Financial News

About Fidelity National Information Services (FIS)

FIS Powers Secure Open Banking Solutions

Fidelity National Information Services, Inc. (FIS) has achieved another significant milestone in its ongoing commitment to delivering secure and user-friendly open banking solutions to its customers. As a leading global fintech firm, FIS has strategically partnered with prominent data networks, including Envestnet | Yodlee, Akoya, Plaid, and MX. This collaborative effort is part of FIS’s […]

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Dollar Tree and Family Dollar will Close 1,000 Stores

Dollar Tree and Family Dollar will Close 1,000 Stores

In response to an unforeseen fourth-quarter loss reported by the discount variety store chain, Dollar Tree and Family Dollar stores will close approximately 1,000 locations throughout the United States. The initial wave of closures will predominantly affect 600 Family Dollar stores within the first half of fiscal year 2024. Furthermore, the company intends to gradually

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Plaid Hires Jen Taylor As President

Plaid Hires New President with IPO Experience from Cloudflare

Plaid Inc. is a financial technology startup continuously trying to expand its product line and prepare for an upcoming public listing. Recently, Plaid hired Jen Taylor, its first president. Before that, it hired Eric Hart as its CFO. Before joining Plaid, Jen Taylor was the chief product officer of Cloudflare. Taylor previously worked with Salesforce

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Visa Virtual Corporate Cards Integration with Digital Wallets

Visa Virtual Corporate Cards Integration with Digital Wallets

Visa Commercial Pay recently unveiled new digital wallet capabilities, allowing financial institutions to combine Visa virtual corporate cards into employees’ digital wallets like Google Pay and Apple Pay. The advanced feature of Visa Commercial Pay Mobile is the commercial token accounts, a secure method that replaces payment information with a unique set of characters. These

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WorldPay

Ex-PayPal CFO Joins WorldPay in Same Role

Ex-PayPal CFO Gabrielle Rabinovitch joined Worldpay recently as their CFO. She has a long experience working in the finance industry and has worked with many fintech companies. Rabinovitch’s decision to join Worldpay reflects her confidence in the company’s prospects and potential growth. Her tenure and experience at PayPal have undoubtedly prepared her for this challenge.

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NMI

NMI Payments – NMI Launches an Embedded Payments Platform for ISOs

NMI, a provider of embedded payments solutions, recently launched NMI Payments, a comprehensive solution designed for software companies, ISOs, and payment professionals. This platform seamlessly integrates into existing applications and payment solutions, offering a flexible and modular approach to expedite and streamline payment processes. The focus is on enabling partners to efficiently manage the entire

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Goldman Sachs Leaving Apple

Goldman Sachs Looks to Shut Down Apple Branded Savings Accounts

Goldman Sachs has been considering terminating its collaboration with Apple. The collaboration initially started four years ago with the highly anticipated debut of the Apple Card. Recent reports suggest that the bank has been engaged in discussions with American Express regarding a potential purchase of the Apple credit card and other cooperative services. Despite past

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shift4 CEO Jared Isaacman

Shift4 CEO Discusses Competitor Fees, Reports Q4 Results

Shift4, a prominent company in payments and commerce technology, is set to reveal its anticipated fourth-quarter earnings for the fiscal year 2023 on February 27, 2024. This announcement holds immense importance for the stakeholders of Shift4, who are eager to learn about the company’s performance in the quarter. Renowned for its payment solutions, Shift4 demonstrates

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FedNow Service has 500 Plus Participating Institutions

FedNow Service has 500 Plus Participating Institutions

The convenience that new fintech tools offer is an important factor for user compliance, and that is why consumers in the United States are actively supporting them. To cater to these preferences, innovative payment options like P2P payment apps and autopay have become popular. One such platform, FedNow, was introduced last year with the aim

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Fiserv Launches a Small Business Index

Fiserv Launches a Small Business Index

Fiserv, a company that provides technology for payments and financial services, has introduced the Fiserv Small Business Index. This unique tool evaluates the performance of businesses in the United States based on state and industry factors. Unlike other indexes, this index stands out because it directly uses data from around 2 million businesses in the

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Nuvei Integrates AR Automation And EPR Payments In Microsoft Dynamics 365

Nuvei Integrates AR Automation And EPR Payments In Microsoft Dynamics 365

Canadian fintech company Nuvei recently revealed its most recent connection with Dynamics 365, an ERP (Enterprise Resource Planning) system supplier designed specifically for small and medium-sized enterprises. Through this partnership, businesses globally may easily incorporate a range of payment options into their current Dynamics 365 Business Central division, including credit card payments, immediate bank transfers,

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acquisition by Talus Pay

Talus Pay Welcomes 2024 With Not One But Two Strategic Acquisitions!

Talus Pay is a prominent player providing payment processing services and has recently completed the acquisition of two companies – Clarus Merchant Services and Jobox.ai. Clarus Merchant Services is a top vendor of comprehensive B2B financial services, while Jobox.ai, recognized for its FinTech innovations, specializes in the housing service sector. This is a strategic acquisition

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Affirm and Blackhawk Network Collaborate to Expand Consumer Options for Gift Card Purchases

Affirm and Blackhawk Network Collaborate to Expand Consumer Options for Gift Card Purchases

Affirm, a payment network in the US, has joined forces with Blackhawk Network, a digital gift card distributor. This partnership offers consumers more options when buying gift cards, especially as they become popular during the holiday season. Thanks to this collaboration, shoppers can use Affirm to purchase digital gift cards from a wide range of

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