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Banking Circle | June 11, 2020
Banking Circle has rolled out virtual IBANs for marketplace sellers. Amazon pays sellers in the currency of their bank account country, hence automatically converting the money and charging 3.9% of the transaction value for sending an international payment....
Financial Management, Investment Management
PRnewswire | July 19, 2023
MODIFI, the global cross-border business payments company, has secured a $100 million debt facility with HSBC Innovation Banking UK to further growth. The partnership with HSBC Innovation Banking is a key component of MODIFI's refinancing strategy, aimed at diversifying its funding sources with world-class capital providers. This comes on the heels of a $75 million debt facility MODIFI recently closed with another leading global financial institution. Nelson Holzn...
Wall Street | January 28, 2020
The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak. Markets across the world stabilized as the head of the World Health Organization (WHO) said he was confident in China's ability to contain the virus outbreak, which has killed 106 people in the country, prompted businesses to close operations and curbed travel. Preside...
Cision PR Newswire | August 27, 2020
BrightFi Services, the Banking as a Service (BaaS) company that saves banks time and money while increasing profitability and Capital Plus Financial, the award-winning community development financial institution (CDFI) and a wholly owned subsidiary of Crossroads Systems, Inc. (OTCQB: CRSS) are announcing a strategic alliance to help improve banking availability and affordability to thousands of customers in Texas and beyond. The strategic alliance between Capital Plus Financial and BrightFi Serv...
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Financial Management, Payments
Payments, Fintech
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