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Study Shows Majority of Companies Think Their Chargeback Rate Has Increased in the Past Year, and 7 in 10 Have Been in a Fraud Monitoring Program in the Last 12 Months Kount, an Equifax Company, the leader in digital identity trust and fraud prevention, has published the first of its kind “Digital Payments in 2021: Opportunities and Chargeback Risks” survey. The survey takes a deep dive into 2021 chargeback trends and risks across customer experiences, both pre...

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Merchants will benefit from transparent, flat-rate pricing structures; skip the lengthy underwriting process; and receive approval for their payment processing account in real-time Cardknox, a leading developer-friendly payment technology provider, today announced the release of its payment facilitator (payfac) model, Cardknox Go. As a comprehensive payment facilitator platform, Cardknox Go gives developers, ISVs, and VARs the ability to onboard merchant accounts easily and in record time, who in turn can provide their merchants with the...

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Shift4 Payments (NYSE: FOUR), today announced the appointment of Karen Roter Davis to the Shift4 Payments Board of Directors, effective August 16, 2021. Ms. Davis will service as a member of the Audit Committee and Compensation Committee. Ms. Davis will be replacing Andrew Frey, who stepped down from the Board of Directors, effective immediately. Following the appointment of Ms. Davis, the Board will comprise 7 Directors, 4 of which are independent. “We are pleased to...

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Paysafe Limited (“Paysafe” or the “Company”) (NYSE:PSFE) (PSFE.WS), a leading specialized payments platform, today announced its financial results for the second quarter of 2021. Second Quarter 2021 Financial Highlights (metrics compared to second quarter of 2020) Total Payment Volume of $32.3 billion, increased 41% Revenue of $384.3 million, increased 13% Net income attributable to the Company of $6.6 million, compared to net loss of $15.9 million Adjusted EBITDA of $118.8 million, increased 8% Reaffirmed 2021...

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Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced its financial and operational results for the second quarter ended June 30, 2021. Second Quarter Financial Highlights (All comparisons are relative to the three-month period ended June 30, 2020 unless otherwise stated) Revenue increased 29% to $13.7 million. Subscription and services revenue growth accelerated, up 81% year over year to a record $8.2 million (60% of total revenue). Record...

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SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces the launch of SmartStream Air Version 4, which provides the continuous streaming of reconciliations using the latest AI cloud-native technology. The new version will manage large volumes of data in a variety of non-standard formats and structures, it will check for accuracy and completeness on a continuous basis, without the need to reload unmatched items. SmartStream Air Version 4 supports both real-time and...

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Innovative collaboration to boost consumer credit and financial inclusion throughout Mexico i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with KEO, an innovative lending company, and PAYBACK, the largest customer loyalty program in Mexico, to provide inclusive financing in Mexico through the KEO PAYBACK American Express® Card. The new partnership aims to boost consumer credit availability and financial inclusion in Mexico. Backed by i2c’s highly configurable platform and supported on...

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The new partnership bridges disconnect between the vehicle, the customer, and the monthly payment for auto dealers across North America. Star Performance Marketing (Tampa, FL) has partnered with OfferLogix (Washington, DC) to license it’s fully-automated payment calculation platform, PaymentLogix and its patented payment advertising solution, APILogix to deliver dynamic and compliant payments across every customer touchpoint. With OfferLogix, Star Performance Marketing can provide its dealers a seamless customer buying experience with precise, customized and compliant payments on every vehicle...

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Peak Fintech Group Inc. (CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today announced that it has acquired a minority stake in China UnionPay subsidiary Rongbang Technology Ltd. (“Rongbang”). Earlier this year, Peak signed an agreement with Rongbang that allows Peak to use the China UnionPay network to provide fund transfer and payment settlement services within its Lending Hub ecosystem. After working closely with Rongbang (https://www.masget.com/) to connect to...

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