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- Nuvei Corp. launched card issuing in 30 markets in Europe with 2024 plans to expand it to the United Kingdom, the United States, and Latin America. The program enables clients to offer physical and virtual white-labeled cards.
- Payments-technology provider BHMI said it will market its software through a reseller agreement with NCR Atleos, a provider of ATMs and other banking technology.
- Mews, a specialist in hospitality technology, launched its Mews Kiosk, a device that allows hotel guests to complete check in and pay expenses through an integrated card reader.
- Incognia, a provider of location-identity technology, said it will work with Mudflap, a mobile-payments platform specializing in the trucking industry, to help authorize transactions.
- Quisitive Technology Solutions Inc. said it has agreed to sell its LedgerPay Inc. unit, which includes the company’s PayIQ processing platform, to Fulcrum IT Partners. Terms include issuance to Quisitive of 27,000 preferred shares of Fulcrum Payments, as well as possible performance earn-outs over a three-year period. The agreement calls for the Fulcrum shares to be valued at $1,000 each after a three-year period.
- Money transfer specialist Paysend raised $65 million in funding that included investments by Mastercard Inc. and TelevisaUnivision, a Spanish language media company.
- E-commerce platform BigCommerce said merchants on its network reported mobile orders accounted for 38% of all orders during Cyber Week, the Friday after Thanksgiving through Monday, a slight increase from the comparable 2022 period.
- The Identity Theft Resource Center released a discussion paper that examines ways to improve the way identities are verified to reduce the number of identity crime victims.
- PayHuddle Solutions, an India-based payments company, named Douglas Daggett president of PayHuddle Solutions North America LLC, as the company expands into the United States.
- Scott Stockberger, formerly with payments platforms Bolt and Yapstone, has joined Cedar, a specialist in health-care payments company, as chief financial officer.
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