PNC Bank Partners with Blend, a Provider of Cloud Banking Software by Omar Faridi

U.S. Faster Payments Council (FPC) Introduces Use-Case Repository in Knowledge Center

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States,  launched a new industry resource, the Use Case Repository in its Faster Payments Knowledge Center. Supported by The Clearing House, the FPC Education & Awareness… Read More

Chase, DoorDash, Mastercard to Launch Credit Card

Chase, which is reportedly one of the largest co-brand card issuers in the U.S., and DoorDash, the local commerce platform, announced plans “to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card.” The DoorDash Rewards Mastercard will… Read More

NAB Ventures Leads $6M Investment in Fintech Platform Thriday

Thriday, the “all-in-one” financial management platform, takes another leap on its mission to become the fastest way for SMEs “to manage their banking, accounting, and tax with a circa $6 million pre-Series A round led by NAB Ventures and significant participation from existing investor Lempriere… Read More

Recurly Enhances Revenue Recognition Solution, Helping Subscription Businesses Automate Accounting Processes

Recurly, Inc., a subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a revenue recognition and forecasting solution. This acquisition will “create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better… Read More

ACH Colombia Provides Enhanced Digital Payments Experience with Volante Technologies

Volante Technologies, which claims to be the global leader in cloud payments and financial messaging, announced that ACH Colombia, a financial technology company, “has gone live with a new banking portal featuring a superior digital payments experience aligned with the social media and ecommerce platforms… Read More

Cross-Border Payment Group Zepz Reaches Profitability in H1 ’22

Zepz, the group making remittance payments fair, fast and affordable by powering global cross-border remittance brands WorldRemit and Sendwave, recently announced the 2021 financial results that will be “published in its upcoming Companies House Listing Annual Report as well as an H1 ‘22 performance update,… Read More

Digital Remittances Market Enjoys Significant Boost Amid After-effects of Covid-19

When COVID-19 cases first appeared in late 2019, its contagion abilities were wildly unanticipated by world leaders, and it was ungracefully downplayed by mainstream media. This caused a subsequent uncontrollable outbreak that eventually dampened the quality of life for billions and dented economies across the… Read More

Samsung India, Axis Bank Introduce Co-branded Credit Card

Samsung, which claims to be India’s largest consumer electronics company, and Axis Bank, India’s third largest private sector bank, have partnered “to launch an exclusive co- branded credit card, powered by Visa.” With the Samsung Axis Bank Credit Card, consumers will “get 10% cashback across… Read More

Irish Life Chooses Stripe to Enable Smart Invest App Payments

Stripe, a financial infrastructure platform for businesses, announced that the life insurance and pensions company Irish Life has chosen Stripe as “a strategic payments provider for its Smart Invest app.” The partnership will “make it easier for Smart Invest users to initiate both one-off and… Read More

Grab Targets Group Adjusted EBITDA Breakeven by H2 2024 as it Focuses on Profitability

Grab Holdings Limited (NASDAQ: GRAB) announced at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA basis “by the second half of 2024, as it accelerates its path to profitability.” For the second half of 2022, Group Adjusted… Read More

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