BusinessWire - FinTecBuzz

Priority Tech Closes New Credit Facilities at Lower Rate

BusinessWireAugust 5, 20252 min

Priority Technology Holdings, Inc., the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of $1.1 billion in new senior credit facilities, consisting of a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The loan proceeds will be used to refinance existing debt, to satisfy outstanding obligations related to the 2023 acquisition...

Payments

Eric Hannelius Joins Midwest Acquirers to Advance Payments

BusinessWireAugust 5, 20253 min

Fintech veteran Eric Hannelius joins industry leaders at the MWAA Conference to advance innovation and collaboration in the evolving world of digital payments.

Direct Lending

Better.com Selected as Finalist for the 2025 Finovate Awards

BusinessWireAugust 5, 20254 min

The AI-mortgage lender has been recognized as a finalist for the “Best Consumer Lending Solution” category highlighting its groundbreaking digital mortgage experience

Banking

AMINA Bank First to Offer SUI Trading and Custody Globally

BusinessWireAugust 5, 20255 min

Swiss-regulated crypto bank pioneers institutional access amid growing ETF momentum

Platforms

Tarabut Gets UAE Nod, Advancing Embedded Finance in MENA

BusinessWireAugust 5, 20254 min

Tarabut, MENA’s leading open banking and embedded finance platform, has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tarabut at the forefront of Open Finance in the region and marks the third national regulatory license for the company, after Bahrain and Saudi Arabia. With this approval, Tarabut becomes the first regional fintech to be licensed under Open Finance...

Payments

J.P. Morgan Payments Launches New Supply Chain Finance with Oracle

BusinessWireAugust 1, 20258 min

Leveraging J.P. Morgan Payments' Advanced Capabilities and Oracle B2B, FedEx is transforming its working capital management

Payments

doxo Earns 2025 Great Place To Work Certification™

BusinessWireAugust 1, 20256 min

doxo, the innovative, all-in-one bill payment platform, announced today it has been recognized as a Great Place To Work for 2025. The prestigious award is based entirely on what current employees say about their experience working at doxo, and survey results revealed that 98% of employees said doxo is a great place to work, 41 points higher than the average U.S. company. Great Place To Work® is the global authority on workplace culture, employee experience,...

Compliance & Scoring

Ian Macallister Joins Proof to Boost Digital Identity in Finance

BusinessWireAugust 1, 20253 min

Proof, the leading identity authorization network, today announced that Ian Macallister has joined the company as EVP of Strategy and Business Development. Macallister brings decades of experience bringing together legacy financial systems and emerging fintech to support Proof’s mission of embedding high-assurance, legally verifiable identity across the financial ecosystem. Macallister most recently served in senior leadership roles at Plaid, Unit21, and Early Warning (Zelle), where he spearheaded partnerships and product strategy at the intersection of...

Platforms

Parameta Solutions Launches OTC Data on Snowflake Marketplace

BusinessWireAugust 1, 20254 min

Parameta Solutions, the data and analytics division of TP ICAP Group, announced today the availability of its trusted over-the-counter (OTC) pricing and liquidity data on Snowflake Marketplace. This collaboration will give financial institutions direct, frictionless access to the insights they need to manage risk, validate pricing, and meet regulatory demands with confidence — directly through the Snowflake AI Data Cloud. This collaboration empowers financial institutions with seamless, secure access to Parameta’s independent, high-integrity market data, enhancing...

Payments

Onbe & Allied Solutions Partner to Streamline Auto Refunds

BusinessWireAugust 1, 20254 min

Lenders gain a faster, more compliant way to deliver refunds with less operational lift.

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