- Bolt Financial Inc., whose app offers checkout, identity, and payments capabilities, announced it is adding embedded investing capability through a deal with Atomic, an investing-as-a-service platform.
- Corpay Inc. said it will sell its PayByPhone mobile parking payments platform to Lightyear Capital in a deal expected to close in the second quarter. Terms were not announced.
- Thredd Group Ltd. said it will support new prepaid, debit, and private-label card programs for Australia-based Vault Payment Solutions in both Australia and the United Kingdom.
- Some 51% of U.S. and Canadian football fans who intend to watch the Super Bowl this Sunday and who live in areas with regulated sports betting plan to wager on the game online, according to research from Paysafe Ltd.
- U.S. Bank added two executives to its Payments: Merchant and Institutional unit. Peter Geronimo will lead the unit’s sales distribution team, having most recently served as head of North American sales for commercial bank services at Citi. Raj Gazula, formerly head of wholesale payments at Truist, will serve as chief administrative officer.
- Payments platform PrimeRevenue Inc. named Eric Riddle to the newly created office of chief commercial officer. Riddle has served as senior vice president for global market strategy at PrimeRevenue since last year. He formerly was an executive at the company from 2009 to 2014.
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