TSG Announces 2021 Top Performing Payment Gateways
The Strawhecker Group (TSG) is pleased to recognize a selection of payment gateways for their exceptional performance across several key areas, critical to a successful payment platform. Read the press release. Powered by TSG’s Gateway »
Cardknox adds Google Pay to expand e-commerce payment solutions
Mobile Payments Today Cardknox, an omnichannel payment gateway, has expanded its e-commerce payment options to include Google Pay. Merchants who integrate with Cardknox will now have the ability to offer Google Pay digital wallet and »
Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century
TechCrunch Payments for consumers have made a huge shift to the online world in the last year, a time when they have moved more of their purchasing to the internet to minimize in-person transactions in »
TransactionWatch – Week of January 18th – January 22nd
Click here to read TransactionWatch | Subscribe to TransactionWatch The execution of M&A deal announcements staggered this week when compared to prior weeks thus far in the new year, however, this week encompassed much speculation regarding potential upcoming »
Payoneer in SPAC Merger Talks
Click here to view NewsFilter. The post Payoneer in SPAC Merger Talks appeared first on The Strawhecker Group. »
China plans tougher antitrust rules for non-bank payments industry
Reuters China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat Pay. Under draft rules proposed on Wednesday, the People’s Bank »
TransactionWatch – Week of January 11th – January 15th
Click here to read TransactionWatch | Subscribe to TransactionWatch M&A movement across the industry continued to play out this week with multiple notable transactions. First off, Visa has announced that they have called off their acquisition of Plaid. »
UK Government votes down bill to regulate BNPL firms
Finextra The UK Government has voted down a bill supported by 70 MPs to regulate buy now, pay later firms like Klarna, Laybuy and Clearpay.The amendment to the financial services bill was sponsored by Labour »
1st Payment Acquisition to Complement Pineapple’s Plans to Expand Direct Sales and Scale its Reach to ISVs
Pineapple Payments Pineapple Payments, a rapidly growing payments technology company based out of Pittsburgh, announced today that it acquired 1st Payment Systems. Based in Roswell, Georgia, 1st Payment creates comprehensive payment programs for associations and »
BNPL Demand Continues – Affirm Pops on Opening Day
Click here to view NewsFilter. The post BNPL Demand Continues – Affirm Pops on Opening Day appeared first on The Strawhecker Group. »
PayPal becomes first foreign firm in China with full ownership of payments business
Reuters PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a »
Payments start-up Rapyd doubles valuation to $2.5 billion as Covid turbocharges growth
CNBC “Every company will be a fintech company,” Angela Strange, a general partner at famed Silicon Valley investor Andreessen Horowitz, declared early last year. Her comments reverberated through the fast-growing financial technology industry, and came »
Executive Interview Series: TSG Senior Associate, Mark Waring
The Executive Interview Series provides readers with exclusive insights from movers and shakers in the payments industry. The Payments Industry is under continuous transformation, as such this series provides diverse perspectives on everything from strategy »
Visa will not acquire Plaid after running into regulatory wall
TechCrunch Visa and Plaid called off their agreement, ending the consumer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its announcement, first broke cover on »
Walmart Creates Fintech Startup, Speeding Push Beyond Retail
Bloomberg In a bid to better leverage its millions of customers, retail giant Walmart Inc. created a fintech startup to win more of their spending. The company has formed a partnership with Ribbit Capital, an »
TransactionWatch – Week of January 4th – January 8th
Click here to read TransactionWatch | Subscribe to TransactionWatch The beginning of the new year is off to a rapid start as it relates to M&A activity in the payments industry. This past week witnessed a flurry of »
Crypto Market Value Tops $1T as Bitcoin Surpasses $40K
Click here to view NewsFilter. The post Crypto Market Value Tops $1T as Bitcoin Surpasses $40K appeared first on The Strawhecker Group. »
The Strawhecker Group Announces New Hires and Promotions
The Strawhecker Group (TSG), the largest analytics and consulting firm focused on payments acceptance, is pleased to announce several new hires and promotions as the firm focuses on new solutions to support the payments industry. »
PayPal backs crypto tax startup Taxbit
Reuters PayPal Holdings Inc’s venture arm has made an investment in Salt Lake City, Utah-based tech startup Taxbit, which helps consumers and businesses calculate the taxes owed on cryptocurrency holdings, the companies said on Thursday. »
TSG in TotalRetail: Purchasing in a Pandemic
Article by Trevor Forbes, TSG’s Director of Market Intelligence The COVID-19 pandemic has clearly had a major impact on U.S. consumer lifestyles and purchase behavior, including how, when and where consumers are making purchases. Many »
