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- Digital-banking platform Tyfone Inc. said it will work with One Credit Union to offer a real-time payment service certified for FedNow, the national real-time payments system that the Federal Reserve is expected to launch next month.
- Jane Technologies Inc. introduced a point-of-sale system customized for cannabis stores.
- Smart Pay has launched its Smart Pay Kiosk, an ATM-like machine offering financial services such as bill payment, check cashing, and money transfer to unbanked and underbanked users. The company is working with Maya Labs, a provider of regulatory compliance, and Genmega, a manufacturer of financial kiosks.
- Cloud-based receipt platform I Hate Receipts said it joined the Ingenico Payments platform as a service partner.
- A report from e-commerce platform BigCommerce found that gross merchandise volume for automotive merchants increased 4.3% in the first quarter year-over-year, indicating further growth potential for this category.
- Canada-based payments provider Lightspeed Commerce Inc. extended its Lightspeed Capital merchant cash-advance program to the United Kingdom, Australia, New Zealand, and, internally, to Quebec.
- Payments platform BlueSnap announced it will help manage payments providers for Arbonne International LLC, a global marketer of skincare and nutrition products.
- Mastercard Inc. said an agreement with Alipay will allow international travelers in China to link their Mastercard cards to an Alipay wallet to make payments throughout the country.
- Volt, a United Kingdom-based provider of open-banking services, raised $60 million in a Series B funding round led by Institutional Venture Partners.
- Visa Inc. appointed Chris Suh chief financial officer, succeeding long-time CFO Vasant Prabhu, who is leaving the company Sept. 30. Suh comes to Visa from a CFO position at Electronic Arts.
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