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- Payments provider Priority Technology Holdings Inc. said it is launching MX POS, a point-of-sale platform offering cloud accessibility with analytics and data reporting.
- Chargebacks911, a platform for chargeback management, advised merchants to streamline subscription-cancellation processes in response to a proposal from the Federal Trade Commission to require merchants to make it as easy to cancel a recurring subscription as it is to initiate one.
- Though 78% of organizations surveyed by cybersecurity firm Fortinet said they were “very” or “extremely” prepared to mitigate a ransomware attack, 50% of them still fell victim to the malware in the past year. The survey included responses from 569 cybersecurity professionals.
- Payments provider Usio Inc. said software developer Suite Engine LLC integrated Usio’s payment facilitator service into its new Channel Payments Manager Dynamics 265 Business Central app.
- The e-commerce platform Shopify Inc. launched Shopify Bill Pay, a utility allowing merchants to pay vendors directly from the Shopify admin dashboard. The technology behind the service comes from Melio, a payments provider specializing in small businesses.
- EPayPolicy, a provider of payments tools for the insurance industry, launched Finance Connect, a set of financing options that insurers can offer at checkout.
- An expansion beyond content and into physical goods and ticketing will help drive spending on carrier billing to $122 billion worldwide by 2027, up 74% from an expected $70 billion this year, according to a report from research firm Juniper Research.
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