Finalists announced for PayTech Awards USA 2023
We are thrilled to share with you the finalists for the first PayTech Awards USA!
PayTech
US healthcare fintech Collectly lands $29m Series A funding
The company will put the funding towards enhancing its software and furthering its market expansion.
The US Federal Reserve launches new instant payments system FedNow
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
Webinar | 6 September 2023: Pioneering innovative partnerships – unveiling the game-changing fintech hybrid model at the point-of-need
An insightful journey through the experience of the successful implementation of the hybrid start-up model.
Thredd, formerly GPS, appoints Ava Kelly as new chief product officer
Based in the US, Ava Kelly brings more than 25 years of payments industry experience to her new role.
Huawei launches F2F2X data infrastructure architecture to help FSI build and manage modern data centres
F2F2X (Flash-to-Flash-to-Anything) was unveiled at the recent Huawei Intelligent Finance Summit.
FinTech Futures celebrates 40th anniversary with unforgettable summer party in London
Watch the highlights video from FinTech Futures’ 40th anniversary summer networking party.
Car IQ partners Visa to enable in-vehicle payments
Car IQ Pay vehicle wallet enables vehicles to have their own payment accounts to transact directly with merchants.
Convera taps Temenos to modernise payments infrastructure
Convera will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems.
James Dixon named as new Allied Payment Network CISO
Dixon intends to “ensure fast and secure payments” and bolster Allied’s information security practices.
Payoneer becomes latest fintech to cut jobs
The US payments platform is to cut 9% of its workforce by Q3 2023.
Checkout.com launches AI-led ID verification solution
The company claims its new solution can identify “nearly every citizen in the world”.
Thieves make away with $20m from Revolut following payment flaw
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
Banking Technology Magazine July / August 2023 issue out now
Cover story: THE BEST OF BANKING TECH USA – Winners and pictures from an amazing night.
FIS confirms deal to sell majority stake in Worldpay to GTCR for $11.7bn
The transaction is expected to close by Q1 2024, subject to regulatory approvals and closing conditions.
SumUp taps Form3 for access to UK Faster Payments, appoints CPO
SumUp has also appointed Anna Kuriakose as its new chief product officer (CPO).
Former Goldman Sachs partner joins Clowd9 as CFO
Christian Channell joins the cloud-native platform following a 25-year career at Goldman Sachs.
FIS reportedly in talks to sell majority stake in Worldpay for $15bn
Sources tell Reuters that FIS will keep a minority stake in the business if the deal goes through.
Honouring the innovators: PayTech Awards 2023 winners revealed
Celebrating exceptional achievements and talent in payments industry worldwide.
Visa to acquire payments and banking platform Pismo for $1bn
The transaction is subject to regulatory approvals and is expected to close by the end of this year.
Sardine forms industry consortium to help tackle payment fraud
Founding members include Chesapeake Bank, Visa, Airbase, Blockchain.com, Alloy Labs Alliance, iLex, and Novo.
Star One Credit Union taps Tyfone to implement instant payment solution
The solution is certified for FedNowSM, the Federal Reserve’s new instant payment offering launching in July 2023.
US paytech Fortis expands into Canada, acquires SmartPay
The move marks Fortis’ first expansion outside the United States.
Visa names Chris Suh as new chief financial officer
Suh replaces longstanding Visa CFO Vasant Prabhu, who is set to retire on 30 September.
ACI Worldwide launches Instant Pay solution for European merchants
Merchants using Instant Pay will be able to accept instant online, mobile and in-store payments.
Payments Canada further delays launch of real-time payment system
During the next three months, Payments Canada will review the risks identified in the delivery of the Real-Time Rail.
FIS acquires BaaS start-up Bond for undisclosed sum
In an internal memo, FIS shares that it completed the Bond acquisition on 8 June.
UK paytech GoCardless lays off 15% of its workforce
GoCardless cites the current economic environment as the reason behind the layoffs.
White paper: Building a business card program in today’s digital first landscape
How to make a card program for SMBs a conduit to continued customer/member loyalty and growth for an FI.
Infographic: The five steps to top-of-wallet status
The five steps you need to achieve card dominance in today’s highly competitive landscape.
Canada’s Interac appoints Jeremy Wilmot as new CEO
Wilmot succeeds Mark O’Connell, who will be retiring on 31 October 2023.
Paytech Medius to acquire expense management firm Expensya
Medius says the acquisition of Expensya is “one of the largest in the MENA region”.
US paytech CardFlight appoints new CTO, Brian Butts
CardFlight is a New York-based point-of-sale (POS) solutions provider.
Chargebacks911 hires Bank of America and Apple execs to drive global growth
Guy Harris joins as chairman of the board and Eric M. Hoffman as president of interbank solutions.
Marqeta closes Australia office in bid to cut costs
Marqeta is undertaking “restructuring actions” in Q2 this year to reduce operating expenses.
Cross-border payments start-up Keeta launches with $17m funding
Among Keeta’s investors is ex-CEO of Google, Eric Schmidt.
Banking Technology Magazine June 2023 issue out now
Cover story: BRAINIAC – Generative AI and banking
PayTech Awards USA 2023 extended deadline
Nominations for the awards are open until 16 June 2023.
Payments platform Dwolla names Lawrence Herman as CFO
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
PayNearMe lands $45m in Series D funding
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
