payments

Payments, B2B, Digital, ACH, Bank Transactions, and In-App purchases.

Stripe to Let Employees Cash Out Shares for Third Time
Stripe to Let Employees Cash Out Shares for Third Time
June 17, 2024  |  Business

Stripe expects to let employees cash out some of their shares, as it has done twice before. John Collison, a co-founder of Stripe, said the...

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Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
Mastercard and Thought Machine Partner to Deliver Core Banking Capabilities
June 17, 2024  |  Partnerships

Mastercard and Thought Machine have expanded their partnership to deliver payments and core banking capabilities to financial institutions worldwide. This collaboration brings together Mastercard’s global...

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Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
Shift4 Acquires Majority Stake in Vectron, Completes Purchase of Revel
June 14, 2024  |  Acquisitions

Shift4 has acquired a majority stake in Vectron Systems, a supplier of point-of-sale (POS) systems to the restaurant and hospitality verticals in Europe. This acquisition...

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Wise Plans to Hike Its  Payment Infrastructure Investment
Wise Plans to Hike Its Payment Infrastructure Investment
June 13, 2024  |  Cross-border Payments

Wise is upping its investment in payment infrastructure as its customer base grows. The U.K.-based money transfer firm on Thursday (June 13) released year-end results...

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78% of CFOs Say AI Is ‘Extremely Important’ to Payments Processes
78% of CFOs Say AI Is ‘Extremely Important’ to Payments Processes
June 13, 2024  |  artificial intelligence

Most CFOs working on behalf of organizations earning at least $1 billion annually use multiple systems to manage their source-to-pay cycles, and nearly 60% of...

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Checkout Names Revenue Operations Head as New COO
Checkout Names Revenue Operations Head as New COO
June 12, 2024  |  Personnel

British payments company Checkout.com has a new chief operating officer. Jenny Hadlow, who had been heading the company’s revenue operations team, will be promoted to...

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Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
Denim Gets $63M to Turn Freight Brokers Into ‘Smart’ Brokers Using Payments
June 10, 2024  |  Payments Innovation

For Bharath Krishnamoorthy, co-founder and CEO of Denim, transforming the freight industry — and specifically how brokers get paid — was not on the roadmap....

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37% of Freelancers Use Instant Payments to Ease Financial Stress
37% of Freelancers Use Instant Payments to Ease Financial Stress
June 07, 2024  |  Faster Payments

Life as a freelancer is not for the faint of heart. Freelancing often requires constant hustling, as these workers generally look for new projects even...

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Apple Pay Overtakes PayPal as Favored In-Store Mobile Wallet
Apple Pay Overtakes PayPal as Favored In-Store Mobile Wallet
June 05, 2024  |  Mobile Wallets

Retail shoppers making purchases using digital wallets have shifted from favoring PayPal to Apple Pay, PYMNTS Intelligence reveals, and the latter only continues to gain...

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