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Dakota Raises $12.5M In A Series A Funding Round Led By CoinFund To Bring Banking Into The Internet Age

Dakota, the crypto-integrated business banking platform, today announced it has raised $12.5 million in a Series A funding round led by CoinFund, with participation from 6th Man Ventures (6MV) and Triton Ventures. The new capital will accelerate Dakota's mission to build the world's first globally accessible business bank account, combining the speed and transparency of stablecoins with the safety of U.S. Treasuries to enable modern, borderless finance.

Tuesday, July 15, 2025 - 16:31
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/news/fundraising-news/dakota-raises-125m-series-funding-round-led-coinfund-bring-banking-internet
Financial IT
Billtrust Unveils Major Collections Software Innovations, Ushering In A New Era Of AI-Powered, Intelligent Accounts Receivable

Billtrust, a B2B accounts receivable workflow and payment software market leader, today announced new innovations in its Collections solution, delivering a new standard for AR teams by unifying advanced automation, AI-driven insights, and seamless agentic AI workflows. These innovations empower finance teams to streamline collections, resolve disputes faster, and make smarter credit decisions—all from a single, intelligent platform.

Tuesday, July 15, 2025 - 16:26
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/news/artificial-intelligence/billtrust-unveils-major-collections-software-innovations-ushering-new
Financial IT
Abound Credit Union Invests In Technology Modernization With Jack Henry

Jack Henry™ announced today that Abound Credit Union has selected the Symitar® core platform and its complementary cloud-based solutions to modernize the banking experience for its more than 130,000 membe

Tuesday, July 15, 2025 - 14:53
66191
/news/infrastructure/abound-credit-union-invests-technology-modernization-jack-henry
Financial IT
Clover Enhances All-In-One Platform With Homebase, Empowering Small Businesses With Integrated Workforce Management

Clover, the world's smartest point-of-sale system, under parent company Fiserv, today announced system enhancements with integrated workforce management capabilities from Homebase, the all-in-one platform for small business team management.

Tuesday, July 15, 2025 - 14:50
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/news/management/clover-enhances-all-one-platform-homebase-empowering-small-businesses-integrated
Financial IT
178 And Rising: Zelle® Accelerates Community Bank And Credit Union Adoption

Zelle today announced that at least 178 new financial institutions from communities in all parts of the country have gone live with or signed up to bring the popular money transfer service to their customers during Q4 2024 and Q1 2025. With the addition of these new banks and credit unions, there will be more than 2,300 financial institutions on the Zelle Network® – 95% of which are community banks and credit unions.

Tuesday, July 15, 2025 - 14:34
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/news/banking/178-and-rising-zeller-accelerates-community-bank-and-credit-union-adoption
Financial IT
Nutanix Study Finds Financial Services Fast‑Tracking GenAI Adoption—But Long‑Term Gains Hinge On Infrastructure And Talent

Nutanix, a leader in hybrid multicloud computing, announced the findings of its seventh annual global Financial Services Enterprise Cloud Index (ECI) survey and research report, which measures enterprise progress with cloud adoption in the industry.

Tuesday, July 15, 2025 - 14:31
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/news/infrastructure/nutanix-study-finds-financial-services-fast-tracking-genai-adoption-long-term
Financial IT
JustPaid Unveils AI‑Powered Innovations To Supercharge Finance Automation, Including Pricing Page Builder

JustPaid, the AI-powered revenue automation platform backed by Y Combinator, has launched three exciting new features this summer, designed to streamline workflows, accelerate growth, and put intelligent automation at the center of how businesses manage finance.

Tuesday, July 15, 2025 - 14:29
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/news/artificial-intelligence/justpaid-unveils-ai-powered-innovations-supercharge-finance-automation
Financial IT
Mastercard And OnePay Power Near Real-Time Remittances For Workers In The UK

OnePay has launched an enhanced payment solution using Mastercard technology that combines fast, secure cross-border payments with a Debit Card and digital account. The payment solution gives workers flexible, near-real-time access to their earnings and the ability to send money home with confidence.

Tuesday, July 15, 2025 - 13:15
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/news/payments/mastercard-and-onepay-power-near-real-time-remittances-workers-uk
Financial IT
myTU Enables Instant Global Payouts With Visa Direct And Mastercard Cross‑Border Services

myTU, an AI-native, cloud-first digital bank, today announced the successful onboarding of Visa Direct and Mastercard Cross-Border Services into its payments infrastructure. This integration empowers businesses and individuals to send real-time payouts, including salaries, insurance claims, refunds, and gig-economy payments to eligible Mastercard and Visa cardholders, as well as directly to bank accounts in supported markets.

Tuesday, July 15, 2025 - 13:00
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/news/payments/mytu-enables-instant-global-payouts-visa-direct-and-mastercard-cross-border-services
Financial IT
Monzo Unveils Flexible Home Insurance For Homeowners

Leading digital bank Monzo today launches Monzo Home Insurance, a combined buildings and contents policy that gives homeowners an easier, faster and more flexible way to protect their home and belongings.

Tuesday, July 15, 2025 - 12:56
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/news/insurtech/monzo-unveils-flexible-home-insurance-homeowners
Financial IT

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