Industry News

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

Oct 20, 2021

Square Loyalty and Square Marketing Launch for U.K. Businesses

Square Marketing and Square Loyalty are now available as separate subscriptions for U.K. businesses of all types and sizes. > See Article

Oct 20, 2021

American Express and Goldman Sachs to Provide Integrated Digital Payment Solution for Corporate Clients

The collaboration will provide large corporate clients with a cloud-based payment solution that will support multiple payment options and offer data and analytics in one integrated platform. > See Article

Oct 20, 2021

Wells Fargo Strategic Capital Brings Total Growth Investment in Volante Technologies to USD 45M

With this investment, the bank´s growth capital unit joins a number of global institutional and strategic investors that committed to the previous capital raise led by Wavecrest Growth Partners in August 2020. > See Article

Oct 19, 2021

Paloma and Square Join Forces to Make DMs a Powerful New Sales Channel for Small Businesses

As the first platform in Square´s marketplace to make direct messages a possible sales channel, Paloma´s integration will ensure businesses can seamlessly transform Facebook and Instagram into personalized storefronts. > See Article

Oct 19, 2021

Paysafe Relaunches U.S. Partnership Programs to Deliver Comprehensive Payment Solutions

The partnership programs provide independent agents, independent sales organizations (ISOs), independent software vendors (ISVs) and financial institutions with an array of tailored solutions to drive continuous growth. > See Article

Oct 19, 2021

Statement from Diem Networks U.S. Regarding Congressional Interest in Project

"Diem welcomes the opportunity to engage with members of Congress on the robust controls we have spent two years building into our payment system. Unfortunately, today´s letter from lawmakers to Facebook misunderstands the relationship between Diem and Facebook."  > See Article

Oct 19, 2021

Shazam, Inc. Taps Arroweye Solutions for Market-Leading Card Production Services

Arrowey will supply debit and credit cards for Shazam´s more than 1,100 small- to large-sized bank, credit union and fintech clients beginning in June. > See Article

Oct 19, 2021

Mastercard Strengthens Digital Asset Security with Close of CipherTrace Acquisition

The deal creates an integrated offering that combines AI, cyber and blockchain capabilities to provide businesses with greater transparency to help identify and understand their risks and manage regulatory and compliance obligations. > See Article

Oct 19, 2021

Cryptocurrency Innovators Invest in New Card Solutions, With Marqeta´s Modern Card Issuing Platform

Category leaders Coinbase, Fold, Shakepay and Bakkt have all leveraged Marqeta to build cutting edge card solutions that drive new engagement through crypto spend and rewards cards. > See Article

Oct 19, 2021

Chargebee and Worldline Partner on Subscription and Payment Management Integration to Improve Customer Engagement and Retention

Chargebee and Worldline will collaborate to provide an end-to-end payment, subscription and revenue operations solution for merchants operating in a subscription model. > See Article

Oct 18, 2021

Fiserv to Expand Digital Storefront Capabilities with Acquisition of BentoBox

This transaction expands the company´s Clover dining solutions and industry-leading commerce and business management capabilities, which enable nearly 200,000 restaurants of all sizes to deliver unique and differentiating diner experiences, from quick and casual to full service. > See Article

Oct 18, 2021

Klarna Expands and Strengthens U.K. Offering Including Launch of ´Pay Now´ Immediate Payments

´Pay Now´ ensures U.K. consumers can always pay immediately and in full, wherever Klarna is available, with the same payment experience whether they choose to pay now or later.  > See Article

Oct 18, 2021

Mastercard and Previse Speed Business Payments Globally

The collaboration will enable instant payments to suppliers in over 100 markets globally. > See Article

Oct 18, 2021

X1 Card Launches for a New Generation of Cardholders

After being in a private beta for the last six months, the X1 Card is officially rolling out to the public, starting with its waitlist. > See Article

Oct 14, 2021

Synchrony and Fiserv Expand Strategic Partnership with Payment Options for Merchants and Their Customers Via Clover

Small businesses will be able to access Synchrony products and services and accept private label credit card payments via the Clover point-of-sale and business management platform from Fiserv, accelerating growth for small businesses and offering more flexibility and choice in how consumers make purchases. > See Article

Oct 14, 2021

Veem Partners with Visa to Enhance Domestic and Cross-Border Money Movement

Over 400,000 of Veem´s customers will have access to a new SMB Visa card program and digital money movement capabilities through Visa Direct, Visa´s real-time push payments platform. > See Article

Oct 14, 2021

ZmBIZI is the First Smartphone Brand in the U.S. to Accept Contactless Payments

The new Z2 smartphone combines the power of payments within the simplicity of a smartphone to create a smart point of-sale for businesses to get paid on the go. > See Article

Oct 14, 2021

Worldnet is First to Certify Ingenico´s Self Series

Worldnet has became the first integrated payment platform to complete a Level III EMV and Contactless certification of the Self Series from Ingenico, a Worldline brand. > See Article

Oct 14, 2021

MagicCube Announces $15-Million Investment Round Led by Mosaik Partners, Advancing the Software-Based Security Paradigm Shift

Funds raised in this round will be used to accelerate deployment of the company´s unmatched software-based security solutions aimed at replacing security chips used today as the standard to safely store sensitive data and authenticate whoever needs access to it. > See Article

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