U.S. Bank announced today that it has been selected to serve as the custodian for reserves backing Anchorage Digital Bank’s payment stablecoins. Anchorage Digital Bank is the only crypto-native bank in the U.S. to hold a federal charter, operating under the direct oversight of the Office of the Comptroller of the Currency (OCC).
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LemFi, the leading AI-powered international payments platform dedicated to building financial products and services for immigrant communities, today announced the launch of Send Now, Pay Later (SNPL), a credit-powered remittance product that allows its 2 million+ global customers to use their LemFi credit line to send money home to their families when they need it most.
ClearBank, the enabler of real-time clearing and embedded banking, today announces its partnership with innovative payroll software platform PayCaptain, powering real-time salary payments for more than 50,000 employees across its network of over 300 corporate clients.
FloQast, an Accounting Transformation Platform created by accountants for accountants, today announced that Halfords, the UK's leading retailer o
Equifax UK has launched Equifax Basic, a new and improved way for consumers to monitor their financial health and better understand their credit history. The new Equifax Basic account refreshes a user’s Equifax Credit Score on a monthly basis and will also include access to their statutory credit report.
Google Payment Lithuania is launching a bank account verification service, a new optional solution designed to enhance the customer experience for business customers across Europe. The service is provided in collaboration with Open Banking infrastructure platform Yapily.
The new optional service streamlines the bank account verification process for European business customers, enabling faster account activation and service access, through a secure, user-directed flow.
With payments emerging as a battleground for driving revenue growth, global retailers are accelerating their multi-acquirer strategies to stay ahead, according to a new survey conducted by ACI Worldwide and Payments Dive. The report Unlocking Opportunity: How Payments are Powering Merchant Growth reveals that 97% of global retailers are already working with multiple acquirers, and that 96% of those using two or more acquirers report an increase in revenue.
Fraud is draining business resources at an alarming and unprecedented rate.
FreedomPay, the global leader in Next Level Commerce™ technologies, welcomes Chase Payment Solutions℠ as an acquirer of choice to their Merchant Centered Acquiring (MCA) program. MCA by FreedomPay, a referral advisory service, connecting merchants with pre-qualified payment processors. Chase Payment Solutions, a part of J.P. Morgan Payments, provides in-store, online and on-the-go payment solutions for small and mid-sized businesses (SMBs).
Jiko, the only platform built 100% on U.S. T-bills to power the world’s liquidity, today announced strategic backing by Coinbase and Blockstream Capital Partners. Alongside this investment, Jiko is entering new strategic partnerships with leading industry players, including Crypto.com, Blockstream Capital Partners, Bitso, and Coinbase. These strategic partners will join a growing number of institutions adopting Jiko as a banking partner to utilize its U.S.