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The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
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News
Restaurant Platforms Make Embedded Finance Part of Daily Operations
1+ mon, 4+ week ago (515+ words) Merchant data is giving platforms another way to offer working capital without sending restaurants to outside lenders. Repeat borrowing suggests embedded financing is becoming part of restaurant operations rather than a source of emergency funding. As platforms expand the services…...
Synchrony Moves Dental Financing Beyond the Credit Score
2+ mon, 2+ week ago (945+ words) Alternative underwriting that looks at payment behavior and cash flow could open dental care to patients that a single credit score would turn away. Presenting financing at the point of care keeps patients from stripping down treatment plans to hit…...
Shift4 Adds 140,000 Merchants in Worldline Deal
6+ mon, 1+ week ago (446+ words) By purchasing Worldline’s Bambora North America business, Shift4 adds more than 140,000 merchants to its platform, the company said in a Monday (March 2) news release. “This deal brings a substantial gateway portfolio and payments volume onto Shift4’s platform,” said Shift4 CEO Taylor Lauber....
Mastercard Debuts Fleet Management Tools in Asia Pacific
7+ mon, 1+ week ago (299+ words) Mastercard launched a portfolio of fleet management solutions in the Asia-Pacific region. Mastercard Fleet: Next Gen is designed for fleets of all sizes and brings together payments, data and controls, the company said in a Wednesday (Feb. 4) press release. The…...
PAR Technology to Add In-Store Consumer Data by Acquiring Bridg
7+ mon, 2+ week ago (377+ words) PAR Technology aims to continue its efforts to combine previously disjointed foodservice technology solutions by acquiring identity resolution and shopper intelligence platform Bridg, a division of Cardlytics. The global foodservice technology provider agreed to acquire Bridg for $27.5 million or up…...
Finexio and RipplePoint Launch Integrated AP Automation for Hospitality
9+ mon, 1+ week ago (168+ words) The collaboration combines Finexio’s Payments-as-a-Service infrastructure with RipplePoint’s long-standing hospitality expense analytics system. The companies said the joint solution is designed to help operators reduce costs by 30% to 60% while shifting AP from a labor-intensive cost center to a profit generator....