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    Toast gets growth spurt in restaurant payments

    The restaurant software management company placed its digital tools at another 6,000 locations in the second quarter, for the biggest quarterly jump in that figure. 

    By Aug. 11, 2022
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    FangXiaNuo via Getty Images

    Flywire posts net loss despite customer wins

    The payments software company posted a second-quarter loss despite client wins being higher than usual and revenue jumping more than 50 percent.

    By Aug. 11, 2022
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    B4LLS via Getty Images

    BNPL faces headwinds from rising rates, inflation: Fitch

    Higher interest rates may make it more expensive for buy now-pay later providers to offer financing while inflation may put off lower-income consumers.

    By Debbie Carlson • Aug. 10, 2022
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    fizkes via Getty Images

    Jack Henry & Associates buys Payrailz

    Jack Henry management expects the Payrailz purchase to help its bank, credit union and other financial institution clients modernize their payments services.

    By Aug. 10, 2022
  • Paystamd ,buys Mexico's Yaydoo
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    Courtesy of Erica Zeidenberg

    Paystand buys Yaydoo in Latin American push

    Paystand’s purchase of the Mexico-based company was its first acquisition, and the company said it’s prepared to do more deals.

    By Aug. 9, 2022
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    Courtesy of Amazon

    FIS reduces 2022 outlook

    The major payments processing company said higher interest rates, increased wages and foreign exchange rates were putting pressure on the business.

    By Aug. 4, 2022
  • Fiserv CEO Frank Bisignano
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    Ilya S. Savenok / Stringer via Getty Images

    Fiserv whittles workforce

    The payments processor cut employees in the first half of the year and shouldered higher severance expenses, following a string of acquisitions in recent years.

    By Aug. 4, 2022
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    Fizkes via Getty Images

    B2B drives Q2 payments growth: Nacha

    Healthcare and peer-to-peer payments also rose during the quarter over last year, the clearing house that runs the national automated system said.

    By Tatiana Walk-Morris • Aug. 3, 2022
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    Drew Angerer via Getty Images

    PayPal takes new direction with Elliott

    The payments pioneer is fine-tuning its strategy with Elliott Investment Management, which now has a $2 billion investment in the company.

    By Aug. 3, 2022
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    grandriver via Getty Images

    Wex profits soar on rising fuel prices

    Wex is benefiting from a jump in fuel prices, given its management of fleet credit cards, but its customers face more economic hurdles. 

    By Aug. 2, 2022
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    Amex rolls out B2B digital payment tool

    American Express cited data showing nearly two-thirds of small and mid-sized business owners expect increases in their cross-border spending.

    By Aug. 2, 2022
  • Global Payments CEO Jeff Sloan
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021

    Global Payments buys Evo at a premium

    Global Payments said it will pay $4 billion to buy Evo Payments as it sheds its Netspend consumer unit for $1 billion and takes a $1.5 billion investment from Silver Lake Partners.

    By Aug. 1, 2022
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    Mark Wilson via Getty Images

    Balance raises $56M for B2B payments

    The B2B payments services provider has quickly attracted investors, including Forerunner and Salesforce Ventures, since its founding in 2020.

    By Tatiana Walk-Morris • July 26, 2022
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    Amazon opens a new wallet for sellers

    The e-commerce juggernaut said it’s offering a new digital wallet service to its sellers and planning to roll it out more broadly over the “next few months.” 

    By July 26, 2022
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    Resolve CEO touts benefits of BNPL in B2B

    As Resolve’s customers manage cash closely and navigate supply chain snags, CEO Chris Tsai expects the company’s BNPL model for B2B will stand out in a challenging economic environment.

    By July 21, 2022
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    Rostislav_Sedlacek via Getty Images

    Payments funding, deal-making declines in Q2

    Payments startups are getting caught in the venture funding downdraft. Investment dollars and deal-making dropped in the second quarter, according to a CB Insights report.

    By July 21, 2022
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    pastorscott via Getty Images

    Flywire expands presence in education payments

    Following its second acquisition as a public company, Boston-based Flywire will continue to look for purchase opportunities that expand the payments company’s reach globally, said CEO Mike Massaro.

    By July 19, 2022
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    Stake, Aliaswire target rental payment flows

    The companies see millions of dollars of opportunity in offering new ways for management of rental payment flows.

    By July 18, 2022
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    Modern Treasury expands on demand, readies for FedNow

    The company has more than doubled its headcount over the past year to meet demand for its payments software from clients like Marqeta and Gusto. Now, it plans more expansion for real-time services. 

    By July 18, 2022
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    Sponsored by Cybersource

    5 essential features to look for in an omnichannel commerce partner

    An experienced commerce partner can help provide the technology needed to help merchants keep up.

    July 18, 2022
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    1933bkk via Getty Images

    Relay Payments takes on incumbents in trucking

    The fintech is taking on FleetCor and Wex as it seeks to take a bigger bite of a $500 billion U.S. trucking logistics market.

    By July 13, 2022
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    ijeab via Getty Images

    Mesh Payments pursues $50M in debt financing to support growth

    The corporate spend management startup, which has raised $63 million in capital, is trying to balance “growing too fast and making sure we are not under-servicing our clients,” said CEO Oded Zehavi.

    By July 12, 2022
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    Ethan Miller via Getty Images

    Prepaid Tech buys WorkStride to boost customer engagement

    The Birmingham, Alabama-based fintech says there is room to grow in the $8 trillion market for business-to-business payment software services.

    By Suman Bhattacharyya • July 12, 2022
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    bernie_photo via Getty Images

    Plastiq sees inflation boosting B2B card payment use

    As companies grapple with inflation and supply chain snarls, the business payments firm says it’s targeting those that need credit cards for workflow capital.

    By July 5, 2022
  • Stax CEO and Cofounder Suneera Madhani
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    Retrieved from Outside spokesperson Daniel Gerardi on March 29, 2022

    From a payments CEO: 5 discriminatory behaviors that need to go

    “Until the industry addresses this blatant lack of advocacy for women in leadership, it will continue to foster a culture where women can’t thrive,” says Stax CEO Suneera Madhani.

    By Suneera Madhani • June 30, 2022