The Colombia-based payments processor Redeban has adopted payments-technology provider Nuvei Corp.’s Nuvei for Payments embedded-payments platform. Nuvei earlier this month agreed to acquire payments provider Paya Holdings Inc. in a deal valued at $1.3 billion. Wafi Inc. launched Wafi.cash, a payment processing platform for e-commerce transactions that purports to eliminate redundant entities in the payment …

Payments provider Sionic said it has agreed to provide its Pay-by-Bank faster-payments service to payments platform iVertical Payments Network to allow consumers to load gift cards directly from their bank accounts. A buy now, pay later startup called Tranch said it has raised $100 million in seed equity and debt funding. The round was …

Payments fintech Marqeta Inc. said it has entered a strategic alliance with consulting firm Deloitte to help banks, fintechs, and payments providers quicken the pace of payments modernization. Grazzy, an app provider for same-day earnings and other employee payments, announced a $4.25-million seed funding round from Next Coast Ventures and Tuesday Capital. …

Priority Technology Holdings Inc. said it will offer merchants gift card products from Factor4 and GiftYa. Doma Holdings Inc., a technology platform for the real-estate industry, said it linked to payments provider paymints.io to allow home buyers to deposit earnest money digitally. The Electronic Transactions Association announced its 2023 board of directors. Eric Hoffman, …

Desjardins Group, said to be the biggest financial cooperative in North America, said it will transfer its credit card processing function to Fiserv Inc. The deal is said to be the first such “large-scale” engagement in Canada for Fiserv. Business-to-business buy now, pay later platform Playter launched Paid, a service that lets Playter clients …

Oracle Corp. said restaurant chain Big Boy Restaurant Group LLC will adopt its Micros Simphony Cloud Point of Sale and Oracle Payment Cloud Service. Payments provider Paysafe Ltd. said it has expanded its processing services to sports betting in Ohio. The move follows on the heels of Paysafe’s entry in the Maryland sports-betting …

Point-of-sale system maker Lightspeed Commerce Inc. said it will reorganize as it contends with a shifting economy. Among its actions are the elimination of 300 jobs, accounting for approximately 10% of its overall employees. The Consumer Financial Protection Bureau is considering regulations governing the fees providers charge for cross-border money wires, according to The Wall …

Retail-technology provider Toshiba has agreed to incorporate biometric identification technology from PopID into its point-of-sale and self-service devices running on Toshiba’s Elera Commerce Platform. PopID’s technology relies on facial-recognition software. Ingenico launched its Axium Retail Core capabilities for its Axium point-of-sale terminals that can ease integration efforts. Payments provider FreedomPay said it has integrated its services with the …

PayPal Holdings Inc. launched a cross-border money-transfer product called Debit Card Deposit for its Xoom international money-transfer service. Sixty-seven percent of consumers intend to spend the same or more in 2023 as they did in 2022, found a survey of 2,032 U.S. adults. Conducted by The Harris Poll and commissioned by DailyPay and …

Oracle Corp. launched its Retail Payment Cloud Service to support contactless payments for U.S. retailers at fixed-fee rate pricing. Mercatus Technologies Inc. debuted an updated version of its mobile grocery shopping app that includes seamless cart building and checkout, personalization, rewards and loyalty, and third-party delivery service integrations. MobileCoin Inc. launched Moby, a …