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Pitney Bowes unveiled its new logo in January 2015, replacing one used since 1971; the rebranding campaign, which included an updated Web site and marketing, reportedly cost between $40 million and $80 million. [6] Pitney Bowes' 2015 profits totaled $408 million, but this declined to $95 million in profits for 2016.
In 2019 Syncsort acquired the software and data business of Pitney Bowes in a $700 million transaction backed by affiliates of Centerbridge Partners and Clearlake Capital Group. [ 37 ] [ 25 ] The deal roughly doubled the company’s size to 2,000 employees and expanded its service offerings to include data enrichment capabilities, such as ...
PayNow is a near-instant real-time payment system developed by Association of Banks in Singapore. [1] The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions. The system is supported by all major Singaporean banks and is regulated by the Monetary Authority of Singapore (MAS) and works by transferring funds between ...
The payment app includes inventory management and reporting tools. Clover Go : The Clover Go mobile app and portable card reader allow you to accept all major credit cards and mobile wallet payments.
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That same year, it doubled the size of its headquarters [14] and bought postal services company Imagitas from Pitney Bowes for $310 million. [15] The acquisition was in large part due to Imagitas' exclusive 10 year partnership with USPS [16] to facilitate the official Change of Address process, which roughly 40 million people used each year. [17]