Spend management fintech Emburse announced Monday its latest solution that will allow partner banks the ability to issue virtual cards through the Emburse platform. With the new product, banks and other financial institutions can issue and manage virtual cards for the millions of Emburse users directly from the Emburse card dashboard.
Today, Synctera, an early-stage startup connecting community banks to fintech startups, has announced its latest product t-minus10 at Money 20/20. The platform allows fintech founders to build MVPs of their products with access to actual bank accounts and physical debit cards, solving what Peter Hazlehurst of Synctera says is the hardest problem in payments and […]
A recent study conducted by MANTL, in partnership with Wakefield Research, found a vast majority of respondents still identify community banks and credit unions as the core of banking’s financial system.
According to Statista, from 2016 through 2021, payments has been one of the leading destinations for VC money in the Fintech arena. M&A activity for payments has also been heightened and is “here to stay,” according to S&P Global Market Intelligence.
Brex, the all-in-one finance fintech which offers credit cards for startups and other businesses, has completed a $300 million funding round led by Greenoaks, according to TechCrunch.
While there has been growing worry over the usage of BNPL, as regulators raise questions over consumer risk and companies work to clear up language regarding the model, one area that seems unaffected by bad loans is recreational, passion purchases.
The Consumer Financial Protection Bureau issued a series of orders Thursday that will require large tech companies to hand over information on their payments systems to better understand how these firms manage and access users personal data.
Barclays is launching a streamlined compliance and policy management Policy Portal, with long-time partner RegTech Clausematch, according to IBS Intelligence.
he saga of robo-advising dates back just a decade ago, but its implementation has become a staple in wealth management’s passive and active supervision. While many have entered the investment market through the likes of Robinhood and Public.com, governing those investments into one’s twilight years is a different beast.
Stripe is acquiring Indian reconciliation service provider Recko in order to add the service to its incoming and outgoing payment stack, in a non-disclosed deal, according to a company blog post.
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