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Buy. Hold. Earn Rewards. PayPal Unlocks Rewards for Holding PayPal USD

PayPal Holdings, Inc. today introduced rewards for PYUSD, a new loyalty offering that will provide US users the ability to earn 3.7% annually in rewards on holdings of PayPal USD (PYUSD) in their PayPal or Venmo wallets.

Friday, April 25, 2025 - 14:39
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Financial IT
IFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating With Visa on Debit Card

iFAST Global Bank is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.

Friday, April 25, 2025 - 14:31
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Financial IT
Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings

Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company's mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech innovation.

Friday, April 25, 2025 - 12:34
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Financial IT
RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge

New research from RedCompass Labs shows that RTP and FedNow’s rising transaction limits are making instant payments significantly more attractive for U.S. banks.

84% of US banks say the new $10 million RTP® limit boosts its attractiveness, and 84% believe raising FedNow’s $500,000 cap will have the same effect.

Friday, April 25, 2025 - 11:27
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Financial IT
Fintech LendMN Raises $20 Million USD to Drive Tech-Led Financial Inclusion

Mongolia's first digital lending fintech, LendMN, a subsidiary of AND Global, has today announced a $20 million USD debt financing from Lendable, a leading debt finance provider to leading technology-enabled companies in emerging and frontier markets that focuses on promoting a more economically just and environmentally sustainable world.

Friday, April 25, 2025 - 10:32
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Financial IT
UnionPay International and Dojo Partner to Expand Card Acceptance Across the UK

UnionPay International , dedicated to providing seamless global payment network, has announced a strategic partnership with Dojo, the UK's leading SME payment provider.

Friday, April 25, 2025 - 10:18
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Financial IT
Sopra Steria Enables Banks to Enter the Crypto-Asset Market with a Complete and Tailored-Made Offer

Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This solution is built on three technological assets with Fireblocks (secure digital asset management), Chainalysis (compliance) and Wyden (order execution and trade management), offering an integrated response to regulatory and operational challenges.

Friday, April 25, 2025 - 10:12
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Financial IT
VoPay Launches Embedded Cross-Border Solution – A “Shopify for Global Payments”

VoPay, a leading provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution.

Friday, April 25, 2025 - 10:08
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Financial IT
SoFi Helps Student Loan Borrowers Navigate Life Transitions with New Flexible Refinance Option

SoFi Technologies, Inc. is making student loan repayment more flexible with the launch of SmartStart, a new refinance option.

Friday, April 25, 2025 - 10:05
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Financial IT
Nu Mexico Receives Banking License Approval, Paving the Way for Product Portfolio Expansion and Increased Financial Inclusion

Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector.

Friday, April 25, 2025 - 09:58
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Financial IT

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