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IndustryUpdate




          Enigma, Noble tackle                 Propane industry picks Qualpay
          business underwriting
                                               Qualpay, a cloud-based payments platform, received the exclusive affinity
          Enigma, a data science company       endorsement from the National Propane Gas Association  as the preferred
          that provides intelligence about the   industry vendor for payment processing.
          financial health and identity of U.S.
          businesses, partnered with Noble,    The NPGA is the national trade association representing the U.S. propane
          a fintech infrastructure company     industry. Qualpay said it is recognized for providing customers the benefits
          that powers verification, credit     of an integrated payment gateway and merchant account, simplified cash
          underwriting and decisioning for     reconciliation, and easy-to-use, customizable business reporting. “Qualpay is
          companies  embedding  financial      simplifying the way businesses do payments, making them the right partner
          services. Together, Enigma and       of choice in payment solutions for our member organizations,” said Stephen
          Noble believe they will provide      Kaminski, NPGA President and CEO.
          companies with a clear picture of
          the financial health of small and    Transcard integrates with Mastercard Track
          midsize businesses, enabling faster,
          more accurate underwriting deci-     Transcard, a provider of payment and data technology, said it integrated
          sions. Enigma said its proprietary   its family of embedded payment solutions, called SMART Suite, with
          machine learning algorithms com-     Mastercard's innovative Track Business Payment Service. Business Payment
          bine hundreds of public and private   Service is a global open-loop commercial network designed to simplify and
          data sources to generate its data    automate the exchange of payments data between buyers and suppliers. The
          about the financial health of more   network, Transcard noted, helps facilitate the collection and exchange of
          than 30 million small and midsize    data across the payment methods and rails available in SMART Suite, and
          businesses. Noble stated its plat-   businesses on the network set preferences for how they would like to make
          form enables companies to manage     or take payment, and suppliers on the network receive enhanced remittance
          risk at any step of the customer     details, reducing manual processing.
          journey for any financial product—
          from onboarding, to underwriting
          and decisioning, to ongoing moni-
          toring.

          Onfleet, Aeropay team up
          Onfleet, a delivery management
          software company, and Aeropay, a
          digital payments provider for the
          cannabis industry, formed a part-
          nership that integrates  Aeropay's
          digital  payment  solutions  with
          Onfleet’s last mile delivery man-
          agement software platform. Onfleet
          and Aeropay work with a variety of
          retail businesses offering delivery
          to help streamline the delivery and
          payment process—especially useful
          for cannabis retailers, the partners
          stated.  As consumers shift from
          shopping at storefronts to buying
          cannabis products online, Aeropay
          enables cannabis businesses to offer
          an appealing, compliant and cash-
          less digital payment method for
          customers, they added, noting that
          Onfleet is a trusted platform that
          cannabis dispensaries can use to
          manage drivers, plan routes, fulfill
          deliveries and ensure compliance
          with local regulations.



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