FIS is selling its majority stake in Worldpay to private equity group GTCR for $18.5 billion. The payments company announced the sale Thursday (July 6), days after reports that GTCR and Advent...
A troubled economy continues to take its toll on small to midsized businesses (SMBs). Just half of small business banking customers are now considered financially...
Visa and SAP have partnered to digitize and speed up B2B payments in the Asia-Pacific (APAC) region. With this collaboration, Visa payments will be embedded into SAP’s ecosystem of...
The head of Goldman Sachs Group’s FinTech unit is taking a leave of absence. Stephanie Cohen, global head of the firm’s Platform Solutions unit and a...
FinTech giant FIS has reportedly acquired embedded finance startup Bond Financial Technologies. TechCrunch reported Friday (June 9) that unnamed sources confirmed the acquisition after Fintech Business Weekly’s Jason Mikula broke...
The digitization of everyday life is transforming nearly every consumer touchpoint, particularly payments. As the world continues to hit new levels of daily digital engagement, generative...
Embedded finance startup Weavr has teamed with Visa in the B2B Software-as-a-Service (SaaS) space. The partnership, announced Thursday (June 1), is aimed at speeding the...
Despite increasing innovation in the B2B space, continued reliance on manual processes and the resulting slow pace and high operating costs associated with managing receivables...
Thomas Priore, CEO of Priority, says the recent banking sector instability will drive more businesses to alternative solutions that offer enhanced transparency, faster cash flow...