Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...
Business finance platform multifi has launched 120-day payment terms available to small and medium-sized businesses (SMBs) in the United Kingdom. The official launch of this offering follows...
Socure and Trustly have partnered to offer merchants a pay-by-bank solution that includes a streamlined customer onboarding process and guaranteed fast payments. The solution designed for all merchants...
U.S. regulators are reportedly investigating whether artificial intelligence giant OpenAI’s investors were misled. As part of that investigation, the Securities and Exchange Commission (SEC) is...
Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about...
More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That...
Marqeta’s latest results spotlight continued traction in card issuance, and the company is targeting embedded finance opportunities in the year ahead. The company noted that...
Sage, an accounting technology firm serving small to medium-sized businesses (SMBs), is partnering with Amazon Web Services (AWS). This agreement will improve the way SMBs optimize...
The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its...