Zone & Co Launches Direct Bank Connectivity for ZoneReconcile
- 3 weeks 1 day ago
- Banking
Zone & Co, the ERP-native financial operations platform that unifies order-to-cash and procure-to-pay workflows at scale, today announced the launch of direct bank connectivity within ZoneReconcile. The new treasury feature allows finance teams to connect directly to more than 12,000 banks and financial institutions across the U.S., Canada and the European Union, streamlining transaction imports without leaving their ERP environment.
UPI Launches Program to Extend Payment Network for International Students
- 3 weeks 1 day ago
- Payments
UnionPay International (UPI), a global leader in payment solutions, announced the launch of its program for international students, in partnership with multiple universities, tuition payment platforms, student housing operators, and local banks.
Ripple Commits $25M to Boost American Small Businesses and Veteran Career Success
- 3 weeks 1 day ago
- Infrastructure
Ripple, a financial technology company that offers crypto solutions for businesses, today announced a $25 million commitment to leading nonprofits Accion Opportunity Fund and Hire Heroes USA. This funding, delivered in Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin, will expand access to capital for underserved small business owners and create career pathways for veterans and military spouses. It will also equip entrepreneurs with...
Bolt Launches Activate, a Founder-First Program to Accelerate Growth in Digital Commerce
- 3 weeks 1 day ago
- E-Commerce
Bolt, the checkout, identity and payments leader powering faster, smarter commerce, today announced the launch of Bolt Activate, a new program designed to help the next generation of innovative digital commerce founders bring their ideas to market faster and scale with confidence.
Street Wallet Acquires Digitip to Accelerate Financial Inclusion for Informal Workers in South Africa
- 3 weeks 1 day ago
- Payments
Street Wallet, the South African fintech empowering informal traders and service providers with accessible, low-cost digital payment solutions, is delighted to announce its acquisition of Digitip, a South African startup enabling informal workers to receive digital tips. The move strengthens Street Wallet’s footprint in KwaZulu-Natal and accelerates its mission to empower informal traders to enter the digital economy.
Bivial AG Launches Instant 24/7 Swiss Franc (CHF) Payments
- 3 weeks 2 days ago
- Payments
Swiss Financial Institution, Bivial AG, is pleased to announce the launch of instant 24/7 CHF payments through the SIC Instant Payments (SIC IP) clearing system. As an early adopter of this national infrastructure, Bivial now enables all clients to send and receive Swiss Franc payments instantly, 24/7, 365 days a year.
VoPay Expands Embedded Payments Offering With Real-Time PayPal and Venmo Payouts
- 3 weeks 2 days ago
- Payments
VoPay, a leading provider of Embedded Payments and Treasury-as-a-Service solutions, today announced an extension of its payment orchestration platform with real-time payouts to PayPal and Venmo. Effective immediately, businesses in North America can send funds directly to PayPal and Venmo accounts, unlocking faster, more flexible, and highly inclusive payout options.
Extend Secures $20 Million in New Capital and Hires Seasoned CFO
- 3 weeks 2 days ago
- Fundraising News
Extend, a leading spend and expense management platform, today announced it has secured $20 million in additional capital, including new venture debt and an equity investment led by B Capital, with participation from March Capital, Point72 Ventures, FinTech Collective, and new investor, Commerce Ventures.
Aleo Appoints Deborah Marfurt as Chief Financial Officer
- 3 weeks 2 days ago
- People Moves
The Aleo Network Foundation, the non-profit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announced the appointment of Deborah Marfurt as Chief Financial Officer. Her appointment marks the next phase of Aleo’s expansion, building on recent partnership momentum with Binance Alpha, Revolut, Global Dollar Network, and Request Finance.
Spreedly Acquires Dodgeball to Link Payment Optimization with Fraud Prevention
- 3 weeks 2 days ago
- Payments
Spreedly, a leading open payments platform, today announced its acquisition of Dodgeball, a modern fraud orchestration company. The acquisition brings payments optimization and fraud management under one platform, while advancing Spreedly's artificial intelligence and open payments strategy.
Stablecore Raises $20M to Bring Stablecoins, Tokenized Deposits and Digital Assets into Banks and Credit Unions
- 3 weeks 2 days ago
- Fundraising News
Stablecore, the platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits and digital asset products, today announced $20 million in funding. Led by Norwest and with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund and others, which represent more than 290 limited partner banks and credit unions, this news comes at a crucial...
Communities Use Rules to Successfully Maintain Access to Cash
- 3 weeks 2 days ago
- Cash management
The rules mean that before banks and building societies change cash services, such as closing a branch or ATM, they must assess the impact. If significant gaps in cash access are found, they must plug them. Monmouth is the 121st banking hub to open in 12 months. A further 93 cash deposit services – such as ATMs and Post Office counters - have also been set up. 20 of the banking hubs were established following requests from local communities...
MongoDB Launches AI-Powered Application Modernization Platform to Reduce Technical Debt and Speed Innovation
- 3 weeks 2 days ago
- Artificial Intelligence
MongoDB, Inc. today announced the launch of MongoDB AMP, an AI-powered Application Modernization Platform that helps enterprises quickly transform legacy applications into modern, scalable services. MongoDB AMP helps customers modernize through the fusion of an AI-powered software platform, a proven delivery framework, and experienced AMP delivery engineers who oversee and guide the implementation process—a powerful combination of tools,...
Helvetia and Qover Announce Multi-Product Partnership for Embedded Insurance Solutions
- 3 weeks 2 days ago
- Insurtech
Qover, a leading insurtech company driven by a vision of creating a global safety net through insurance, and Swiss insurer Helvetia announce an in-depth collaboration that strengthens their partnership and expands their joint capabilities across multiple insurance product lines and markets.
PayNearMe Secures $50M to Advance the Future of Payment Experience Management
- 3 weeks 2 days ago
- Fundraising News
Today, PayNearMe, a leading fintech transforming the payment experience for non-commerce businesses and their customers, announced a $50 million Series E investment from AVP (Atlantic Vantage Point) through its Growth Fund I. The investment will accelerate PayNearMe's expansion into new markets and fuel ongoing investment in products that simplify the end-to-end payment experience for its clients.