April 19, 2024 @ 4:07 pm By Omar Faridi  |  

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, announced its new partner Rain, a financial wellness benefits provider that helps companies give employees greater control over their finances. Marqeta will power the Rain Card,… Read More

 Tagged digital financial services, fintech adoption, marqeta, rain

April 19, 2024 @ 4:00 pm By JD Alois  |  

Finzly has partnered with EverBank to enable a centralized payments process. EverBank is a nationwide specialty bank providing products and services to both consumer and commercial clients nationwide. Finzly supports banks, Fintechs, and other firms in offering financial services in a real-time ecosystem. Finzly claims… Read More

 Tagged EverBank, Finzly, payments

April 19, 2024 @ 3:49 pm By Omar Faridi  |  

AffiniPay, the enabler of online payments and software solutions for professionals, has announced the launch of its expansion into Puerto Rico for LawPay and CPACharge. With a strong presence established in the United States and Canada serving over 80,000 accounting and law firms, AffiniPay continues… Read More

 Tagged affini pay, digital transactions, payments, puerto rico

April 19, 2024 @ 12:07 pm By Omar Faridi  |  

Hitoshi, Co-founder & Chief Product Officer at Alpaca notes that Alpaca has transitioned to self-clearing at DTCC. As noted in a blog post, this is a key milestone since they started “a regulated brokerage business five years ago.” It’s a pivotal milestone for them because this… Read More

 Tagged alpaca, clearing, dtcc, settlement

April 19, 2024 @ 11:06 am By Omar Faridi  |  

Cognizant (NASDAQ: CTSH) announced a planned collaboration with FICO (NYSE: FICO),  a analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and machine learning (ML) technology… Read More

 Tagged cognizant, fico, fraud, payments

April 19, 2024 @ 9:55 am By Omar Faridi  |  

Mercury, the fintech that is said to be used “over 100,000” startups for banking, announced its expansion into consumer banking with the launch of Mercury Personal, which is described as a powerful personal banking experience designed with the best of today’s technology to help builders… Read More

 Tagged banking, digital bank, mercury

April 19, 2024 @ 9:19 am By Omar Faridi  |  

Pliant, a business-to-business (B2B) credit card platform that allows businesses to optimize their payment processes, has recently announced the closing of more than €18 million in Series A extension financing, led by PayPal Ventures. Existing investors SBI Investment, Motive Ventures, and Alstin Capital “also participated… Read More

 Tagged digital financial services, funding round, paypal, PayPal Ventures, pliant

April 19, 2024 @ 6:45 am By Omar Faridi  |  

UK-based Fintech Wise (LSE:WISE) has shared key updates from January-March 2024. The Wise Q1 2024 update has released important highlights for the Fintech platform. Here’s a few highlights: Wise says it helped customers “save an estimated £447,518, 882 in Q1.” Wise further claims that it… Read More

 Tagged payments, transfers, uk, united kingdom, wise

April 19, 2024 @ 6:44 am By Omar Faridi  |  

British Patient Capital has reportedly made a £7m investment in Wagestream – a financial benefits provider – as part of a £17.5m funding round. The investment was alongside other co-investors “including Lombard Odier Investment Managers and existing investor, Northzone.” With investment from social impact funds… Read More

 Tagged british patient capital, uk, united kingdom, Wagestream

April 19, 2024 @ 6:42 am By Omar Faridi  |  

DNA Payments has recently announced a key partnership in order to provide online retailers with high-performance, simple, unified payments by integrating DNA Payments’ acquiring and checkout solution with their E-commerce platform. DNA Payments’ feature-rich, customizable website checkout pages “offer easy integration with full technical support… Read More

 Tagged dna payments, europe, payments, uk