BayPay Members Blogs

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Marqeta raises $260M in Series E funds to expand payment card issuing platform

May 22, 2019 Marqeta Corp. has raised $260 million in a Series E funding round led by Coatue Management. According to a press release, this latest round values the company at $2 billion....
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CheckFree founder Kight leads $2.5M Series B investment in FI Navigator

May 22, 2019 CheckFree Corp. founder and former CEO Pete Kight has led a $2.5 million Series B investment in Fi Navigator Corp., a web-based data and analytics platform for the...
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Indian consumers' familiarity with e-payments propels higher retail sales

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Slowing mobile device cycle, consumer demand drive subscription revenue models
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May 22, 2019 Payments technology company Financial Software and Systems has published India Payment Trends 2018, a report that highlights consumer payment trends, as well as spending habits and patterns. Highlights from...
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Slowing mobile device cycle, consumer demand drive subscription revenue models

As the smartphone sales cycle continues to slow down and consumers increasingly demand control over where and when they watch and listen to their digital content, subscription payments have become an...
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Banks to invest $50M into blockchain tech

May 21, 2019 Multiple banks are planning to invest $50 million to create a digital cash settlement system with blockchain technology. Although it is unclear how many banks are participating in...
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Mastercard, Divido provide instant financing for Lastminute.com travel bookings


May 21, 2019 Mastercard has entered an agreement with Divido and Lastminute.com to provide instant financing that will allow consumers to set up installment payments for trips and vacations at the point...
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Mastercard, Samsung partner to develop secure digital identity beyond passwords

May 21, 2019 Mastercard has entered an agreement with mobile phone giant Samsung to explore ways to secure digital identity that do not rely heavily on passwords and personal information. "Our digital and...
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Postmates to launch television ad campaign featuring Martha Stewart

May 20, 2019 Postmates, the on-demand delivery firm, has announced that its first national television ad campaign will feature celebrity home improvement expert Martha Stewart, who will describe how the company can...
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Toast expands integrations with partner firms to enhance restaurant POS

May 20, 2019 Toast Inc. has announced that several companies will join its partner ecosystem, including Appfront, Como, Envysion, Homebase, PourMyBeer, Say2Eat and UT&I Solutions. This will bring to 70 the total...
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Modulr raises $17.8M in funding led by Frog Capital to expand payments platform


May 20, 2019 Modulr, a payments-as-a-service platform for digital businesses, said it raised $17.8 million in funding led by Frog Capital. Existing investor Blenheim Chalcot participated in the round and the...
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Press Coffee Roasters roll out mobile ordering with SpeedETab, Epson


May 20, 2019 Press Coffee Roasters, a Phoenix-based cafe chain, has implemented a mobile ordering system with SpeedETab Inc. and Epson America Inc. printers at its seven area locations, Epson officials...
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End of life for certain POS terminals and the looming risk to retailers

End of life for certain POS terminals and the looming risk to retailers
May 17, 2019 By Chris Kronenthal, president and CTO at FreedomPay Retailers are used to having to change or update their payment systems over time, but a major change is coming...
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JPMorgan buys healthcare payments specialist InstaMed

May 17, 2019 JPMorgan Chase & Co. entered an agreement to buy InstaMed, a technology firm specializing in healthcare payments. The bank is reportedly paying more than $500 million for the...
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Amazon leads $575 million Series G round in Deliveroo


May 17, 2019 Deliveroo, a U.K.-based delivery service with operations across Europe, announced a massive $575 million Series G funding round led by Amazon, along with existing investors T Rowe Price,...
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Minna raises $6.2M to expand subscription management for European banks


May 17, 2019 Minna Technologies, a Swedish fintech that helps retail banks manage subscriptions, said it raised $6.2 million (5.6 million euros) from a series of investors led by Stockholm-based Zenith...
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Cardfree, LRS enter partnership on mobile ordering for restaurants

May 17, 2019 LRS, a company that specializes in location services and guest engagement, said it entered an agreement with mobile commerce platform Cardfree, for a new service that allows restaurant...
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Recognize Customers During Self-Service Experience

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Recognize Customers During Self-Service Experience
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Sponsored by: Publication Type: White Paper Published / Updated: May 16, 2019 Has someone you met at a party ever asked for your name the next time he or she saw...
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Toast unveils restaurant payroll automation system


May 16, 2019 Toast Inc ., a restaurant management platform, has introduced Toast Payroll & Team Management, a solution that simplifies payroll and employee management for restaurants by automating payroll, streamlining...
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Cashless payment capability boosts both cash and card sales in vending

If you're worried about alienating cash customers by introducing cashless payment to an unattended merchandiser, think again. A recent study of 250,000 vending machines equipped with cashless readers found the technology...
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Mastercard, Zivelo to test AI-based voice ordering at Sonic drive thru locations


May 16, 2019 Mastercard has announced a partnership with Zivelo, a provider of self-service kiosk technology, to launch an AI-based system for mobile voice ordering from dynamic menus at quick service...
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