Global Payments promotes COO Cameron Bready to CEO
Bready succeeds Jeffrey Sloan, who is stepping down as CEO and member of the board from 1 June.
Bready succeeds Jeffrey Sloan, who is stepping down as CEO and member of the board from 1 June.
The Infrastructure-as-a-Service firm now has direct connections to all major US card networks to process payments.
The acquisition marks Greenwood’s third over the last year.
Finastra will migrate the bank’s Fusion Phoenix core solution from on-site hosting to the cloud.
North American businesses will be able to accept real-time card payments directly on the Teams platform.
A dearth of deal making is to blame, Bloomberg reports, with a 32% decline in the bank’s merger advisory arm.
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
The AUD 125 million ($84m) deal remains subject to Yieldbroker stockholder approval.
Mastercard Crypto Credential defines verification standards, instilling “critical” trust in blockchain tech.
The new solution will allow Shopify merchants to pay and manage their bills without leaving the platform.
Walmart alleges Capital One failed to meet several contractual obligations and customer service standards.
The funding will be used to advance Axoni’s technology and support its global expansion plans.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Kakao Pay has acquired a 19.9% stake in the US firm and plans to buy an additional 31.1%.
Clara has now raised a total of $160m in equity funding since it began operations over two years ago.
Binance.US cites “the hostile and uncertain regulatory climate” in the US as its reason for pulling out.
FedNow has the potential to drive innovation, broaden financial inclusion and improve cash flow.
Major previously spent more than 15 years with banking tech firm Jack Henry.
Michigan’s First Community Bank, Florida’s Sunrise Bank, and Arkansas’ Today’s Bank have selected Jack Henry’s tech.
Ross joins from HR and payroll software firm Ceridian and has previously worked at Green Dot and American Express.
Book your table for the Banking Tech Awards USA gala dinner and ceremony on 1 June in New York.
The platform will allow the bank and its fintech partners to test new products in a separate sandbox environment.
Taking Stripe out of the equation, funding actually fell 12% over the same period, coming in at $8.5 billion.
With the new funding, Super says it will scale its product and engineering resources.
Sharegain’s SLTech solution allows investors to generate revenue through loaning out their financial assets.
Hackett was most recently president of BMO’s wealth management division in the US.
Through DailyPay, Santander’s clients can provide employees with immediate access to pay as they earn it.
The facility follows a recent €30 million equity fundraise led by UK-based asset manager Kingsway Capital.
The round was led by Left Lane Capital, with participation from other investors.
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
Pidgin’s CEO says the demand for real-time payments is growing “among consumers and businesses alike”.
Owners Bank offers checking and savings accounts as well as digital tools for small businesses.
Corelation has signed Hawaii Community FCU and Pearl Hawaii FCU as its new clients.
Customer accounts without funds will be closed on 9 May, Paxos says.
A handy round-up of the recent funding endeavours of fintech companies across the US.
Modernising the bank’s core systems “paves the way” for continued, sustainable growth, Regions says.
The scalable platform is built on an open-API infrastructure, allowing the credit union to customise features.
The bank’s clients will now be able to utilise ACH, wire transfer and real-time payments.
The new funding follows a previously undisclosed $110 million Series C round in November 2021.
At Visa, Yu led teams across the business, including business development, sales, finance, and operations.