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AI, Security And Loosened Rules: How The US Wants To Boost FinTech

PYMNTS

financial technology efforts. In addition, there is increased lawmaker attention to promote innovation among non-bank providers of new payments and payment-related technology, and more consumer concern about online and data security. financial system around a set of core principles. AI And Data Security.

Fintech 194
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The Corporate Card Faces New Hurdles In AP Departments

PYMNTS

Tat Capital Debuts Value-Add For Corporate Cards. Tat Capital launched a new solution in Australia aimed to help small- to medium-sized businesses (SMBs) make use of the credit lines available via their corporate cards in new ways. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Cards 237
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Rapyd Launches All-In-One Payment In Mexico 

PYMNTS

Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according to a news release. In December, Rapyd secured $20 million in funding , bringing its valuation to $1.2 Morgan Global Payment Trends.

Payments 153
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SoFi Expands Into Hong Kong With ‘Automated Investing’ Vehicle

PYMNTS

The opening of a Hong Kong outpost is part of SoFi’s bid to acquire online brokerage firm 8 Securities, while expanding its business and serving up commission-free trading there. SoFi, which deals with consumer financial services, said it will continue to serve existing 8 Securities brokerage customers. billion.

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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209
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Mastercard Adds More Startups To Its Accelerate Program

PYMNTS

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. billion in post-program capital and collaborate with Mastercard, major banks, merchants and other high-profile organizations,” Mastercard said.

Fintech 163
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Czech Banks To Invest $260M Into National Development Fund

PYMNTS

On Monday (May 20), the Czech Banking Association said it welcomed the proposal, and Babis said big banks in the country have agreed in principle on a starting capital of six billion Czech crowns ($259.92 million) to put into the fund. The association said the fund should be independent and fully professional. .

National 108