Tag : payments

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team
Fintech News

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team

Business Wire
by Business Wire0
Completes initial phase of debt restructuring covering 49 assets financed by Fannie Mae and Ally Bank Fannie Mae agreement will result in approximately $40 million of additional free cash flow over the next three years Conversant Capital, Sonida’s largest shareholder, provides $13.5 million equity commitment, available to Sonida at its......
US Financial Services Industry Study Demonstrates Feasibility of a Regulated Digital Asset Settlement Platform
Fintech News

US Financial Services Industry Study Demonstrates Feasibility of a Regulated Digital Asset Settlement Platform

Business Wire
by Business Wire0
The Regulated Liability Network U.S. Proof of Concept demonstrates the potential to upgrade international payments using deposit tokens settled in wholesale central bank digital currency Members of the US financial services sector published the findings of a proof of concept (PoC) that explored the feasibility of the regulated liability network (RLN),......
AidKit Partners With City of Cambridge on America’s First Non-Lottery Cash Assistance Program
Digital Payments News

AidKit Partners With City of Cambridge on America’s First Non-Lottery Cash Assistance Program

GlobeNewswire
by GlobeNewswire0
Trusted technology platform makes disbursing $22 million in assistance payments easy and secure AidKit announced that it is disbursing payments in a groundbreaking new cash assistance program from the City of Cambridge, Massachusetts. Rise Up Cambridge is a $22 million commitment to disbursing monthly payments of $500 to households that......
Juniper Research: Stablecoin Use to Surge, as Transaction Values to Grow 250% Globally by 2028
Cryptocurrency Digital Payments News

Juniper Research: Stablecoin Use to Surge, as Transaction Values to Grow 250% Globally by 2028

Business Wire
by Business Wire0
A new study from Juniper Research, the foremost experts in emerging payments, has found that the value of payment transactions powered by stablecoins will exceed $187 billion globally by 2028, up from $53 billion in 2023. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive Officer at Alpha Development “Stablecoins......
Tray.io Launches Low-code Solution to Remove Manual Finance Work and Automate Order-to-cash Operations
Finance News

Tray.io Launches Low-code Solution to Remove Manual Finance Work and Automate Order-to-cash Operations

Business Wire
by Business Wire0
Equips Finance Teams to Maintain Steady Cash Flows by Expediting Payment Collection and Eliminating Sluggish, Error-prone and Inefficient Processes Tray.io, the leader in low-code automation and integration, launched a new order-to-cash solution for finance and operations teams to automate and accelerate the payment collection process while eliminating departmental silos and reducing data entry......
Paysafe Report Reveals Need for Consumer Education to Propel AI Payments Into the Mainstream
Digital Payments News

Paysafe Report Reveals Need for Consumer Education to Propel AI Payments Into the Mainstream

Business Wire
by Business Wire0
Research highlights extent of untapped potential for AI and mixed reality payments With artificial intelligence (AI) being one of the most talked about technologies of 2023, consumers are gradually growing their understanding of its role in the payments process. Research* among over 14,000 consumers commissioned by global payments platform Paysafe......
Aktos Announces New Investment to Transform the $20B Accounts Receivable Management Industry
debt collection News

Aktos Announces New Investment to Transform the $20 Billion Accounts Receivable Management Industry

Business Wire
by Business Wire0
Crew Capital and 8VC co-lead $4.4M financing round for Aktos as company expands leading debt collections software platform Aktos, the leading system of record for modern debt collections agencies, announced that it has raised $4.4 million in Seed funding co-led by 8VC and Crew Capital. The new capital will be......
Transcard Unveils SMART Suite APIs for Streamlined Payment Integration
Digital Payments News

Transcard Unveils SMART Suite APIs for Streamlined Payment Integration

PR Newswire
by PR Newswire0
Transcard, a global leader in payments technology, announces the general availability of their innovative SMART Suite APIs, revolutionizing the way tech companies integrate payments into their platforms. This breakthrough solution eliminates the need for time-consuming aggregation of multiple provider platforms, providing businesses with a faster and more efficient way to......
ACI Readies European Banks and Merchants for Instant Payments
Digital Payments News

ACI Readies European Banks and Merchants for Instant Payments

Fintech News Desk
by Fintech News Desk0
Banks across Europe are working to comply with the proposed EC Mandate on Instant Payments, with just 12 months to comply from when the Mandate is confirmed ACI enables European banks to connect to their domestic instant payments scheme or to pan-European schemes TIPS and RT1 through its market-leading ACI......
Citi TTS Selects Pismo to Enrich Global Demand Deposit Account Solutions
Banking Digital Payments News

Citi TTS Selects Pismo to Enrich Global Demand Deposit Account Solutions

Business Wire
by Business Wire0
Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo’s technology platform to help strengthen Citi’s corporate demand deposit accounts (DDA), to clients worldwide. Latest Fintech Interview: Global Fintech Interview with Paul Monk, Chief Executive......
1