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Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

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 June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Revenue
Banks			$	117,507					$	141,946					$	205,547					$	274,144
Merchants			36,508						36,534						71,289						77,536
Billers			169,310						161,945						336,165						311,825
Total revenue			$	323,325					$	340,425					$	613,001					$	663,505
Segment Adjusted EBITDA
Banks			$	51,622					$	70,160					$	76,303					$	134,874
Merchants			9,911						7,749						16,455						22,462
Billers			31,229						28,324						60,870						54,681
Depreciation and amortization			(31,436)						(32,240)						(62,975)						(63,729)
Stock-based compensation expense			(5,414)						(6,800)						(10,715)						(14,758)
Corporate and unallocated expenses			(45,392)						(42,736)						(93,770)						(81,407)
Interest, net			(16,451)						(8,733)						(31,838)						(16,468)
Other, net			(4,092)						2,006						(7,487)						4,256
Income (loss) before income taxes			$	(10,023)					$	17,730					$	(53,157)					$	39,911

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 June 30, 2023
			Banks						Merchants						Billers						Total
Primary Solution Categories
Bill Payments			$	—					$	—					$	169,310					$	169,310
Digital Business Banking			742						—						—						742
Merchant Payments			—						36,508						—						36,508
Fraud Management			12,153						—						—						12,153
Real-Time Payments			26,499						—						—						26,499
Issuing and Acquiring			78,113						—						—						78,113
Total			$	117,507					$	36,508					$	169,310					$	323,325
			Three Months Ended June 30, 2022
			Banks						Merchants						Billers						Total
Primary Solution Categories
Bill Payments			$	—					$	—					$	161,945					$	161,945
Digital Business Banking			12,097						—						—						12,097
Merchant Payments			—						36,534						—						36,534
Fraud Management			7,552						—						—						7,552
Real-Time Payments			24,212						—						—						24,212
Issuing and Acquiring			98,085						—						—						98,085
Total			$	141,946					$	36,534					$	161,945					$	340,425
			Six Months Ended June 30, 2023
			Banks						Merchants						Billers						Total
Primary Solution Categories
Bill Payments			$	—					$	—					$	336,165					$	336,165
Digital Business Banking			1,591						—						—						1,591
Merchant Payments			—						71,289						—						71,289
Fraud Management			21,508						—						—						21,508
Real-Time Payments			45,897						—						—						45,897
Issuing and Acquiring			136,551						—						—						136,551
Total			$	205,547					$	71,289					$	336,165					$	613,001
			Six Months Ended June 30, 2022
			Banks						Merchants						Billers						Total
Primary Solution Categories
Bill Payments			$	—					$	—					$	311,825					$	311,825
Digital Business Banking			25,585						—						—						25,585
Merchant Payments			—						77,536						—						77,536
Fraud Management			15,329						—						—						15,329
Real-Time Payments			46,139						—						—						46,139
Issuing and Acquiring			187,091						—						—						187,091
Total			$	274,144					$	77,536					$	311,825					$	663,505

			Three Months Ended June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Banks
Software as a service and platform as a service			$	9,742					$	13,985					$	18,991					$	27,937
License			42,885						62,942						59,201						117,381
Maintenance			47,624						46,744						93,966						94,087
Services			17,256						18,275						33,389						34,739
Total			$	117,507					$	141,946					$	205,547					$	274,144
Merchants
Software as a service and platform as a service			$	30,648					$	31,058					$	59,498					$	61,825
License			1,786						1,372						3,801						7,218
Maintenance			3,743						3,808						7,480						7,846
Services			331						296						510						647
Total			$	36,508					$	36,534					$	71,289					$	77,536
Billers
Software as a service and platform as a service			$	169,286					$	161,935					$	336,117					$	311,778
License			—						—						—						—
Maintenance			24						10						48						47
Services			—						—						—						—
Total			$	169,310					$	161,945					$	336,165					$	311,825

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 June 30,												Six Months Ended June 30,
			2023						2022						2023						2022
Revenue
United States			$	205,199					$	209,459					$	406,468					$	408,774
Other			118,126						130,966						206,533						254,731
Total			$	323,325					$	340,425					$	613,001					$	663,505

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):

			June 30, 2023						December 31, 2022
Long-lived Assets
United States			$	1,233,695					$	1,286,505
Other			732,291						754,847
Total			$	1,965,986					$	2,041,352

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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

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