{"id":4855,"date":"2020-04-22T17:42:29","date_gmt":"2020-04-22T17:42:29","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4855"},"modified":"2023-02-13T09:29:21","modified_gmt":"2023-02-13T16:29:21","slug":"square-co-founder-on-innovation-stacks-spotify-launches-fundraising-feature-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/square-co-founder-on-innovation-stacks-spotify-launches-fundraising-feature-news-roundup\/","title":{"rendered":"Square Co-Founder on \u201cInnovation Stacks\u201d; Spotify Launches Fundraising Feature: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s News Roundup is a curated mix of the\npast week\u2019s news and articles from around the web, including company\nannouncements, global payments news, and other coverage and analysis of topics\nrelevant to payment facilitators.<\/strong><\/p>\n\n\n\n

PF Quarterly Earnings<\/strong><\/h4>\n\n\n\n

Phreesia announces strong ending to fiscal year ending\nJanuary 31. <\/strong>The company reported fiscal 4Q revenue of $32.8 million, up 24%\nfrom the same time last year. And it ended fiscal 2020 reporting $124.8 million\nin revenue, an increase of 25% from the previous year. It also reported growth\nin its average revenue per provider client for fiscal 2020, up 21% from the\nprevious year. From Phreesia<\/a>.<\/em>\n<\/p>\n\n\n\n

Executive Outlook<\/strong><\/h4>\n\n\n\n

PayPal CEO: \u201cWe\u2019re not going to go backwards to what\nwas.\u201d<\/strong> In this interview with Fortune, PayPal CEO Dan Schulman talks about\nhow the coronavirus has changed the way we live, and how that has impacted all\nthings online. Not only have people increased their overall usage of digital\npayments, they are using them in ways they never have before. From <\/em>Fortune<\/em><\/a>\n(subscription required).<\/em><\/p>\n\n\n\n

Square co-founder explains how to build a business that\nis \u201calmost untouchable.\u201d<\/strong> In his position as a co-founder of Square and now deputy\nchair of the St. Louis Fed, Jim McKelvey has had a front-row seat to how the\npandemic crisis is hitting small businesses. In this interview, he explains\nwhat an \u201cinnovation stack\u201d is and why companies that create them are better\nable to weather a crisis like the coronavirus. From <\/em>Chief\nExecutive<\/em><\/a>.<\/em> <\/p>\n\n\n\n

COVID-19 Help<\/strong><\/h4>\n\n\n\n

Music platform Spotify has launched a new feature <\/strong>that\nallows artists to fundraise for themselves, their crews or other causes. The\ncompany is partnering with Square\u2019s Cash App, which is donating $100 to artists\nthat submit a \u201c$cashtag\u201d username as their fundraising destination and secure\nat least one donation, through a $1 million artist relief initiative. PayPal\nand GoFundMe are other donation acceptance partners for Spotify in some\nmarkets. From <\/em>TechCrunch<\/em><\/a>.<\/em>  <\/p>\n\n\n\n

India\u2019s digital payments providers \u2013 including some\nbig-name payment facilitators \u2013 are adapting their solutions to better suit the\nnew COVID-19 reality.<\/strong> Paytm has updated its interface to focus on providing\nusers with access to payments for essential items such as bill payments and\ninsurance premiums. Razorpay is working on eliminating physical touchpoints,\nincluding using video calls for account opening. And PayU is expanding to help\nprovide tech services as well as payments. From <\/em>livemint<\/em><\/a>.<\/em>\n<\/p>\n\n\n\n

Acquisitions & Partnerships<\/strong><\/h4>\n\n\n\n

Indian payment facilitator Infibeam Avenue has agreed to\nacquire a U.S.-based company<\/strong> called AI Fintech, with plans to expand\ndigital payments in the U.S. From <\/em>India\nInfoline<\/em>.<\/em><\/p>\n\n\n\n

Facebook is working with three companies in Indonesia to\nlaunch mobile payments there.<\/strong> The social media giant is planning to apply\nfor regulatory approval for a plan that would allow users to make payments\nwithin its platforms without leaving the apps. The partners include\nride-hailing companies and wallet providers Gojek and Grab. From <\/em>Reuters<\/em><\/a>.<\/em>\n<\/p>\n\n\n\n

Industry news <\/strong><\/h4>\n\n\n\n

RealPage: RealPage\nSolutions Prove Their Flexibility During COVID-19<\/a><\/p>\n\n\n\n

Paysafe: Paysafe\nAchieves CarbonNeutral\u00ae Company Status<\/p>\n\n\n\n

RunSignup: RunSignup\nReleases New Virtual Race Websites and Pre-Race Bibs for Virtual Runners<\/a><\/p>\n\n\n\n

Grab Philippines: Grocery,\nBills Payment, Food, Parcel and More: GrabPay Doubles Down on Cashless Services\nto Promote Safer Payments<\/a> <\/p>\n\n\n\n

Mastercard: Mastercard\nJoins Coalition to Support Displaced Workers<\/a><\/p>\n\n\n\n

Phreesia: Memorial\nHealth System and Phreesia Partner to Respond to COVID-19<\/a><\/p>\n\n\n\n

Blackbaud: Blackbaud\nLaunches Technology to Help Arts and Cultural Organizations Cultivate\nMeaningful Relationships with Supporters During and After COVID-19 <\/p>\n\n\n\n

RunSignup: RunSignup\nAnnounces Free Virtual Results Bot for Virtual Events<\/a><\/p>\n\n\n\n

Blackbaud: Blackbaud\nSolutions Power Record COVID-19 Donations for Humanitarian Aid Organization\n<\/p>\n\n\n\n

AsiaPay: AsiaPay\npartners with Plug and Play Singapore Fintech Program<\/p>\n\n\n\n

MYPINPAD: MYPINPAD\nEnables Secure Payments on Both Android And iOS Devices<\/p>\n\n\n\n

Paytm: Together\nAgainst COVID-19: Here\u2019s How Lockdown is Shaping Digital Payments and How We Are\nSupporting Our Nation<\/a> <\/p>\n\n\n\n

Wirecard: Wirecard\nand Visa collaborate on Visa Fintech Fast Track Program<\/p>\n\n\n\n

ParkMobile: NYC\nDOT Announces New Effort to Encourage Contactless Payments for City Parking\nMeters<\/a> <\/p>\n\n\n\n

RunSignup: RunSignup\nReduces Reserve Requirement from 20% to 10%<\/a><\/p>\n\n\n\n

CardFlight: CardFlight\nPartners with Payroc to Support Small Businesses Through COVID-19 Pandemic<\/a><\/p>\n\n\n\n

Finder: Cash\nYou Later: 1 in 3 Kiwis Have Ditched Physical Currency<\/a><\/p>\n\n\n\n

Fiserv: Deluxe\nand Fiserv Launch Merchant Services Offerings for Deluxe Small Business\nCustomers<\/p>\n\n\n\n

Pushpay: Pushpay\nand Church Community Builder Launch Integrated Solutions to Help Drive Deeper\nEngagement in the Church<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[195,246,646,658,690,828],"class_list":["post-4855","post","type-post","status-publish","format-standard","hentry","category-archive","tag-covid","tag-earnings","tag-payment-facilitators","tag-paypal","tag-phreesia","tag-square"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4855"}],"version-history":[{"count":9,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4855\/revisions"}],"predecessor-version":[{"id":9115,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4855\/revisions\/9115"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4855"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}