Category: Payments and Digital Banking

The Consumer Financial Protection Bureau (CFPB) has designated Financial Data Exchange, Inc. (FDX) as a standard-setting body to enhance financial data rights. This designation supports…

Thomson Reuters has acquired SafeSend for $600 million, enhancing its tax and accounting services. Founded in 2008, SafeSend offers cloud-based software that automates tax return…

Lumin Digital, a cloud-native digital banking provider in San Francisco, has raised over $160 million in growth equity financing, led by Light Street Capital, NewView…

NatWest Group is transforming its self-service banking network through a partnership with NCR Atleos, aiming to enhance the customer experience for over 19 million users…

Melio, an accounts payable and receivable platform for small and medium-sized businesses, has raised $150 million in a Series E funding round led by Fiserv,…

Socure, a leader in AI-driven digital identity verification, has announced its acquisition of Effectiv, a real-time risk decisioning firm, for $136 million. Effectiv’s platform integrates…

Spring Financial has launched Bloom, an innovative mobile app in Canada that acts as an AI-powered financial concierge. The app, featuring Oscar AI, provides users…

OpenWay has launched the Way4 platform, a cutting-edge payment software solution tailored for banks, credit unions, processors, and fintech companies in North and Latin America.…

Tompkins Community Bank, with US$7.8 billion in assets and a nearly 190-year legacy, is modernizing its ATM network by partnering with NCR Atleos for an…

As 2025 begins, the WealthTech sector reflects on 2024’s performance during a recent expert discussion. Key insights include the rise of digital wealth management platforms,…