Consumer payments platform Zilch has launched an open banking partnership with Plaid. The collaboration, announced Tuesday (Oct. 21) is designed to integrate open banking into Zilch’s repayment system as the company looks to offer more flexible ways to pay. “Integrating with Plaid is an important...
Specific-purpose payments solutions provider Edenred partnered with Visa. “This collaboration strengthens Edenred’s platform through the certification of its in-house issuing and processing infrastructure with Visa Europe,” according to a Tuesday (Oct. 21) news release. It allows Edenred to issue Visa credentials across its activities like...
Loyalty technology provider Gennius XYZ selected payments processor Thredd as its global issuer-processor partner. This partnership will facilitate Gennius XYZ’s expansion into new markets and will power instant issuance, virtual cards and multi-currency loyalty innovation, the companies said in a Monday (Oct. 20) press release....
NCR Voyix has launched a fleet card transaction partnership with commerce platform WEX. The collaboration is designed to enable WEX payment for commercial fuel transactions at NCR Voyix’s point-of-sale (POS) systems in the U.S., per a Monday (Oct. 20) news release. Under this partnership, NCR Voyix’s payment gateway...
Global Payments’ planned acquisition of Worldpay was OK’d Monday (Oct. 20) by the United Kingdom’s Competition and Markets Authority. “The CMA has cleared the anticipated acquisition by Global Payments Inc. of Worldpay Holdco LLC,” the regulator said in a Monday update. “The full text of...
Worldpay will power payment processing for the in-store, online and mobile transactions of Kroger, the food retailer that serves 11 million customers a day under a variety of banner names. The payments technology company signed an exclusive agreement to provide Kroger with these comprehensive payment...
CVS Pharmacy said it is now serving more than 9 million former Rite Aid and Bartell Drugs patients after completing its acquisition of select assets of the now-closed Rite Aid. Following Rite Aid’s filing for bankruptcy in May, CVS Pharmacy acquired 63 former Rite Aid...
Fifth Third Bancorp’s third quarter results showed growth in demand deposit accounts, embedded payments and limited exposure to NDFIs. During the conference call with analysts, CEO Tim Spence took note of the recently-announced Comerica deal and said that “the revenue and expense synergies from Comerica...
First Internet Bank has integrated Parlay Finance’s artificial intelligence-native Loan Intelligence System to enhance its Small Business Administration lending. The bank expects to see as much as a 50% increase in efficiencies throughout the lending process as the LIS enables its SBA lending operations team...