News

July, 2021

• 7 July

  An App Emerges for Fast Payments to a Fast-Growing Base of Freelance Workers

  

  As the gig economy grows, startups are emerging to meet an expanding market for payment. An especially ambitious example is Willa Inc., which on Wednesday announced an $18-million Series A funding round led by FinTech Collective and including sums from existing investors EQT Ventures and Entrée Capital. The Ventura, Calif.-based …
• 7 July

  Splitit Adds BNPL In-Store Option and other Digital Transactions News briefs from 7/7/21

  

  As consumers return to physical stores, Splitit USA Inc., a buy now, pay later provider, announced it is making its service available in-store and including availability with Apple Pay and Google Pay.Fly Now Pay Later, a United Kingdom-based fintech, announced a deal with Cross River Bank in New Jersey that will …
• 6 July

  BlocPal And OneFeather Team to Deliver Services Via Mobile Wallets to Canada’s Indigenous People

  

  As part of its goal to provide unbanked and underbanked consumers affordable digital access to financial services through a single application, BlocPal International Inc. has partnered with OneFeather, a Victoria, British Columbia-based provider of digital services to indigenous people in Canada, to introduce the OneFeather app in that country. The …
• 6 July

  Eye on Acquiring: EVO Links With KAL for ATMs in Europe, While Square Kicks off in France

  

  Atlanta-based EVO Payments Inc. is working with global ATM technology provider KAL to allow banks and independent ATM deployers to quickly set up ATMs anywhere in Europe. The new service combines Germany-based KAL’s ATM software with EVO’s payments network, the parties said Tuesday. “We have created a highly efficient method …
• 6 July

  Allied in NYDIG Deal and other Digital Transactions News briefs from 7/6/21

  

  Allied Payment Network Inc., a provider of online and mobile bill-payment services, said it will work with New York Digital Investment Group (NYDIG) institutions using Allied to offer customers the ability to buy, sell, and hold Bitcoin. Allied said it and NYDIG plan to add digital payments via Bitcoin.Reuters reported …
• 2 July

  Riskified Files for an IPO; Lightspeed Closes Its NuOrder Deal

  

  Fraud-management platform Riskified Ltd. has filed for an initial public offering of its Class A Ordinary Shares.  Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Credit Suisse Securities (USA) LLC are the lead underwriters. Barclays Capital Inc., KeyBanc Capital Markets Inc., Piper Sandler & Co., Truist Securities, Inc., …
• 2 July

  PayPal’s U.S. POS Thrust With Zettle May Have Been ‘Inevitable,’ But It Faces Tough Rivalry

  

  PayPal Holdings Inc.’s decision to bring its Zettle point-of-sale technology to the U.S. market may not surprise observers, but the move presents some formidable challenges, chiefly in the form of the existing competition, some observers say. At the same time, they add, Zettle brings a potent brand that fills a …
• 2 July

  R1 RCM Finalizes VisitPay Acquisitions and other Digital Transactions News briefs from 7/2/21

  

  Health-care technology provider R1 RCM Inc. has closed on its acquisition of VisitPay LLC, a platform specializing in medical payments. R1 announced in early May it would acquire VisitPay for approximately $300 million in cash.Personal-finance app provider Charlie Finance Co. announced new services, including DirectPay, which lets users link credit cards to the app …
• 1 July

  Contactless Parking Expands As ParkMobile Grows Its Presence in North Carolina

  

  ParkMobile LLC Thursday expanded its partnership with parking-lot operator The Car Park to Raleigh, Asheville, and Boone, North Carolina. Previously, The Car Park worked with another payment provider in those cities. The deal also builds on an existing relationship The Car Park has with ParkMobile in Tampa, Boise, Estes Park, …

June, 2021

• 30 June

  COMMENTARY: The Case for Integrated Payments Providers

  

  If there’s a software need for your business—accounting, payroll management, lease portfolio management, and the like— then it’s likely your business is working with several different vendors at any given point during the working day. All the vendors you are working with won’t always be obvious, particularly if you’re working …