Category : Banking

Banking Finance News

OpenFX Raises $94 Million Series A to Scale Cross-Border Money Movement

Business Wire
by Business Wire0
Series A Reflects Institutional Utility as OpenFX Advances Liquidity Depth Across Global Corridors, Exceeding $45 Billion in Annualized Payment Volume OpenFX, the FX infrastructure company revolutionizing the rails powering cross-border money movement, announced it has raised $94 million in Series A funding from Accel, Atomico, Lightspeed Faction, M13, Northzone, &......
Banking Finance News

Nearly 80% of Americans use AI Tools but Most Still Want Humans Making Financial Decisions, TD Survey Finds

Business Wire
by Business Wire0
TD’s Second Annual U.S. AI Insights Report shows AI has shifted from experimentation to everyday expectation, while trust and human oversight remain essential Artificial intelligence (AI) has reached a consumer inflection point. As AI rapidly shifts from experimentation to everyday expectation, Americans are embracing its benefits while becoming more deliberate about......
Banking Finance News

First Merchants Bank Selects Spiral to Power Personalized Savings and Community Giving Through Everyday Banking

Business Wire
by Business Wire0
First Merchants Bank adds Spiral to enhance financial wellness, helping customers grow their savings and support local nonprofits through personalized digital experiences and everyday debit card purchases. Spiral, an award-winning platform redefining personalized banking, announced a partnership with First Merchants Bank, one of the Midwest’s premier community banks serving Indiana,......
Digital Payments Fintech News

FLEXIFAI Deploys AI-driven Routing Engine, Lifting Payment Conversion by 30 p.p. in Ghana

GlobeNewswire
by GlobeNewswire0
The fintech infrastructure provider reports a conversion rate increase from 43% to 73% within 30 days for an online operator in Ghana, citing pattern-based fraud detection and real-time routing as primary drivers. Flexifai, a payment technology provider specializing in high-friction markets, has completed the deployment of an AI-based routing engine......
Artificial Intelligence Banking News

FactSet Accelerates Innovation in Banking with Launch of a New AI-Native Solution in Partnership with Finster AI

GlobeNewswire
by GlobeNewswire0
FactSet also announces an investment in Finster AI FactSet, a global financial digital platform and enterprise solutions provider, announced the alpha launch of FactSet AI for Banking, an AI-powered workflow automation ecosystem. Built in collaboration with Finster AI, FactSet’s AI solution for banking gives investment banking teams and, more broadly,......
Digital Payments Digital Wallet News

PassEntry Introduces Frictionless One-Tap Loyalty Scheme as Iceland’s Hagar launches ‘Takk’

EIN Presswire
by EIN Presswire0
PassEntry, the B2B SaaS company powering wallet-native digital passes at scale, has launched Takk (“Thank You”), a new digital loyalty programme for Hagar, Iceland’s largest retail group and operator of the Bónus, Hagkaup, and Olis grocery, hypermarket, and fuel brands. The loyalty scheme is powered by PassEntry’s proprietary PassTap™ module......
Banking Finance News

TrackStar AI Named Finalist in Banking Tech Awards USA 2026 for Best AI Solution — Customer Focus & Engagement

EIN Presswire
by EIN Presswire0
TrackStar AI was recognized for its flagship platform, Revelar Led by fintech industry veteran and former Equifax President Mark Edward Miller, TrackStar AI’s Revelar platform is transforming how lenders engage borrowers — 30 million records processed, 160% lift in financial wellness engagement, and 3.4 million credit errors uncovered in a......
Digital Payments News

Payway Adds Integrated PayPal Support to Streamline Subscription Payments Expanding its Suite of Payment Options

Cision PRWeb
by Cision PRWeb0
New capability enables merchants to manage PayPal transactions alongside all payment methods within a single API Payway (formerly Edgil), a leading payment software company, announced the addition of integrated PayPal support within its RESTful API, enabling merchants to offer PayPal as a payment option without requiring a separate system or......
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......
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