Payments - FinTecBuzz

Truist streamlines digital account opening with direct deposit switching

December 19, 20255 min

Truist Financial Corporation (NYSE: TFC) today announced the launch of electronic direct deposit switching capabilities to the Truist client digital onboarding process, further enhancing the ease and speed of opening new accounts. Developed in partnership with Atomic, this new capability is fully embedded into Truist’s digital account opening process, allowing clients to easily transfer direct deposits from other accounts. Since its launch in August, 19% of new digital account applicants that engaged with the feature officially...

by BusinessWire

Payments

CheckAlt Partners with William Mills Agency for Public Relations Services

December 18, 20253 min

William Mills Agency, the nation’s leading fintech public relations and marketing firm, has been selected by CheckAlt, a leader in payment management and receivables solutions, to enhance its public relations strategy and help advance industry dialogue on modernizing receivables and reducing payment complexity. CheckAlt simplifies payment management with secure receivables solutions that help financial institutions, fintechs and businesses streamline operations and reduce risk. Its secure portal gives organizations a single access point to manage both...

by BusinessWire

Payments

Verisoul Raises $8.8M Series A to Fight Fraud, Fake Users, and Bots in AI Era

December 17, 20256 min

The round was led by High Alpha with participation from new and existing investors including Lookout Ventures, Bain Future Back Ventures, Bitkraft, and Third Prime. In two years since commercialization, Verisoul has scaled from zero to 100+ customers, achieving over 6x YoY ARR growth each year. Named Austin’s 2024 “Emerging Startup of the Year,” Verisoul is already protecting market leaders like Clay, Augment Code, and Morning Consult from hundreds of millions of AI-driven attacks. Verisoul, the all-in-one...

by GlobeNewswire

Payments

Ovanti Teases US Launch of Flote: A Credit Score Agnostic Alternative to BNPL

December 15, 20255 min

Ovanti US Inc., a subsidiary of Ovanti Limited, announced the upcoming United States launch of Flote. Flote uses verified income and real cash flow insights rather than credit scores to determine eligibility for deferred payments. Flote allows shoppers to pay over time with no interest, no hidden fees, and no revolving balances. The product is built for debit-first households who are typically left without safe flexibility at checkout because financial identity has been reduced to...

by BusinessWire

Payments

Volante Technologies ranks on IDC FinTech Top 100 for fifth consecutive year

December 15, 20255 min

IDC Financial Insights ranks Volante among top enterprises worldwide serving the financial services industry

by PRNewswire

Payments

Thunes Joins World Economic Forum Unicorn Community

December 12, 20255 min

Thunes Returns to Davos to Deepen Collaboration and Drive Inclusion Across Diverse Financial Systems Worldwide

by PRNewswire

Payments

Mastercard, TerraPay Partner to Expand Global Digital Wallet Acceptance

December 12, 20254 min

TerraPay will enable faster go-to-market and launch via its global payment interoperability platform Xend

by PRNewswire

Payments

Ensono Wins Kong Innovation Award for Fraud Prevention Platform with Pay.UK

December 11, 20255 min

Ensono, a leading technology advisor, innovation partner, and managed service provider, has been awarded Kong’s Innovation Excellence Award for its role in delivering a secure, scalable fraud prevention platform for Pay.UK. Pay.UK is the recognized operator and standards body for the UK’s interbank retail payment systems. This award celebrates partners who deliver groundbreaking solutions using Kong’s platform and Ensono’s work with Pay.UK demonstrates what’s possible when innovation meets urgency. The project was driven by a shared commitment to...

by BusinessWire

Payments

Parafin and NMI Partner to Bring Embedded Financing to 1M+ Merchants

December 10, 20253 min

Parafin, a leading embedded financial infrastructure company, today announced a partnership with NMI, a global leader in embedded payments infrastructure, to offer flexible capital to small business merchants through NMI’s extensive reseller network. Through this partnership, over one million merchants in the U.S. will gain access to financing designed to help them scale their businesses. NMI’s 4,000 channel partners, including Independent Sales Organizations (ISOs), PayFacs, and SaaS platforms, can now offer embedded capital products that drive...

by PRNewswire

Payments

MoonPay and Tangem Join Forces to Expand DeFi Accessibility

December 10, 20253 min

The integration delivers seamless crypto on and offramping through the Tangem app

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