{"id":4930,"date":"2020-07-22T15:57:44","date_gmt":"2020-07-22T15:57:44","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4930"},"modified":"2023-02-13T09:29:22","modified_gmt":"2023-02-13T16:29:22","slug":"pine-labs-announces-strategic-investment-google-introduces-mobile-shopping-platform-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/pine-labs-announces-strategic-investment-google-introduces-mobile-shopping-platform-news-roundup\/","title":{"rendered":"Pine Labs Announces Strategic Investment; Google Introduces Mobile Shopping Platform: News Roundup"},"content":{"rendered":"\n<p><strong>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.<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">States vs. Feds<\/h4>\n\n\n\n<p><strong>State regulators are likely to continue to defend their turf over the latest move from the OCC to define a charter for payments companies.<\/strong> States have so far successfully argued that they \u2013 not the federal government \u2013 have the authority to regulate nonbanks. But Acting Comptroller of the Currency Brian Brooks isn\u2019t shying from the fight. From <a href=\"https:\/\/news.bloomberglaw.com\/banking-law\/payments-shaping-up-as-next-turf-battle-between-occ-states\">Bloomberg Law<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Ecommerce Extra<\/h4>\n\n\n\n<p><strong>Platforms like Flutterwave and Paystack (both of which operate as PFs) have solved the issue of taking payments for small merchants that want to do business online in Nigeria.<\/strong> This profile of new entrant Seller describes how these types of companies are making it easier for small businesses to meet operational, logistical and payments needs with a single provider. From <a href=\"https:\/\/techcabal.com\/2020\/07\/20\/social-commerce-nigeria\/\">TechCabal<\/a>.<\/p>\n\n\n\n<p><strong>Google has introduced a mobile video shopping platform called Shoploop.<\/strong> The project originated in Google\u2019s R&amp;D division, and is intended to bring together video and ecommerce to introduce consumers to new products in an interactive setting. Users watch product demos or click to make a purchase on the merchant\u2019s website. From <a href=\"https:\/\/techcrunch.com\/2020\/07\/16\/googles-latest-rd-project-is-shoploop-a-mobile-video-shopping-platform\/\">TechCrunch<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Payment Partnerships<\/h4>\n\n\n\n<p><strong>Pine Labs, a PF based in India, has announced a strategic investment in Fave, a fintech platform serving Southeast Asia.<\/strong> Fave enables QR code-based payments and cashback loyalty programs for restaurants and retailers. With this partnership, Pine Labs will integrate Fave\u2019s products into its terminals. From <a href=\"https:\/\/tech.economictimes.indiatimes.com\/news\/startups\/pine-labs-makes-strategic-investment-in-malaysian-fintech-platform-fave\/77111209\">Economic Times<\/a>.<\/p>\n\n\n\n<p><strong>Indian payment facilitator PayU has partnered with Shiprocket Social and Quick eSelling.<\/strong> PayU will offer merchants on the two ecommerce platforms payment services, including same-day settlement, international payments, and payment through different modes such as links, text messages, WhatsApp and Instagram. From <a href=\"https:\/\/bfsi.eletsonline.com\/payu-shiprocket-social-and-quick-eselling-team-up-to-digitize-transactions\/\">The Banking &amp; Finance Post<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Industry News<\/h4>\n\n\n\n<p>Blackbaud: Higher Education Institutions Rely on Blackbaud Cloud Solutions to Maintain Operations Across Campus During COVID-19<\/p>\n\n\n\n<p>MYPINPAD: <a href=\"https:\/\/mypinpad.com\/mypinpad-expands-global-presence-through-partnership-with-mswipe-and-visa\/\">MYPINPAD Expands Global Presence Through Partnership with Mswipe and Visa<\/a><\/p>\n\n\n\n<p>PayMyTuition: <a href=\"https:\/\/www.newsfilecorp.com\/release\/60103\">Ecobank Group Partners With PayMyTuition to Expand International Tuition Payment and Refund Platform Across Africa<\/a><\/p>\n\n\n\n<p>Flywire: <a href=\"https:\/\/www.flywire.com\/news\/chinese-education-association-bossa-and-payments-specialist-flywire-announce-strategic-partnership\">Chinese Education Association BOSSA and Flywire Announce Strategic Partnership<\/a><\/p>\n\n\n\n<p>Flywire: <a href=\"https:\/\/www.flywire.com\/news\/flywire-helps-education-agents-and-institutions-streamline-international-tuition-payments\">Flywire Helps Education Agents and Institutions Streamline International Tuition Payments<\/a><\/p>\n\n\n\n<p>AffiniPay: LawPay Launches Integration with Big Law Legal Tech Solution Aderant<\/p>\n\n\n\n<p>Samsung: <a href=\"https:\/\/news.samsung.com\/uk\/samsung-and-izettle-join-forces-to-support-small-businesses-across-the-uk\">Samsung and iZettle Join Forces to Support Small Businesses Across the UK<\/a><\/p>\n\n\n\n<p>RevSpring: <a href=\"https:\/\/www.prweb.com\/releases\/revspring_expands_merchant_services_to_offer_complete_payments_solution_advancing_collection_of_patient_payments\/prweb17258984.htm\">RevSpring Expands Merchant Services to Offer Complete Payments Solution, Advancing Collection of Patient Payments<\/a><\/p>\n\n\n\n<p>Visa: <a href=\"https:\/\/usa.visa.com\/visa-everywhere\/blog\/bdp\/2020\/07\/14\/transit-riders-are-1594762921880.html\">Transit Riders are Getting on Board with Touchless Payments<\/a><\/p>\n\n\n\n<p>LegitScript: Transaction Laundering Is the Greatest Risk to a Portfolio, New LegitScript Report Says<\/p>\n\n\n\n<p>Blackbaud: Blackbaud Releases New Survey Results Revealing Churches&#8217; Response to the Pandemic<\/p>\n\n\n\n<p>Regal Software: <a href=\"https:\/\/www.prnewswire.com\/news-releases\/regal-software-introduces-regalpay-a-bank-branded-automated-payables-solution-for-corporate-customers-301094258.html\">Regal Software Introduces RegalPay, a Bank-Branded Automated Payables Solution for Corporate Customers<\/a><\/p>\n\n\n\n<p>Procare: <a href=\"https:\/\/www.prnewswire.com\/news-releases\/procare-introduces-integrated-payroll-solution-designed-for-child-care-centers-301093454.html\">Procare Introduces Integrated Payroll Solution Designed for Child Care Centers<\/a><\/p>\n\n\n\n<p>Appetize: Appetize Partners With Urban Air Adventure Park to Provide Digital Ordering Solutions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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":[317,357,597,646,652,664,695,725],"class_list":["post-4930","post","type-post","status-publish","format-standard","hentry","category-archive","tag-flutterwave","tag-google","tag-occ","tag-payment-facilitators","tag-payments-charter","tag-paystack","tag-pine-labs","tag-qr-codes"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4930","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=4930"}],"version-history":[{"count":6,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4930\/revisions"}],"predecessor-version":[{"id":9124,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4930\/revisions\/9124"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4930"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}