Western Union terminates its acquisition of Intermex, plus other digital transactions briefs

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Western Union terminated its agreement to acquire Intermex, saying the final approval conditions set by the California Department of Financial Protection and Innovation were “unacceptable”; the deal was announced on Aug. 10 and valued Intermex at approximately $500 million. SpotOn Transact launched an AI tool that generates real-time business data for restaurant operators; TabaPay became a direct network participant in the Discover Network, allowing its merchant clients to accept networks including Discover, JCB and UnionPay.