A 31-member consortium including Acquired.com and Lloyds Bank is developing Variable Recurring Payments (VRP) for utilities and rail, driven by…
Payment processors pivot to value-added services amid shrinking margins
Payment processors are shifting from traditional transaction services to bundled SaaS solutions, leveraging open banking, AI analytics, and embedded finance…
Open banking transforms insurance payouts with real-time disbursements via FedNow and RTP networks
Open banking platforms like One Inc. are leveraging FedNow and RTP networks to enable real-time insurance payouts, meeting consumer demand…
Nufi Secures $1.5M Seed Funding to Tackle Latin America’s $15B Digital Identity Challenge
Colombian startup Nufi raises $1.5M to expand its AI-powered identity verification platform across Latin America’s $15B KYC market, as regional…
Berlin’s Pliant Acquires hi.health, Redefining Embedded Insurance in European Fintech
Pliant’s strategic acquisition of hi.health merges B2B payment infrastructure with 4M+ insurance users, signaling Europe’s push for embedded insurance amid…
Abound secures €299.8 million from Deutsche Bank to expand AI-driven lending in the UK
London-based AI credit firm Abound has secured €299.8 million in financing from Deutsche Bank, boosting its total lending capacity to…
Prometeo launches borderless banking to streamline cross-border payments in Latin America
Uruguayan fintech Prometeo introduces Borderless Banking, a solution simplifying B2B financial operations between the US and Latin America, addressing high…
Pay.com and Volt lead the charge in real-time open banking
Pay.com partners with Volt to bring real-time open banking to the forefront, enhancing payment speed and security. This strategic move…
