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- CelllPoint Digital, a specialist in payments orchestration, will expand the payment methods available through SabreSonic and Radixx, services offered by Sabre Corp. a travel-technology company.
- U.S. payments platform Spreedly Inc. said it will work with Ebanx, a payment-service provider, to support alternative payment methods for international firms operating in Latin America.
- Payments provider ACI Worldwide Inc. agreed to support merchant acceptance of the Benefits Mastercard Prepaid Flex Card, issued by NationsBenefits, a health-care fintech.
- Adyen NV announced it will process payments for LegalZoom, an online source of legal services.
- The potential for an economic downturn caused by the Trump administration’s tariff strategy is expected to impact certain payment-company valuations especially hard, according to Morningstar. The firm lowered its fair-value estimate of PayPal to $94 per share from $104, of Block to $76 from $86, and of Global Payments to $146 from $161.
- The payments-technology provider i2c Inc. said it is expanding its links to the fintech Access Finance to launch what it calls the “next phase” of the Juzt Digital Credit Card program in the U.S. market. The latest move will include a card aimed at helping users bolster their credit histories.
- Dash Solutions Inc., a payments-technology provider specializing in real-time processing, said its revenue growth rate has increased 240% since an investment in 2021 from Edison Partners. Last year, the company added more than 1,000 clients, it said, as well as 29 employees, a 25% increase in its workforce.
- Digital-asset technology provider Ripple Labs Inc. announced it will acquire the broker Hidden Road Capital for $1.25 billion. With the deal, Ripple will become “the first cryptocurrency provider to own and operate a “global, multi-asset prime broker,” according to the announcement.
- Adjusted for inflation, U.S. credit card debt in February fell to $1.3 trillion, 3% higher year-over-year without adjusting for inflation, according to a report from Wallet Hub. After that adjustment, the increase was 0.24%.
- Payments-technology provider PaySett Corp. is expanding an existing relationship with JMMB Bank, a Caribbean investment firm, to include the Dominican Republic in a move aimed at building up digital payments in that country.
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