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- Payments provider ACI Worldwide Inc. said it has completed testing and certification necessary to participate in the Federal Reserve’s FedNow real-time payment service, set to launch in July.
- Identity-verification specialist Veriff said it will provide its services through processor MassPay’s payments-orchestration platform.
- Warning of more fraud as peer-to-peer and real-time payments gain volume, technology firm ComplyAdvantage launched Fraud Detection, which depends on machine learning to weed out fraudulent transactions.
- Payments provider Netevia announced an agreement under which it will combine its online-banking services with payment processing from PaymentClub.
- Payments provider Tipalti said it has raised $150 million in growth financing from JPMorgan Chase Bank and Hercules Capital Inc. The round follows a $270-million Series F Tipalti completed in 2021.
- Payments-technology provider Quisitive Technology Solutions Inc. reported first-quarter revenue of $48.3 million, up 7.5% year-over-year. The company’s net loss widened to $2.59 million from $1.45 million a year ago.
- Money transfer provider Paysend said OnTop, a payroll services provider, will use its technology in a new payout-to-cards capability for employer and contractor payroll.
- Payments provider Fortis said it became a recommended partner of Sage, an accounting and business software company.
- Capco, a technology and management consultancy, named Naveen Kumar partner to lead its Canadian payments practice.
- Chargeback Gurus, a chargeback prevention and recovery firm, named Oscar Bello chief sales officer and Steve Herrmann senior advisor to the office of the CEO.
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