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Trintech Acquires Financial Reconciliation Business from Fiserv
Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, announced its acquisition of Frontier Reconciliation and Accurate Reconciliation from Fiserv, a leading global provider of fintech and payments solutions.
Microsoft Deepens Relationship with PayPal to Offer Simple, Flexible Payment Options
PayPal Holdings, Inc. and Microsoft Corp., announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon have the option to pay with Venmo in the Microsoft Store. Venmo is currently available in the Microsoft Store on Xbox in the U.S. These new integrations offer customers more flexible ways to pay and help increase customer loyalty.
Hitachi Payment Services to Acquire Writer Corporation’s Cash Management Business
Hitachi Payment Services, India’s leading integrated payment solutions provider, has entered into an agreement to acquire the Cash Management Business of Writer Corporation, a multi-business enterprise. In the Cash Management industry, Writer Safeguard – the Cash Management Business of Writer Corporation, has been providing comprehensive cash services including ATM cash replenishment and retail cash pick-up services to corporate clients in India since 2001.
SoftBank Group and Symbotic Establish New Warehouse-as-a-Service Joint Venture Through Automation and AI
SoftBank Group Corp. and Symbotic a leader in A.I.-powered automation technology for the supply chain, announced the establishment of GreenBox Systems LLC (“GreenBox”), a new joint venture to address the more than $5001 billion annual warehouse-as-a-service market opportunity.
Mastercard Introduces a Fast, Safe and Cost-Effective Solution for Businesses to Accept Virtual Card Payments
Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players across the ecosystem and accelerates the digitization of B2B transactions across buyers and suppliers.
