm GTCR.
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U.S. businesses go digital as business payments network Paymode reveals a major shift.
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The deal for StoneCastle expands Fiserv as a liquidity source for financial institutions, and will help the processor fund cash for its FIUSD stablecoin.
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The company said it acquired the California startup that focuses on restaurant and hotel payment systems to expand its Clover point-of-sale business.
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The acquisition of cash management software firm DTS Connex bolsters the bank’s commercial payments business, which already processes significant sums, specifically $17 trillion last year.
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