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FIS Launches Guaranteed Payments Solution for Protection Against Chargebacks
FIS is launching its Guaranteed Payments solution this week that boosts merchants’ ecommerce transaction approval rates and guarantees protection against chargebacks.FIS is partnering with ecommerce...
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Digital Financing Platform Funding Societies Acquires Payments Solution CardUp
Digital financing platform Funding Societies agreed to acquire payments solutions company CardUp.The announcement comes four months after Funding Societies closed a $294 million Series C...
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Superapp Bano Taps Currencycloud for FX Converter
Australian superapp Bano has selected Currencycloud to facilitate low FX rates.Integrating Currencycloud’s API offers Bano users access to Currencycloud’s low FX rates, which makes investing in the...
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Wirex Launches Crypto Line of Credit
Wirex launched a new line of credit, enabling users to borrow stablecoins against their crypto holdings.The new credit offering enables users to access the value of their crypto holdings without...
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OpenFin Lands Strategic Investment from ING Ventures
OpenFin received a strategic investment from ING Ventures.The amount of the investment was undisclosed, but adds to the company’s $47 million raised since 2010.ING is an OpenFin OS client. The company...
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5 Goals Driving the CFPB’s New Office
Earlier this spring, the U.S. Consumer Financial Protection Bureau (CFPB) announced a new effort to promote competition and innovation in consumer finance. Backing this effort, the CFPB is opening a...
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Envestnet to Acquire Redi2 Technologies to Boost Billing & Accounting
Envestnet acquired revenue management and hosted fee-billing solutions company Redi2 Technologies.Envestnet will use the buy to modernize its billing, accounting, and back office capabilities. Terms...
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Experian CIO on Digital Identity, Personalization, and Building Trust with...
In a digital world, there’s no way around digital identity. The topic touches all corners of fintech and ecommerce, and while it can create a stumbling block, leveraging consumer identity data can...
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Kids Finance App GoHenry Acquires Pixpay
U.K.-based GoHenry has acquired France-based Pixpay for an undisclosed sum.The deal will help GoHenry expand further into Europe.GoHenry and Pixpay will operate under their own brands with no change...
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My Test Drive of the Curve Card in the U.S.
I’ve had my eye on Curve since it launched in the U.K. in 2015. Curve consolidates users’ payment cards into a single physical card and digital wallet, meaning that users only need to carry one card....
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Berlin Insurtech Wefox Closes $400 Million Funding Round
Digital insurance agency Wefox raised $400 million in a combined debt and equity round.The funds boost Wefox’s valuation from $3 billion to $4.5 billion.Wefox relies on technology to take a...
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Zeta Appoints FIS Veteran Karla Booe as Chief Compliance Officer
Modern core processing provider Zeta appointed FIS Veteran Karla Booe as Chief Compliance Officer.Booe has spent more than 27 years working at FIS, where she served as Deputy Chief Compliance...
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NCR’s Evolution and What’s Next
The world of banking is ever-evolving, and NCR has been part of this evolution since it was founded in 1881. To get some insight from a firm that has had a front-row seat to industry changes– and to...
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Fundrise Launches $1 Billion Growth Equity Fund
Fundrise is launching a $1 billion growth equity fund called the Fundrise Innovation Fund.The new VC-like fund will facilitate crowdsourced investments in private technology companies.The move is...
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Proptech Firm Casavo Raises $408 Million
Casavo has raised $408 million in a debt and equity financing round.The round is comprised of $306 million in debt and $102 million in equity, and brings Casavo’s total funding to $798 million.The...
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4 Ways the New X1 Credit Card Differs from the Competition
The $2.4 trillion consumer credit card industry has been getting crowded, but the increase in competition is not enough to stop X1, one of the newest players in the smart payment card space. X1 was...
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Open-Finance.ai Taps FICO’s Blaze Advisor for Real Time Credit Assessment
Open-Finance.ai partnered with FICO to leverage the company’s Blaze Advisor decision rules management system.Israel-based Open-Finance.ai will integrate Blaze Advisor into its open banking platform to...
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Business Finance Solutions Qonto and Penta to Join Forces
European business finance solution company Qonto is seeking to acquire its competitor Penta.Together, the two will serve more than 300,000 small business customers across Germany, France, Italy, and...
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MX Names Former PayPal Exec as New CEO
MX has appointed Jim Magats as CEO, replacing Interim CEO Shane Evans.Magats comes to MX after spending 18 years as a senior executive at PayPal, where he specialized in open finance.Evans will...
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Rapyd to Power Rakuten Viber’s New Viber Pay
Rapyd has partnered with Rakuten Viber this week.Rapyd will facilitate in-app payments for Viber users.“Through this partnership, Rakuten Viber can confidently step into the world of payments and...
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