May 6, 2025 @ 11:20 pm By Omar Faridi  |  

Zest AI, a firm specializing in AI lending technology, announced the launch of LuLu Strategy, the module of a generative AI lending intelligence platform, which delivers lending performance insights with generative AI simulations and actionable analysis. Following the rollout of LuLu Pulse, the platform’s first… Read More

 Tagged generative ai, lending, lulu strategy, zest ai

May 6, 2025 @ 5:05 pm By Omar Faridi  |  

JPMorgan Chase (NYSE: JPM) has terminated its Capital Connect platform, a digital initiative launched in 2022 to bridge the gap between startup founders and venture capital investors. The decision, which was made late last year, marks the end of a short-lived experiment aimed at enhancing… Read More

 Tagged banking, capital connect, infrastructure, jpmorgan chase

May 6, 2025 @ 2:17 pm By Omar Faridi  |  

In a key move for the UK’s financial ecosystem, Open Banking Limited has announced that 31 organizations, including fintech TrueLayer, have committed to funding the establishment of an operator to advance commercial variable recurring payments (cVRPs). This collaborative effort, encompassing high street banks, challenger banks,… Read More

 Tagged open banking, truelayer, uk, united kingdom

May 6, 2025 @ 11:14 am By Tony Zerucha  |  

This week, Modern Treasury introduced Modern Treasury AI to address enterprise payments. Built on the company’s Payment Ops infrastructure, Modern Treasury AI blends a context-aware agent with a real-time workspace. “AI is only as good as the data, and Modern Treasury is uniquely positioned to… Read More

 Tagged dimitri dadiomov, enterprise payments, modern treasury, Modern Treasury AI, San Aarons

May 6, 2025 @ 7:36 am By Tony Zerucha  |  

Last week, Visa used its Global Product Drop to highlight how it is using AI to improve the consumer shopping experience. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and… Read More

 Tagged ai, Bridge+, Flex Credential, jack forestell, Ryan McInerney, stablecoins, visa

May 5, 2025 @ 4:55 pm By Tony Zerucha  |  

This past week, Instacart (NASDAQ: CART) acquired Wynshop, a provider of e-commerce solutions for leading grocers and retailers. By bringing together both organizations’ expertise and deep retailer relationships, Instacart aims to strengthen its enterprise solutions and empower more retailers to enhance their online experiences and further… Read More

 Tagged Chris Rogers, e-commerce, groceries, instacart, Neil Moses, retail, Wynshop

May 5, 2025 @ 3:00 pm By Tony Zerucha  |  

Brex’s recently published The CFO Imperative – How Finance Leaders Are Staying Ahead In a Volatile World provides a concise roadmap for finance executives navigating a business environment that has dramatically changed over the past four months. More than 500 finance executives were polled in… Read More

 Tagged ai, Ben Gammell, brex, cfo, embedded finance

May 5, 2025 @ 2:58 pm By Tony Zerucha  |  

Rain, a global card issuing platform built for stablecoins, has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC The company provides backend infrastructure – APIs, compliance layers and… Read More

 Tagged Farooq Malik, rain, Rubail Birwadker, stablecoins, visa

May 5, 2025 @ 12:18 pm By Tony Zerucha  |  

According to the JD Power 2025 U.S. Direct Banking Satisfaction Study, overall customer satisfaction with direct bank checking accounts is 692 (on a 1,000-point scale), which is 24 points higher than the average regional bank and 35 points higher than national banks. Savings account satisfaction… Read More

 Tagged checking account, direct bank, J.D. Power, marcus, Paul McAdam

May 5, 2025 @ 11:50 am By Michael Wong  |  

Trek Health, a US-based startup aiming to bring clarity to opaque healthcare payer data, has raised $11 million in a Series A funding round led by Madrona, the company said. Other investors in the round included Accrete Health Partners—the venture arm of Bon Secours Mercy… Read More

 Tagged Madrona, payments, Trek Health, venture capital