{"id":4977,"date":"2020-09-02T15:52:51","date_gmt":"2020-09-02T20:52:51","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4977"},"modified":"2023-02-13T09:29:22","modified_gmt":"2023-02-13T16:29:22","slug":"pf-realpage-acquires-stratis-iot-warburg-pincus-raising-money-for-new-fintech-fund-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/pf-realpage-acquires-stratis-iot-warburg-pincus-raising-money-for-new-fintech-fund-news-roundup\/","title":{"rendered":"PF RealPage Acquires STRATIS IoT; Warburg Pincus Raising Money for New Fintech Fund: News Roundup"},"content":{"rendered":"\n

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

Fintech Funding<\/strong><\/h4>\n\n\n\n

Private equity company Warburg Pincus is looking to raise $2.5 billion for a fund to invest in payments and fintech.<\/strong> This would be the firm\u2019s second fund geared to deals in the financial sector. It plans to formally start fundraising in November. From Bloomberg<\/a>.<\/p>\n\n\n\n

The global shift toward digital payments means that fintech companies are outperforming the big banks. <\/strong>During the second quarter, profits for some payment companies, including PayPal, surpassed some of the world\u2019s biggest banks. PayPal\u2019s valuation also exceeds the combined value of Japan\u2019s three largest banks. Despite a loss during the second quarter, Square\u2019s valuation is more than Japan\u2019s Mitsubishi UFJ Financial Group. From Nikkei Asian Review<\/a>.<\/p>\n\n\n\n

Digital Download<\/strong><\/h4>\n\n\n\n

Indian PF Pine Labs has big plans to gain market share in South Asia\u2019s payments market.<\/strong> Partnerships in the region are helping it expand its business there. Company CEO Amrish Rau discusses those ambitions as well as the company\u2019s latest technology supporting contactless payment solutions in this interview. From Economic Times<\/a>.<\/p>\n\n\n\n

Turkey is the latest to join the ranks of countries looking to standardize QR codes. <\/strong>The country\u2019s central bank recently released regulations to ensure interoperability, which it hopes will increase use of the barcodes and reduce its citizens\u2019 reliance on cash. From QR Code Press<\/a>. <\/p>\n\n\n\n

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

Mastercard: Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion<\/a><\/p>\n\n\n\n

CSBS: State Regulators Are Opposed to OCC’s Payments Charter<\/p>\n\n\n\n

RealPage: RealPage Acquires STRATIS IoT<\/a><\/p>\n\n\n\n

Bill.com: Bill.com and KeyBank Introduce Key CashFlow, a Streamlined Payments Solution for Small and Midsize Businesses<\/p>\n\n\n\n

Mastercard: Mastercard Launches Frictionless Retail Technology Solutions to Enable Touchless Economy<\/a><\/p>\n\n\n\n

Klarna: Klarna Adds More Than 1 Million New US Consumers During the Summer Months<\/a><\/p>\n\n\n\n

Innoviti: Innoviti Partners with Visa to Develop Installments Platform for Face-to-Face Transactions<\/p>\n\n\n\n

RunSignup: RunSignup | GiveSignup Hosts a Virtual \u201cCram Session\u201d to Prepare the Endurance Industry for an Unprecedented Fall<\/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":[229,303,502,646,658,725,740,828],"class_list":["post-4977","post","type-post","status-publish","format-standard","hentry","category-archive","tag-digital-payments","tag-fintech","tag-mastercard","tag-payment-facilitators","tag-paypal","tag-qr-codes","tag-realpage","tag-square"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4977","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=4977"}],"version-history":[{"count":4,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4977\/revisions"}],"predecessor-version":[{"id":9128,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4977\/revisions\/9128"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4977"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}