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- Payments technology provider Priority Technology Holdings Inc. reported first-quarter revenue of $113.3 million, up almost 22% from $93.1 million. The latter figure omits $3.5 million in revenue from the company’s RentPayments business, which it sold in September.
- The Federal Reserve Bank of Atlanta formed the Special Committee on Payments Inclusion that will focus on advancing access to payments for everyone. The committee will be active for two years, but could be extended if warranted, the Fed said.
- Century Business Solutions introduced EBizCharge for MyChart that enables consumers to pay bills by credit cards directly in the MyChart health care app from Epic.
- In a survey of 1,000 consumers only 13% used social media to complete an online purchase, said Semafone, a call-center payments specialist. Also, 56% said they would not want to provide payment details over social media platforms. Forty percent said they are wary of sharing payment details over the phone because of call agents working from home.
- Fleetcor Technologies has renewed a card-acceptance agreement with Pilot Flying J, a network of fueling stations for truckers.
- KeyBank, a unit of KeyCorp, invested in XUP Payments. Terms were not disclosed.
- Sunyard Technology Co. Ltd. launched an upgraded version of its i80 model, a mobile payment terminal operating on Android 7.0.
- Payments provider Mogo Inc. said it will increase its ownership interest in digital-asset trading platform Coinsquare Inc. from 19.9% to approximately 37% through the purchase of an additional 5.4 million common shares at a cost expected to fall between $46.9 million and $48.6 million.
- Blockchain-technology provider Circle Internet Financial Inc. named former McKinsey executive Jeremy Fox-Green chief financial officer.
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