Page 15 - GS190901
P. 15

IndustryUpdate




        and dispute management, to offer comprehensive dispute   without any additional data entry; merchants can control
        management tools to users of BlueSnap's payment pro-    multichannel operations with Ecomdash while automat-
        cessing  solutions.  With  built-in  capabilities  powered  by   ing the movement of financial data to their Xero account,
        Chargebacks911, BlueSnap customers now have the abil-   the partners stated. Kevin Loomis, CIO of Ecomdash, add-
        ity to access advanced mitigation services – as well as   ed, "Giving our merchants the ability to automate as many
        industry-leading chargeback prevention and management   tasks as they can, at a price they can afford, will ultimately
        tools – through BlueSnap's exclusive all-in-one payment   allow them to focus on advancing their businesses."
        platform, BlueSnap said.
                                                                  Envestnet | Yodlee, a NACHA Preferred Partner
          BlueStar, Newcastle Systems join forces
                                                                NACHA reported that Envestnet | Yodlee became a NA-
        BlueStar, a distributor of solutions-based digital identifica-  CHA Preferred Partner. As such, the company joined a se-
        tion, mobility, network infrastructure and security tech-  lect group of innovators contributing to NACHA's strategic
        nology, is partnering with mobility technology provider   efforts in support of the payments ecosystem by removing
        Newcastle Systems Inc. BlueStar's partner network will   friction, increasing ease, improving cash flow accessibility
        be able to offer several Newcastle Systems' mobile pow-  and efficiency, as well as supporting sound risk manage-
        ered products and mobile workplace mobility solutions.   ment and security for ACH payments, NACHA said.
        Mike Byington, vice president of business development at
        BlueStar, said, "Newcastle Systems' products, services, and   ACQUISITION
        support will aid our customers in their ability to expand
        their business."
                                                                  DoorDash to buy Caviar from Square
          Ecomdash, New Xero integrate
                                                                U.S. food delivery startup DoorDash entered an agreement
        Ecomdash, a multichannel inventory solution, integrated   to  acquire  Square's  food  delivery  app,  Caviar,  for
        with global small business platform Xero. Ecomdash us-  approximately $410 million in cash and DoorDash stock.
        ers can now access accurate inventory and financial data   Caviar will retain its leadership team, and its restaurant
   10   11   12   13   14   15   16   17   18   19   20