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- Fiserv Inc. said its Carat operating system has added a capability for large enterprises to more readily access and analyze payments data.
- Mastercard Inc. said it is launching Strive USA, a small business imitative, in the United States for the first time. The goal is to support 5 million SMBs over the next five years.
- Also, the Mastercard Economics Institute released its “Shifting Wallets” report that shows restaurant spending was up 25% this year compared to 2021.
- Digital-currency platform Circle Internet Financial launched a pilot for its Circle U, an effort to bring knowledge of digital currencies to underserved populations globally.
- Payments provider Transactions Services said it will offer interactive voice response technology from Key IVR to its clients.
- Online rent-payment provider Letus, owned by Rentmoola Inc., will use BlueSnap for its payment processing, BlueSnap said.
- Ride-share provider Uber Technologies Inc. and Visa Inc. announced they awarded $1 million in grants to small businesses in 10 U.S. cities that actively use Uber Eats, a food-delivery service.
- Afterpay, the buy now, pay later unit of Square, said Sephora Canada customers can now use the BNPL service for health and beauty purchases at the retailer.
- Commerce platform WEX announced the public launch of Flume, a digital wallet for small businesses. The product is managed by WEX Payments, a money transmitter.
- Working with Tencent Financial Technology and Shanghai Pudong Development Bank, The Western Union Co. said it will launch inbound real-time money transfers to China for users of Weixin, a digital wallet in that country.
- BTRS Holdings Inc., parent of the payments platform Billtrust, announced it has agreed to be acquired by EQT X fund in an all-cash transaction valued at approximately $1.7 billion. Billtrust went public in January 2021 as the result of a merger with a special purpose acquisition corporation (SPAC).
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