News

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]

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 [...]

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, [...]

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. [...]

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, [...]