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PayFacs Are The New ISOs

­­­­­­­­­Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and didn’t always come out the...

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Data Dive: The Things Edition – Stripe, Starbucks And The Comptroller’s Concerns

Innovation never sleeps and, from the current shape of things, it is also safe to assume that it isn’t much for taking a summer vacation, either. The big news of the week was Prime Day, which reports...

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Stripe Acquires Payable To Expand Tax Reporting Tools For On-Demand Businesses

Stripe has acquired long-term partner Payable in an effort to bolster the tax reporting tools available to its on-demand and marketplace business customers. According to Tech Crunch, the company’s...

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove

Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a full-blown opera, and the entering communications director brought new meaning to...

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PayFacs Versus Merchants Of Record: Who Will Win?

FinTech innovators love the payment facilitator (PayFac), a shift that WePay co-founder Rich Aberman outlined in Episode 1 of the Payment Facilitators podcast with Karen Webster, CEO of PYMNTS. These...

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Xero, Stripe Team On Faster Online Payments For SMBs

Xero announced Wednesday (Aug. 2) that it has partnered with Stripe to help small business owners get paid faster. In a press release, the companies announced they have expanded a online payment...

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Stripe Launches Elements To Cut Friction In Online Checkout

Stripe has launched Stripe Elements, a set of tools that helps digital merchants build a smoother and more streamlined checkout process for their customers. According to Lachy Groom, head of payments...

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Stripe Aims To Cure Mobile Checkout Conversion Blues

Stripe has launched Stripe Elements, a set of tools that helps digital merchants build a smoother and more streamlined checkout process for their customers. According to Lachy Groom, head of payments...

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Stripe Atlas Adds Founder’s Stock Issuance Tool

Quick. Think tech. Think tech startup. Think tech startup riches….then think stock. Then think about how to take and give stock, if you’re the founder or co-founder of a tech startup. The dream of any...

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Stripe Launches Tool To Help Founders File Tax Returns In Minutes

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped...

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Stripe Ends Support For Bitcoin Payments

Four years after Stripe began accepting bitcoin, the payments platform has decided to end support for the popular cryptocurrency. The company said bitcoin’s volatility and lengthy transaction times led...

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Bitcoin Daily: Stripe Ends Support For Bitcoin, bitFlyer Expands In Europe

Due to bitcoin’s volatility and lengthy transaction times, Stripe has decided to end support for the popular cryptocurrency, TechCrunch reported. Those seeking to use bitcoin on Stripe still have a bit...

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Bitcoin Daily: 50 Cent Made Millions Selling Album For Bitcoin

In possibly the latest crime involving cryptocurrency, U.S. regulators say that a Nevada company and two involved individuals allegedly defrauded more than $6 million from customers seeking to buy a...

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Stripe Enables ACH Payments For Xero

Xero, an accounting platform for small businesses (SMBs) around the world, announced news on Tuesday (Feb. 6) that it is expanding its partnership with Stripe to enable Xero customers to accept ACH...

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Blockchain Must Be Easy, Secure To Drive Adoption

In 2017, cryptocurrency startups raised $5.6 billion through ICOs (initial coin offerings, a fundraising strategy by which creators of digital coins and tokens like bitcoin and Ethereum sell their...

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Half Of Payments Executives Are Focused On Peer-To-Peer (P2P) Payments

With the advent of emerging FinTech startups, banks face some competition for payments. When a consumer or a company wants to send a payment, they can now do so instantly from their smartphone with...

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Stripe Moves In-Store With Index Acquisition

Stripe, the $9 billion payments processing startup, has acquired point-of-sale (POS) software developer Index. Index, which was backed by former Google CEO Eric Schmidt’s venture capital firm...

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Stripe Rolls Out Billing Amid Subscription Business Boom

To simplify the recurring billing process for Software as a Service (SaaS) and subscription-based companies, Stripe has rolled out Billing. The service combines advanced machine learning with automatic...

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Sage Adds Stripe For Faster SMB Payments

Small business accounting company Sage announced an integration with payments software platform Stripe in the hope of accelerating payments to small and medium-sized businesses (SMBs). An announcement...

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Google And Apple Absent From Cybersecurity Tech Accord That Facebook And...

Technology companies are making the pledge to protect customers from cyberattacks, as well as making sure they don’t help governments advance their cyber warfare efforts. The Cybersecurity Tech Accord...

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