American Fintech Council Comments on New York State Budget and BNPL Provision Including New Regulations

Kathy Hochul, the Governor of New York, has signed legislation that aims to regulate Buy Now Pay Later (BNPL) providers. The legislation seeks to make it easier for consumers to cancel subscriptions, require platforms to post return and refund policies, make “surveillance price” more transparent,… Read More

Canadian Fintech Wealthsimple Deploys Eventus’ Validus Platform for Trade Surveillance Across Asset Classes

Eventus, a provider of trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s financial services platforms, serving “more than three million clients, with $50+… Read More

Digital Bank Chetwood Bank Reports £4 billion in Customer Savings Deposits

Chetwood Bank, a digital bank challenging established incumbents, says it has now topped £4 billion in savings deposits. Last year, at the end of March, Chetwood reported £2.86 billion in deposits. Chetwood benefits from a current interest rate of 4.52% paid to its “easy access”… Read More

Ramp, Stripe to Launch Stablecoin-Backed Corporate Cards

Ramp, a corporate card and financial operations platform, will expand its issuing partnership with Stripe, a programmable financial services company, to launch stablecoin-backed corporate cards with fully integrated spend management software. Businesses today face massive hurdles moving money internationally: Payments routinely take five or more business days to settle, each transaction… Read More

UK Fintech GoCardless Announces Giacom Integration for Cloud Market Tools

Global bank payment company GoCardless has announced a new integration with Giacom’s Cloud Market Tools billing platform. The integration enables Giacom channel partners to manage Direct Debit payments from within their billing system, “helping them simplify collections, improve cash flow, and reduce operational overheads.” This… Read More

Green Dot to Add Features to Samsung Wallet

This past week, Green Dot (NYSE: GDOT) announced a new partnership with Samsung Electronics to add new features and functionality to Samsung Wallet. Leveraging Green Dot’s configurable embedded finance platform, Arc, Samsung Wallet’s U.S. users will soon have access to Tap to Transfer, a peer-to-peer… Read More

Melio, Gusto, Partner on Business Invoicing

Melio, an accounts payable and receivable platform, and Gusto, a payroll, HR, and benefits provider for more than 400,000 small and mid-sized businesses, are partnering on business invoice services. Gusto is the latest in a growing list of financial institutions, SaaS providers, and e-commerce platforms to choose Melio’s… Read More

TreviPay Debuts Pay by Invoice

TreviPay, a B2B payments and invoicing network, today announced its Pay by Invoice program with Northern Tool + Equipment, a major supplier of tools and equipment. The partnership powers the new Northern Tool Commercial Account program, designed exclusively for businesses to provide greater flexibility and convenience in… Read More

ONE.io Partners with BoomFi to Launch Crypto Payment Gateway

Global payments and digital assets platform ONE.io has partnered with BoomFi to launch ONE Gateway, a new service embedding cryptocurrency payment capabilities into its core offerings, the companies said. The integration allows ONE.io clients to accept major cryptocurrencies through pay links, invoices, checkout flows, and… Read More

Perpay Credit Card to be Powered by Marqeta; Automated Payments From Paychecks Generated

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions, has joined forces with Perpay to power the Perpay Credit Card, issued by Celtic Bank. That card automates payments directly from a paycheck. The demand for innovative credit-building solutions is growing,… Read More

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