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Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
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,
20212020
Revenue
Banks$95,917 $105,821 
Merchants38,670 31,795 
Billers150,599 153,869 
Total revenue$285,186 $291,485 
Segment Adjusted EBITDA
Banks$37,195 $42,436 
Merchants14,725 6,418 
Billers34,021 30,234 
Depreciation and amortization(33,583)(33,822)
Stock-based compensation expense(6,703)(6,950)
Corporate and unallocated expenses(41,965)(49,599)
Interest, net(8,621)(14,271)
Other, net(1,382)(9,758)
Loss before income taxes$(6,313)$(35,312)
Schedule of Revenue by Primary Solution Category for Reportable Segments
The following is revenue by primary solution category for the Company’s reportable segments for the periods indicated (in thousands):
Three Months Ended March 31, 2021
BanksMerchantsBillersTotal
Primary Solution Categories
Bill Payments$— $— $150,599 $150,599 
Digital Business Banking15,092 — — 15,092 
Merchant Payments— 38,670 — 38,670 
Fraud Management6,224 — — 6,224 
Real-Time Payments13,185 — — 13,185 
Issuing and Acquiring61,416 — — 61,416 
Total$95,917 $38,670 $150,599 $285,186 
Three Months Ended March 31, 2020
BanksMerchantsBillersTotal
Primary Solution Categories
Bill Payments$— $— $153,869 $153,869 
Digital Business Banking15,828 — — 15,828 
Merchant Payments— 31,795 — 31,795 
Fraud Management6,270 — — 6,270 
Real-Time Payments18,236 — — 18,236 
Issuing and Acquiring65,487 — — 65,487 
Total$105,821 $31,795 $153,869 $291,485 
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,
20212020
Revenue
United States$191,977 $204,793 
Other93,209 86,692 
Total$285,186 $291,485 
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, 2021December 31, 2020
Long-lived Assets
United States$1,407,528 $1,423,862 
Other732,651 750,651 
Total$2,140,179 $2,174,513