Payment Platform news and trends

Nayax to Acquire POS Software Form Retail Pro International
Acquisitions // October 30, 2023

Nayax, a global commerce enablement payments and loyalty platform, has entered into a definitive agreement to acquire retail point of sale (POS) software firm Retail Pro International. This acquisition will significantly expand Nayax’s global reach in attended retail and enhance its distribution network by tripling the...

Payments as a ‘Product’ Help Digital Ecosystems Modernize Money Movement
Payment Methods // June 29, 2023

In verticals as far-flung as logistics, construction and retail, payments are embedded into the mix more deeply than ever before. Hersh Mansukhani, vice president of platforms and embedded payments, Fiserv, told Karen Webster that payments have, essentially, become a product. They’re a part of the...

PayRetailers Integrates Brazil’s PIX Into All-in-One Payment Platform
Real-Time Payments // June 27, 2023

PayRetailers has integrated PIX into its all-in-one payment platform. With the integration of this real-time payment system of Brazil, PayRetailers can help international businesses offer this secure, instant payment method, the company said in a Tuesday (June 27) press release. “PayRetailers understands the immense potential of PIX...

Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Security & Fraud // June 20, 2023

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. The new Payrailz Fraud Monitor, which joins the FinTech company’s Payrailz Digital Payments Platform, supports multiple payment types and detects fraud when payment transactions are initiated, Jack Henry said in a Tuesday (June 20) press...

Interviews & Exclusives
Orchestration Helps Merchants Avoid ‘Payments Chaos’ When Expanding Cross Border

February 01, 2023
Andy McHale, senior director, product and market strategy with Spreedly, told PYMNTS there’s the temptation to view credit cards as the primary method of paying for things — at the in-person point of sale or online. “But that doesn’t work for every individual, or every ecosystem or across every region on the planet,” McHale cautioned. […]

Braintree Marks Five Years With PayPal, Talks Of Next-Phase Mobile Transformation

December 07, 2018
The past is prologue, right? What has happened before sets the stage. Some famous English writer in the olden days wrote something along those lines. In the case of mobile...

Quick Reads
Mexico-Based Aplazo Raises $70 Million for Omnichannel Payment Platform

May 13, 2024
Aplazo has raised $70 million in equity funding, including a $45 million Series B, to continue building its omnichannel payment platform. The Mexico-based company will also use artificial intelligence (AI) to better understand the needs of consumers and merchants and to enhance risk decisions, Aplazo said in a Monday (May 13) press release. “Aplazo set out […]

PayRetailers Integrates Brazil’s PIX Into All-in-One Payment Platform

June 27, 2023
PayRetailers has integrated PIX into its all-in-one payment platform. With the integration of this real-time payment system of Brazil, PayRetailers can help international businesses offer this secure, instant payment method, the...

Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform

June 20, 2023
Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. The new Payrailz Fraud Monitor, which joins the FinTech company’s Payrailz Digital Payments Platform, supports multiple payment types and...

DataMesh Raises $30M to Grow ‘All-in-One’ Payments-Processing System

February 21, 2023
DataMesh Group has raised $30 million in a Series A funding round to expand globally. The Australian firm also plans to pursue large-scale domestic opportunities for its Unify “all-in-one” payments-processing...