Thredd news and trends

Thredd Teams With Discover to Help Expand Card Networks
Partnerships // June 05, 2024

Global payments platform Thredd has launched a partnership with Discover® Global Network. The collaboration, announced Wednesday (June 5), is in response to demand from Thredd customers seeking flexibility when creating new card programs, especially those who need the option for cross-border card issuance. “Our recent...

Thredd’s McCarthy Gets Down to the Business of FinTech
Payments Innovation // May 29, 2024

Defining “payments modernization” is no easy task. If you asked 10 different payments executives to define it, you might get 10 different answers. But for payment processor Thredd CEO Jim McCarthy, payment modernization is a basic mission rather than an abstract concept. As he told...

Transforming Back-Office Functions Lets Firms Move Forward With Certainty
B2B Payments // May 10, 2024

Innovation across the payments sector has taken off over the last decade. Driven by automation, speed, security and convenience, electronic payments advances are reshaping back-office workflows and transforming processes historically viewed as static administrative functions. And with the news this week that digital banking startup...

Data Revolution Adds Stability to Uncertain Financial Transactions
Opinion // May 02, 2024

In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry.   Continued uncertainty in the market and our geopolitical landscape is one of the few things that we...

Interviews & Exclusives
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking as a Service

June 21, 2024
The relationships between FinTechs, banks and neobanks has been placed under a harsh spotlight with the recent revelations around the Synapse bankruptcy. The reaction from the industry so far has focused on the Synapse case as an isolated incident rather than a systemic issue, but it has also been the occasion for a reconsideration of […]

Thredd’s McCarthy Gets Down to the Business of FinTech

May 29, 2024
Defining “payments modernization” is no easy task. If you asked 10 different payments executives to define it, you might get 10 different answers. But for payment processor Thredd CEO Jim...

Data Revolution Adds Stability to Uncertain Financial Transactions

May 02, 2024
In the new PYMNTS eBook, “The Implications of Uncertainty,” Thredd Chief Administrative Officer Oliver Dean explores how data analytics and AI have transformed the card payments industry.   Continued uncertainty...

Thredd CEO: Compliance Will Define Future of Payments

April 25, 2024
Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than ever before — particularly given...

Quick Reads
Thredd Teams With Discover to Help Expand Card Networks

June 05, 2024
Global payments platform Thredd has launched a partnership with Discover® Global Network. The collaboration, announced Wednesday (June 5), is in response to demand from Thredd customers seeking flexibility when creating new card programs, especially those who need the option for cross-border card issuance. “Our recent integration into the Discover Global Network will allow us to […]

Nium and Thredd Launch APAC Virtual Card Partnership

April 24, 2024
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region....

Thredd Enters US Card Issuing Market With B4B Partnership

March 19, 2024
Payments processor Thredd has entered the U.S. debit and prepaid card issuing market. The company announced this milestone Tuesday (March 19), saying it was happening via an extension of its...

Thredd Reports Early-Year Rise in Transactions

February 26, 2024
Payments processor Thredd is predicting a thaw following last year’s “FinTech winter.”  The company said Monday (Feb. 26) that it had seen an “atypical” early-year increase in debit and prepaid payment...