BayPay Members Blogs

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FitBit to test wearables with NYC bus, subway tap-and-pay pilot


May 29, 2019 FitBit Pay will be part of a Metropolitan Transportation Authority contactless payment pilot test that will allow riders to use mobile devices to pay their fare on selected New York City subway...
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Swedbank invests $5M in Kaching Retail, enters mobile payments partnership

May 29, 2019 Swedbank has invested $5 million (48.5 million kronor) into Kaching Retail, a Swedish provider of mobile point-of-service technology for retailers, and has entered a partnership with the company to...
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Purpose Financial buys Toronto-based POS financing firm Credit Genie

May 29, 2019 Purpose Financial, a Toronto-based financial services firm, has acquired CreditGenie Inc., a firm that specializes in point-of-sale financing in the retail, healthcare and education sectors. Credit Genie, founded...
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Tapping into IoT Data Opportunity

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Tapping into IoT Data Opportunity
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Sponsored by: Publication Type: Research Published / Updated: May 28, 2019 Firms Seek To Transform Digital Experience Through Data And Technology Over the next year, organizations will be focused on: 1)...
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Identiq raises $5M in funding for identify verification startup

May 28, 2019 Identiq, an Israeli startup specializing in anonymous verfification of digital identity, said it raised $5 million in seed funding led by Entree Capital. The funding round was assisted...
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Global Payments to acquire TSYS in $21.5B merger

Global Payments Inc. and Total System Services Inc. have announced an agreement to merge in a deal valued at $21.5 billion. The combined entity will provide payments technology and software to...
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GAN plans to enter Tennessee after online sports gaming legalized

May 28, 2019 GAN plc a U.K.-based provider of internet sports gaming technology, plans to expand its business into Tennessee, the latest U.S. state to officially approve online sports betting, according to a...
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Smart Payment Association shows chip card, contactless gains in 2018

May 28, 2019 Approximately 2.6 billion smart payment cards were shipped globally in 2018, according to data from the Smart Payment Association. The data shows that 68% of U.S. storefronts now accept chip...
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Delivery.com integrates food ordering platform with Google Search, Maps, Assistant

May 24, 2019 Delivery.com recently integrated its mobile ordering platform with Google’s food ordering technology to allow users of the search engine to place orders within Google Maps, Google Search or using...
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Square to manage concessions payments, POS at Indy 500


May 24, 2019 Square is now the Indianapolis Motor Speedway's payment and point-of-sale provider  where it will process concessions purchase for more than 300,000 fans of the Indianapolis 500, according to a company...
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Starbucks begins mobile ordering rollout in Beijing and Shanghai

May 24, 2019 Starbucks said it has begun rolling out its Starbucks Now mobile ordering platform to 300 select stores in Beijing and Shanghai and will expand the service throughout China...
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Zero Financial raises $20M to scale mobile banking


May 24, 2019 Zero Financial Inc. said it raised $20 million in Series A financing led by New Enterprise Associates, which will be used to help scale the business to enroll...
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Facebook aims to unleash GlobalCoin cryptocurrency

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Slowing mobile device cycle, consumer demand drive subscription revenue models
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May 24, 2019 Facebook is planning to release its own cryptocurrency in 2020 called GlobalCoin. The social media giant has been interested in a potential cryptocurrency since December 2018 under the...
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AT&T to accept cryptocurrency payments through BitPay for mobile service

May 23, 2019 AT&T Inc. now accepts virtual currency for online bill payments through BitPay, making it the first major mobile carrier to offer a cryptocurrency payment option. "We're always looking for ways to...
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How to choose the right payment processor for your business

How to choose the right payment processor for your business
May 23, 2019 By Saleem Khatri, CEO of Lavu When shopping around for a payment processor, take a look at your business and your customers. What payment system would benefit them...
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Mastercard, Interac to test cross-border funds transfer with National Bank in Canada


May 23, 2019 Mastercard and Interac have announced a plan to test cross-border payments through the Interac e-transfer platform, which will allow Canadian customers to transfer funds directly to Europe. Initially,...
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Raisin says US entry for digital savings platform driven by higher interest rates


May 23, 2019 This week, Raisin, the Berlin-based savings and investment platform, announced plans to enter the $12.7 trillion U.S. deposits market, and named industry veteran Paul Knodel CEO of the U.S. business....
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Future raises $8.5M to expand app-based personal training platform

May 23, 2019 Future, a fitness startup based in San Francisco, has raised $8.5 million in Series A funding led by Kleiner Perkins to expand its app-based personal training program, according...
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Sale rumors boost NCR share price

May 22, 2019 NCR Corp. shares have added several percentage points in value since Monday, when Deal Reporter, citing unidentified insiders, said that private equity firm Warburg Pincus was in talks...
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Nuvei agrees to buy UK payments firm SafeCharge for $889M

May 22, 2019 Nuvei Corp. has agreed to buy U.K.-based payments firm SafeCharge International Group Ltd. in a cash deal valued at $889 million (669 million British pounds), according to a regulatory filing....
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