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Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And Escrow Exec

PYMNTS

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour's international trade finance network, while J.P. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income customers. . Alfa-Bank Signs Onto Contour International Trade Finance Network.

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PSCU Unveils Enhanced Fraud Services To Help Protect Credit

PYMNTS

PSCU , which is billed as the nation's premier credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company said “has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.”.

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Starling Bank Now Accepts Apple Pay

PYMNTS

Starling Bank, the digital-only U.K. bank, has now added Apple Pay support as an online payment method, which means customers can add their Starling debit card to Apple Wallet. Starling Bank is the latest of a string of banks in the U.K. The digital bank says it will be the first in the U.K.

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B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More

PYMNTS

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. FinTech gearing up to launch small business banking services. Below, find the latest in B2B venture capital funding. Back Office. Buckzy Payments. billion.

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Fintech Fundings: 30 Companies Raise $390 Million Week Ending May 13

Fintech Labs Insights

London beat that this week with 5, followed by 3 in NYC, and 2 each from Chicago, Florida and Germany. HQ: Daytona Beach, Florida. Digital bank. HQ: Orlando, Florida. Tags: SMB, payments, mobile, merchants, acquiring, credit/debit cards, mobile, POS. Total dollars raised YTD is now $14.7 Source: Crunchbase.

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GonzoBanker Awards 2017

Gonzobanker

Strangest Sale of the Year – Was the first-failed and then convoluted spin-off and sale of BankMobile by Customers Bancorp to Flagship Community in Florida. Credit Union Merger of the Year – Goes to Lake Michigan Credit Union and its CEO Sandy Jelinski for acquiring Florida-based community bank Encore. At a banking conference.

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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Digital banking company. Payment security technology. HQ: Longwood, Florida. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. Source: Crunchbase. Latest round: $56 million Debt (from Goldman Sachs). Total raised: $154.3 million ($98.3 million Equity, $56 million Debt).