Embedded payments, embedded lending and a continuing shift to virtual cards all demand a reconsideration of technical infrastructure. Banks, grappling with legacy back-end systems, and...
Citi Ventures has become a strategic investor in Tuum in an extension to the Series B funding round Tuum announced in February. Together with its investment, Citi Ventures...
Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow...
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together...
Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native...
A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion...
The U.K.’s Commonwealth Trade Bank is planning to overhaul its trade finance infrastructure and has announced a new partner to support the initiative. A press...
Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. According to the report, the...
In an age where financial technology aims to reinvent the way that consumers interact with banks, it makes sense that some companies should consider it...