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Benzinga
Benzinga
Business
Lekha Gupta

XBP Global Partners With NYC To Modernize Parking Payments And Boost Efficiency

Will Ver Pay ‘Tax Liabilities’?

XBP Global Holdings, Inc. (NASDAQ:XBP) stock jumped over 15% on a new six-year agreement with the New York City Department of Finance but gave back previous gains.

The deal involves enhancing payment processing for parking violation tickets. As per the agreement, XBP will deploy its Lockbox Services platform to modernize the department’s payment operations.

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