{"id":5145,"date":"2021-04-21T18:28:08","date_gmt":"2021-04-22T00:28:08","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5145"},"modified":"2023-02-13T09:29:49","modified_gmt":"2023-02-13T16:29:49","slug":"payments-industry-should-self-regulate-on-hate-and-harm-what-biz-leaders-can-learn-from-retail-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/news\/payments-industry-should-self-regulate-on-hate-and-harm-what-biz-leaders-can-learn-from-retail-news-roundup\/","title":{"rendered":"Payments Industry Should Self-Regulate on \u201cHate and Harm\u201d; What Biz Leaders Can Learn from Retail: 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<p><strong>The payments industry must join together to develop clear guidelines about groups that perpetuate \u201chate and harm\u201d before the government feels compelled to step in. <\/strong>This is according to an editorial by Infinicept Co-CEO and Co-Founder Deana Rich. Rich argues that the current lack of standards is leaving the door open for organizations and individuals that perpetuate hate to continue operating, and that the industry should take a proactive approach to stop their funding. From <a href=\"https:\/\/www.paymentsjournal.com\/on-the-heels-of-the-insurrection-the-payments-industry-needs-clear-definitions-of-hate-and-harm\/\">PaymentsJournal<\/a>.<\/p>\n\n\n\n<p><strong>Invite-only audio app Clubhouse just reported a Series C fundraising round that valued it at $4 billion.<\/strong> The round was led by Andreessen Horowitz and new investors include Tiger Global Management and DST Global. The app recently partnered with Stripe to let creators accept payments from users. From <a href=\"https:\/\/www.businessinsider.com\/clubhouse-andreessen-horowitz-funding-round-valuation-2021-4\">Business Insider<\/a>.<\/p>\n\n\n\n<p><strong>The response of retailers to the pandemic demonstrates how business leaders should respond to crises. <\/strong>Among the lessons learned are the need for businesses to adapt as the environment evolves. Retailers\u2019 COVID-driven embrace of digital solutions, including embedded payments, is one example of a shift that happened more quickly than many expected, but is now here to stay. From <a href=\"https:\/\/www.forbes.com\/sites\/edwardsegal\/2021\/04\/19\/what-business-leaders-can-learn-from-retailers-response-to-covid\/?sh=4adf8e613d65\">Forbes<\/a>.<\/p>\n\n\n\n<p><strong>Shopify sees the role of its platform as enabling businesses to sell anywhere, putting the \u201cpower in their hands.\u201d<\/strong> In this interview, the head of the company\u2019s Canadian operations explains how Shopify views itself in comparison with marketplaces such as Amazon or Walmart. He also shares stories about how the company\u2019s merchants innovated to overcome the challenges of the pandemic. From <a href=\"https:\/\/www.thestar.com\/business\/2021\/04\/17\/shopifys-canadian-boss-on-boosting-entrepreneurs-to-put-the-power-in-their-hands.html\">The Star<\/a>.&nbsp;<\/p>\n\n\n\n<p><strong>Industry News<\/strong><\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/newsroom.mastercard.com\/mea\/press-releases\/mastercard-enters-into-strategic-partnership-with-central-bank-of-iraq-to-advance-digital-payments-in-the-country\/\">Mastercard Enters into Strategic Partnership with Central Bank of Iraq to Advance Digital Payments in the Country<\/a><\/p>\n\n\n\n<p>Sphere: <a href=\"https:\/\/www.prweb.com\/releases\/sphere_joins_with_raintree_systems_to_enable_secure_integrated_payments_for_physical_therapy_practices\/prweb17874865.htm\">Sphere Joins with Raintree Systems to Enable Secure, Integrated Payments for Physical Therapy Practices<\/a><\/p>\n\n\n\n<p>AsiaPay: <a href=\"https:\/\/en.prnasia.com\/releases\/apac\/asiapay-partners-with-qiscus-to-enhance-customer-experience-with-frictionless-checkout-and-payment-315552.shtml\">AsiaPay Partners with Qiscus to Enhance Customer Experience with Frictionless Checkout and Payment<\/a><\/p>\n\n\n\n<p>BlueSnap: <a href=\"https:\/\/home.bluesnap.com\/snap-center\/blog\/press\/bluesnap-and-chargebee-announce-new-partnership\/\">BlueSnap and Chargebee Announce New Partnership<\/a><\/p>\n\n\n\n<p>Square: <a href=\"https:\/\/squareup.com\/au\/en\/press\/square-loans-coming-to-australia\">Square Extends Lending Arm to Australian Businesses<\/a><\/p>\n\n\n\n<p>Cantaloupe, Inc.: USA Technologies Officially Launches as Cantaloupe, Inc.