Zum Rails news and trends

Today In B2B Payments: Coast Drives Fleet Card Innovation; CAARY Integrates SMB Insurance
B2B Payments // July 15, 2021

Today in B2B payments, Coast talks fleet card innovation, and CAARY embeds small business insurance from APOLLO. Plus, Züm Rails discusses mixing payment rails for B2B payments, Investec launches a business account service and Klasha eases cross-border funds acceptance. Fuel Cards Gas Up For The...

Aiding CFOs’ Journey To Embrace The Payment Rail Mix
B2B Payments // July 15, 2021

Chief financial officers (CFOs) are waking up to the importance of electronic B2B payments, but deciding to ditch the paper check is only part of the battle. What comes next can be a challenging and confusing process of understanding which electronic payment methods to adopt,...

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Zūm Rails Raises $7 Million to Expand Open Banking Offering

February 22, 2024
Zūm Rails has raised $7.7 million to expand its open banking/instant payments solution. The Montreal-based company announced the $7.7 million ($10.5 million CAD) Series A funding round Thursday (Feb. 22), saying it would use the funding to scale its growth in the U.S. and expand its payment offerings, including new Banking-as-a-Service features for merchants and a forthcoming FedNow […]