Wagestream, an Earned Wage Access Fintech, Welcomed to American Fintech Council

The American Fintech Council (AFC), an industry association representing Fintech companies and banks, this week announced that financial benefits platform Wagestream has become its newest member. “Wagestream has done a phenomenal job of scaling its financial wellbeing approach to span multiple different benefits for workers,… Read More

Digital Banking: FV Bank to Allow Deposits of Euros into USD Accounts

FV Bank, the U.S. licensed global digital bank that offers traditional and digital asset banking and custody services, announced an expansion in its deposit capabilities that gives clients the option to deposit euros into their USD bank account. In addition to USD deposits, account holders… Read More

NatWest Partnership May Encourage Adoption of Open Banking As Means for UK Universities to Be More Efficient

NatWest will work with JS Group, an innovative partner to universities with a track record of improving the delivery of specialist student funds and of strengthening student engagement, to support more students as they progress within the UK’s higher education system. It’s said to be… Read More

Berlin’s Micropayment Teams Up with Fintech Platform Tink

Micropayment, the Berlin-based payment processor, has partnered with Tink, a payment services and data enrichment platform, to add Pay by Bank to its payments offering. Operating primarily in Germany, Austria, and Switzerland, Micropayment works with merchants across industries “including fundraising and non-profit, digital services, gaming… Read More

Switzerland: SIX Announces Investment in BITA, Expands Indexing and Tech Partnership

SIX, the global financial information provider, and BITA, a provider of indexing technology and services, announced that SIX has made a strategic investment in BITA to strengthen a series of existing joint projects and accelerate the expansion of SIX’s global benchmark platform. Existing BITA shareholders,… Read More

Cross-Border Payments: Mastercard Expands Payment Solutions with China’s Alipay

Mastercard (NYSE: MA) continues to expand its cross-border payment solutions with a new connection to Alipay, China’s digital open platform under Ant Group. The move comes as consumers increasingly “look for ways to send money across the globe quickly and securely.” Insights from Mastercard’s Borderless… Read More

Fintech Brex Announces Closing of Securitization Transaction Out of its Commercial Charge Card Master Trust

Brex, the AI-powered spend platform for modern companies, announced the closing of its third securitization transaction out of its previously established Brex Commercial Charge Card Master Trust. The transaction included the “issuance of $260M of charge card asset-based notes rated by Kroll Bond Rating Agency.”… Read More

Swift to Provide Confirmation of Payee Service for Australian Payments Plus

Swift announced it has been selected to build a service that will reduce the risk of misdirected payments and increase defenses against payment fraud, providing Australians with more confidence when sending money. Swift, which built and runs the NPP, was chosen by Australian Payments Plus… Read More

Trustly and MoneyGram International Introduce Cardless Payments for Clients Across Europe

Trustly, a global firm focused on innovative payment solutions, announced a partnership with MoneyGram International, Inc., a financial technology company that connects the world’s communities. Through this strategic alliance, MoneyGram introduces cardless payments for millions of its users across Europe. When sending international money transfers… Read More

UK Fintech Kriya Reportedly Advanced £500M to Businesses Banked by Barclays

UK Fintech Kriya is reportedly advancing £500 million to businesses banked by Barclays. Kriya has commented on their partnership in a new blog post. According to Kriya, a major part of their business success is “down to the organizations they partner with and the merchants… Read More

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