- Funds supplier The OLB Group Inc. stated its SecurePay gateway can now help cryptocurrency transactions and settlement of funds for retailers, placing crypto on par with credit score and debit funds.
- PayActiv Inc., a supplier of earned-wage entry expertise, stated Hancock Whitney is the primary monetary establishment to supply the corporate’s service.
- In associated information, human-resources software program supplier OnShift Inc., whose early wage entry service is supplied by PayActiv, reported its OnShift Pockets supported nearly $50 million in wage advances in 2020.
- iStream Financial Services, which gives treasury-management companies associated to funds, stated a partnership with gateway NMI permits it to supply a service that features each card and automatic clearing home processing on a single platform.
- Level-of-sale expertise supplier PAX Technology Inc. stated Scholastic Ebook Gala’s are utilizing PAX gadgets to just accept card funds.
- A survey by Broadridge Financial Solutions Inc. of three,000 U.S. and Canadian shoppers age 25 and up revealed that one-third of shoppers made an internet invoice cost in 2020, the primary time the proportion reached that top.
- ACH rulemaker Nacha authorised Invoice.com as Nacha Licensed. Invoice.com gives ACH cost companies.
- February U.S. retail gross sales, excluding automotive and gasoline, elevated 4.6% year-over-year, Mastercard Inc. stated in its Mastercard Spending Pulse. On-line gross sales elevated 54.7% in comparison with February 2020.
- Square Inc. introduced it’s buying a majority stake in music service Tidal for $297 million in money and inventory. The acquisition, Sq. defined, can assist musicians discover new methods to help their work utilizing Sq.’s companies, like Money App.
- Sq. additionally launched Square for Restaurants in Canada.
- Visa Inc. introduced a brand new regionally targeted program to foster Black-owned small companies, with an emphasis on these owned by Black ladies. This system consists of grants, mentorship, academic and expertise assets, and dealing instantly with Black Woman Ventures, an entrepreneurial advocacy group.
- NICE Actimize stated it’s offering its Xceed financial-crime platform to prospects of Finastra, a financial-technology supplier.
