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- The payments orchestration platform Spreedly announced integrations to Venmo, PayPal Credit, PayPal Pay Later, and automated clearing house payments for clients of PayPal and Spreedly who process through PayPal’s Braintree unit.
- In related news, payments provider CellPoint Digital said airline Icelandair will use its Velocity payment orchestration platform to access payment providers in countries its active in and to diversify local currency risk.
- A recession could hamper consumer efforts to pay their bills, found new survey results from fintech PayNearMe. Fifty-four percent of consumers worry they wouldn’t be able to pay their bills during a recession and 16% already have delayed or will delay paying important household bill, in the survey of 1,206 U.S. consumers.
- Tradable Bits Media Inc., a marketing-analytics technology firm, said it is working with Block Inc.’s Square platform to offer sales-analytics integrations to venues and festivals.
- Cheq, a mobile-payments provider specializing in the hospitality market, is entering the real-estate industry with a program to support social gifting for OneWorld Properties, real-estate brokerage firm.
- Payments provider Zuza launched Prolific eGift, a service that enables merchants to create and sell digital gift cards that consumers can purchase and redeem online or in-store.
- Some 70% of consumers prefer to receive payments digitally and 73% prefer to shop and pay with digital methods, according to a January survey of 1,230 U.S. consumers by disbursements fintech Onbe.
- Papaya Global launched Papaya Global Payroll Payments, a platform offering global payroll and mass payments to employees, government authorities, benefits vendors, and other beneficiaries.
- Grow Credit Inc., a financial inclusion startup, named Jeffrey Anderson senior vice president of compliance. Anderson most recently was vice president and legal risk officer at Discover Financial Services.
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