December 07, 2023
Trucking FinTech Solvento Secures $50 Million Debt Facility, Launches AP...

Solvento has secured a $50 million debt facility and equity to further develop and expand the use of its payment and credit infrastructure for Latin America’s trucking sector. The Mexican...

December 07, 2023
3,200 VC-Backed Companies Go Under in ‘Difficult Year’ for Startups

Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and...

December 07, 2023
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged as the leading method for...

December 06, 2023
Mastercard and Brim Financial Partner on Credit Card Infrastructure

Mastercard and credit card-as-a-service company Brim Financial formed a partnership. The tie-up aims to modernize credit card infrastructure in the United States and power innovation in credit card platforms, the...

December 06, 2023
Citi Invests in and Expands Use of FinTech Firm Icon...

Citi has invested in payments technology company Icon Solutions as it modernizes its payments platform. The investment, made via Citi Treasury and Trade Solutions, comes as Citi also plans to expand its use of...

December 06, 2023
Sika Health Launches Marketplace for Shopping With HSA, FSA Funds

Sika Health has launched a marketplace that makes it easy for consumers to shop at more than 30 health and wellness brands and retailers with Health Savings Account (HSA) and...

December 06, 2023
Nearly 1 in 5 Big Revolving Credit Users May Choose...

National banks dominate the U.S. consumer credit card industry, with a strong position that is unlikely to be challenged anytime soon. However, smaller financial institutions (FIs) are slowly gaining ground....

December 06, 2023
Zeller Adds Corporate Cards to Financial Services Ecosystem

Australian FinTech Zeller has added corporate cards to its financial services ecosystem. The new Zeller Corporate Cards are designed to streamline expense management and serve a variety of use cases,...

December 06, 2023
Late Payments Plague 100% of Construction Companies

Late business-to-business (B2B) payments are the bane of any accounts receivable (AR) department. The headaches caused by late B2B payments affect more than just the accountants, as the entire firm...