BlueMountain Capital Management

Financial Management, Fintech

PRnewswire | June 07, 2023

Spreedly, the provider of the leading Payments Orchestration platform, today announced it has launched the first of its kind, complete vaulting solution for payments teams. Spreedly's Advanced Vault optimizes payment methods by combining modern lifecycle features and network tokenization with active management. The Advanced Vault offers new levels of value over traditional payment method management. This additional offering transforms the traditional payments vault from a di...

Fintech

VoPay | January 11, 2024

VoPay, a leading provider of embedded financial technology solutions, has launched VoPay Verify, an Instant Bank Account Verification solution via microtransactions - pioneering the first-of-its-kind service in Canada and the United States. Recognizing the escalating adoption of bank account payments as a credit card and paper cheque alternative, the demand for a steadfast bank account verification method has become imperative for businesses. VoPay’s innovative solution empowers ente...

Fintech

Visa, Currencycloud | July 23, 2021

Visa announced today that it has entered into a definitive agreement to purchase Currencycloud, a worldwide platform that enables banks and fintechs to provide innovative foreign currency solutions for cross-border payments. Currencycloud is valued at £700 million, including cash and retention incentives, as part of the acquisition, which builds on the two firms' existing strategic cooperation. The financial consideration will be decreased by Visa's existing ownership of Currencycl...

Core Banking

Security Bank | July 05, 2022

OpenLegacy, provider of the industry’s most advanced legacy integration solution, today announced the results of its digital modernization project with Security Bank, a leading domestic universal bank in the Philippines. The modernization program, which began in late 2020, reduced time to deployment by one third, with OpenLegacy’s team averaging a complete integration every three days. A traditional modernization route can take up to one month per API, taxing internal ...