- EasyPark Group, a provider of technology that allows drivers to find and pay for parking, said it has acquired rival parking app developer Parkopedia. Terms were not announced.
- The health-care fintech Veuu Inc. announced it will work with Wipro Ltd., a consulting company, to develop an instant-payment service for transactions between payers and providers.
- Mastercard Inc. is working with Notabene, a provider of compliance technology for cryptocurrency, and M2, a virtual-assets service provider, to assure privacy for transaction data in M2’s trading services.
- Payments-acceptance technology developer Evolv Inc. said it will work with the Community Bankers Association of Georgia as the group’s preferred processor.
- Cross-border money-transfer platform Paysend said it has passed the 10-million mark in consumer users after seven years in operation.
- So-called “headline” U.S. retail sales plunged 0.9% in January, a deeper fall than the 0.2% predicted by economists, according to Bloomberg, and the biggest drop since January a year ago.
- XTM Inc., a technology provider for earned-wage access and other payments, issued an update indicating approximately one-third of some 3,700 restaurants on its platform are now paying a recently introduced monthly software fee, with the expectation that the remaining restaurants will begin paying the charge by the second quarter.
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