0

Storr raises $3M, launches peer-to-peer mobile storefront marketplace

Storr, a San Francisco-based online retail marketplace, has raised another $3 million in funding led by Spark Capital officially launched its peer-to-peer platform, which allows anyone with a [...]

0

OpenFin raises $17M in funding led by Wells Fargo to expand financial OS

OpenFin Inc. has raised $17 million in Series C funding from major financial institutions, led by Wells Fargo & Co., to expand the use of its operating system software for banks. According to [...]

0

Co-op Financial Services debuts solution lines ecosystem for credit unions

Co-op Financial Services has developed new solution lines that align payments and financial technology solutions along five categories of products and services for credit unions. Co-op solution [...]

0

US Bank, Chrome River unveil AI-based mobile payment, expense management app

U.S. Bank and Chrome River recently unveiled a mobile payment and expense management tool, called the U.S. Bank Expense Wizard, which uses chatbots and artificial intelligence to help infrequent [...]

0

BMO to implement cross-border payments with Mastercard Send

Mastercard has entered an agreement with BMO Bank of Montreal to implement Mastercard Send, which will allow faster cross-border payments for its Canadian-based business and commercial banking [...]

0

Visa, FIS to collaborate on large cross-border B2B payments

Visa Inc. entered an agreement with Fidelity National Information Services Inc. to allow the company’s commercial financial institution clients to access Visa’s B2B Connect platform, [...]

0

Wells Fargo begins contactless credit, debit card rollout

Wells Fargo & Co. has announced the launch of contactless consumer credit and debit cards that will allow customers to tap-to-pay at millions of retail stores, public transit hubs and other [...]

0

Bill.com raises $88M, enters deal with Mastercard on faster payments for SMBs

Bill.com, a digital business payments company that manages about $60 billion in payments per year for 3 million-plus members, has raised $88 million in funding led by Franklin Templeton and, [...]

0

FIS to buy Worldpay for $35B in cash and stock

FIS, a Jacksonville, Florida-based financial technology firm, has entered an agreement to buy Worldpay Inc. for $35 billion in stock and cash, creating one of the world’s largest payments firms. [...]

0

Fed Reserve establishes working group on payments fraud data

The Federal Reserve has announced the members of its Fraud Definitions Work Group, an initiative to advance the Fed’s strategy for improving the U.S. payment system. Over the next year, [...]