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- SpotOn Transact LLC, a specialist in hospitality payments, launched a service called Rapid Fund, which makes card deposits available within 30 minutes of batching out. It is also taking on a partnership with embedded-finance platform Parafin to operate SpotOn Capital. Both efforts are intended to aid restaurants looking to manage cash flow.
- BlueSnap, a unit of Payroc, said it completed an integration with SAP’s enterprise resource planning software SAP Cloud ERP and S/4HANA, which enables users direct access to payment management.
- Payments-technology provider FreedomPay and Agilysys Inc., a software developer for the hospitality industry, said they will extend and expand an existing partnership to reduce vendor lock-in for merchants, along with other objectives.
- Priority Commerce said it now supports the Texas Rangers Major League Baseball team’s accounts payable operations and was named a sponsor of the ball club.
- NCR Atleos Corp. said Founders Federal Credit Union will use NCR Atleos’s ATM as-a-service model to manage its ATM fleet.
- NeoCurrency, a digital rewards, incentive, and payouts provider, added Cash App and automated clearing house deposits to its roster of payout options for U.S. recipients.
- Payments platform Corpay Inc. and soccer club AC Milan have extended an agreement by which Corpay serves as foreign-exchange partner of the club.
- PayPal Holdings Inc. announced it has begun supporting Pix at checkout for small businesses in Brazil. Pix is that country’s instant-payment platform.
- Movantis, money-movement specialist with services including payments and card issuing, announced it will participate in the Circle Payments Network from Circle Technology Services LLC.
- DataVisor announced Vera, a set of AI agents aimed at preventing online fraud and money laundering faster by replacing manual processes and workflows.
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