Friday , October 18, 2024

Boku To Sell its Identity Unit and other Digital Transactions News briefs from 1/19/22

  • Mobile-payments provider Boku Inc. is selling its Boku Identity Inc. unit to cloud-communication platform Twilio Inc. for $26.1 million upfront and another $6.2 million payable later to cover indemnities.
  • Payments provider Lightspeed Commerce said its NuOrder technology will support orders and payments for women’s fashion platform Intermix, which operates 31 boutiques and an e-commerce site.
  • Text Request, a provider of software for business texting, said it is working with conversational-commerce platform Authvia to introduce Payments, a service enabling organizations to request and receive payments via text messages.
  • Software-as-a-service platform Ally Inc. announced it will work with Block Inc. (formerly Square) to offer payments and business software to restaurants, retailers, and e-commerce firms.
  • Payments provider VizyPay announced it will start providing its merchants with PAX Technology terminals incorporating the VizyPOS application.
  • Payfare Inc., a platform for payments to gig workers, said it ended last year with more than half a million active users, up more than 40% from the third quarter of the year. December’s total alone was up 21% over that of November, the company said.
  • Nacha, the automated clearing house rules maker, said Advanced Fraud Solutions is a preferred partner for account validation.
  • Parking-app provider Passport appointed Jim Stanley vice president for payment sales. Stanley comes to the company from Conduent.

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