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Exchange Bank Picks Pidgin for Real-Time Payments And Other Digital Transactions News briefs from 10/2/23

  • Payments-technology platform Pidgin said it has agreed to provide real-time payments capability to retail and commercial account holders at Exchange Bank.
  • AffiniPay LLC, a payments platform for professional-services firms, has sold its accounting-software unit, Soluno, to ActionStep, a provider of practice-management technology. Terms were not disclosed.
  • The U.S.-based blockchain firm Coinbase Inc. announced it has received a Major Payment Institution license from the Monetary Authority of Singapore, allowing the company to expand its services in that nation.
  • Payments platform Stripe Inc. has attracted controversy after cutting off services to a United Kingdom-based merchant that sells legal air-rifle accessories.
  • RevoluGroup Canada Inc., the firm behind the RevoluPay mobile-payments app, appointed Simon Tsu chief financial officer, taking on the duties of outgoing CFO Jason Tong and corporate secretary Derek Sobel, both of whom resigned Sept. 30.

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