Issuer processor firm Thredd has launched a partnership with cross-border payment/capital settlement platform iPayLinks. The collaboration, announced Tuesday (Sept. 15), will see Thredd power China-based iPayLinks’ new Mastercard virtual commercial debit card program. “iPayLinks has built a comprehensive platform that helps businesses simplify the movement and management of funds across...
FinTechs are finding more growth in large corporate relationships, whether by winning larger customers or handling more of the financial activity of companies they already serve. Revolut, for example, is targeting FTSE 250 businesses as it seeks a larger role in corporate banking, where its...
Four federal agencies are seeking comment on proposed guidance to help financial institutions manage risk associated with third-party relationships. The proposed third-party risk management guidance and the request for comment were announced Friday (Sept. 11) in a joint release issued by the Federal Deposit Insurance...
Stablecoin issuer Tether is entering the private credit space in partnership with Fasanara Capital. The two companies on Wednesday (Sept. 9) announced the launch of the StableFund, an “evergreen private credit vehicle” anchored by $400 million in co-investment from both sponsors, targeting up to $3 billion in institutional capital. “The...
Bank-linked installment payments company Splitit launched integrations with two Jack Henry platforms, according to a Wednesday (Sept. 9) press release. The platforms include Jack Henry’s SilverLake core banking platform and Banno Digital Platform through the Jack Henry Fintech Integration Network (FIN), which is designed to...
Robinhood entered a prediction market partnership with Crypto.com, according to a Tuesday (Sept. 8) press release. Robinhood will route select football-related event contracts to Crypto.com’s prediction markets platform via its Commodity Futures Trading Commission-regulated exchange and clearinghouse, the release said. The exchange does business in...
Merchants can now use one Yuno connection to add Revolut’s biometric one-click checkout, Revolut Pay, as well as Revolut’s acquiring and gateway services, Yuno said in a Thursday (Sept. 3) press release. The offering is enabled by a new partnership of Yuno and Revolut Business,...
The European Central Bank (ECB) is exploring a potential interlinking between its TARGET Instant Payment Settlement (TIPS) platform and the Central Bank of Brazil’s Pix platform, Reuters reported Thursday (Sept. 3). The ECB said this in response to Reuters’ inquiry about a claim by unnamed sources that the two central...
Financial services app SoFi has joined forces with Payward, parent company of cryptocurrency exchange Kraken. With this partnership, Payward will leverage SoFi’s “Big Business Banking” capabilities, join the SoFi Exchange Network (SEN) and list the SoFiUSD stablecoin on its multi-asset trading platform, the companies said in a Thursday (Sept. 3) news...