Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and financial institutions, the company said in a news release. TabaPay noted that the two firms had offered complementary financial technology...
Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the digital bank/Fintech firm said in a Monday (April 15) news release. “Renata is an impressive leader whose deep experience driving strategy...
Finzly has launched a new solution designed to help banks of all sizes participate in the embedded banking market. The new Account Galaxy includes virtual account and virtual ledger capabilities, the provider of modern money movement systems to financial institutions said in a Thursday (April 4) press release. “With...
The evolution of money movement, and of banking, are intrinsically linked. That’s why, as money became digitized and embedded, so too did banking, via the first iteration of the banking-as-a-service (BaaS) model. But as digital, instant payments become regarded as the norm, and the BaaS...
April 25, 2024
Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given the shifting dynamics and challenges of the contemporary macro operating environment, where courageous and agile decisions are the life blood of business success. “The FinTech […]
April 25, 2023
Digitization across the banking landscape is a one-way street that is only accelerating. As modern solutions and systems take the marketplace by storm, it is imperative that firms establish both...
January 13, 2023
Marcus aside, Goldman Sachs has heavy lifting ahead as the Wall Street giant pursues embedded finance. As reported in SEC filings from Friday (Jan. 13), Goldman has detailed how it...
January 09, 2023
Macro headwinds aside, embedded finance is poised for long-term growth. Itai Damti, CEO of the Banking-as-a-Service platform (BaaS) Unit, told PYMNTS that BaaS and embedded finance models would change the...
April 21, 2024
Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and financial institutions, the company said in a news release. TabaPay noted that the two firms had offered complementary financial technology services, with both companies appearing on Deloitte’s 2023 Fast 500. […]
April 15, 2024
Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the digital bank/Fintech firm said in...
April 04, 2024
Finzly has launched a new solution designed to help banks of all sizes participate in the embedded banking market. The new Account Galaxy includes virtual account and virtual ledger capabilities, the provider of...
March 11, 2024
British banking-as-a-service (BaaS) platform Griffin is now officially a fully operational bank. The company announced Sunday (March 10) that it had received approval from the U.K.’s financial services regulators, the...
