Clearent by Xplor Launches PayFac as a Service to Help Software Providers Unlock Hidden Revenue
- 3 weeks 6 days ago
- Payments
Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, today announces the launch of its new PayFac as a Service (PFaaS) solution, designed to help Software-as-a-Service (SaaS) companies optimize their payments infrastructure, unlock new revenue streams, and streamline operations.
Bitso Expands Its Earnings Feature and Includes More Options to Multiply Cryptocurrencies
- 4 weeks 1 day ago
- Cryptocurrencies
Bitso announced the addition of four new cryptocurrencies to its Earnings feature. Starting today, earnings with ether (ETH) and solana (SOL) are available to all users, and cardano (ADA) and polkadot (DOT) will be added in the first week of December. These new options complement the earnings already available in digital dollars with USDC and USDT.
CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps to Protect Personal Data, Reduce Fraud, and Stop Illegal “Debanking”
- 4 weeks 1 day ago
- e-Payments
The Consumer Financial Protection Bureau (CFPB) today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps. The rule will help the CFPB to ensure that these companies – specifically those handling more than 50 million transactions per year – follow federal law just like large banks, credit unions, and other financial institutions already supervised by the CFPB.
Moody’s Acquires Numerated Growth Technologies, Expanding Lending Technology Solutions
- 4 weeks 1 day ago
- Lending
Moody’s Corporation announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody’s Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution.
TruStone Financial Credit Union Reduces Call Volume 20% with Eltropy AI Chatbot
- 4 weeks 1 day ago
- Artificial Intelligence
TruStone Financial Credit Union has significantly improved its member service capabilities through the implementation of an AI-powered chatbot using Eltropy’s Unified Communications platform. The chatbot, named “Ruth” after the credit union’s first bookkeeper, now handles nearly half of all member conversations independently and has reduced contact center call volume by 20%.
Mastercard Partners with Fundbot to Accelerate Payments Between Buyers and Suppliers Across Multiple Markets
- 1 month 1 hour ago
- Payments
Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a collaboration to accelerate business-to-business (B2B) payment flows across all industries. The two companies will launch a streamlined payments platform that seamlessly links buyers and suppliers.
Hello Alice Achieves Major Milestone, Crossing $50 Million in Total Grants Given to Small Business Owners
- 1 month 1 hour ago
- Infrastructure
Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections, and education, has achieved a significant milestone in its journey to help small business owners, having crossed $50 million in its grant programs since 2020.
Finix and Sift Introduce Advanced Fraud Monitoring, Enabling No-Code, AI-Powered Transaction Security
- 1 month 1 hour ago
- Fraud Detection
Finix, the full-stack payment processor enabling businesses to accept and send payments online and in-store, today unveiled Advanced Fraud Monitoring, a new no-code capability powered by Sift to help businesses better detect, monitor for, and p
One Inc and U.S. Bank Partner to Modernize Payment Solutions for Insurance Carriers and Policyholders
- 1 month 2 hours ago
- Insurtech
One Inc, the leading payments network for the insurance industry, announced today a partnership with U.S. Bank aimed at delivering a comprehensive, unified payment experience for Property & Casualty (P&C) and Life insurers. The collaboration will provide the seamless integration of U.S.
Nayax Launches Automated Self-Service in El Salvador, Accelerating Expansion into Latin American Market
- 1 month 2 hours ago
- e-Payments
Nayax Ltd., a global commerce enablement and payments platform designed to help merchants scale their business by simplifying payments and maximizing loyalty, today announced that it will launch its end-to-end automated self-service payment solution across El Salvador, enabling consumers to make secure cashless payments at automated machines w
minu Raises US$30 Million in Series B
- 1 month 2 hours ago
- Fundraising News
minu, the leading compensation and benefits platform in Mexico, announced that it has raised $30 million in a new investment round. The Series B round was led by QED Investors, with participation from new investors including Next Billion Capital Partners, Flourish Ventures, Promotora Impact Ventures, Endeavor Catalyst, Clocktower Technologies, and Working Capital Fund, in addition to existing investors FinTech Collective, Redwood Ventures,...
MQube Makes Its AI Chatbot Available to a Limited Number of Lender Partners
- 1 month 2 hours ago
- Artificial Intelligence
MQube, the mortgage technology company and parent of mortgage lender MPowered Mortgages is making its AI chatbot available to a limited number of other lender partners. The chatbot which is used by MPowered Mortgages has automated 90% of broker criteria questions. The chatbot uses large language models to ingest a lender’s policies and then provide instant, accurate answers to complex criteria questions.
Flexys and Billing Finance Extend Their Partnership to Fuel Further Digital Transformation
- 1 month 2 hours ago
- e-billing
Flexys, a provider of real-time debt management software, has renewed its partnership with Billing Finance. Billing Finance is on a transformation journey. The partnership with Flexys is part of a programme designed to more than double their monthly lend. It will also lay the groundwork for their long term future growth plans.
TBC Bank Uzbekistan Secures $10 Million from EBRD, Aims to Expand Financial Inclusion of Women
- 1 month 2 hours ago
- Fundraising News
TBC Bank Uzbekistan (TBC UZ), the country’s largest mobile-only bank, announces today it has secured a $10 million loan from the European Bank of Reconstruction and Development (EBRD).
K3 MStore Partners with DNA Payments to Deliver Unified Payment Solutions for Visitor Attractions
- 1 month 2 hours ago
- Payments
K3 MStore, the leading all-in-one retail platform for visitor attractions, is proud to announce an exciting partnership with DNA Payments, one of the largest independent omnichannel payments companies in the UK and EU. This collaboration will offer a seamless and unified payment solution for visitor attractions, enabling organisations to integrate their onsite and online payment systems effortlessly.