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- Payments provider PayJunction said it is working with customer-engagement platform Twilio to enable PayJunction merchants to process payments over the phone using AI-supported interactive voice-response technology.
- Gaming-industry specialist Pavilion Payments announced it will launch “VIP Preferred” funding solutions, including eCheck and deferred settlement, at three Pawnee Nation casinos.
- Kort Payments said it will work with Tilled Inc., a provider of technology for payment facilitators, to serve independent software vendors with management and growth assistance. ISVs weave payments capability into business software.
- PayPal Holdings Inc.’s Venmo peer-to-peer payments service announced Big 12 conference university brands for the Venmo Debit Mastercard.
- The embedded-payments specialist Clearent by Xplor said it is renaming itself Xplor Pay.
- E-commerce volume now accounts for about 23.5% of U.S. retail sales, a fraction projected to reach 30% by the end of the decade, as online commerce returns to pre-pandemic trends, according to the “2025 U.S. Online Retail Report” from FTI Consulting.
- Generation X approaches new payment technology cautiously, tending to prefer traditional payment methods, according to a report from PXP, a technology platform. GenX refers to persons born between 1965 and 1980. The report surveyed 4,000 persons in the U.K. and U.S.
- The digital bank FV Bank has launched a virtual account feature, which enables business clients to assign unique account numbers to incoming international payments in an effort to automate processing.
- BlytzPay, a specialist in collections payments, has appointed Lisa Kimball chief product officer. Kimball was formerly an executive with Finicity, acquired in November 2020 by Mastercard Inc.
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