Industry News
The latest information about the companies, products and services that are shaping the payments industry, selected by our team of specialists.
May 17, 2022
Square Expands Afterpay Integration to In-Person Points of Sale
To use Afterpay in-person, buyers simply tap to pay using a mobile wallet loaded with their virtual Afterpay card and pay over four interest-free installments. Square sellers receive their full earnings from each sale immediately. > See Article
May 17, 2022
Shift4 Selected as Payment Processor for Philadelphia’s Wells Fargo Center
Wells Fargo Center has selected Shift4 to process payments for all of its online and in-person ticketing, food and beverage concessions, and retail sales. > See Article
May 16, 2022
Priority Technology Holdings, Inc. Board of Directors Approves Share Repurchase Program
The board approved a share repurchase program under which it authorized the company to repurchase up to $10,000,000 worth of shares of its common stock. > See Article
May 11, 2022
The partnership amplifies the two partners’ transaction intelligence, providing through DNA a precise measure of the level of risk involved with each order and a recommendation to ship it or not depending on that risk. The decisions lets DNA’s merchant customers pass cleaner transaction traffic on to their banks. > See Article
May 11, 2022
Priority Technology Holdings, Inc. Announces First Quarter Financial Results
Revenue of $153.2 million increased 35.2% from $113.3 million. Gross profit (a non-GAAP measure) of $51.8 million increased $20.4 million from $31.4 million. > See Article
May 11, 2022
The embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as digital deposits, accounts payables and other banking processes that augment or enhance the banks’ proprietary digital footprint. > See Article
May 10, 2022
Wink Biometric Payments and Identity Platform Announces Pre-Seed Funding
Wink announced the successful close of a pre-seed funding round of $2.85 million, highly oversubscribed against its goal of $1 million. The company’s biometric payments and identity platform uses advanced face, voice and device recognition combined with AI and machine learning, to truly eliminate passwords and card numbers from e-commerce. > See Article
May 10, 2022
Nuvei Announces First Quarter 2022 Results
Total volume, revenue and Adjusted EBITDA grew 42%, 43%, and 40%, respectively over the first quarter of 2021. > See Article
May 10, 2022
The collaboration with Versapay will enable American Express to offer a fully automated acceptance experience and improve the B2B payments process.
> See ArticleMay 10, 2022
Peach Selected as Visa Ready for BNPL Launch Partner
As part of the program, Peach will help Visa clients power BNPL programs. > See Article
May 9, 2022
By working with Exchange Solutions, Fiserv merchant clients will have access to innovative value-added solutions that help increase consumer engagement, brand loyalty, revenue and profitability.
> See ArticleMay 9, 2022
Adyen Expands Global Partnership with Afterpay
Afterpay is working with Adyen to process payments across key markets including Australia, New Zealand, Canada, Europe, U.S., and the U.K. to support the company´s global growth. > See Article
May 4, 2022
EVO Reports First Quarter 2022 Results
For the quarter ended March 31, 2022, reported revenue was $126.9 million compared to $106.2 million in the prior year, an increase of 20%. On a currency neutral basis, revenue for the quarter increased 23%. > See Article
May 4, 2022
Fiserv to Simplify How Businesses Enable Buy Now, Pay Later
Fiserv, which currently offers BNPL services to merchants through relationships with Bread, Synchrony and Zip, has announced a new relationship with Affirm. This will be the first BNPL option fully integrated into the Carat operating system. > See Article
May 4, 2022
This new offering allows organizations anywhere in the world to securely and reliably accept local bank transfers across over 40 countries in more than 25 currencies, including the US, UK, EU and APAC regions. > See Article
May 3, 2022
Everyware Partners with MX to Deliver Real-Time Payments and Open Banking with Pay By Text
The RTP and open banking experience, along with security enhancements, are made possible through Everyware´s partnership with MX, the leader in Open Finance. > See Article
May 3, 2022
Deluxe Expands Digital Payments Network Capability by Adding BillGo to Portfolio
Using this multi-layered payment waterfall model, Deluxe and BillGo will more efficiently and quickly send payments for more customers. > See Article
Providing cardholders with rewards points based on rent payments they make is the biggest feature of the no-annual-fee Bilt Mastercard credit card issued...