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LaCore To Offer Sezzle to Merchants and other Digital Transactions News briefs from 8/26/21

  • Merchant services provider LaCore Payment Technologies said it is now offering Sezzle Inc.’s buy now, pay later service to its merchants. Sezzle is integrated into LaCore’s gateway.
  • Google Pay’s expected revamp may be delayed because of staffing issues, reported tech site ArsTechnica.com. Several Google Pay employees have left amid uncertainty about the transition to the new app, the site said. Google announced in November a major overhaul of its Google Pay wallet. Caesar Sengupta, who headed Google’s payments efforts, left the company in April.
  • Food-ordering and delivery firm Waitr Holdings Inc. has closed on its acquisitions of merchant processors ProMerchant, Flow Payments, and Cape Cod Merchant Services. Terms were not announced.
  • Cross-border payments specialist Cambridge Global Payments, a unit of Fleetcor, said AMI Strategies, which provides technology and utility management services, will use Cambridge service to provide international bill-pay capabilities to their clients.
  • Snapsheet, a claims-management provider, said insurer NYCM Insurance will use its Snapsheet Payments to enable digital payments for customers.
  • Visa Inc. awarded 50 first-year college students with scholarship assistance for up to four years as part of its Visa Black Scholars and Jobs Program. The program includes a $10 million investment over the next five years.
  • Mastercard Inc.’s Finicity open-banking unit said it is expanding its one-touch mortgage-verification service, allowing borrowers to more easily permit lenders to verify assets, income, and employment. The service operates within the ICE Mortgage Technology unit of Intercontinental Exchange Inc.
  • Fintech F1 Payments named three individuals to executive positions. Joel Gambiana was named chief revenue officer. Tedd Huff joined as head of corporate strategy and William Popok was named chief financial officer.

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