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Merchant Services Giant Chase to Acquire Leading PF WePay
JPMorgan Chase & Co. plans to acquire payments platform and leading payment facilitator WePay.
Read MorePayPal Surpasses AMEX in Market Value
Digital payment processor and registered payment facilitator PayPal has been gaining notoriety this year in stock share and overall market value. So much so, the payments platform has now surpassed AMEX in market capitalization.
Read MoreElavon Latest to Step in as Payments Industry Lines Up with Programs to Support PF Model
As companies recognize the importance of the PF model, more legacy payments providers will likely bring products to market serving businesses that choose that route. Recently, payments processor Elavon became the latest to offer a program geared specifically to payment facilitators.
The interest in the market isn’t surprising, given the potential.
Read MoreBankers Protest Square Application, MasterCard and PayPal Go Global: News Roundup
MasterCard again partners with PayPal and GoFundMe partners with Adyen, while Blackbaud expands its offerings though JustGiving acquisition and Square receives unfavorable response from the ICBA. Here’s your weekly news roundup.
Read MoreScoop of the Day! Elavon Introduces Payment Facilitator Program
Payments processor Elavon has introduced a new program for payment facilitators that it’s calling Scoop. The program is a co-op that supports payment facilitators with two levels of service.
Read MoreA Powerful Partnership: Waud Capital Invests in Anovia Payments
Waud Capital Partners, a leading middle-market private equity firm, has announced their strategic partnership with Anovia Payments – an industry innovator in payment acceptance for small and medium-sized customers.
Read MoreRide-Sharing Collaboration Uses Tech to Improve Commuting in London, While Uber Faces Setback There
As Uber struggles to respond to its troubles in London, a collaboration between two tech companies has stepped in to debut a different model for ride sharing in the city.
Read MoreSquare Signals Continued Potential for AI with New Board Member
Square is citing a commitment to continued development and integration of artificial intelligence technologies as a fundamental reason behind its addition of a new member to its Board of Directors.
Read MoreShopify Betting on QR Codes
Leading payment facilitator Shopify is betting that QR codes are coming back in a big way, to connect offline and online shopping more easily.
Read MoreSquare Applies for Banking Charter, Will Other PFs Follow?
As Square evolves its business, it shows other fintech companies what can be done when they think outside traditional payment solutions. So, what does the news last week about the company’s intent to apply for an industrial bank charter forecast for other payment facilitators?
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