PayTech Awards 2023 Winner: Corpay & Routefusion case study
At the PayTech Awards 2023, Corpay won in the Top Innovation in Payments category with its cross-border solution.
PayTech
Banking Technology Magazine September 2023 issue out now
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
US Bank and subsidiary Elavon launch new POS solution for small businesses
The solution seeks to help small business owners avoid making a “large upfront investment”.
MoonPay creates new venture division to fund early-stage start-ups
MoonPay Ventures will focus on early-stage fintechs and Web3-focused start-ups.
PandaDoc buys Denario for consolidated document and payment workflow offering
PandaDoc clients can now “manage, collect and report on invoices alongside their contracts, all in one location”.
Heather Gantt-Evans joins Marqeta as chief information security officer
US Army Reserves veteran Gantt-Evans will lead the firm’s global corporate and product security strategies.
BMO Commercial Bank taps Extend to launch corporate spend management app
BMO is the first global Mastercard issuer to offer contactless virtual cards through Extend.
The Clearing House appoints Sheffali Welch as COO
Welch brings more than 20 years of experience in banking and financial services to her new role.
Video: Subject snapshot – payments
Delve into the discussions surrounding paytech trends and opportunities.
Video: AI – friend or foe to financial services?
Fintech experts share their views on the impact of AI on financial services.
FinTech Founders Video: Lawrence Lin Murata, Slope
Lawrence Lin Murata reflects on what he learnt from starting his first company and the impact on starting Slope.
FinTech Founders Video: Wade Arnold, Moov Financial
Wade Arnold, founder and CEO of paytech Moov, talks about his experience of starting a fintech.
FinTech Founders Video: Elizabeth Rossiello, AZA Finance
Elizabeth Rossiello reveals the one person she couldn’t run AZA Finance without!
Velo Payments to acquire payment processing platform YapStone
The acquisition is subject to regulatory approvals and customary closing conditions.
Chilean digital bank Tenpo partners Dock for new credit card offering
The offering positions Tenpo as a competitor to traditional financial lenders in the country.
Splitit plans to go private for stringent $60m capital commitment
Part of the commitment requires the US BNPL vendor to redomicile to the Cayman Islands.
Cameron Fowler to serve as Early Warning’s new CEO
With more than 20 years of work experience, Fowler joins Early Warning from Canada’s BMO Financial Group.
The convergence of CX and FX and the impact to user experience
Companies that create an optimised, secure UX will continue to stand out above the rest.
PayPal appoints Alex Chriss as its new president and CEO
Chriss joins PayPal from business software company Intuit, where he worked for over 19 years.
Torpago confirms two new senior hires following “significant growth”
James Yacobucci has been appointed to head of bank partnerships and Noah Martin to head of capital markets.
ConnexPay appoints former PayPal exec George Hansen as chief revenue officer
Hansen joins ConnexPay from PayPal, where he served as head of global sales and account management.
US fintech Block set to close European payments app Verse
The move is part of Block’s plans to reduce brand spending.
PayPal launches US dollar stablecoin PayPal USD
Rolling out in the coming weeks, PayPal USD will be available to purchase for eligible US PayPal customers.
Webinar | 28 September 2023: Revolutionising SME financing – how Banca AideXa uses AI decisioning platform & open banking
Learn what tools and tech enable Banca AideXa to provide quick and efficient loans to SMEs.
Payoneer acquires AI-powered data platform Spott to streamline decision-making
Payoneer says the start-up’s tech will help it to “better understand and serve customers”.
Over $10bn deposited into Apple Card’s savings account in first four months of going live
The offering had already accumulated $1 billion in deposits within the first week of going live.
Novo secures $125m credit facility to provide working capital to small businesses through Novo Funding
Once approved, small businesses will have instant access to up to $75,000 of working capital.
Stax Payments appoints Paulette Rowe as new CEO
In her new role, Rowe will be leading growth and operations for Stax’s software and payments portfolio.
Seacoast Bank strikes deal with NCR for ATM-as-a-Service solution
Seacoast Bank is leveraging NCR’s ATM-as-a-Service solution to replace its conventional ATM fleet.
Nexi buys 30% stake in German PSP Computop
Computop’s founders, Frank Arnoldt and Ralf Gladis, previously held 50% of the company’s shares each.
Vestwell taps workplace financial wellness with Gradifi Solutions acquisition
Vestwell acquires Gradifi Solutions from Morgan Stanley, following its acquisition of E*TRADE Financial.
The Republic of Palau taps Ripple for first stablecoin pilot
The pilot is expected to last for three months between selected merchants and government employees.
Upgrade snaps up BNPL vendor Uplift for $100m
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
Trustmi aims to stamp out B2B payment fraud with global launch
The launch comes just days after the company secured $17 million in a Series A funding round.
The Philippines’ UnionBank taps NCR to manage its ATMs
The Philippines’ ninth largest bank currently operates over 400 ATMs across the country.
Trintech snaps up Fiserv’s financial reconciliation business
Trintech hopes the deal will “act as a springboard for innovation” for its accounting automation platform.
Episode Six names former HSBC exec as new chief revenue officer
Brian Muse-McKenney becomes Episode Six’s first CRO.
Q&A: Andrew McKibben, Bank of America – resilience, automation tech & connected banking
Discussing the changing relationship between fintechs and banks amid an increasingly interconnected tech landscape.
Amazon set to roll out palm payment processing across all US Whole Foods stores
The Amazon One technology allows users to complete transactions using just their hand.
HSBC appoints two new senior execs to its Global Payments unit
Martijn Stoker joins HSBC from JP Morgan, and Melissa Tuozzolo from Bank of America.
