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IndustryUpdate
PARTNERSHIPS network. Real-time payments, available 24/7, provide
instant fund access. This collaboration is expected to
empower fintechs to address cash flow challenges for
Bold Commerce launches new partner program small businesses and consumers. In the third quarter
Bold Commerce launched the Build with Bold Partner 2023, Galileo noted, RTP network transactions hit a
Program in collaboration with agency and technology record 64 million, valued at $34 billion. Galileo pointed
partners like PayPal and Klarna. The program endeavors out the importance of meeting consumer expectations
to enhance checkout experiences for brands by extend- for instant payments, stating it simplifies real-time pay-
ing technology and expertise, the company stated, add- ment implementation, enhancing customer satisfaction
ing that composable commerce allows brands to person- and cash flow management for businesses.
alize checkout experiences without replatforming. The Hertz, Stripe to drive global rental car payments
program is expected to empower brands' transition to
composable commerce, including integration of check- Stripe partnered with The Hertz Corp. to streamline
out and marketing experiences, headless checkout, and payments and enhance the rental experience for Hertz,
more. The program offers training, support and docu- Dollar and Thrifty car rental brands. Hertz highlighted
mentation for partners, Bold Commerce noted. the partners' focus on fast service and reliable rentals.
Stripe and Hertz are collaborating on a product road
Galileo, The Bancorp to offer RTP via TCH map to meet specific payment needs, including extended
Galileo Financial Technologies, an independently oper- authorizations and consolidation of payments onto
ated SoFi subsidiary, expanded its partnership with The Stripe across Hertz locations globally. Stripe supports
Bancorp Bank to offer real-time payments via the RTP in-person bookings, online reservations with high API
reliability, and Apple Pay for U.S. rentals, the partners
noted.
Relay Payments, Solid Rock
Snapshot of Upcoming Events tackle card skimming
Relay Payments, a fintech providing payments
for the trucking industry, said it now handles
all of Solid Rock Carriers' over-the-road transac-
tions, combating fuel card fraud and streamlin-
ing unloading payments. The partners noted
that Solid Rock faced significant fraud issues,
and Relay provided a solution that saved time
and money and eliminated card skimming
concerns. They added that the partnership has
April 3- 4, 2024 improved efficiency, offering tailored report-
ing and real-time visibility. Relay noted that its
Albany Capital Center Albany, NY
https://northeastacquirers.com/neaa-2020-registration/ customer service and digital payment solutions
have gained traction in the industry, benefiting
fleets nationwide, and Relay continues to mod-
ernize trucking payments.
Socure, Trustly offer
onboarding, open banking
Socure and Trustly stated they formed a pio-
neering partnership, offering merchants and
fintechs a seamless onboarding and pay-by-
bank solution. By merging Socure's precise
identity verification with Trustly's Pay by Bank,
the partners noted, merchants can streamline
user onboarding and payment processing. The
integration boosts conversion rates by up to five
April 17 - 19, 2024 times, they noted, adding that it also reduces
onboarding time while ensuring regulatory
Mandalay Bay Las Vegas compliance.
https://transact2024.expotracker.net/home.aspx
They also mentioned that Trustly's vast mer-
chant network, including AT&T and T-Mobile,
benefits from this partnership, which addresses
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