Tag : Corporate payments

Banks Risk Losing $230 Billion in Payments Revenue as Stablecoins and Tokenized Deposits Go Mainstream
Banking Digital Payments News

Banks Risk Losing $230 Billion in Payments Revenue as Stablecoins and Tokenized Deposits Go Mainstream

GlobeNewswire
by GlobeNewswire0
Banks risk losing $230 billion in payments revenue as stablecoins and tokenized deposits go mainstream Stablecoins, tokenized deposits and central bank digital currencies expected to account for 4% of global payments volume by 2030 Nearly 60% of corporates open to sourcing stablecoin services from non-bank providers Tokenized deposits emerge as......
Corpay Appoints European Operating Executive David Bunch to its Board of Directors
Digital Payments Finance News

Corpay Appoints European Operating Executive David Bunch to its Board of Directors

Business Wire
by Business Wire0
Corpay, Inc. , a leading global corporate payments company, announced the appointment of London-based David Bunch to its Board of Directors, effective immediately. Read More on Fintech : Global Fintech Interview with Kristin Kanders, Head of Marketing & Engagement, Plynk App Mr. Bunch currently serves as Group Executive Vice President for Mobility......
Corpay Completes Mastercard’s Minority Investment in Cross-Border Business
Digital Payments Investments News

Corpay Completes Mastercard’s Minority Investment in Cross-Border Business

Business Wire
by Business Wire0
Transaction values Corpay Cross-Border Business at approximately $13 billion Corpay, Inc. , the corporate payments company, announced that it has completed Mastercard’s  $300 million minority investment into Corpay’s cross-border business. Read More on Fintech : Global Fintech Interview with Mike Lynch, Principal, AI Strategy and Finance Transformation for Auditoria In April, Mastercard......
Corpay to Acquire Alpha Group, a B2B Cross Border FX Company
B2B Digital Payments Fintech News

Corpay to Acquire Alpha Group, a B2B Cross Border FX Company

Business Wire
by Business Wire0
Corpay, the corporate payments company, announced it has reached agreement on the terms of a recommended cash acquisition of Alpha Group International plc (LSE: ALPH) (“Alpha”). The acquisition values Alpha at an enterprise valuation of approximately $2.2 billion (£1.6 billion). Alpha is a leading provider of B2B cross border FX......
Corpay Invests Alongside TPG to Acquire AvidXchange
Digital Payments Fintech News

Corpay Invests Alongside TPG to Acquire AvidXchange

Business Wire
by Business Wire0
Makes $500 million minority investment in take-private transaction with option to acquire 100% Corpay, a leading corporate payments company, announced that it has signed a definitive agreement to make a minority investment in AvidXchange Holdings, Inc (“AvidXchange”) as part of a transaction to take AvidXchange private alongside TPG for $10.00......
Corpay to Acquire a Full AP Corporate Payments Company
Digital Payments News

Corpay to Acquire a Full AP Corporate Payments Company

Business Wire
by Business Wire0
Deal Strengthens Corpay’s Position in the Middle Market and Select Verticals Corpay, a leading corporate payments company, announced that it has signed a definitive agreement to acquire Paymerang, a leader in accounts payables automation solutions. The acquisition expands Corpay’s presence in four attractive vertical markets: education, healthcare, hospitality and manufacturing.......
SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments
Digital Payments News

SEB to Acquire AirPlus to Create a Leading European Provider in Corporate Payments

PR Newswire
by PR Newswire0
SEB Kort Bank AB, a leading corporate payment solutions provider in the Nordics and wholly owned subsidiary of SEB Group, has entered into an agreement with Lufthansa Group to acquire all shares in Lufthansa AirPlus Servicekarten GmbH, a leading provider within corporate payment services. Together, SEB Kort and AirPlus will......
TIS Kicks Off New Year in the US with Key New Hire, New Funding and New Business
Business Fintech Fintech Funding Investment Services News

TIS Kicks Off New Year in the US with Key New Hire, New Funding and New Business

Fintech News Desk
by Fintech News Desk0
Names Chris Calhoun as CEO of TIS in the Americas TIS (Treasury Intelligence Solutions Inc), a leading cloud platform vendor for corporate payments, announced today that it has appointed Chris Calhoun as CEO, Americas, as part of its commitment to its strategic focus on the US market. Read More: MiMo......
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