Category : Banking

Banking Finance News

AccessPay Accelerates Growth With Majority Investment From Leading Software Investor, Accel-KKR

Fintech News Desk
by Fintech News Desk0
Financial backing enables AccessPay to scale services for enterprise clients and drive innovation in finance operations AccessPay, a leading bank integration and payment automation provider, has secured a majority investment from Accel-KKR, a prominent global private equity firm specialising in enterprise technology and software companies. The investment is expected to enable......
Digital Payments Finance News

Thunes Empowers the Global Economy with Instant Cross-Border Payouts for Gig and Remote Workers

PR Newswire
by PR Newswire0
Thunes, the Smart Superhighway to move money around the world, has launched a direct-to-workforce cross-border payout solution that allows businesses to pay remote overseas teams, freelancers, and gig workers instantly. Thunes enables real-time compensation to be paid into 12 billion bank accounts, mobile wallets, and stablecoin wallets, across 140 countries, 24/7. The solution is accessible......
Digital Payments Finance News

Nium Launches Dual-Network Stablecoin Card Issuance Platform Enabling Businesses to Spend Digital Dollars at Hundreds of Millions of Merchant Locations Worldwide

PR Newswire
by PR Newswire0
Nium delivers the first enterprise platform spanning both Visa and Mastercard, backed by 40+ regulatory licenses across 190+ countries – requiring no new infrastructure to build. Nium, the global infrastructure leader for real-time cross-border payments and card issuance, launched its stablecoin card issuance platform. The solution enables companies holding stablecoins......
Banking Finance News

Mphasis and Flagstar Bank Mark Major Milestone by Completing First Phase of Modernizing the Bank’s Technology Infrastructure

PR Newswire
by PR Newswire0
One year of collaboration delivers a next‑generation data‑center and cloud platform, strengthened operational resilience, and improved performance Mphasis, a global AI‑led, platform‑driven technology solutions provider, announced the successful completion of a major technology modernization program with Flagstar Bank, N.A., marking one year of the successful collaboration between the two organizations.......
Banking Finance News

Finster AI Announces Strategic Partnership with FactSet to Power FactSet’s new AI-native platform for Banking

PR Newswire
by PR Newswire0
FactSet also makes an investment in Finster AI Finster AI, a leader in agentic AI solutions for financial services, announced a strategic partnership with FactSet to power the firm’s newly launched AI-driven workflow automation platform for banking. Alongside the partnership, FactSet has made an investment in Finster AI, further strengthening the......
Banking Finance News

Trustmark Names Thomas C. Owens as Chief Operating Officer and Joseph E. Bond as Chief Financial Officer

Business Wire
by Business Wire0
The Boards of Directors of Trustmark Corporation and Trustmark Bank announced that Thomas C. Owens will become Chief Operating Officer of Trustmark Bank effective May 1, 2026. Joseph E. Bond will succeed Mr. Owens as Treasurer and Principal Financial Officer of Trustmark Corporation and Executive Vice President and Chief Financial......
Banking Digital Payments News

REPAY Announces Agreement to Acquire KUBRA

Business Wire
by Business Wire0
Combination creates a Scaled Consumer Bill Payment Provider REPAY to host conference call tomorrow at 8:00 AM ET Repay Holdings Corporation  (“REPAY” or the “Company”), a leading provider of integrated payment processing solutions, announced a definitive agreement to acquire Kubra Data Transfer LTD. (“KUBRA”) for approximately $372 million. The acquisition will be......
Banking Lending News

CAPX Emerges as Infrastructure Layer To Secure Credit Lines for Middle-Market Companies

Business Wire
by Business Wire0
CAPX, the leading marketplace connecting middle-market companies with institutional lenders, announced that a global customized products company secured a line of credit through its platform, highlighting a structural shift in how U.S. companies access debt capital as lending markets fragment. Read More on Fintech : Global Fintech Interview with Baran Ozkan, co-founder......
Banking Digital Payments News

Phixius by Nacha Adds Advanced Fraud Solutions as Fourth Data Responder

Business Wire
by Business Wire0
Phixius by Nacha—a secure, peer-to-peer payment information network—announced that Advanced Fraud Solutions is now live on the Phixius network as a data responder. This addition makes Advanced Fraud Solutions the fourth data responder on Phixius, further expanding the breadth of account validation coverage available to Phixius users. Read More on......
Banking Finance News

WebBank Announces Erik Cannon Named EVP – Chief Operations Officer

Business Wire
by Business Wire0
WebBank announced the promotion of Erik Cannon to Executive Vice President, Chief Operations Officer. In this expanded role, Erik will continue advancing operational excellence across the Bank while driving strategic alignment and scalable growth. Read More on Fintech : Global Fintech Interview with Baran Ozkan, co-founder & CEO of Flagright Erik’s elevation......
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