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IndustryUpdate




          Independent workers say slow                          PARTNERSHIPS
          unreliable payouts drive attrition
          As independent work rapidly grows, fintech leader       Bluefin, CI team up on PCI P2PE
          Runa released research highlighting how payout expe-    integrated payments
          riences impact gig worker retention and engagement.
          With over 60 million U.S. freelancers and projections   Bluefin, a provider of payment and data security, part-
          showing more than half the workforce will be indepen-   nered  with  Campus  Innovation  to  integrate  Bluefin’s
          dent by 2028, businesses face increasing pressure to meet   payment processing and PCI-validated point-to-point
          worker expectations.                                    encryption (P2PE) into Campus Innovation’s C-Park
                                                                  parking management platform. This collaboration
          Runa found that 70 percent of independent workers       enables universities to provide secure, seamless and effi-
          would quit or reduce work after negative payout expe-   cient parking payments for students, staff and visitors
          riences, while smoother payouts boost motivation and    while enhancing operational goals and user satisfaction,
          loyalty. Workers prioritize instant, reliable payments,   the partners said. C-Park offers a cloud-based, customiz-
          want more payout options like digital wallets and bank   able  solution  designed  to  optimize parking,  boost  rev-
          transfers, and cite high fees as a major pain point, Runa   enue and improve the campus experience. By leveraging
          stated, adding that fast, flexible payouts are critical for   Bluefin’s encryption and tokenization, transactions are
          retaining independent talent.                           protected against breaches, reducing PCI scope and
                                                                  ensuring data security while supporting universities’
          US Payments Business Forum                              critical parking revenue streams, Bluefin added.
          points to modernization's value
                                                                  CapyFast, Bidwise team up to transform marketing
          Finastra hosted its annual US Payments Business Forum   CapyFast, an embedded payments provider, and
          in April 2025, gathering financial institution leaders to
          explore payments modernization,  customer needs  and    Bidwise, a performance marketing platform, partnered
                                                                  to modernize payments in performance marketing. The
          industry innovation. Through expert presentations, pan-
          els and discussions, the forum highlighted the urgency   partners said the agreement will bring over $40 million
                                                                  in payment volumes to CapyFast and boost Bidwise’s
          for mid-tier banks to  adopt  cloud  and  SaaS payment
          solutions, address legacy system challenges and priori-  access to flexible working capital.
          tize ISO20022 compliance.
                                                                  By  integrating  real-time cross-border  payments, smart
          Speakers urged banks to shift from defense to offense   liquidity services and proprietary payment intelligence,
          by investing in payment technologies to retain custom-  the collaboration aims to speed up payouts, reduce costs
                                                                  and improve risk management. The partnership is also
          ers  amid  fintech  competition.  The  event  emphasized
          collaboration with fintech partners to enhance customer   expected to enable Bidwise and its partners to scale
                                                                  more efficiently, with infrastructure rollout starting in
          experiences and operational  efficiency, reinforcing the
          need for continuous innovation in a fast-evolving pay-  the third quarter of 2025 and full deployment by the first
                                                                  quarter of 2026.
          ments landscape.
                                                                  Nexi, Planet aim to enhance
          Zelle unveils new data in its
          first small business report                             hospitality payment experience
                                                                  Nexi Group and Planet signed a letter of intent to form
          Zelle  released  its  first  Small  Business  Report,  stating   a  strategic partnership  aimed  at  delivering  integrated
          that nearly 7 million U.S. small businesses use its fast,   digital payment solutions, with a strong  focus on the
          reliable payments to boost growth and reduce financial   hospitality sector. The collaboration will combine Nexi's
          uncertainty. Use of  Zelle to  pay small businesses  has   pan-European acquiring expertise, local payment accep-
          tripled in three years, supporting payments for every-  tance and customer operations with Planet's specialized
          thing from surf lessons in Los Angeles to vendor fees at   hospitality solutions, including acceptance technology,
          farmers markets, researchers found.
                                                                  platform integration and dynamic currency conversion,
                                                                  the companies stated.
          In 2024,  small  businesses  received  an  average  of  $465
          per transaction and sent an average of $630, often for   Together, they plan to create co-branded solutions that
          payroll or vendor payments. Zelle is most popular in    enhance customer experiences and improve merchant
          major commercial hubs and fosters stronger ties between   conversion rates. The joint offering will first launch in
          small businesses and community banks nationwide, the    the Nordics, with plans to expand into Italy and other
          company added.                                          European markets, providing  hospitality businesses
                                                                  with seamless, tailored payment solutions, the partners
                                                                  added.

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