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CSBS Launches Streamlined State Exams for Nationwide Payments Companies
The Conference of State Bank Supervisors (CSBS) announced last week that it was launching what it called a “state-initiated” program that would enable money transmitters operating in 40 or more states to undergo a single exam to satisfy all state exam requirements in 2021.
Read MorePF Nuvei’s IPO Is Largest Tech Offering on Toronto Stock Exchange; Cards Overtake Cash in Germany: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreSquare Launches On-Demand and Instant Payments for Square Payroll Customers
Square introduced two new features this week to help its customers using Square Payroll – as well as their employees – manage their cash flow.
Read MoreMastercard, Square Partner to Bring Digital Payments to Falkland Islands
Mastercard and Square are working together to help small businesses on the Falkland Islands accept digital payments.
Read MorePayPal, Mastercard Grow Short-Term Installment Payment Options
PayPal said this week that it is enabling a short-term installment payment offering for merchants in the U.S., one announcement among a flurry of activity around buy now pay later options.
Read MoreAmerican Express White Paper: Is Offering Payments Right for You?
The advantages to becoming a payment facilitator – increased revenue, interest from investors, more control over your products and your own customer experience – make it a model well worth considering. But even though it offers substantial benefits, it’s not necessarily a good fit for every software company.
Read MorePF RealPage Acquires STRATIS IoT; Warburg Pincus Raising Money for New Fintech Fund: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreCOVID-19 Pandemic Driving B2B Digital Payment Adoption in the U.S. and Canada: Mastercard Study
Responding to the stressful economic conditions brought on by the coronavirus pandemic, more than half of businesses in the U.S. and Canada have transitioned their customers to digital payment methods.
This is according to a new survey of small businesses from Mastercard, which looks into just how much the pandemic has driven B2B digital payments adoption.
New Amex Paper Details Benefits of Creating Your Own Payments Offering
The number of PFs is expected to more than double from 1,000 to over 2,300 globally in the next five years. This is according to a new American Express white paper, which is geared to helping SaaS companies bring payments in-house. It details some of the reasons why so many businesses are making this move.
Read MoreInfinicept Among 100 Fastest Growing Companies in U.S., Demonstrating Explosive Growth of PF Model
PF platform provider Infinicept has been named one of the 100 fastest-growing private companies in the U.S. by Inc. magazine. The publication ranked the company no. 95 on its annual Inc. 5000 list.
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