Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Selected Financial Data by Reportable Segment

The following is selected financial data for the Company’s reportable segments for the periods indicated (in thousands):

	Three Months Ended March 31,
	2024		2023
Revenue
Banks	$	105,429	$	88,040
Merchants	35,728		34,781
Billers	174,862		166,855
Total revenue	$	316,019	$	289,676
Segment Adjusted EBITDA
Banks	$	41,638	$	24,681
Merchants	10,651		6,544
Billers	30,737		29,641
Depreciation and amortization	(27,609)		(31,539)
Stock-based compensation expense	(8,099)		(5,301)
Corporate and unallocated expenses	(37,758)		(48,378)
Interest, net	(15,001)		(15,387)
Other, net	(2,025)		(3,395)
Loss before income taxes	$	(7,466)	$	(43,134)

Schedule of Revenue by Primary Solution Category for Reportable Segments

The following is revenue by primary solution category for the Company’s reportable segments for the periods indicated (in thousands):

	Three Months Ended March 31, 2024
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	174,862	$	174,862
Merchant Payments	—		35,728		—		35,728
Fraud Management	11,507		—		—		11,507
Real-Time Payments	24,748		—		—		24,748
Issuing and Acquiring	69,174		—		—		69,174
Total	$	105,429	$	35,728	$	174,862	$	316,019
	Three Months Ended March 31, 2023
	Banks		Merchants		Billers		Total
Primary Solution Categories
Bill Payments	$	—	$	—	$	166,855	$	166,855
Merchant Payments	—		34,781		—		34,781
Fraud Management	9,355		—		—		9,355
Real-Time Payments	19,398		—		—		19,398
Issuing and Acquiring	59,287		—		—		59,287
Total	$	88,040	$	34,781	$	166,855	$	289,676

	Three Months Ended March 31,
	2024		2023
Banks
Software as a service and platform as a service	$	10,518	$	9,249
License	28,533		16,316
Maintenance	44,326		46,342
Services	22,052		16,133
Total	$	105,429	$	88,040
Merchants
Software as a service and platform as a service	$	30,352	$	28,850
License	1,440		2,015
Maintenance	3,428		3,737
Services	508		179
Total	$	35,728	$	34,781
Billers
Software as a service and platform as a service	$	174,862	$	166,831
License	—		—
Maintenance	—		24
Services	—		—
Total	$	174,862	$	166,855

Schedule of Revenue by Geographic Location

The following is the Company's revenue by geographic location for the periods indicated (in thousands):

	Three Months Ended March 31,
	2024		2023
Revenue
United States	$	228,107	$	201,269
Other	87,912		88,407
Total	$	316,019	$	289,676

Schedule of Long-lived Assets by Geographic Location

The following is the Company’s long-lived assets by geographic location for the periods indicated (in thousands):

	March 31, 2024		December 31, 2023
Long-lived Assets
United States	$	1,209,207	$	1,216,158
Other	736,375		763,437
Total	$	1,945,582	$	1,979,595