Sila news and trends

Open Banking, Supply Chain Tech Land Fresh VC Funding
B2B Payments // April 10, 2020

Adding to ongoing confusion and hiccups surrounding the U.S. stimulus package, some small- to medium-sized businesses (SMBs) remain unclear as to whether their ties to venture capital investors will exclude them from being able to access Paycheck Protection Program (PPP) loans. As venture capital firms...

FinTechs Take On Payment Rail Status Quo
B2B Payments // April 09, 2020

Although SWIFT revealed plans for its account-to-account functionality last month, the announcement only began making headlines a few days ago. Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. The account-to-account solution aims to...

Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup
Bitcoin // April 05, 2019

People who want to use UnionBank of the Philippines‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The Next Web, UBP, the seventh-largest bank in the Philippines, launched its first cryptocurrency ATM this week. However, users will need to...

Quick Reads
Sila Introduces Real-Time Access to ACH Debits on Platform

August 10, 2023
Sila has introduced a product that offers customers real-time access to ACH debits made to its platform. The new Instant Settlement offering eliminates the need for companies to rely on their own capital or endure the delays of traditional ACH debits, the FinTech company said in a Thursday (Aug. 10) press release. Sila pre-funds the consumer’s digital wallet within […]

Bitcoin Daily: UnionBank Launches Bitcoin ATM; Coinbase Invests In Disappearing Blockchain Startup

April 05, 2019
People who want to use UnionBank of the Philippines‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The Next Web, UBP, the seventh-largest...