Mastercard and Salesforce Announce Integration to Improve Transaction Disputes Process by Omar Faridi

Fintech Aeropay, a Pay-By-Bank Solution Provider for Businesses, Announces $20M Series B Financing

Aeropay, a provider of Pay-By-Bank solutions for businesses, today announced $20 million in Series B financing. Los Angeles-based fintech venture capital firm Group 11 led the round “with participation from Chicago Ventures and Continental Investment Partners.” The investment round comes at a time when Aeropay… Read More

SIX Digital Exchange Reaches Key Milestone with 1 Billion Swiss Francs in Digital Assets on Platform

SIX Digital Exchange (SDX) announces that digital asset issuances facilitated on its platform will surpass 1 billion Swiss Francs (CHF) with the settlement of the CHF 200mn bond by the World Bank priced on 15 May. This achievement marks a key advancement in “the realm… Read More

UK Payment Systems Regulator Determines Mastercard and Visa Do Not Have Enough Competition

Today, the UK Payment Systems Regulator (PSR) has decided that cards do not face effective competition. The PSR states that it has “provisionally” determined there is not enough competition in the supply of scheme and processing services to acquirers. Additionally, pricing is complicated, having risen… Read More

Experian Invests in Reward, Affirms Commercial Relationship

Experian (LSE:EXP) has made a strategic investment in Reward. According to a release, the investment strengthens the current commercial relationship between the two firms. The terms of the investment were not provided. Experian said that the partnership will focus on leveraging Experian’s data and audience… Read More

Copenhagen’s Softpay Announces Integration of its Tap-to-Pay App into iMin Ecosystem

Softpay has announced the integration of the Softpay Tap-to-Pay App into the iMin ecosystem. The app can be downloaded from the iMin App Store and “used directly from the iMin Swift 1 Pro smart POS device and the Swift 2 Pro mobile POS device.” This… Read More

Working Capital Fintech C2FO Launches National MSME Funding Platform in India

C2FO announced the launch of C2treds, the global fintech’s first national platform that expands working capital access “to all micro, small and medium enterprises (MSMEs) in India.” C2FO is the latest and only US-based fintech “to join the Trade Receivables Discounting System (TReDS), distinguishing itself… Read More

TRIVER and Experian to Boost Lending to SMEs

Businesses looking for short-term capital can access funding in rapid time thanks to a new partnership between Experian and alternative lender, TRIVER. TRIVER aims to enhance the SME lending process “by underwriting the risk of small business borrowing quickly and easily, providing advances on business… Read More

Australia’s CBA Cautions Small Businesses Against Tax Time Scams

Commonwealth Bank is urging small businesses to be extra vigilant this tax season, as scammers use sophisticated tactics to rob hardworking Australians of their tax returns. With the end of financial year approaching, scammers and cybercriminals “generally ramp up their tax scam activity, using phishing… Read More

Synapse Failure Impacts Other Fintechs, Crowdfunding Platforms

Synapse, a Banking as a Service (BaaS) provider labeled in 2023 as one of the World’s Best Fintech Companies by CNBC, is in the throes of bankruptcy. In just a few short months, things have changed dramatically at Synapse it seems. It has been reported… Read More

Genesis Global and Inovotek Solutions to Support Software Innovation in Financial Markets Sector

Genesis Global and Inovotek Solutions, an IT consultant and Murex integration specialist, announced they are partnering to accelerate software innovation in the financial markets industry. The firms will apply the power of the Genesis Application Platform and the expertise in Inovotek’s team of more than… Read More

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