Valiify, Payfinia Partner to Offer Instant Funding to CUs, Banks

Valiify, a digital account opening and loan origination platform company based in Tuscaloosa, Ala., today announced a strategic partnership with Payfinia, an independent payment services provider based in Portland, Ore. Payfinia’s flagship solution, Instant Payment Xchange (IPX) platform, enables innovative platform providers to embed instant payment capabilities into existing workflows via a secure API integration. The partnership brings real-time money movement directly into the Valiify platform, enabling financial institutions to move funds and disburse loans...

Alpaca Raises $52M in Series C to Drive Global Expansion

Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round today from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca’s global expansion and development of its industry-leading product offerings. This round saw participation from new and returning investors, including Derayah Financial, 850 Management, National Investments Company (NIC), Unbound, and Portage Ventures. The participation of returning investors underscores their continued confidence in Alpaca’s vision and...

CorServ Unveils Next-Gen Digital Interface for Clients and Cardholders

CorServ, a leading provider of innovative payment card issuing programs for banks and fintech, has launched a cutting-edge user interface designed to elevate the digital banking experience for client banks, brands and their credit card customers. With a commitment to empowering community and regional banks to compete with national credit card issuers, CorServ’s latest upgrade delivers a modern and highly intuitive user experience. The enhanced user interface redefines how cardholders interact with their credit card accounts...

Four Fintechs Receive Grants from Association for Financial Technology (AFT)

Association for Financial Technology (AFT), a national association devoted to the advancement of fintech companies and a broader U.S. financial industry through technology, today announced that it has given non-equity grants to four companies: Adlumin, Botdoc, MK Decision and Teslar Software. Each of the companies completed the Independent Community Bankers of America’s® ThinkTECH Accelerator program in Little Rock, Ark., at The Venture Center. The grants cover the costs associated with AFT membership and participation in the...

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