October 11, 2023
Goldman Sachs Sells GreenSky Platform and Loan Assets

Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to...

October 10, 2023
Shared Digital Wallet Developer Braid Shuts Down After Four Years

A founder of Braid, a consumer payments startup, announced the company’s closure, marking the end of its four-year journey to expand the use of shared digital wallets. Founded in 2019...

October 10, 2023
Sopra Banking Software Launches AI-Enabled Core Banking System

Sopra Banking Software (SBS) has launched its artificial intelligence (AI)-enabled core banking system, the SBP Core Platform. The cloud-native platform harnesses the power of cloud technologies and artificial intelligence, the global...

October 10, 2023
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of businesses, particularly in the airlines...

October 10, 2023
Verifone Appoints Fiserv Executive Himanshu Patel as New CEO

Verifone appointed Fiserv executive Himanshu Patel as its new CEO effective Nov. 1. Patel succeeds Mike Kohlsdorf, who has been CEO since August, the global provider of payment solutions said...

October 10, 2023
kennek Raises $12.5 Million for B2B Lending Platform 

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  The firm will use the new funding to...

October 10, 2023
Report: PayU Indian IPO Could Value Company at $7 Billion

Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for an initial public offering (IPO)...

October 10, 2023
United Community Credit Union Partners With PSCU to Enhance Card...

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit and credit card processing services...

October 10, 2023
How Existing Payments Infrastructure Drives Innovation at Scale

The way money moves is evolving at a rapid and exciting clip. Fueling its rocket-ship acceleration are the twin engines of behavioral expectations grounded in digital convenience, and an increasing...