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Expensify launches corporate card to deepen client relationships

Bank Innovation

Digital expense management company Expensify launched a corporate card this week, building on its automated transaction tracking technology. The card offers business customers a new tool to manage expenses and adds to the data repository that will help Expensify tailor customer experiences.

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12 Startups Showed Their Latest and Greatest at INV Fintech Demo Day

Bank Innovation

EXCLUSIVE - On March 6 in San Francisco, 12 impressive startups demoed their latest in fintech technology at INV Fitnech's 2nd annual demo day. INV Fintech, the sister accelerator to Bank Innovation, is partnered with Fiserv and eight banking partners with over $3 trillion dollars in assets.

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US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition

PYMNTS

“Visa seeks to buy Plaid — as its CEO said — as an ‘insurance policy’ to neutralize a ‘threat to our important US debit business,’” the Justice Department said in its lawsuit, filed in San Francisco federal court. The company has already integrated with about 15,000 banks in Canada and the United States.

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Cubic Expands Contactless Payment System To Sydney Trains

PYMNTS

Cubic said that some of the contactless technology , software and equipment developed for Sydney will be in Cubic projects that will be rolled out over the course of the next few years in cities such as New York, Boston, and San Francisco. That is being made possible by recent contract wins by the company.

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Lumin, Interra Credit Union Team On CU's Digital Banking Solution

PYMNTS

We chose Lumin Digital because of their new and fresh approach to how internet banking is handled through their innovative cloud-native technology,” said Amy Sink , chief executive officer, Interra. Lumin Digital was founded in 2016 and is headquartered in San Francisco.

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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. Plaid is connected to more than 11,000 financial institutions.

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Uber Cash Onboard With Flutterwave In Africa

PYMNTS

Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million last year in venture funding, including from Worldpay. Alon Lits , Uber’s general manager for Sub-Saharan Africa, said that, “depending on the country, you’ve got different top up methods available.