Industry News

The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.

Jun 18, 2021

E-Livestock Global Launch Mastercard Blockchain-Based Solution to Bring Visibility to the Cattle Industry in Zimbabwe

Zimbabwe is the first African country to see the roll out of E-Livestock Global´s traceability system powered by Mastercard´s blockchain-based Provenance solution, bringing end-to-end visibility to the cattle supply chain. > See Article

Jun 18, 2021

Curate, the Modern Sales and Operations Platform for Creative Small Businesses, Raises $1.25 Million from Square Co-Founder Jim McKelvey, OCA Ventures

Curate makes it easy for small businesses to instantly create beautiful proposals, process payments, manage complicated supply chains and optimize communication with customers and suppliers. > See Article

Jun 18, 2021

Atlantic-Pacific Processing Systems Acquires Clique Accounting and ERP

The acquisition enables APPS to expand its suite of enterprise resource planning and accounting paymentintegrations to include QuickBooks, FreshBooks, Xero, Sage and more, while supporting all major payment processing providers and more than 20 top payment gateways. Terms of the acquisition were not disclosed. > See Article

Jun 16, 2021

Visa Launches Its First U.S. Tap to Phone Pilot in Washington D.C. to Support Region´s Black-Owned Small Businesses

Washington, D.C. is the first stop on Visa´s six-city SMB revitalization initiative, which also includes Atlanta, Chicago, Detroit, Los Angeles and Miami. > See Article

Jun 16, 2021

Teampay Launches Digital Corporate Card in Collaboration with Mastercard

A new executive offering called Catalyst by Teampay is a first-of-its kind digital corporate card. Upon company issuance, Catalyst can be pushed to a cardholder´s mobile wallet so they can make purchases immediately online, in-app and at the point of sale.  > See Article

Jun 15, 2021

dLocal Unlocks the Brazilian Market to International Sellers

The new agreement enables nondomestic merchants, for the first time, to sell their products in Brazil on Amazon´s online store using dLocal´s new marketplace solution. > See Article

Jun 15, 2021

Wix Acquires Modalyst to Provide Its Own eCommerce Supplier Marketplace and Native Dropshipping Solution

The acquisition will provide Wix eCommerce merchants with a native supplier marketplace to source quality products, as well as an integrated drop-shipping platform for end to end white-label product fulfillment. > See Article

Jun 15, 2021

NCR´s Transaction with Cardtronics Expected to Close June 21, 2021

After the expected completion of the transaction, NCR and Cardtronics will continue to operate as separately managed companies until we receive necessary U.K. regulatory approvals and consents. > See Article

Jun 15, 2021

Repay Completes Acquisition of Billing Tree

Repay acquired Billing Tree for a total of approximately $503 million, consisting of approximately $275 million in cash from Repay´s balance sheet at closing and approximately 10 million shares of newly issued REPAY Class A common stock to the seller. > See Article

Jun 15, 2021

DailyPay, PNC Bank and The Clearing House Team Up to Provide Real-time Access to Earned Pay for Millions of American Workers

DailyPay has teamed up with PNC Bank and The Clearing House to offer real-time payments over the RTP network, creating the ability to fulfill employee payment needs 24/7/365. > See Article

Jun 15, 2021

CDK Global Introduces CDK OnePay Fueled by Global Payments

CDK OnePay is designed to help dealers create a frictionless customer experience with end-to-end seamless payment technologies and expanded payment options. > See Article

Jun 14, 2021

Kabbage, an American Express Company, Launches Kabbage Checking for U.S. Small Businesses

With an annual percentage yield (APY) of 1.10 percent on balances up to $100,000, Kabbage Checking is designed to help small businesses grow, with no monthly maintenance fees, no set-up fees and convenient on-the-go features--all backed by American Express. > See Article

Jun 14, 2021

Stripe Launches Stripe Identity, an Identity Verification Tool to Increase Trust Online

Identity is built on the same infrastructure that powers Stripe´s own global onboarding compliance and risk management, meaning that the verification tooling Stripe originally built for itself is now available to Stripe´s users as well.  > See Article

Jun 14, 2021

Adyen Granted U.S. Branch License

The U.S. Office of the Comptroller of the Currency (OCC) has approved Adyen´s application to establish a Federal Foreign Branch in San Francisco, California. > See Article

Jun 10, 2021

Buy Now, Pay Later Leader Uplift Launches Partnership with Vegas.com as Las Vegas, Nevada, Tops List of Summer Travel Hot Spots

According to travel booking data from Uplift, domestic travel is heating up in the U.S., with air travel bookings up 73% compared to a year ago. > See Article

Jun 10, 2021

PenFed Credit Union Makes Card Management Easy with Digital Technology from Fiserv

With CardHub from Fiserv, PenFed´s members will benefit from greater control of their cards and enhanced visibility into their financial transactions. > See Article

Jun 10, 2021

India´s Largest Bank SBI Invests in Leading Digital Payments Firm Cashfree

The move reinforces their shared vision of promoting digital modes of payments. > See Article

Jun 10, 2021

PenFed Credit Union Makes Card Management Easy with Digital Technology from Fiserv

The credit union will offer spending insights, safety controls and self-service capabilities through members’ smartphones, tablets and desktop computers. > See Article

Jun 10, 2021

BofA Expands Its Digital B2C Payment Offerings with Pay to Card

For domestic payouts, funds are typically available in near real time, within 5 minutes, while applicable cross-border payouts are often available within 30 minutes. > See Article

Jun 10, 2021

Airwallex and Visa Unveil Airwallex Borderless Cards for Businesses in Hong Kong

Airwallex customers in Hong Kong will be able to instantly generate and issue multicurrency virtual payment cards that can be used to promptly pay third parties, such as vendors and online subscriptions. > See Article

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