Money movement platform Payveris, a division of Paymentus, has launched Loan Payments®, a loan and debt repayment service “with the widest array of real-time payment methods and channels available on the market.” Loan Payments is designed “to help financial institutions meet rising consumer demand for… Read More
Payveris, a real-time money movement provider for financial institutions and their partners, today announced today the launch of Bill Center, powered by Paymentus’ Instant Payment Network ecosystem. Bill Center is a fully unified payment hub that provides consumers with a 360-degree view across all bills… Read More
Cloud-based bill payment technology firm Paymentus has signed a definitive agreement to acquire Payveris, itself a cloud-based bill payment software provider. The price is $152.2 million, with approximately 56 percent in cash and 44 percent in Paymentus Class A common stock. The combination is expected… Read More
There were around 40 million people that were using Venmo for payments, as of Q1 2019. That’s notably 40 million users who are using an external app and not their regular bank accounts to transfer funds. Traditional banks appear to have become a secondary option… Read More
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