Industry News

Mar 8, 2021

Digital Payments Platform AeroPay Raises $5+ Million Venture Round Led by Chicago Ventures Amid Rapid Growth

The funding will support recruiting new talent, continued growth in the cannabis industry and building out additional features of the product. > See Article

Mar 8, 2021

Paysafe Accelerates Delivery of Cloud Strategy Using Microsoft Azure

As part of the collaboration, Paysafe is leveraging Microsoft Azure´s open and flexible cloud computing platform and tools for its U.S. payment processing and merchant services. This will enable more agile delivery methods and establish a scalable global cloud footprint for Paysafe´s Card Present transaction systems. > See Article

Mar 8, 2021

Mastercard Accelerates Deployment of Digital First Solutions

Mastercard is expanding the Engage platform, offering customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. > See Article

Mar 8, 2021

Priority Technology Holdings, Inc. to Acquire Finxera to Create the Premier Payments and Banking as a Service Platform

The transaction is expected to close in the third quarter of 2021. > See Article

Mar 5, 2021

Mastercard Completes Acquisition of Nets´s Account-to-Account Payment Business

Mastercard has completed its acquisition of the majority of the Corporate Services business of Nets, a leading European paytech company, having met the conditions set out by the European Commission in its approval in August 2020. The additions to Mastercard will support a broader set of account-to-account capabilities, including clearing and settlement instant payment infrastructure, bill payment and e-invoicing applications.   > See Article

Mar 5, 2021

Pymt Offers Simple and Affordable Merchant Processing for Small and Midsized Businesses

All monthly fees have been removed in an effort to keep more in line with merchant needs in today´s emerging Covid-19 economy. > See Article

Mar 4, 2021

OLB Streamlines Cryptocurrency Processing for Merchant Convenience

The OLB Group has announced that its SecurePay payment gateway is optimized to support the processing of cryptocurrency purchases and settlement of merchant funds. > See Article

Mar 4, 2021

Bill.com Earns Nacha Certified Status

Nacha Certified is a voluntary program for third-party zenders in the ACH Network, such as Bill.com. This is Bill.com´s second time achieving Nacha Certified, with the first in 2018. > See Article

Mar 4, 2021

Mastercard SpendingPulse: U.S. Retail Sales Grow in February Despite Winter Blast

U.S. retail sales excluding automotive and gasoline increased 4.6% year over year when adjusted for leap year, according to Mastercard SpendingPulse. Online sales grew 54.7%. > See Article

Mar 4, 2021

Shift4 Payments Announces Acquisition of VenueNext to Power Sports Stadiums, Entertainment Venues and Theme Parks

The acquisition enhances Shift4´s presence and capabilities in a number of large and growing verticals such as stadiums and arenas, while significantly expanding the company´s total addressable market with entry into entertainment, universities, theme parks, airports and other verticals.   > See Article

Mar 4, 2021

Shazam Acquires Digital Filing Solutions, Adds FileX Solution to Enhance Core Product Suite

The FileX software is used by organizations in multiple industries, from banking and investments to education and healthcare, to provide seamless access to digital documents, document imaging, workflow automation and e-form processing. > See Article

Mar 4, 2021

Paysend Announces Partnership with Mastercard

The partnership with Mastercard will support Paysend´s global approach by offering a platform for strategic expansion, increasing capacity for interregional transactions. > See Article

Mar 3, 2021

Hancock Whitney Bank Offers PayActiv EWA Program to Business Clients

PayActiv, the only EWA Program to receive an Approval Order from the Consumer Financial Protection Bureau (CFPB), welcomes Hancock Whitney, the first bank to offer PayActiv´s financial wellness solution to its bank clients. > See Article