Payments - FinTecBuzz

Coinbax Raises $4.2M to Bring Institutional Controls to Stablecoin Payments

December 29, 20254 min

Coinbax, the programmable trust layer for stablecoin payments, today announced $4.2 million in seed funding to bring escrow, policy enforcement, and programmable settlement to digital assets. The round was led by BankTech Ventures, with participation from Connecticut Innovations, Paxos, SpringTime Ventures, and industry leaders across banking, payments, and digital asset infrastructure. While traditional instant payment rails like RTP and FedNow have improved settlement speed, financial institutions still lack the programmable control layer necessary to deploy...

by PRNewswire

Payments

Kira Partners With Spin by OXXO for Seamless US–Mexico Transfers

December 23, 20255 min

Thanks to a strategic partnership with Kira* Millions of people in the United States can now send money to Mexico easily, quickly, and securely, directly into Spin by OXXO accounts.

by GlobeNewswire

Payments

BLAQclouds Launches ApolloCASH on December 20

December 22, 20255 min

BLAQclouds, Inc., a Web3 infrastructure and fintech innovation company, today announced that ApolloCASH will transition from testing to full retail launch on December 20, 2025. ApolloCASH is a zero-knowledge, single-use liquidity settlement protocol designed to enable secure, always-on cross-border remittances—24 hours a day, 7 days a week, 365 days a year. Built for speed, security, and efficiency, ApolloCASH provides a modern way to send money—whether across town or across the globe – recognizing the critical...

by PRNewswire

Payments

Truist streamlines digital account opening with direct deposit switching

December 19, 20255 min

Truist Financial Corporation, 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 made the...

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