<\/p>\n\n\n\n<p>Flutterwave: Forter Partners with Flutterwave to Drive eCommerce Growth Across Africa and Beyond<\/p>\n\n\n\n<p>OLB Group: EZ Sports Technologies Selects OLB to Provide Digital Merchant Services and Payment Acceptance Solutions for Select Minor League Baseball Teams<\/p>\n\n\n\n<p>PayPal: <a href=\"https:\/\/www.prnewswire.com\/news-releases\/uatp-to-offer-pay-in-4-with-paypal-for-airfare-purchases-across-its-airline-partners-301267937.html\">UATP to Offer Pay in 4 With PayPal for Airfare Purchases Across its Airline Partners<\/a><\/p>\n\n\n\n<p>Blackbaud: Blackbaud&#8217;s 2020 Social Responsibility Report: Helping Good Take Over<\/p>\n\n\n\n<p>Flywire: <a href=\"https:\/\/www.flywire.com\/news\/majority-of-finance-professionals-say-difficulty-with-collecting-cross-border-payments-slows-global-expansion\">Majority of Finance Professionals Say Difficulty with Collecting Cross-Border Payments Slows Global Expansion<\/a><\/p>\n\n\n\n<p>PAR Technology: PAR Technology Celebrates Historic Partner Milestone<\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/mastercardcontentexchange.com\/news\/ap\/en\/newsroom\/press-releases\/en\/2021\/april\/rbl-bank-and-mastercard-partner-to-offer-first-of-its-kind-payment-functionality-in-india\/\">RBL Bank and Mastercard Partner to Offer First-of-Its-Kind Payment Functionality in India<\/a><\/p>\n\n\n\n<p>Mastercard: <a href=\"https:\/\/www.mastercard.com\/news\/press\/2021\/april\/mastercard-to-acquire-ekata-to-advance-digital-identity-efforts\/\">Mastercard to Acquire Ekata to Advance Digital Identity Efforts<\/a><\/p>\n\n\n\n<p>Stripe: <a href=\"https:\/\/stripe.com\/newsroom\/news\/stripe-issuing-launches-in-europe\">Stripe Issuing Launches in Europe<\/a><\/p>\n\n\n\n<p>Guidewire Software: Commerce Bank Joins Guidewire PartnerConnect Solution Alliance Ecosystem to Digitize Claims Payments<\/p>\n\n\n\n<p>Visa: <a href=\"https:\/\/www.prweb.com\/releases\/moneta_technologies_amole_and_visa_form_strategic_partnership_to_expand_access_to_digital_payments_for_ethiopian_merchants_and_banks\/prweb17865308.htm\">Moneta Technologies \u201cAmole\u201d and Visa form Strategic Partnership to Expand Access to Digital Payments for Ethiopian Merchants and Banks<\/a><\/p>\n\n\n\n<p>Nuvei: <a href=\"https:\/\/www.globenewswire.com\/news-release\/2021\/04\/16\/2211530\/0\/en\/Nuvei-to-Acquire-Mazooma-a-U-S-focused-gaming-and-sports-wagering-payment-technology-provider.html\">Nuvei to Acquire Mazooma, a U.S. Focused Gaming and Sports Wagering Payment Technology Provider<\/a><\/p>\n\n\n\n<p>PayJunction: <a href=\"https:\/\/www.prweb.com\/releases\/payjunction_api_adds_remote_billing_and_invoicing_feature\/prweb17842710.htm\">PayJunction API Adds Remote Billing and Invoicing Feature<\/a><\/p>\n\n\n\n<p>Pineapple Payments: Pittsburgh-Based Companies, Pineapple Payments and eServices Technology, Expand Integrated Payments Partnership<\/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":"closed","ping_status":"closed","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":[1014],"tags":[],"class_list":["post-5145","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5145","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=5145"}],"version-history":[{"count":8,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5145\/revisions"}],"predecessor-version":[{"id":9181,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5145\/revisions\/9181"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5145"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}