Industry News
The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.
May 10, 2021
Paya Holdings Inc. Announces First Quarter 2021 Results
Payment volume was $9.5 billion, an increase of 24.1% from $7.6 billion for the first quarter of 2020. > See Article
May 10, 2021
FSS selects Zwipe Pay One for Next-Generation Contactless Cards to be Offered Globally
The organizations will collaborate closely, offering greater value to customers by combining FSS´s Unified Issuance Platform and Zwipe Pay One biometric card capabilities, supported by Zwipe´s fast-growing global network of card manufacturing partners. > See Article
May 7, 2021
How Heslo Pay´s Biometric Security is Redefining E-Commerce
Heslo Pay is being billed as the only passwordless one-click checkout button leveraging biometric security to ensure a safe and seamless checkout process for all parties. > See Article
May 6, 2021
Flywire and Discover Partner on Global Education Payments
For the first time, students and their families will be able to use their Discover, Diners Club International and network alliance cards to pay tuition and fees at thousands of educational institutions around the world that offer Flywire for international education payments. > See Article
May 6, 2021
EVO Reports First Quarter 2021 Results
For the first quarter ended March 31, 2021, reported revenue was $106.2 million compared to $111.2 million in the prior year, a decrease of 4%. > See Article
May 6, 2021
Through the partnership, in addition to cash, debit and credit card, or mobile wallet, consumers will soon have the choice and flexibility to pay for products with cryptocurrency and supported loyalty points across Cantaloupe´s nationwide network. > See Article
May 6, 2021
Nuvei to Acquire Simplex, a Payment Solution Provider to the Cryptocurrency Industry
Nuvei will acquire the fintech startup for approximately $250 million to be paid in cash. > See Article
May 6, 2021
Marqeta Partners with Afterpay for In-store Digital Card Offering in Australia and New Zealand
Marqeta´s innovative tokenization technology and modern card-issuing platform will support Afterpay´s in-store digital card. > See Article
May 6, 2021
Kount Dispute and Chargeback Management Solution integrates major card brand dispute and alert systems with industry-leading AI-driven fraud prevention. > See Article
May 6, 2021
FIS Reports First Quarter 2021 Results
On a GAAP basis, consolidated revenue increased 5% to $3,223 million. Net earnings (loss) attributable to common stockholders was $(373) million or $(0.60) per diluted share, which includes expense of approximately $528 million related to our recent debt refinancing. > See Article
May 6, 2021
Bill.com to Acquire Divvy, a Leader in Spend Management for SMBs
The stock and cash transaction is valued at approximately $2.5 billion. > See Article
May 6, 2021
ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2021
Annual recurring revenue (ARR) from new sales, defined as the annual revenue expected to be generated from new accounts, new applications and add-on sales contracts signed in the quarter was $10 million, down from $14 million in Q1 2020 as last year´s bookings had minimal impact from Covid-19 delays. > See Article
May 5, 2021
Fly Now Pay Later: U.K. Fintech Tops Up Funding Round with Extra £10m
Fly Now Pay Later has secured the funding as an addition to its £35m Series A funding that completed in May last year, bringing the total to £45m. > See Article
May 5, 2021
Cardlytics Completes Acquisition of Bridg
Previously announced on April 13, the acquisition pairs Cardlytics´s advertising platform, with visibility into one in every two card swipes in the U.S., with Bridg´s enhanced SKU-level insights. > See Article
May 5, 2021
Finicity´s integration to the Banno Digital Toolkit enables community financial institutions to provide consumers with the freedom to control, access and share their financial data, creating a real-time picture of their financial health. > See Article
May 5, 2021
Zelle Springs Into 2021 with More than $100 Billion Sent in the First Quarter
Year-over-year sent payment values increased by 74%, while payment transactions increased by 61%. > See Article
May 5, 2021
ETA Releases "7 Guiding Principles" for Creation of U.S. CBDC
ETA believes there is a common set of principles against which any proposed Central Bank Digital Currency (CBDC) should be measured. > See Article
May 5, 2021
Tala and Visa Team Up on Cryptocurrency Solution for Global Underbanked
The new collaboration, with additional partners Circle and the Stellar Development Foundation, will bring the benefits of the digital currency ecosystem to emerging markets. > See Article
May 5, 2021
Green Dot Reports First Quarter 2021 Results
Total operating revenues on a generally accepted accounting principles (GAAP) basis were $393.5 million for the first quarter of 2021, up from $362.2 million for the first quarter of 2020, representing a year-over-year increase of 9%. > See Article
Twenty-year-old CompoSecure is the global leader in the manufacture of full- metal and hybrid-metal payment cards, particularly those with embedded contactless...
