As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching is the partnerships between banks and FinTechs. As a group, they have created new ways of moving money, across apps,...
Visa is teaming with ClearBank on a partnership centered around issuance and money movement solutions. “By utilizing ClearBank’s cloud native banking infrastructure, Visa could soon benefit from its real-time payment processing, enhanced transaction visibility and a streamlined reconciliation process when processing transactions in the UK...
Banking-as-a-service (BaaS), as a business model, promises to reshape financial services. And a drumbeat of regulatory actions and continued scrutiny from a veritable alphabet soup of regulators promises to reshape BaaS. The model, generally speaking, is one in which non-banks gain access to banking features,...
Kobalt Labs, which offers an artificial intelligence-powered copilot for risk and compliance teams, joined the Treasury Prime Partner Marketplace. Banks using Treasury Prime’s embedded banking software can now use the Kobalt Labs solution to better manage their third-party diligence with AI, the companies said in...
December 20, 2024
As the banking and payments sector stands on the cusp of 2025 on a new regulation-averse government worldview, one of the issues that bears watching is the partnerships between banks and FinTechs. As a group, they have created new ways of moving money, across apps, platforms and mobile devices. FinTechs have largely been untested in […]
March 20, 2024
Ingo Payments CEO Drew Edwards told PYMNTS’ Karen Webster that the very definition of what a bank is — what it does and what it can do — is changing. Ask anyone working...
February 01, 2023
Two years ago, banking-as-a-service (BaaS) provider Treasury Prime, then a startup, raised $20 million. And Wednesday (Feb. 1), the company’s embedded banking marketplace model — which brings banks, FinTechs and...
December 23, 2024
Payments and financial services technology company Fiserv is acquiring earned wage access (EWA) provider Payfare. “This acquisition complements the embedded finance solutions of Fiserv with card program management, a white-label consumer app, and a microservices orchestration layer,” Fiserv said in a news release Monday (Dec. 23). Those offerings from Payfare, combined with Fiserv’s expertise in processing, bank ledgers and integrated […]
October 29, 2024
Visa is teaming with ClearBank on a partnership centered around issuance and money movement solutions. “By utilizing ClearBank’s cloud native banking infrastructure, Visa could soon benefit from its real-time payment...
August 20, 2024
Kobalt Labs, which offers an artificial intelligence-powered copilot for risk and compliance teams, joined the Treasury Prime Partner Marketplace. Banks using Treasury Prime’s embedded banking software can now use the...
August 09, 2024
Embedded banking firm ClearBank expanded from the United Kingdom to Europe. The newly established ClearBank Europe N.V. is headquartered in the Netherlands and has a Dutch banking license. It will...
