Bayer Business Services

Financial Management, Payments

Businesswire | June 16, 2023

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced it has surpassed 1 million real-time payments (RTP®) transactions and over $500 million in RTP® volume in the month of May alone. This significant milestone surpasses the bank’s previous records, highlighting Cross River’s commitment to innovation and its ability to meet the growing demand for instant, secure, and efficient payment...

Payments, Fintech

Nuvei and Paya | January 16, 2023

Nuvei Corporation, a Canadian fintech company, and Paya Holdings Inc., a leading U.S. provider of integrated payment and commerce solutions, have entered into a definitive agreement to acquire Paya at USD 9.75 per share for approximately $1.3 billion in cash. Philip Fayer, Nuvei's Chair and Chief Executive Officer, said, "The proposed acquisition of Paya is a powerful next step in the evolution of Nuvei, creating a preeminent payment technology provider with strong posi...

Financial Management, Payments

PRnewswire | April 26, 2023

The adoption of card payment acceptance by smartphone apps is transforming how payments are processed. Mobile payments not only benefit retailer-customer relations but open up business opportunities to innovations such as click-and-collect and mobile wallets with integrated loyalty. This is according to virtual payment card provider Lanistar. Jeremy Baber, CEO of Lanistar said: "With smartphone technologies continuing to advance, businesses can process card payments through...

Payments

Paystand | July 26, 2021

Paystand, a blockchain-enabled payment network for businesses, announced today a $50 million Series C round of fundraising led by NewView Capital, with participation from SoftBank's Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This latest round nearly twice Paystand's previous fundraising and reflects the company's triple-digit growth as it leads the fight for an open commercial finance system. Paystand will invest this new cash in reinventing B2...