payments - FinTecBuzz

WorldFirst announced the launch of a new function

July 30, 20246 min

WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially serving SMEs in international trade, has launched a function to enable real-time payment between holders of its flagship multicurrency business account World Account as WorldFirst continues to increase speed and efficiency of secure international business payment. This function will benefit British and European SMEs that import from international markets. This capability allows these businesses to promptly pay their overseas suppliers free of...

by PRNewswire

Payments

First Citizens Expands Middle Market Banking to Serve Northeastern U.S.

July 29, 20244 min

First Citizens Bank announced that its Middle Market Banking group is expanding in the Northeastern U.S., leveraging its deep middle market expertise to provide a full-suite of financial solutions to midsize businesses across the region. Since its launch in 2022, First Citizens Middle Market Banking has been on a continuous growth trajectory and has cultivated a high-performing team of banking experts positioned to serve clients in a wide range of industries nationwide. The group’s Northeast expansion...

by PRNewswire

Payments

Grazzy Digital Payments Platform Closes $4MM Seed Round

July 27, 20245 min

Grazzy increases financial wellness across hospitality and service industries with its same-day-pay, banking and tipping solutions for any size business

by PRNewswire

Payments

Burnt-Out Finance Teams Seek Automation Amid Economic Uncertainty

July 26, 20245 min

55% of finance professionals are reportedly experiencing burnout, with 58% planning to leave the sector and follow a different career path. With mounting economic uncertainty, finance teams are facing budget cuts, fewer resources and higher burnout than ever before, contributing to these figures. The resulting pressure and stress are adding up, and organizations are scrambling for solutions. AI and automation are being leveraged across professional industries to lighten the load on employees as well as...

by GlobeNewswire

Payments

Peoples Group Announced William Keliehor as New Chief Client Officer

July 26, 20243 min

Peoples Group takes great pleasure in announcing the appointment of William Keliehor as Chief Client Officer. William (Will) brings more than 28 years of multi-national experience in the payments, financial services and fintech industries. He has led the commercial strategy and the customer facing functions for many top companies with well-known brands. Most recently, Will served as Chief Commercial Officer at Interac where he was responsible for driving commercial strategy and running their front-of-house functions....

by PRNewswire

Payments

SWIVEL Announces Unique Apple Pay® Integration Capability

July 26, 20243 min

SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced its integration with Apple Pay® that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet. Within financial services, there exists a requirement in which institutions will not accept certain forms of payment (such as a credit card) against a consumer loan or auto loan....

by BusinessWire

Payments

KEO World Expands Automated B2B Finance and Payment Solutions to Canada

July 25, 20243 min

KEO World (KEO), a leading B2B digital payments and inventory financing fintech, is expanding its core solution, Workeo, to Canada with the help of Amex Business Link™, a B2B payments infrastructure. KEO’s Workeo solution provides digital lines of credit in multi-currency and for cross-border payments, and through the Amex Business Link capabilities, buyers and suppliers can now automate payment tasks, including defining invoice payment terms and conditions, managing invoice approvals, and the reporting and reconciliation processes. The...

by BusinessWire