Author: hjenkins42

News that Venmo is now accepting transfers of cryptocurrency is among the top stories in crypto of late. Here are some of the other stories making the crypto headlines. Paxos Partners with Fierce Finance Blockchain infrastructure platform Paxos has forged a partnership with financial services app, Fierce Finance. Paxos’ technology will be leveraged to power…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. Hyperswitch, launched in January 2023, is an open source payments switch designed to make payments fast, reliable, and affordable. Features Improve payment conversions Reduce payment costs Reduce development & maintenance efforts Why it’s…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. PayTic provides a SaaS solution for card issuers and program managers that automates network fee analysis, reconciliation, dispute submission, exceptions management, and reporting. Features Efficiency: Program management processes live in a single platform…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. FinTech Insights by Scientia is a competitive analysis tool for banks and fintechs that provides all the data a company needs to outsmart their competition in one powerful, user-friendly platform. Features Reveals gaps…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. ModernTax provides fast and secure access to millions of financial data points for businesses to verify tax filings and wage and income reports. It delivers coverage of over 7 million unique entities in…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. QuickFi’s latest e-commerce technology allows business borrowers to shop and consummate financing for business equipment – all within minutes, instead of days or weeks. Features Easily embeds into lender or manufacturer’s website 100%…

PacWest Bancorp said core deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders. “The bank has not experienced out-of-the-ordinary deposit flows following the sale of…

Behavioral biometrics and fraud detection innovator BioCatch has raised $40 million in funding. The investment gives Permira a “significant minority stake” in the Tel-Aviv-based company. BioCatch made its Finovate debut at FinovateFall 2014. Behavioral biometrics innovator BioCatch has raised $40 million in funding courtesy of an investment from Permira Growth Opportunities. The capital gives Permira…

U.S. Bank is offering embedded payments capabilities to accounts payable automation software solution PaperTrl. The bank launched Instant Card in 2020 — a payment method for its business clients to use within the U.S. Bank app — but its clients were asking for a way to embed the capability into their own apps, Bradley Matthews,…