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Thought Machine launches cloud-native payments platform

Core provider Thought Machine’s automated cloud-native payment platform for banks is live after 18 months of development. Vault Payments was developed specifically for banks...

Green Dot undergoes technology transformation

Green Dot is in the midst of a technology transformation that it estimates will save the digital bank $35 million annually by 2024. The...

PayPal extends buy-now, pay-later push with installment loans

PayPal Holdings Inc. is pushing deeper into the rapidly expanding “buy now, pay later” arena by offering installment loans for larger purchases. Consumers will be...

What the staggered implementation of ISO 20022 means for financial services firms

November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic...

PayPal: US Consumers Can Now Buy and Pay Later over Several Months

PayPal, a major global payments platform, has introduced Pay Monthly, its latest buy now pay later (BNPL) product. Take Advantage of the...

Will the growth of embedded finance finally deliver true financial inclusion for SMEs?

The financial space has a long history of exclusionism for small business owners. Slow processes, backwards-looking risk models and finance providers that don’t seem...

Airbank raises $20m to build “the most comprehensive global SMB banking solution”

German business-to-business (B2B) finance management platform Airbank has announced a $20 million Series A funding round led by Molten Ventures (formerly Draper Esprit). The Airbank...

Virgin Money in three-year deal with Trade Ledger to digitise business lending

Trade Ledger, a Lending-as-a-Service (LaaS) platform provider, has won a three-year contract with UK bank Virgin Money. Virgin Money partners with Trade Ledger to digitise...

Listen: Green Dot sees opportunity in gig economy, SMB

Two trends emerging as opportunities for banking-as-a-service (BaaS) are the growth of the gig economy and small businesses, and Green Dot, the fintech and...

Nexi sells capital markets tech business to Euronext for €57m

Italian paytech heavyweight Nexi is selling its technology businesses that are currently powering MTS, Euronext’s fixed-income trading platform, and Euronext Securities Milan (formerly called...

7 must needed attributes for BNPL

BNPL is not the same as traditional lending.It creates a rare win-win-win for Consumers, Merchants & Banks. Here are 7 key attributes that make BNPL...

TD Bank plans to hire 2K tech workers for automation, AI

TD Bank is looking to build out its automation expertise as part of a push to hire 2,000 new technology workers. The bank, a...

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