Tag : Velocity

Thredd Partners with Velocity to Expand Global Payments Platform, Offer Stablecoin-Powered Money Movement
Banking Digital Payments News

Thredd Partners with Velocity to Expand Global Payments Platform, Offer Stablecoin-Powered Money Movement

Business Wire
by Business Wire0
New capabilities will connect cards, fiat payment rails, and stablecoins through one integrated platform experience Thredd, the AI-first issuer processing platform, announced the expansion of its payments platform to include stablecoin-powered money movement capabilities, through a partnership with Velocity, the stablecoin treasury and settlement platform bringing enterprises onchain. Read More......
Visa, Circle and Haun Ventures Back Velocity in Series A Extension, Bringing Total Series A Funding to $48 million
Digital Payments Fintech News

Visa, Circle and Haun Ventures Back Velocity in Series A Extension, Bringing Total Series A Funding to $48 million

Business Wire
by Business Wire0
Velocity, the stablecoin payments and treasury platform, announced a $10 million extension to its Series A, with investment from Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital and Mirana Ventures. The extension follows Velocity’s $38 million Series A announced last month and will support the company’s work to bring......
MVB Partners with Velocity to Join Visa Direct Stablecoin Settlement Network
Banking Fintech News

MVB Partners with Velocity to Join Visa Direct Stablecoin Settlement Network

PR Newswire
by PR Newswire0
MVB Financial Corp., a leading banking partner to fintechs and innovation-driven companies, and Velocity, an enterprise payments and treasury platform powered by stablecoins, announced that MVB will participate in a Visa Direct pilot supporting stablecoin-enabled funding and settlement for eligible push-to-card payouts. Availability varies by eligibility and geography. Please contact your Visa representative for more information......
Velocity Raises $38 Million Series A to Bring Enterprise-Grade Stablecoin Infrastructure to Global Treasury and Payments
Digital Payments Finance News

Velocity Raises $38 Million Series A to Bring Enterprise-Grade Stablecoin Infrastructure to Global Treasury and Payments

Business Wire
by Business Wire0
Backed by Dragonfly, FirstMark, Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures and Ripple, Velocity is helping enterprises, payment providers and financial institutions adopt stablecoin-powered treasury and settlement infrastructure. Velocity, the stablecoin treasury and settlement platform bringing enterprises onchain, announced a $38 million Series A round led by Dragonfly......
New ACH goes Live in Zimbabwe
Banking Economy Fintech News

New ACH goes Live in Zimbabwe

Fintech News Desk
by Fintech News Desk0
Finteq Africa is proud to announce the recent go-live of their flagship product, FCH. This is an ISO 20022 EFT Clearing House solution, deployed into the Zimbabwe financial industry through the National Switch, Zimswitch. The Finteq ISO 20022 EFT ACH subscribes to globally accepted and promoted payment processing standards, helping African......
Compliance.ai
Fintech News

Compliance.ai’s Modern Regulatory Change Management Platform Now Supports RSA Archer® to Help Manage Increased Velocity and Complexity of Regulation Changes

Fintech News Desk
by Fintech News Desk0
RSA Archer users now have access to Compliance.ai’s regulatory intelligence to help financial and insurance sector compliance teams modernize their regulatory change management processes Compliance.ai has joined the RSA® Ready Technology Partner Program and the Compliance.ai platform now supports the RSA Archer® Corporate Obligations Management use case. The offering simplifies......
Velocity Solutions Responds to CFPB’s Final Rule on Payday and Small Dollar Lending
Fintech News

Velocity Solutions Responds to CFPB’s Final Rule on Payday and Small Dollar Lending

Fintech News Desk
by Fintech News Desk0
Velocity Solutions, the Consumer Financial Protection Bureau issued a final rule concerning payday and small dollar lending to maintain consumer access to credit and competition in the marketplace. The final Payday, Vehicle Title, and Certain High-Cost Installment Loans rule rescinds the mandatory underwriting provisions of the 2017 rule, which required......
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