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Hypur To Offer Digital Payments For Cannabis Firms With CU Partnership

PYMNTS

Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment. Hypur serves more than 600 clients throughout the country and has over 25 partnerships with banking and financial institutions.

Payments 181
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Razer Fintech, Visa Pitch New Prepaid Card To Young Adults In Singapore

PYMNTS

The Singapore-based financial technology company said the move is part of its goal of establishing “the world’s first global youth bank.”. Last month , the FinTech teamed up with investment giant Franklin Resources to announce a plan to create a digital wealth-management platform targeted at millennials and young investors.

Cards 150
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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 

PYMNTS

“We’re proud to deepen our relationship with Phillips 66 and to leverage its powerful market presence, which has expanded nationally over the last few years,” said Jay Collins, Senior Vice President and General Manager of Small Business and Channel Partnerships at WEX in a press release.

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Aussie FinTech Douugh Introduces ‘Savings Jar’ With Mastercard Debit

PYMNTS

The launch of Savings Jars and specifically the launch of our default Rainy Day jar feature, will help our customers live financially healthier by getting them to save up to $1,000 as cover for unexpected expenses, or achieve a specific saving goal like a deposit for a home,” said Douugh Founder and CEO Andy Taylor. .

Fintech 148
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An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

11:FS CEO David Brear talks to him about why ‘Monzonauts’ are so crazy devoted to the brand. [You I did GoCardless because it got me out of being a management consultant, initially. After studying law at Oxford, he went back to business and is now Co-Founder and CEO of digital bank Monzo. What really stands Monzo apart?

Study 283
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Galileo, Plaid Integrate To Streamline ACH Transfers

PYMNTS

The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Last month, Galileo launched what it called a faster and less expensive way to create debit cards.

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The BaaS Gold Rush is On

Gonzobanker

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business.