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Fee and knowledge safety firm Bluefin Fee Techniques introduced it can purchase TECS Fee Techniques, an omnichannel cost options supplier.
As soon as the deal is finalized, Bluefin and TECS will serve a mixed 34,000 retailers and near 300 world companions in 55 international locations. And for each Atlanta, Georgia-based Bluefin and Austria-based TECS, the acquisition will increase their geographical footprint.
“We’re delighted to welcome TECS’ workers, clients and companions to Bluefin,” mentioned Bluefin CEO John M. Perry. “This mixture brings collectively two firms that focus relentlessly on assembly service provider wants for next-generation cost processing and administration in addition to the safe alternate of PHI and PII knowledge with PCI-validated encryption and tokenization.”
Bluefin will leverage the acquisition to supply its clients omnichannel funds and smartPOS capabilities, which can be built-in into the corporate’s present funds and knowledge safety suite. TECS shoppers will profit from added knowledge safety options, in addition to further assets for its TECS product and resolution suite.
Based in 2007, Bluefin presents encrypted and tokenized funds for point-of-sale transactions. Moreover, the corporate’s knowledge safety platform, ShieldConex, tokenizes funds, Personally Identifiable Info (PII), and Protected Well being Info (PHI) entered on-line. Final month, the corporate appointed a brand new CRO to gasoline its development. And, earlier this fall, Bluefin partnered with business {hardware} producer Sunmi.
Picture by Kelly Sikkema on Unsplash
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