Treasury Management Fintech Hazeltree Teams Up with Necto API

Hazeltree, a New York-based cloud-based treasury and liquidity management solution for hedge funds and private equity firms, has announced a partnership with Necto API, a fintech  transforming corporate finance and treasury departments by aggregating bank APIs. This will enable Hazeltree to enhance its banking connectivity… Read More

Fintech Plaid Introduces Investments Move to Streamline Asset Transfers and Grow AuM

Fintech firm Plaid explained that funding a new financial account should be a frictionless process, where account information is verified “instantly” and transfers are initiated quickly. Financial infrastructure Fintech company Plaid also noted that moving cash balances may be fairly straightforward, transferring investment holdings to… Read More

Fintech Ripple and IRC to Explore How Cross-Border Payments Solutions and Pending RLUSD Stablecoin May Be Used in Delivery of Aid

Ripple, the provider of digital asset infrastructure, has recently announced a partnership with the International Rescue Committee (IRC), one of the humanitarian organizations helping people affected by crises to survive, recover and rebuild their lives. Ripple and the IRC will now aim to explore how… Read More

Accounts Payable Automation Fintech AvidXchange Research Study Highlights Key Business Performance and Satisifaction Trends

In today’s business environment, more finance departments are beginning to turn to automation to improve efficiency and job satisfaction. As automation continues to transform financial operations, data suggests that accounts payable (AP) professionals with a “higher degree of automation” are benefiting in their careers as… Read More

Swift to Debut AI-Based Fraud Detection in January, 2025

Swift is planning to roll out new AI-enhanced fraud detection for the global payments industry. It will be available in January 2025. The new capability builds on Swift’s existing Payment Controls Service by drawing on pseudonymized data from the billions of transactions that flow over… Read More

EWA Provider XTM Launches Global Workers Payout Program

This week, XTM launched a Global Workers Payout Program called PayNow. XTM is a provider of payment solutions, including tipping-payout and certified earned wage access (EWA) through QRails AnyDay. The new program empowers temporary workers to open a secure digital bank account to receive earnings,… Read More

Simplismart Welcomes $7M Series A

Simplismart announced this week a $7 million funding round for its infrastructure, which enables organizations to deploy AI models. The company hopes to position itself as the critical enabler for AI’s transition into mainstream enterprise operations. The Series A funding round was led by Accel,… Read More

Nubank Announces Expansion of Working Capital Offerings

Nubank (NYSE: NU), which claims to be the largest digital financial services platform outside of Asia, announces the expansion of its Working Capital offerings, its first loan solution for business customers. As mentioned in the announcement from Brazil’s Nubank, the volume of loans granted grew by… Read More

UK SMEs Report Slower Business Activity But New Work and Employment Numbers Increased

Activity at small and medium-sized businesses fell “marginally” in September, while new work and employment numbers continued to grow, the NatWest SME Growth Tracker has revealed. The NatWest UK SME Business Activity Index – which aims to effectively measure MoM changes in the output of… Read More

Digital Payments Fintech Checkout.com Shares Research Findings on Growing Spending Power of Generation Alpha

A study released recently, How consumer behaviour shapes the digital economy, by Checkout.com, a digital payments firm, has highlighted the consumer buying behavior which is powering the digital economy. The research, carried out across the United Kingdom, US, United Arab Emirates (UAE) and China, reveals… Read More

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