August 5, 2025 @ 9:44 pm By Omar Faridi  |  

Payments Canada has announced the implementation of changes to its bill payment framework, set to take effect on December 1, 2026. These updates, developed through public consultation and collaboration with industry stakeholders, aim to improve operational efficiency, embrace technological advancements, and enhance the bill payment… Read More

 Tagged bill payment, canada, digital transactions, digitalization, payments canada

August 5, 2025 @ 4:15 pm By JD Alois  |  

Upgrade, a Fintech focused on providing credit, has surpassed $40 billion in credit, serving over 7 million customers. Launched in 2017, Upgrade was founded by Fintech OG Renaud Laplanche.  While launching with a credit anchor, Upgrade is now more of a neobank providing services like… Read More

 Tagged neobank, online lending, renaud laplanche, upgrade

August 5, 2025 @ 3:20 pm By Tony Zerucha  |  

iBusiness Funding, an SMB financing technology and services company, is working with Intuit to offer additional funding options to its shared customers. iBusiness Funding already works with Intuit to provide fixed-rate conventional business loans through Intuit QuickBooks Capital. It expands this capability to include SBA… Read More

 Tagged iBusiness Funding, intuit, Kos Joshi, quickbooks, SBA loan, SMB funding, Todd Denbo

August 5, 2025 @ 3:07 pm By Omar Faridi  |  

In its Q2 2025 Industry Insights report, TrueAccord, a machine-learning and AI-driven digital debt collection fintech, offers an analysis of the economic landscape and its implications for the debt collection industry. The update shared by TrueAccord highlights key trends, regulatory updates, and strategic recommendations for… Read More

 Tagged debt collection, new york, regulations, trueaccord, us

August 5, 2025 @ 3:06 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced an advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the “challenge of fleet data tags being tied solely to the plastic card chip.” Now, fleet data tags can… Read More

 Tagged digital wallets, payments, ux, visa

August 5, 2025 @ 3:04 pm By Tony Zerucha  |  

This week, Drizz, founded by Asad Abrar, Partha Mohanty, and Yash Varyani (engineers from Amazon, Coinbase, and Gojek), launched from stealth with a $2.7 million seed round to introduce a Vision AI mobile app testing agent. The round was led by Stellaris Venture Partners and… Read More

 Tagged Anuj Rathi, Asad Abrar, Drizz, funding round, Partha Mohanty, Vaibhav Domkundwar, Yash Varyani

August 5, 2025 @ 9:50 am By JD Alois  |  

Following its merger with Auto Club Trust, FSB, Grasshopper has announced $46.6 million funding round. Grasshopper is a federally chartered digital bank that targets small business customers. Its services include the full range of expected business banking services plus offers embedded banking and banking as… Read More

 Tagged banking, digital bank, funding round, grasshopper

August 5, 2025 @ 6:42 am By Tony Zerucha  |  

Lili, a platform that integrates business banking, business credit, and accounting for small and mid-sized businesses, this week launched the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account. For many business owners,… Read More

 Tagged BusinessBuild, chris moss, credit, Lilac Bar David, lili, SMB

August 5, 2025 @ 2:04 am By Omar Faridi  |  

The UK banking sector is navigating a complex landscape marked by profitability challenges, evolving consumer behavior, and significant regulatory developments, as highlighted in recent analyses from KPMG UK. These insights underscore the delicate balance banks must strike to maintain financial stability while adapting to economic… Read More

 Tagged banking, financial services, insights, uk, united kingdom

August 5, 2025 @ 12:07 am By Omar Faridi  |  

Remitly, a Seattle-based digital remittance service, has announced its adoption of stablecoins to enhance its international money transfer capabilities. This strategic initiative will aim to position Remitly at the center of financial tech advancements, leveraging blockchain technology to offer faster, more cost-effective, and secure cross-border… Read More

 Tagged global payments, remitly, remittances, stablecoins