Decentro, India’s leading Banking-As-A-Service startup, has launched its Penniless Bank Account Verification (BAV) API. Making it one of the first companies to launch such a product, it aims to help enterprises save over 5 - 10 man hours and close to Rs. 50 - 75 per onboarding of every new consumer or merchant. 

How Card Payments Can Help Savvy Buyers Save Money and Extend Their Days Payable Outstanding (DPO)

Revfin, a leading digital lending platform that finances electric vehicles, has raised $14m in a series B funding round. 

This significant injection of capital was led by Omidyar Network and was joined by the Asian Development Bank, Companion Capital Limited, a group of angel investors, and existing investors such as Green Frontier Capital and LC Nueva Investment Partners.

Scienaptic AI, a leading global AI-powered credit decision platform provider, announced its integration partnership with DigiFi, the financial industry's leading platform for automated digital lending. With this integration, DigiFi clients can seamlessly access Scienaptic’s advanced AI-powered signals for lending.

D•One, the open banking services business from The ClearScore Group, has today announced a new partnership with social purpose lender Salad Money. D•One offers financial partners such as Salad Money the ability to use consumers’ transaction data to make a fairer assessment of their eligibility for loans.

Wolters Kluwer, the software solutions giant, has today announced the launch of an expert financial technology solution aimed at helping the nearly 33 million U.S. businesses impacted by the beneficial ownership reporting rule under the Corporate Transparency Act (CTA).

Form3, the cloud-native account-to-account platform, today announces that it has strengthened its Board of Directors by appointing Anil Arora as an independent Non-Executive Director.

Ambitious payments solutions provider exactly. has secured a major partnership by adding Apple Pay to its list of integrated payment systems - empowering merchants to process transactions via one of the most popular mobile payment systems worldwide. 

The integration of Apple Pay offers exactly. customers an even more convenient and secure way to manage their finances and payment methods - enabling purchases through Apple Wallet apps. 

New generations (in particular, Generation Z) are super digital. They have never known the analogue world and they are not looking back.

Younger people prefer convenient mobile-enabled payments, driven by a broad variety of wallets provide value beyond just making a payment. These payments often offer a quick “tap and go” experience and increasingly in 2024, more payments will happen invisibly, without even the friction of a tap or indeed any manual initiation of the payment.

In with the old, as good as new

The first use of a commercial card for a B2B payment was recorded by the travel industry in 1937. Yet nearly a century later, commercial cards are still not a widespread B2B payment method. Why? They are often hampered by security concerns, supplier acceptance, and incompatibility with existing financial systems.