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- Processor Elavon, a unit of U.S. Bank, said it will provide a payments platform to BMO. In addition to payment services for credit, debit, and digital payment transactions, Elavon’s services to the bank include customized merchant processing services, omnichannel acceptance, fraud management, and dynamic and multi-currency conversion.
- Processor Stripe Inc. added support for Apple Pay Later, Apple Inc.’s buy now, pay later service.
- Checkout fintech Skipify said Synchrony Financial will use its technology to expedite online checkout for the more than 70 million Synchrony U.S. customer accounts. Synchrony Mastercard branded cards, which includes the Synchrony Premier World, Plus World, and Preferred cards, will be added to Skipify’s Connected Wallet product. Synchrony is an investor in Skipify.
- Payments provider Nuvei Corp. said it will process online and in-store transactions for The Master Group, said to be Canada’s largest distributor in the heating-and-air-conditioning industry.
- Financial Information Technologies LLC, a payments provider specializing in stores and other locations that sell alcohol, said it can now serve more than 240,000 retail establishments with its acquisition of iControl Systems USA LLC. Terms of the deal, which closed in December, were not announced.
- Nexi S.p.A., a Europe-based payments provider selected Mastercard Inc. as its partner to support open banking account-based payments.
- Brightwell Payments Inc. added Percapita, a digital-first neobank, as a customer. Among its first services will be embedding peer-to-peer remittance options.
- Bigg Digital Assets said its Netcoins USA Inc. trading unit will work with Zero Hash, a provider of technology for cryptocurrency, to offer crypto trading in 48 U.S. states.
- Fintech LinkPay announced improvements to its virtual card program for use with cryptocurrencies, specifically easing the ability to top up accounts with cryptocurrency, issue and replenish virtual cards, and use them immediately to make purchases.
- Prepaid cards platform Paysign Inc. appointed Sandy Ortins vice president of electronic funds transfer. Ortins joins the company from the New England Automated Clearing House Association.
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