Sila’s Instant Settlement Service and other Digital Transactions News briefs from 4/18/22

Sila Inc., a software platform for fintechs, launched Instant Settlement, a service that offers immediate access to automated clearing house debits executed on its platform.
Canada-based business-to-business payments platform Versapay announced it has closed on its acquisition of U.S.-based DadeSystems, an accounts-receivable software specialist. Terms were not disclosed.
Synchrony Financial reported first-quarter net earnings of $932 million, down 9.1% from $1.025 billion in the same quarter a year ago. The private-label card issuer also said Guitar Center renewed its credit program, which started in 2015.
The most common phishing emails of the 2022 first quarter, according to research from Aware Force, a cybersecurity employee engagement firm, are requests for contributions to victims in Ukraine.
Stripe Inc. has appointed James Phillips president of financial services. Phillips comes to the company from Microsoft Corp., where most recently he was president of the digital transformation platform group.

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