Tag : Payments-as-a-Service

Digital Payments News

Source-to-Pay Software Solution Leader Proactis Announces Partnership with AP Payments-as-a-Service Fintech Finexio

PR Newswire
by PR Newswire0
The solution enables superior control over AP spend and cashflow, by automating the disbursement and settlement of payment to suppliers, quickly and securely Proactis, the leading Source-to-Pay software solution provider for mid-market organizations, and Finexio, the leading digital Accounts Payable (AP) Payments-as-a-Service company, announced a strategic partnership that expands Proactis’......
94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation
Digital Payments News

94% Of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation

PR Newswire
by PR Newswire0
Research from Aite-Novarica Group, supported by Finastra, indicates that banks must invest in new technologies as business customers demand more robust payment capabilities Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for......
ThetaRay and Piie Collaborate in AI Technology for Insurance Payments
Artificial Intelligence InsurTech News

ThetaRay and Piie Collaborate in AI Technology for Insurance Payments

Fintech News Desk
by Fintech News Desk0
Insurtech startup to integrate ThetaRay AML solution to provide risk protection and insights for the insurance industry ThetaRay, a leading provider of AI-powered transaction monitoring technology, and Piie, Inc., an insurtech providing an intelligent payment engine, announced a collaboration to implement an advanced AML solution for insurance claim payments. “ThetaRay’s......
Hamburg Commercial Bank Transfers its SEPA Processing to Broadridge's BPO Payments Service
Banking Digital Payments News

Hamburg Commercial Bank Transfers its SEPA Processing to Broadridge’s BPO Payments Service

Fintech News Desk
by Fintech News Desk0
Hamburg Commercial Bank (HCOB) has successfully completed the transformation of its SEPA (Single Euro Payments Area) payments business to a cloud-based, next-generation platform run by leading global Fintech provider Broadridge Financial Solutions, The transition was made to Broadridge’s Payments as a Service and BPO operation that uses PPI AG’s advanced payments technology.......
Jack Henry & Associates to Acquire Payrailz
Digital Payments News

Jack Henry & Associates to Acquire Payrailz

Fintech News Desk
by Fintech News Desk0
Acquisition of next-generation, AI-driven, cloud-native digital payment platform further expands Jack Henry’s presence and capabilities in the payments industry Jack Henry & Associates, Inc. announced that it has entered into a definitive agreement to acquire Payrailz, adding the company’s next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry’s payments ecosystem. Based in Glastonbury,......
Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million
Fintech Funding News

Finexio Raises $14 Million in Initial Close of Series B, Company Valued at $100 Million

Fintech News Desk
by Fintech News Desk0
Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, announces the first close of its $30 million funding round at a $100 million pre-money valuation co-led by Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC). Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments,......
Masabi Secures Significant Strategic Growth Investment From Accel-KKR
Digital Payments News

Ticketing Innovator Masabi Secures Significant Strategic Growth Investment From Accel-KKR

Fintech News Desk
by Fintech News Desk0
New Funding to Accelerate Platform Innovation and Fuel Rapid Market Expansion with Public Transport Agencies Globally Masabi, the company bringing the latest ticketing innovations to public transport around the world via ‘Fare Payments-as-a-Service’, announced a strategic growth investment from Accel-KKR, a leading technology-focused private equity firm with over $11 billion......
BNY Mellon and Poste Italiane Increase Investment in Volante Technologies to Further Payments Innovation
Digital Payments News

BNY Mellon and Poste Italiane Increase Investment in Volante Technologies to Further Payments Innovation

Fintech News Desk
by Fintech News Desk0
Volante Technologies, the global leader in cloud payments and financial messaging, announced it received additional growth funding from BNY Mellon and Poste Italiane. With this investment, both banks are solidifying their commitment to payments modernization and affirming the key role Volante plays in the evolution of payments. “We are laser-focused on digitizing payments.......
Astra Earns SOC 2 Type 2 Certification for Security Compliance
News Security

Astra Earns SOC 2 Type 2 Certification for Security Compliance

Fintech News Desk
by Fintech News Desk0
Successful completion of the audit confirms that the bank-to-bank transfer platform exceeds the industry’s highest security and privacy standards Astra, the automation platform for money movement, has been awarded the System and Organization Controls 2 (SOC 2) Type 2 Certification, validating the company’s dedication to delivering the highest level of security......
JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio
B2B Digital Payments News

JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio

Fintech News Desk
by Fintech News Desk0
JAGGAER Pay Enhances Source-to-Pay Offering with Automated Accounts Payable Solution JAGGAER, the global leader in Autonomous Commerce, and Finexio, the fast-growing digital Accounts Payable (AP) payments-as-a-service company, announced a strategic partnership that expands JAGGAER’s offerings to include a service-centric solution to simplify and optimize business-to-business (B2B) payments. “JAGGAER’s focus on......
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