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Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. Corporate payment approvals completed via the CashPro App surpassed a record $500 billion as of the middle of this year – up nearly 40% compared to the middle of last year – and are on pace to reach a trillion dollars by the end of 2024.
CashPro app video
SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced today its integration with Apple Pay® that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet.
UserTesting, a SaaS leader in experience research and insights, today announced its collaboration with Banco de Sabadell, S.A., marking the establishment of UserTesting’s QXscoreⓇ as the bank’s benchmark for digital quality and satisfaction. The bank now mandates a minimum QXscore of 85 for its digital offerings prior to their market release.
My EU Pay, the financial institution that offers frictionless payments and FX to businesses, has partnered with ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, to provide a range of banking services for their clients.
Wealthify today announces the appointment of a new CEO, Richard Ambrose, formerly of Azimo, PayPal, and eBay. Ambrose takes over from Andy Russell who, having led the business to new levels of growth over the last four years, has decided that now is the right time to move onto the next phase of his career.
bunch, the fintech company transforming private markets, announced the successful closing of its $15.5 million Series A. The round is led by global investor FinTech Collective, and existing investors including Cherry Ventures and Motive Ventures are doubling down. Top private market experts such as Broadhaven Ventures and former AngelList Europe Head Philipp Moehring's TinyVC, as well as angel investors including founders and executives of Klarna, Moonfare, and Kinnevik participated.
Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced an expansion of its partnership with Stripe, a financial infrastructure platform for businesses, to help improve cash flow management and payment processing for SMBs.