Category : Banking

Digital Payments Fintech News

PayMitto Sharpens Focus on Embedded Payment Solutions for Financial Institutions

GlobeNewswire
by GlobeNewswire0
Company expands use cases and platform capabilities as it moves forward. Brightwell’s financial institution business  rebrands as PayMitto, a dedicated platform for banks and credit unions seeking to offer global money movement and embedded payment solutions inside their own digital banking environment. The solution’s focus is exclusively on serving these......
Digital Payments Fintech News

Payments and Fintech Leader Wade Fairey Joins AvidXchange as Chief Operating Officer

GlobeNewswire
by GlobeNewswire0
Veteran executive brings deep operational and payments expertise to accelerate AvidXchange’s next phase of growth.  AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, announced the appointment of Wade Fairey as Chief Operating Officer. Wade joins AvidXchange with nearly three......
Digital Payments InsurTech News

Ra Pay AI Powers the First CLI AI Agent Payment in the Insurance and Reinsurance Industry

EIN Presswire
by EIN Presswire0
Ra Pay AI today announced it has executed the first command-line AI agent payment for a regulated insurance company. Ra Pay AI settles a live AI agent payment for Tabit Insurance, — the first such transaction by a regulated (re)insurer Ra Pay AI, the world’s first CLI-native AI agent payment......
Banking Credit Bureaus News

Eltropy Reports Record Scores in Employee Engagement Survey

EIN Presswire
by EIN Presswire0
Eltropy Employees Report High Confidence in Company’s Future Amid Continued Growth and AI Innovation Eltropy, the leading agentic AI platform for credit unions and community banks, recently announced the results of its H1 2026 employee engagement survey, with scores well above industry benchmarks. Eltropy’s overall engagement score reached 86%, exceeding......
Digital Payments News

PAX Technology, Inc. Strengthens U.S. Footprint with Atlanta Expansion

EIN Presswire
by EIN Presswire0
Strategic Move Places PAX at the Core of the Payments Hub PAX Technology, a global leader in payment solutions, announced the opening of its second U.S. office in Atlanta, widely recognized as the center of the payments industry. The new Atlanta office will be located at: “Being in the heart......
Banking Finance News

Vietnam Maritime Bank Achieves 200% Faster Loan Approvals with Intelligent Decisioning from FICO

Business Wire
by Business Wire0
MSB partners with FICO and Blitz to transform lending operations, accelerating decisions and reducing risk across its eight-million-strong customer base FICO – Vietnam Maritime Bank (MSB), one of Vietnam’s most established financial institutions, has achieved a 200% improvement in loan approval speed using FICO’s proven and powerful decisioning capabilities, implemented......
Digital Payments Finance News

Modern Treasury Adds USDC on Base, Expanding Stablecoin Support

Business Wire
by Business Wire0
This integration combines Modern Treasury’s payment service provider with USDC on Base, enabling developers to move and manage stablecoin and fiat payments via a single API. Modern Treasury announced support for USDC on Base, a secure, low-cost, builder-friendly blockchain incubated at Coinbase. This integration enables businesses to send and receive......
Digital Payments Finance News

Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice

PR Newswire
by PR Newswire0
Launching next quarter: Bank of America’s global cross-border real-time payments solution will enable corporate, commercial and financial institution clients to send and receive funds instantly via Swift or CashPro®. Built for high-volume, low-value flows such as person-to-person (P2P) and business-to-consumer (B2C) transactions that are expected to increase by 58% and......
Banking Lending News

Mark Roach Joins Pinnacle Bank as Executive Vice President, Senior Lending Officer

Business Wire
by Business Wire0
Pinnacle Bank headquartered in Gilroy, CA announced that Mark Roach has joined the bank as Executive Vice President, Senior Lending Officer. Read More on Fintech : Global Fintech Interview with Rob Young, Managing Director – UK at InDebted “We are very excited to have Mark Roach join Pinnacle Bank as a Senior......
Banking Finance News

Eastern Bank Provides Financing To Support Surety Bond Professionals’ Transition To Employee Ownership

Business Wire
by Business Wire0
Eastern Bank announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP), a revolving line of credit to support......
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