Search Results for: card payment

Brex Adapts Rewards, Adds SBA Loan Support to Help Customers During COVID-19 Crisis
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
by Fintech News Desk0
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients
Banking News

Bank of America Expands Unlimited Zero-Dollar Trades to All Merrill Edge Self-Directed Clients

Admin
by Admin0
Bank of America announced the expansion of unlimited commission-free online stock, ETF and option trading to all Merrill Edge Self-Directed investors. Zero-dollar trades, together with the firm’s powerful combination of personalized guidance, straightforward tools, professional expertise and the industry-leading Preferred Rewards program, ensure Bank of America and Merrill clients can pursue their......
Payrailz Promotes Song Nunnallee to VP of Implementation
Banking News

Payrailz Promotes Song Nunnallee to VP of Implementation

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by Admin0
Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions, announced the promotion of Song Nunnallee from director to vice president of implementations to further emphasize the company’s commitment to providing exceptional customer service. In this expanded role, and reporting to Payrailz’ COO Paul......
BankTEL Launches First AvidPay Customer
Banking News

BankTEL Launches First AvidPay Customer

Fintech News Desk
by Fintech News Desk0
Studio Bank Gains Access to Largest B2B Payments Network With Avidpay Integration  BankTEL, an AvidXchange company, announced that it has launched its first AvidPay customer, Nashville-based Studio Bank. The product launch for Studio Bank represents a significant milestone following the October 2019 acquisition of BankTEL by AvidXchange. Read More: Republic Provides a $1.5 million Facility to......
Starship Raises $11 million to Expand Access to Health Savings Accounts
Fintech Startups News

Starship Raises $11 million to Expand Access to Health Savings Accounts

Fintech News Desk
by Fintech News Desk0
New Funds and Major Partnership Make Health Savings Accounts More Accessible to Americans, regardless of Employment Status Fresh off of a Series A investment of $7 million led by Valar Ventures—bringing total money raised to $11 million—fintech startup Starship is making portable health savings accounts available to drivers, delivery persons and carriers who use......
Henry Ellenbogen's Durable Capital Partners LP Makes First Investment in Fast-Growing Fintech-as-a-Service Provider Rapyd
Investment Services News

Henry Ellenbogen’s Durable Capital Partners LP Makes First Investment in Fast-Growing Fintech-as-a-Service Provider Rapyd

Fintech News Desk
by Fintech News Desk0
Henry Ellenbogen’s Durable Capital Partners LP Recognizes Rising Demand in Global Markets for Integrated Fintech Solutions Rapyd, a global Fintech-as-a-service provider announced that Durable Capital Partners LP, has made its first investment in Rapyd. This follow-on investment brings the total funding Rapyd has raised to-date to approximately $180 million, including......
Online Shoppers Should be on the Lookout for eSkimmers, a Digital Version of Porch Pirates
Business News

Online Shoppers Should be on the Lookout for eSkimmers, a Digital Version of Porch Pirates

Fintech News Desk
by Fintech News Desk0
In advance of the holiday shopping season, consumers throughout the United States are being warned of the prevalence of eSkimmers, a new breed of software hackers that infiltrate a shopping website and use malware to steal credit card or debit card information as the consumer enters it at point-of-sale. “At......
The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies
Banking News

The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies

Fintech News Desk
by Fintech News Desk0
Twice as many Americans expect to use a banking app than visit a physical bank branch in the next three months, with more than 60 percent doing the majority of their banking online. Mobile banking apps have surpassed physical branches as the most critical touchpoint of the banking experience, according to......
UK Consumer Appetite for Digital-Only Banking Grows As Cashless Society Beckons
Banking News

UK Consumer Appetite for Digital-Only Banking Grows As Cashless Society Beckons

Fintech News Desk
by Fintech News Desk0
41% of UK consumers are considering a switch to digital-only banking, with Millennials leading the charge The UK is ripe for a proliferation of digital banking offerings, according to a survey of UK consumers by Marqeta, whose advanced payments infrastructure and open-API platform has pioneered a new standard for Modern Card......
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