 NORTHRIDGE, CA, June 28, 2021 GLOBE NEWSWIRE -- via NewMediaWire Innovative Payment Solutions, Inc. OTCQB: IPSI Innovative or the Company, a Southern California based fintech company focused on building a 21st-century universal digital payment platform, IPSIPayTM, today announced the acquisition of a 10 stake in Boston based startup Frictionless Financial Technologies, Inc. to collaborate on its suite of digital technologies. 