Goldman Sachs and Modern Treasury partner for embedded payments initiative
Modern Treasury and Goldman Sachs Transaction Banking aim “to accelerate the shift to embedded payments”.
PayTech
ICYMI fintech funding round-up: Kippa, Payall, Trek Health and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US credit card start-up Power raises $316m funding
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
US fintech Kafene lands $18m in Series B funding
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
TD Bank and DailyPay team for real-time earned wage access
The partnership will allow the bank’s clients to give their employees access to earned wages before payday.
Bottomline acquires AP automation and real estate payments specialist Nexus Systems
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Software management start-up Cledara lands $20m Series A
The money raised by Cledara will go towards the US expansion.
PayPal names John Kim as its new chief product officer
As PayPal’s EVP and CPO, Kim will lead the consumer and merchant product and engineering teams.
FinovateFall 2022: Q&A with MoneyGram chairman and CEO Alex Holmes
FinTech Futures chats with Alex Holmes about the evolution of cross-border money movement.
JP Morgan to acquire US paytech firm Renovite
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
US paytech Aurora snaps up One Payment
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
FinTech Futures: Top five stories of the week – 9 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Apple Pay edges out Mastercard with more than $6tn in ATV
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
Paytech firm Cantaloupe announces executive leadership changes
Ravi Venkatesan will take over as CEO with Sean Feeney set to retire at the end of September.
White paper: Financial services marketing – how to leverage referrals
This free referral marketing guide explains how a brand can flourish by utilising customer-specific tactics.
Mesh Payments lands $60m in Series C funding
The new money will be used to expand its go-to-market efforts and accelerate product innovation.
FinTech Futures: Top five stories of the week – 2 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Webinar: Mitigating fraud and risk on the ACH network
Hear from Nacha and Modern Treasury experts how to effectively manage risk and minimise fraud in ACH payments.
Banking Technology Magazine September 2022 issue out now
Cover story: MONEY PUZZLE – Helping US arrivals get on track financially.
Zepz appoints former Bill.com exec Mark Lenhard as group CEO
Lenhard has 20 years’ experience in the payments space.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
Diebold Nixdorf hires Joe Myers as executive vice president
Myers will head up the US firm’s banking business, handling sales and solutions delivery.
FinTech Futures: Top five stories of the week – 26 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Chekk, Hello Clever & Zywa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
LatAm fintechs Belvo and Rebill raise funds
Latin American fintech start-ups Belvo and Rebill are among the lucky recipients of new funds.
US fintech funding round-up: Deposits, Highline & Kasisto
The latest recipients of funding in the US fintech space.
The role of the payments industry in saving people and planet
Changing the way we make payments can have a substantial positive impact on our society’s carbon emissions.
PayTech Awards 2022 Winners Supplement out now
Commending the most impactful, innovative and successful projects, products and people in payments.
The ‘stablecoin spring’: how new UK rules signpost the future of payments
The Financial Services and Markets Bill signals the next stage of the UK’s efforts to regulate digital assets.
Paytech start-up CabbagePay launches in the US
The firm’s prebuilt CabbageLink technology can be integrated into mobile apps and online stores.
US paytech Celero snaps up Community Bankers Merchant Services
With the acquisition, Celero says it will serve 53,000+ merchants in the US, processing $21bn in annual card volume.
Paytech firm Elavon hires Hemlata Narasimhan as president of European operations
Narasimhan previously served as senior vice president of Visa’s merchant and acquiring business in Europe.
Gravity Payments CEO Dan Price resigns, Tammi Kroll to take over
Gravity’s new CEO thanked Price for “his time forming and leading” the company.
How open banking payments will help businesses keep up
With open banking, businesses have what they need to provide a frictionless checkout experience.
ICYMI fintech funding round-up: Farther, BankiFi, Highbeam and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
PayTech Awards 2022 Winner: Gr4vy – Best Cloud Payments Solution
Gr4vy is the only payment orchestration platform built natively in the cloud with dependable cloud-native serverless infrastructure.
Remitly set to acquire Israeli fintech Rewire for $80m
The transaction is expected to close in H2 2022 subject to regulatory approvals.
Paytech consultancy Focused Labs joins Stripe partner ecosystem
Focused Labs builds custom software products and integrations, including core payments infrastructure.
Paytech Nium appoints Ramana Satyavarapu as new CTO
In his new role, Satyavarapu will be responsible for managing Nium’s global engineering and technology strategy.
New debit card fintech Seltz gears up for launch in the US
There are currently over 1,300 sign-ups for the debit card’s waitlist.
