The digital economy is supported by payments infrastructure created decades ago, when payments were exclusively a physical activity. In the digital age, instant communications have...
Salsa has raised $10 million to help software platforms embed payroll features inside their own products. By embedding Salsa’s application programming interfaces (APIs) in their platforms,...
FinTechs are facing an existential crisis now that the age of easy access to capital is over. Investors — running the gamut from private venture...
Paysend has launched its cross-border payments solution for small businesses in the United States. The expanded availability of Paysend Business follows its successful implementation in the United Kingdom in 2022,...
Revolut’s chief financial officer has stepped down two years after joining the British FinTech. Mikko Salovaara’s resignation was due to “personal reasons,” a company spokesperson...
Plaid is expanding its application programming interface (API)-based data sharing network. The firm is now migrating 100% of its traffic to APIs for financial institutions,...
Mastercard has launched a solution designed to help businesses implement secure digital account opening. The company’s enhanced Open Banking for Account Opening provides account owner...
Petal has raised new funding and spun off its Prism Data unit. The spinoff results in two independent FinTech companies that leverage open banking data...
Experian has launched a FinTech-centric version of its fraud prevention network in the U.S. Announced Wednesday (May 10), this new iteration of the company’s Experian...