Electronic Bill Payment

BNY Mellon announced early Monday it has launched a payments platform called Vaia, which allows clients to offer real-time payments, same-day automated clearing house transfers, tokenized payments, debit cards, and payments through the Zelle peer-to-peer payments network. The nation’s 10th-largest bank by assets said the panoply of payments capabilities can …

Despite economic headwinds from supply-chain bottlenecks and geopolitical instability, the payments industry continues to show resilient revenue growth, says a new report from the Boston Consulting Group. Global payments revenues are projected to grow about 9.5% in 2022, according to the report. Beyond this year, revenues are projected to grow …

Payments-technology provide Bottomline announced it has acquired Nexus Systems, a vendor of payments-automation software the real-estate and property-management sector. Terms were not disclosed.Payments provider Stax launched Stax Bill, a service that provides automated billing software. It had been known as Fusebill, a company that Stax acquired in 2021.Loyalty network Engage People said it partnered with FreedomPay to …

Technology startup BankiFi, which seeks to enable payments and banking functions for small businesses, announced it has received a $4.8 million investment to fund its expansion into North America. Praetura Ventures led the funding round.Focused Labs, a developer of custom payments software, said it has joined the Stripe Partner Ecosystem. Stripe Inc.’s …

Cross-border payments specialist PingPong Payments has partnered with the card network JCB International to enable JCB merchants in Hong Kong to receive online payments from JCB cardholders worldwide. The deal, which means PingPong now has direct relationships with all six major international credit card networks, strengthens the company’s position in …

Citing a gap in the market for real-time loan repayments to financial institutions, bill-payment provider Payveris has launched Loan Payments, a service that can handle payments on debit cards and via the automated clearing house, as well as in cash. The new service comes in response to what the Cromwell, …

Data from Signifyd’s Ecommerce Pulse report found that retailers experienced a 142% increase in omnichannel sales in May from May 2021.Grubhub, the food ordering and delivery app, said it has added PayPal Holdings Inc.’s Hyperwallet and Visa Direct, Visa Inc.’s real-time payment service, to allow drivers to receive immediate payouts.Software provider Marketing 360 launched …

Payments provider Sionic announced a service that allows consumers to pay merchants at the point of sale via real-time transfers from the consumer’s bank account to the merchant’s bank account. The service includes incentives merchants can use to induce consumers to use the service in preference to rewards credit cards.XTM Inc. announced it …

Online spending in May totaled $78.8 billion, more than $1 billion above April, said Adobe Inc. in its Adobe Digital Price Index.E-commerce platform WooCommerce said it has enhanced its card reader to add the ability for merchants to enter an order in the WooCommerce mobile app and automatically synchronize inventory between in-person and …

Apartment-rental platform Livly said tenants can make rent payments in cryptocurrency through the Livly Resident Mobile App. Landlords will be paid in U.S. dollars.Banking-technology provider Jack Henry & Associates said consumers and businesses will be able to access cryptocurrency trading through the company’s Banno Digital Platform. Jack Henry is partnering with NYDIG, a crypto …