Fiserv Named One of America’s Most Innovative Companies by Fortune for Second Consecutive Year

• 10 months 3 weeks ago
• Infrastructure

Fiserv, Inc., a leading global provider of payments and financial technology solutions, has been recognized as one of Fortune® America’s Most Innovative Companies for the second consecutive year. This designation highlights organizations that are at the forefront of innovation in the United States.

Intuit QuickBooks Introduces Line of Credit

• 10 months 3 weeks ago
• Lending

Intuit QuickBooks has expanded the small business lending options available through its platform with the launch of QuickBooks Line of Credit. QuickBooks Line of Credit gives small businesses a new way to access fast, flexible funding from $1,000 to $50,000, with loans issued by WebBank.

PayPal Ventures Co-leads Qoala's $45 Million Series C Funding Round

• 10 months 3 weeks ago
• Fundraising News

Omnichannel InsurTech Qoala announced the completion of its Series C funding round, raising USD 47 million led by PayPal Ventures and MassMutual Ventures.

Payop Partners with Tink for Pay by Bank and Sees Surge in Use

• 10 months 3 weeks ago
• Open Banking

Payop, an international payment processor and a payment aggregator, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its checkout options. Payop works with a variety of merchants from small e-commerce stores to large enterprises, offering a unique checkout solution with numerous payment solutions.

Paysend and Currencycloud Sign Major Global Expansion Deal

• 10 months 3 weeks ago
• Money Transfers

Currencycloud, experts simplifying business in a multicurrency world, and Paysend, a global fintech leader in international money transfers, have announced a major expansion to their longstanding partnership that will see Paysend expand its services around the world. The deal will see Currencycloud boost Paysend’s FX and treasury capabilities, with the fintech becoming a key partner of cross-border money movement flows for Paysend across the US...

Juni Moves to Direct Issuing with Mastercard

• 10 months 3 weeks ago
• Payments

Juni, the financial platform for digital commerce, announced today it has received a Mastercard Issuing License. Through this, Juni can issue Mastercard cards directly to its European customers, removing its dependence on third parties and strengthening its existing payments tech stack.  

Plumery Unveils Availability of Digital Success Fabric on Google Cloud Marketplace

• 10 months 3 weeks ago
• Banking

Plumery, a digital banking experience platform for true customer-centric banking, is pleased to announce its availability on Google Cloud Marketplace. This marks a significant milestone in Plumery’s mission to guide challenger and incumbent banks in developing customer experience layers that help them to deliver banking mobile and web applications 50% faster, at a fraction of the cost, unlocking rapid continuous innovation.

ZayZoon Raises $15M in Series B Extension

• 10 months 3 weeks ago
• Fundraising News

ZayZoon, the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, today announced it has raised US $15 million in an extension of its Series B financing. This round extension brings ZayZoon’s total Series B funding round to 49.5 million USD. The round was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners, and Export Development Canada (EDC).

Ebury Expands Footprint in Africa through Strategic Partnership with dLocal

• 10 months 3 weeks ago
• Payments

Ebury, the global financial services firm, is proud to announce its partnership with dLocal, a leading cross-border payment platform specializing in high-growth markets. This collaboration marks a significant leap forward for Ebury, reinforcing its commitment to empowering businesses with seamless access to Emerging Markets across Africa.

Varo Bank Introduces Expanded Access to Credit and In-App Budgeting to Ease Financial Stress for Cash-Strapped Americans

• 10 months 3 weeks ago
• Lending

Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S., today announced the introduction of two new products designed to help Americans relieve growing financial pressure.

Report: Gen Z is the Closest Generation to Fraud, Both as Victims and Perpetrators, Sift Data Shows

• 10 months 3 weeks ago
• Security

Sift, the AI-powered fraud platform securing digital trust for leading global businesses, today released its Q1 2024 Digital Trust & Safety Index, which found that younger generations are not only more susceptible to fraud, but are also committing it at a higher rate. The report shows that 33% of Gen Z survey respondents know someone who has, or have personally, participated in payment fraud, compared to only 10% of Baby Boomers.

TreviPay Introduces New Financing Option and Payment Application Features for B2B Net Terms Programs

• 10 months 3 weeks ago
• Payments

Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years

• 10 months 3 weeks ago
• Payments

After nearly 20 years of litigation, Visa today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments. The agreement’s multi-year benefits for businesses include:

Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process

• 10 months 3 weeks ago
• Lending

Epic River, a lending-as-a-service platform provider that aims to provide a premium customer experience to every community bank and credit union in the country, today announced its integration with Finastra’s LaserPro loan documentation system. The partnership significantly streamlines the loan closing documentation process and supports consumer, commercial and real estate loan types.

Barclays and Breeze Airways Unveil the Breeze Easy Visa Signature Co-Branded Credit Card

• 10 months 3 weeks ago
• Payments

Breeze Airways and Barclays US Consumer Bank today announced the debut of the Breeze Easy™ Visa Signature® credit card.