FLEX Payment Solutions Expands Digital Payment Capabilities with Pay By Bank

FLEX Payment Solutions, a family-owned payment technology company and five-time Inc. 5000 honoree, recently announced the expansion of its Pay By Bank solution. The solution helps businesses accept secure bank-to-bank payments while providing consumers with an additional way to pay. As businesses seek alternatives to traditional card payments, Pay By Bank allows consumers to authorize transactions directly from their bank account through a simple digital experience. The solution helps businesses reduce payment friction, lower payment...

Bybit Integrates Western Union’s USDPT Stablecoin

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Western Union, the global money transfer network, today announced that its users can now access USDPT, a US dollar–denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana blockchain, via Bybit’s fiat channels. This integration makes Bybit the first major crypto exchange to join Western Union’s global USDPT network. Through this launch, Bybit and Western Union are building the foundations for a deeper, faster, and compliant integration of digital assets into the broader financial system. Starting...

XFolio AI Acquires APS to Unify Treasury and Payments for UK Corporates

XFolio AI, a Paris-based treasury and cash management technology group, has acquired Absolute Payment Solutions (APS) (https://www.absolutepayments.com/), one of a select number of Pay.UK-accredited Bacs service providers in the UK. This acquisition creates an integrated platform spanning Bacs and all payment types, open banking, risk management, and treasury giving UK corporates of all sizes the tools to manage cash and execute payments in one place. APS’s Bacs accreditation underpins payment services relied upon daily by...

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