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PAYMENTS

Visa | June 07, 2021

This new relationship complements FINTAINIUM's existing 2020 cooperation with CIT's Treasury and Payments Services Division. The collaboration takes advantage of CIT's advanced payment capabilities and the cloud-based platform of FINTAINIUM to improve financial workflows, increase management visibility and reporting, as well as provide excellent payment execution, thereby improving cash-flow support for small and medium enterprise businesses. The COVID-19 epidemic has ...

FINANCIAL MANAGEMENT

American Express | October 29, 2021

American Express®, the leading small business Card issuer in the U.S.3, today introduced its new Business Checking account designed for small and mid-sized (SME) businesses. This fully digital Business Checking account offers a secure, high-yield, and low fee digital banking experience with a competitive APY of 1.1% on balances up to $500,0002. The checking account connects with existing American Express Credit Cards and comes with a Business Debit Card, the first to be issued in the U.S. by...

US bank | February 20, 2020

Fidelity Investments is to spin off its API-based data sharing startup Akoya as an independent entity that will be jointly owned by Fidelity, The Clearing House Payments Co. and eleven of its member banks Akoya operates a secure API network that creates a safer and more transparent way for consumers to grant access to their personal financial data to third-party financial apps. The approach provides a more palatable alternative to old-school screen scraping tools which rely on bank customers han...

FINTECH

MoneyGram | January 12, 2022

MoneyGram International, Inc., a global leader in digital P2P payments, announced a strategic partnership with Digital Wallet Corporation. Smiles Mobile Remittance (Smiles) is Japan’s most popular mobile money transfer service and digital wallet. The partnership has been introduced for consumers in Japan as they can use the Smiles mobile app powered by MoneyGram’s global payment platform to transfer money to more than 200 countries and territories globally. MoneyGram h...