Prospect 33

Fintech

Touchstone Investments | August 29, 2022

Touchstone Investments, known for its Distinctively Active® mutual funds, announced the launch of its fourth actively managed exchange traded fund (ETF), the Touchstone Ultra Short Income ETF. The ETFs mark the natural expansion of Touchstone's Distinctively Active investment philosophy through an ETF structure, providing shareholders with more investment options. Each of the four ETFs has a corresponding Touchstone mutual fund that shares a similar core investment strateg...

Core Banking, Payments

Finastra and Mechanics Cooperative Bank | December 21, 2022

Finastra today announced that Mechanics Cooperative Bank, a Massachusetts-based financial institution with more than $645 million in assets, has selected Finastra Payments To Go to introduce new business payments services and enhance the customer experience. The multi-rail payments hub empowers Mechanics Cooperative Bank to leverage the strength of the cloud, providing the tools needed to introduce Real-Time Payments services (RTP) through the Clearing House (TCH) and to quickly join the FedNow ...

Payments

Visa | October 29, 2020

Visa Inc. today announced it has signed a definitive agreement to acquire YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean. The acquisition of YellowPepper builds on a strategic partnership and investment Visa made in YellowPepper in May 2018. The YellowPepper platform offers a rich set of APIs to enable issuers, processors and governments to quickly and securely access multiple ...

Payments

Nium | November 19, 2021

Nium, a leader in global payments and card issuance for businesses, and Roxe, the next-generation, open global payment network, today announced a strategic partnership that will allow Roxe to leverage the reach of Nium's network to pay out to key global markets, including from the US to Europe, the UK, Australia and Asia, in real-time. Nium supports payouts to as many as 190 countries (85 in real-time) in 100+ currencies and pay-ins to 35 markets. Foundational to Nium's gl...