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Goodwill and Acquired Intangible Assets, Net
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET
(6) GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

A summary of acquired intangible assets and goodwill activity for the six months ended June 30, 2021 is presented below:
(in thousands)
 
Acquired
Intangible
Assets
 
Goodwill
 
Total
Intangible
Assets
Balance as of December 31, 2020
 
$
121,883

 
$
665,821

 
$
787,704

Decreases:
 
 
 
 
 
 
Acquisition
 
—

 
—
 
—

Amortization
 
(11,600
 )
 
—

 
(11,600
 )
Foreign currency exchange rate changes
 
(963
 )
 
(8,494
 )
 
(9,457
 )
Balance as of June 30, 2021
 
$
109,320

 
$
657,327

 
$
766,647

Of the total goodwill balance of $657.3 million as of June 30, 2021, $400.6 million relates to the Money Transfer Segment, $133.3 million relates to the epay Segment and the remaining $123.4 million relates to the EFT Processing Segment. Estimated amortization expense on acquired intangible assets with finite lives as of June 30, 2021, is expected to total $11.4 million for the remainder of 2021, $21.7 million for 2022, $16.7 million for 2023, $9.8 million for 2024, $6.4 million for 2025 and $6.3 million for 2026.