FinTechs

New Use Cases Needed to Drive Instant Payments Momentum Worldwide
New Use Cases Needed to Drive Instant Payments Momentum Worldwide
December 19, 2023  |  Real-Time Payments

Form3 CEO Dave Scola told PYMNTS that instant payments have a long way before they reach their full potential. “I’m not disappointed by the rates...

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Report: Apex Plans to Go Public Following Scrapped SPAC
Report: Apex Plans to Go Public Following Scrapped SPAC
December 18, 2023  |  IPO

Apex FinTech has reportedly filed confidentially for an initial public offering (IPO). The Dallas-based clearing company had planned to go public through a special purpose...

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X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
X’s Money Movement Push Comes as Regulators Warn of Non-Bank Financial Risks
December 11, 2023  |  Digital Payments

X, formerly known Twitter, has been laying the groundwork state by state to move further into money movement. In doing so, the social media stalwart...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
Treasury Prime and Effectiv Team on Fraud Detection for Companies and Banks
December 04, 2023  |  Security & Fraud

Treasury Prime, an embedded banking software company, has joined forces with Effectiv, a fraud and risk management platform, to bring advanced fraud detection capabilities to enterprises...

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Marqeta Managing Director Departs After 15 Months
Marqeta Managing Director Departs After 15 Months
November 26, 2023  |  Personnel

Marqeta’s managing director is stepping down after 15 months with the card-issuing company. Jeff Parker, who is also a senior vice president at the firm, announced his...

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Card Issuer Petal Seeks Buyer Amid Struggle for Capital
Card Issuer Petal Seeks Buyer Amid Struggle for Capital
November 19, 2023  |  Credit Cards

Credit card company Petal is reportedly seeking a buyer amid doubts about its viability. The company, which provides cards for consumers who are new to credit, is...

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FinTechs Focus on Customer Experience, Users Want Faster Transactions
FinTechs Focus on Customer Experience, Users Want Faster Transactions
November 14, 2023  |  Payments Innovation

FinTechs issuers have revolutionized the banking and lending sector, enabling consumers to get easier access to their finances and allowing them to manage their money...

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Voyant Introduces Wealth Management Tool for Enterprise Customers
Voyant Introduces Wealth Management Tool for Enterprise Customers
November 09, 2023  |  Personal Finance

Wealth management solutions provider Voyant has debuted a tool for its enterprise clients. Voyant Wellness, announced Thursday (Nov. 9), is a “module-based solution” that lets companies offer clients...

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