Monday , May 16, 2022

News

May, 2022

  • 11 May

    Accelerating growth for your merchants with real-time payments

        By Steven Velasquez, Senior Vice President and Head of Partner Business Development for Elavon, Inc. The past two years have brought unprecedented change to both business and consumer behavior. 2020 was the year small businesses needed to find a way to adapt their operations to survive in a …

  • 11 May

    Infinicept Lands New Funding To Expand Its Embedded-Payments Platform

    Fresh off a $23-million round of new funding, Infinicept, a Denver-based firm that specializes in embedded payments, intends to use the money to add scalability and functionality to its payments platform, expand into international markets, and add tools and processes for clients.  As a result, Infinicept says, clients will have …

  • 11 May

    Eye on Earnings: Paya Pursues Integrated Commerce; Paysafe Looks to Recover Momentum

    Paya Holdings Inc., which has been acquisitive in recent years, isn’t done doing deals. Chief executive Jeff Hack won’t name names, but multiple acquisition targets have clearly been scoped out. “We’re busy doing due diligence on a variety of deals. We see attractive opportunities for inorganic growth. You should expect …

  • 11 May

    Priority’s Revenue up 35% and other Digital Transactions News briefs from 5/11/22

    Payments provider Priority Technology Holdings Inc. reported first-quarter revenue of $153.2 million, up 35% year-over-year.PayBright said it will provide installment payments to passengers using CheapOair.ca, an online travel agency.Travel platform Agoda said it now offers interest-free credit card installment payments on its booking platform in a partnership with Visa Inc.E-commerce fraud protection provider Signifyd said it …

  • 10 May

    Visa’s Expansion of Visa Ready for BNPL Reflects the Payment Method’s Growing Popularity

    The white-hot buy now, pay later market got even hotter Tuesday as Visa Inc. announced an expansion of its Visa Ready program with Visa Ready for BNPL. More than 20 partners are now live on Visa Ready for BNPL, including ACI Worldwide Inc., CyberSource Corp., FIS Inc., Marqeta Inc., and …

  • 10 May

    An Appetite for Faster Payments Grows as the ACH Payment Limit Expands to $1 Million

    While the payments industry reckons with the arrival of real-time settlement capability, an appetite among financial institutions for faster payments in general has clearly emerged. Dollar volume on the automated clearing house network for transactions settled on the same day grew 53% in March compared to February, following the introduction …

  • 10 May

    Paying Rent with Crypto and other Digital Transactions News briefs from 5/10/22

    Apartment-rental platform Livly said tenants can make rent payments in cryptocurrency through the Livly Resident Mobile App. Landlords will be paid in U.S. dollars.Banking-technology provider Jack Henry & Associates said consumers and businesses will be able to access cryptocurrency trading through the company’s Banno Digital Platform. Jack Henry is partnering with NYDIG, a crypto …

  • 9 May

    Paysafe Expands Its iGaming Footprint in The U.K. And Europe in a Deal With Playtech

    Focused on iGaming as a growth strategy, Paysafe Ltd. announced Monday it is expanding its relationship with Playtech plc, a provider of gambling software, to the United Kingdom and Europe. The deal builds off the two companies’ existing relationship in United States. The deal will allow iGaming operators in the U.K. …

  • 9 May

    Bigger Tickets, Savvier Consumers, Higher Losses: It’s All Part of BNPL 2.0, Some Say

    At least some payments players appear to be preparing for an important new phase in the buy now, pay later business, with an opening salvo to include significantly larger loans and revised credit terms that make the advances appear more like traditional installment programs. The move comes as the short-term …

  • 9 May

    Fiserv Adds Loyalty Option and other Digital Transactions News briefs from 5/9/22

    Large retailers that use Fiserv Inc. payments-acceptance technology can add loyalty functions via a new agreement between Fiserv and loyalty-technology provider Exchange Solutions.The global standards body EMVCo said it is developing an EMV Contactless Kernel Specification for contactless payment acceptance around the world. The new specification will take the place of the more than …

Digital Transactions