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- FlexPoint announced its launch as a payments platform for so-called managed-service providers, or organizations that provide information-technology services to companies. Flexpoint also announced a long-term financing program for clients through GreatAmerica Financial Services.
- Automaker Mitsubishi Electric said it has enlisted BlackBerry Ltd. to supply in-vehicle data services, including digital payments.
- Commerce-technology provider Treez launched new payments services for cannabis retailers, including card and automated clearing house options.
- SurgePays Inc., a technology company concentrating on the underbanked market, announced a partnership with point-of-sale device maker ClearLine Mobile Inc. to support a consumer-facing checkout tablet that accepts prepaid card top-ups and other transactions.
- Venture-capital firm Melka Capital announced it has invested an undisclosed sum in Kicbac, a startup payments platform.
- Compliance with rules surrounding prevention of financial crimes is costing financial institutions globally more than $2 trillion per year, according to the True Cost of Financial Crime Compliance Report from LexisNexis Risk Solutions.
- Everi Payments Inc. announced it has won a patent dispute before the U.S. Patent and Trademark Office Patent Trial and Appeal Board. Sightline Payments LLC in September 2021 had alleged Everi’s “Cash Club Wallet” infringed on Sightline patents.
- Weave, a health-care platform, said patients can finance their care through an arrangement with buy now, pay later platform Affirm.
- Payments-technology provider Infinicept and processor Datacap Systems Inc. announced they will collaborate to support software companies developing embedded-payments capabilities.
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