Payments News

On The Web

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Companies

Here’s Why Brex Just Paid $90M for 10-person Software Startup Pry Financials

“In line with its April 13 announcement that it’s making a “big push” into software , Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively. Founded in 2019, San Francisco-based financial planning software startup Pry raised $4.2 million in venture funding last year in a seed round of funding. […]
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Companies

Robinhood Buys U.K. Crypto Firm With Eye on Global Expansion

“Robinhood Markets Inc. agreed to acquire Ziglu Ltd. , a London-based crypto and payments company, ending the U.S. brokerage’s long pause on international expansion. The transaction will give Robinhood a platform that allows customers to buy and sell 11 cryptocurrencies as well as move and spend money abroad, the Menlo Park, California-based company said Tuesday […]
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Companies

Uber Ties Up With Rakuten for Food-Delivery Payments in Japan

“Uber Technologies Inc. will integrate Rakuten Group Inc. ’s payment services into its Uber Eats and later Uber mobility app in Japan, one of its key international markets. Rakuten, Japan’s homemade answer to Amazon.com Inc. , operates a broad range of e-commerce and fintech services and has a widely used Rakuten Points loyalty program. The […]

On The Wires

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Companies

CPACharge and IRS Solutions Software™ Release New Integration to Implement Contactless Payment Options for Tax Resolution Professionals

“CPACharge , the online payment solution developed specifically for accounting firms, announced a new partnership with IRS Solutions providing users with digital payment acceptance and advanced security data protection meeting PCI Compliance requirements. IRS Solutions Software™ is the leader in tax resolution software for professionals working tax resolution cases with the IRS.The integration provides a […]
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Companies

Nationwide Building Society Improves Member Experiences With Pega Smart Dispute

“Pegasystems Inc. (NASDAQ: PEGA ), the software company that crushes business complexity, today announced Nationwide Building Society deployed Pega Smart Dispute for Issuers to transform its Visa card disputes process. This enabled Nationwide to improve agent performance and customer satisfaction by streamlining the systems required to handle a dispute from 15 down to two and […]
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Companies

MYPINPAD and SmartPesa Merge to Become the Global Leader in Mobile Payments Acceptance

“MYPINPAD, a global leader in mobile-based payments acceptance and digital authentication solutions, and SmartPesa, a leading provider of payments and agency banking solutions, have agreed to merge. The combined entity will operate under the MYPINPAD brand.Customers will benefit from greater scale, a wider product offering and the certainty of continued support as the industry moves […]
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Companies

Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

“Thunes , a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and […]
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Companies

Versapay Acquires Leading Cash Application Fintech Company DadeSystems

“Versapay, the leader in Collaborative Accounts Receivable, announced today it has completed its acquisition of U.S.-based fintech company DadeSystems. The acquisition broadens Versapay’s suite of accounts receivable (AR) automation solutions and expands its AI and machine learning capabilities. It also expands the company’s enterprise and mid-market footprint while adding key talent to the growing Versapay […]
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Companies

2C2P and Ant Group Enter Strategic Partnership to Further Digital Payment Adoption and Innovation in Southeast Asia Amid Regional Economic Recovery

“2C2P, a global payments platform and Ant Group today announced a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.Through the strategic partnership, 2C2P’s extensive pool of merchants inclusive of global and regional brands will be connected with Alipay+, extending its […]
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Companies

Stripe Launches Konbini and Furikomi, Deepening Investment in Japan

“Stripe, a financial infrastructure platform for businesses, today announced that it supports two important forms of payments in Japan: Furikomi, a highly popular bank transfer method, and Konbini, the ubiquitous convenience store payment option. Now through a single integration, businesses of all sizes can use Stripe’s platform to accept Furikomi and Konbini payments, in addition […]