U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB), has acquired Salucro Healthcare Solutions LLC. The Tempe, Arizona-based company provides healthcare financial technology, focused on patient payments and billing.
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Thera, a leading payroll and payments platform, has announced that it has raised a $4 million Seed round with participation from Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital. Notable angels in the round include Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform and expanding its team in New York City.
Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based community bank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobile banking for its commercial and retail customers.
Arch Lending, the most trusted crypto-backed loan provider, today announced $75M in funds raised, including an oversubscribed $5M equity seed round and a $70M loan financing facility. The equity round was co-led by Morgan Creek Digital and Castle Island Ventures with participation from Galaxy Ventures, BitGo Ventures, and more.
The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, today announced the addition of Lincoln Savings Bank (LSB) as its newest member. Founded in 1902, LSB is owned and managed by Iowans and offers full-service community banking and financial services, in addition to fintech and banking as a service offerings through its LSBX division.
Two transformative models are currently reshaping how financial services are developed, delivered, and consumed across the globe – headless banking and Banking-as-a-Service (BaaS).
Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon (BNY), Australian businesses and individuals who receive international payments from BNY’s customers may now be paid in as little as 60 seconds regardless of who they bank with.
DNA Payments has today announced its Pay at Reception, Pay at Counter and Pay at Table solutions are now available on Oracle Cloud Marketplace
The collapse of US Banking-as-a-Service (BaaS) provider Synapse highlights the importance of accurate reconciliations based on standardised data—and how those reconciliations impact customer fund safeguarding.
InvoiceASAP, a leading provider of invoicing and payment solutions for small and medium-sized businesses, has partnered with Adyen, the financial technology platform of choice for leading businesses, to level up their deposit experience by providing users with instant access to deposited funds.