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SpotOn raises $300 million, in part to acquire venue POS services provider Appetize
Consolidation in the back-end payments market continued Monday, with the announcement by restaurant/retail payments provider SpotOn that it had raised $300 million in funding, in part to allow the firm to purchase point-of-sale services provider Appetize, which has won big chunks of business in the stadium and events space recently. The big funding round was led by Silicon Valley VC...News
President Biden calls for venues to require vaccinations or recent negative Covid-19 tests for fans
It was only a suggestion and not any kind of an official order, but part of President Joe Biden's address Thursday on new plans to fight the Covid-19 pandemic contained a direct call to sports stadiums and other large public venues to require fans to either be vaccinated or have a recent negative Covid-19 test in order to attend events....News
Raiders, Seahawks and Saints prepare for vaccination checks for fans
The Seattle Seahawks this week joined the New Orleans Saints and the Las Vegas Raiders as the first NFL teams that will require proof of Covid-19 vaccination (or a recent negative Covid-19 test for the Saints and the Seahawks) for entry into the team's stadiums for games this season. According to material posted on the teams' websites, fans will be...News
Nationwide processing outage affects venue payment systems at Petco Park, Allegiant Stadium
Normally event attendees have no idea of what goes on in the background of a stadium's payment-processing business, but when systems go down like they did Saturday night, it's not a pleasant outcome for anyone involved. Details are still being sorted out but apparently a system outage at a company called TSYS, which calls itself "a leading global provider of...Editorial