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Wells Fargo | March 31, 2020

The U.S. government is likely to increase its debt by $1.4 trillion in the second quarter, as it raises cash to finance stimulus that is meant to blunt the economic impact of the coronavirus pandemic, analysts at Wells Fargo said on Tuesday. President Donald Trump on Friday signed into law a $2.2 trillion aid package, the largest ever, to help offset the downturn caused by sweeping shutdowns aimed at containing the outbreak. This includes sending checks to Americans and rushing billions of dolla...

Fiserv | March 03, 2020

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed. A Fiserv distribution partner since 2009, MerchantPro Express provides processing services, POS equipment and merchant cash advances to firms across the US. Fiserv says the acquisition will boost its merchant services business and partner-based distribution, complementing its CoPilot, CardPointe and Clover payment technolo...

Payments

REPAY | July 15, 2021

Repay Holdings Corporation, a leading provider of vertically-integrated payment solutions, announced today the integration of its Vendor Payments Automation solution into Acumatica, a leading cloud ERP company, allowing small and midsize businesses to streamline accounts payable processes, optimise internal workflows, and securely pay vendors and suppliers. By extending REPAY's connection to include vendor payments automation, Acumatica users will have access to a full vendor ...

Core Banking

BforBank | May 17, 2022

Temenos (SIX: TEMN) today announced that BforBank, the fully digital bank of the Crédit Agricole Group, has selected Temenos open platform for composable banking to support future expansion. The bank is moving from an on-premise implementation to using Temenos core banking solutions on Google Cloud to tap new growth opportunities and drive efficiencies at scale. A pioneer in digital banking, BforBank launched in 2009, offering a new approach to savings, life insurance, mutu...