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Steven Dubner Joins Payrailz as VP of Payment Products
Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced it has hired Steven Dubner as Vice President of Payment Products. In this role, he will oversee payment product design, pricing, and promotion of Payrailz’ full range of digital payment solutions.
Finastra Extends Collaboration With National Bank of Greece for ISO 20022 Migration
Finastra is supporting National Bank of Greece (NBG) with its transition to the new ISO payments standard, due to come into force from November 2022. The bank is upgrading to the latest version of Finastra’s Fusion Global PAYplus payments hub.
Five Sigma Announces Extension Of Series A Investment From Aquiline Technology Growth
Five Sigma, a cloud-native Claims Management solution provider, announced an extension of its Series A round from Aquiline Technology Growth (ATG), bringing the company’s total funding to date to over $20 million. The company’s Series A funding was initially announced in September of 2021.
Milo Launches First U.S. Crypto Mortgage
Milo, a financial technology company that is reimagining the way global consumers access financial solutions, announced its new crypto mortgage. This is the world’s first crypto mortgage offering that makes it easy for crypto investors to utilize their digital assets to purchase US real estate. The digital banking leader will now expand its offerings to serve the rapidly growing crypto segment.
DeFi Needs to Be More Accessible For Greater Adoption
Decentralized technologies are about to revolutionize the global financial system and its institutions. Decentralized Finance (DeFi) offers interesting potential to reduce costs and increase the speed of payments by eliminating friction in terms of technology, contracting and coordination between several parties. DeFi delivers on the promise of faster, better, and cheaper payments, but a number of hurdles need to be overcome, including regulatory, business and technical adoption of this nascent infrastructure.
