Search Results for: Funds

Introducing Tap to Pay for Venmo and PayPal Zettle Businesses in the US
Digital Payments Digital Wallet News

Introducing Tap to Pay for Venmo and PayPal Zettle Businesses in the US

PR Newswire
by PR Newswire0
Tap to Pay enables small businesses to accept contactless payments (including cards and digital wallets) in-person, directly on their mobile devices with no additional hardware or upfront cost PayPal Holdings, Inc. announced that Tap to Pay on Android is rolling out for Venmo business profile users in the U.S., enabling them to......
Pleo Extends Partnership with Yapily for Instant Wallet Top-ups in UK, France, and the Netherlands
Banking Fintech News

Pleo Extends Partnership with Yapily for Instant Wallet Top-ups in UK, France, and the Netherlands

Fintech News Desk
by Fintech News Desk0
80% of customers who have tried open banking payments use it regularly for account top-ups Pleo, the Danishbusiness spend fintech serving 25,000 companies across Europe, extends its partnership with Yapily, the leading open banking infrastructure platform, as it expands into Europe and adopts Variable Recurring Payments (VRPs) to automate account......
HCG Fund Management, LP to Purchase Loans Facilitated by Shopify Capital
Commerce E-commerce Fintech News

HCG Fund Management, LP to Purchase Loans Facilitated by Shopify Capital

Business Wire
by Business Wire0
HCG Fund Management LP (“HCG”) has entered into an agreement to purchase loans facilitated by Shopify Capital, the capital arm of Shopify, Inc (“Shopify”). Shopify is a highly regarded leader in e-commerce, and the relationship will help support the democratization of credit access for thousands of small and micro online businesses......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
by Fintech News Desk0
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Bitget Launches Localized Website With Fiat Gateway For Turkish Users
Cryptocurrency News

Bitget Launches Localized Website With Fiat Gateway For Turkish Users

PR Newswire
by PR Newswire0
Bitget, top crypto derivatives and copy trading platform, has announced the launch of its Turkish website, Bitget TR, to provide localized services for users in Turkey. The dedicated Turkish platform is the newest addition to the Bitget family, which strengthens the global presence of the Bitget brand with a special focus on the......
Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank
Investment Services News

Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank

Business Wire
by Business Wire0
Ares Management Corporation, a leading global alternative investment manager, announced that certain funds managed by its Alternative Credit strategy have completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. “Our team is an established leader in providing creative and flexible solutions to asset-focused investment opportunities”......
Sardine Launches Industry-Wide Consortium to Curb The Rapid Rise of Payment Fraud
Digital Payments News

Sardine Launches Industry-Wide Consortium to Curb The Rapid Rise of Payment Fraud

Business Wire
by Business Wire0
 Founding members, including Chesapeake Bank, Visa, Novo, Spring Labs, iLex, Blockchain.com, Alloy Labs Alliance, and Airbase, cover all major sectors of financial services Sardine announced the formation of SardineX, an industry-wide, independent consortium to curtail payment fraud by bringing together established financial institutions and emerging fintech organizations to establish trust......
FundingShield Leverages Mastercard Open Banking to Expand Payment Verification Solutions
Banking Fintech News

FundingShield Leverages Mastercard Open Banking to Expand Payment Verification Solutions

Business Wire
by Business Wire0
FundingShield, a market-leading, cloud-based firm providing fintech solutions to manage risk, compliance and fraud prevention, has entered a partnership with Mastercard to leverage its open banking platform delivered by Finicity, a Mastercard company. FundingShield provides live, source data-based technology products and SaaS solutions that have been used to secure the......
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