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- Wells River Bank has agreed to join the Real Time Payments network operated by The Clearing House Payments Co. LLC. The bank will connect to the network through the Shazam EFT network’s Shazam Pay faster-payments gateway.
- Payments provider Lightspeed POS Inc. launched its Lightspeed Supplier Network, a platform aimed at North American merchants to simplify supply-chain management with functions including automatic updating of supplier catalogs, order-management tools, and automatic shipment handling. Last month, Lightspeed agreed to acquire Upserve Inc., a payments processor for the hospitality industry, for $430 million in cash and stock.
- London-based payments provider Checkout.com closed on a $430-millon Series C funding round, tripling its valuation, and opened its North American headquarters in New York City, adding to an existing U.S. office in San Francisco. The company launched U.S. operations in 2017.
- Paysafe said BetWildwood, the online sportsbook of Wildwood Casino in Colorado, will integrate Paysafe’s payments technology and use Income Access, Paysafe’s marketing technology and services provider, to support the launch of a new BetWildwood affiliate program.
- FrontStream Payments said its disbursement services are now integrated with Salesforce.org Philanthropy Cloud, which enables employees to make donations and provide other services to charitable organizations.
- Fingerprint Cards AB said its fingerprint sensor is the first to be approved by international standards body EMVCo for authentication of payments on mobile devices.
- Remitter USA Inc., a platform that enables lenders to manage and collect debt payments, has appointed Dave Snow vice president of sales.
- Japan-based payment card company JCB International Co. said it has rolled out its JCB Web API service for merchants, based on technology from ACI Worldwide Inc. JCB is accepted at more than 35 million merchant locations worldwide.
- Business-to-business payments software startup Modern Treasury Corp. said it raised $38 billion in a Series B funding round.
- Pushpay Holdings Ltd. named Molly Matthews chief executive officer. She has been the company’s chief customer officer and will begin her CEO duties on March 1. She succeeds interim chief executive Bruce Gordon, who will remain on the Pushpay board of directors.
- Allied Payment Network, a provider of online and mobile bill-payment technology to financial institutions, has appointed Geoffrey Knapp chief growth officer and Jeffrey Harper chief revenue officer. Knapp formerly worked for 2Checkout and Fiserv Inc. Harper most recently worked for Klarivis, a banking-technology vendor.
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