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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare. He also previously worked at U.S.

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Fleet card market dynamics shift as WEX plucks Chevron portfolio

Payments Source

The wheels are already turning on one of the biggest fleet card portfolio flips in North America, with South Portland, Maine-based WEX Inc. poised to take over in 2018 as the issuer of Chevron and Texaco fleet cards, replacing FleetCor Technologies, which is looking to make up revenue growth elsewhere.

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Inside Square's City of Mobile Payments

Payments Source

spent six weeks in Portland, Ore. — markets in total Apple Pay transactions conducted with its card readers. Square Inc. — a city with a strong existing base of micro-merchants — to transform it into one of the company's top U.S.

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Square And Apple: Who Is The Big Winner Of Their Payments Pair-Up?

PYMNTS

History has a tendency of repeating itself in payments — though luckily, things in this space move fast and attention spans are often fairly short, so mostly we don’t notice. But in January-February 2014, the talk wasn’t really so much about their phone/card processing combo package, as much as it was acquisition.

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MyPeople On Gigging With Marketplace Points

PYMNTS

A gig worker on the MyPeople platform might help find a consumer find affordable housing in Portland, Oregon, for example. Gig Economy Payments. At the time of booking, he or she pays in advance by credit card; Strawn’s platform then holds the funds until the service is completed. Each point is equivalent to $1.

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The 2023 GonzoBanker Awards

Gonzobanker

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. After Amazon managed to turn the retail ecosystem’s collective head with its announcement that it would be acquiring the nation’s sixth-largest grocery chain, Whole Foods Market.

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