News

Faster Payments
Why Gaming May Be Ace in the Hole for Instant Payments
September 22, 2022

It’s a paradox, to say the least. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Faster Payments
As FedNow Rollout Progresses, Banks, Processors Begin Strategic Shifts
September 22, 2022

Less than a year from now, faster payments — instant ones, in fact — will be a widespread reality in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Digital Banking
EMEA FinTech NORD.Investments, Mastercard Team on Open Banking Payments
September 21, 2022

Mastercard company Aiia is collaborating with NORD.Investments to allow more open banking payments in Denmark’s largest independent digital investment advisor platform, a press release from Mastercard said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
HSBC Ventures Pours $35M Into Mobile Money App Monese for Expansion
September 21, 2022

Monese has announced a $35 million investment from HSBC, which now sees Monese’s total raised to $208 million, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Boost, Robobai Partner to Accelerate Payments Optimization 
September 21, 2022

B2B payment processing company Boost Payment Solutions has partnered with automated intelligence software provider Robobai to help enterprise businesses accelerate payments optimization and to provide those across the supply chain with streamlined disbursement processes.  Get the Full Story Complete the form to unlock this article...

B2B Payments
Wire Transfers First to Go When B2B Firms Adopt Real-Time Payments
September 21, 2022

When companies add real-time transactions to their B2B payments mix, wire transfers and regular ACH are the typically the first methods to get displaced.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Digital Banking
Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
September 21, 2022

Open finance platform MX has announced product updates that bolster the platform’s ability to deliver financial data to financial institutions (FIs) and FinTechs and help them improve their customer experiences, pace of innovation and collaboration with others in the industry. Get the Full Story Complete...

News
Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
September 21, 2022

Update: Adds background. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications...

Investments
Brightflow AI Raises $19M in Series A, Seed Funding to Empower SMBs
September 21, 2022

Financial intelligence platform Brightflow AI has announced $19 million in new funding, comprised of a $15 million Series A round and $4.2 million from a seed round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...