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Mastercard | September 08, 2021

Mastercard today announced it has entered into an agreement to acquire Aiia, a leading European open banking technology provider offering a direct connection to banks through a single API, allowing its customers to develop and launch new digital solutions that meet the needs of everyday life, work and play. Open banking is democratizing financial services by putting consumers at the center of where and how their data is used to provide the services they want and need. Fintechs and...

PAYMENTS

Customers Bank, Tassat | May 22, 2021

The subsidiary of Customers Bancorp, Inc. a bank holding firm named as Customers Bank joins hands with Tassat, a leading supplier of blockchain solutions for digital payments. They announced today that Customers Bank will use Tassat's proprietary platform TassatPay® Network, which includes real-time B2B payments and convergence between digital and legacy payment rails. The collaboration would result in improved payments capabilities for the bank's company clients as well as low-cost ...

Wall Street | April 22, 2020

U.S. stock markets opened higher after two days of losses as a measure of confidence returned thanks to a rebound in crude oil prices and the Senate's passing of another economic support package, which tops up the existing program for small businesses by more than $400 billion while also channelling more money to hospitals. By 10:10 AM ET (1410 GMT), the Dow Jones Industrial Average was up 405 points, or 1.8%, at 23,424 points. The S&P 500 was up 1.7% and the Nasdaq Composite was ...

FINTECH

Alviere | October 26, 2021

Alviere, the leading embedded finance platform enabling any brand to deliver financial products and services to its customers and employees, today announced that it had raised $70 million of new funding, the largest investment in this emerging sector of fintech to date. In April, Alviere closed a $20 million Series A led by Viola Ventures and Viola Fintech, with the participation of CommerzVentures, Mitsubishi Capital Corporation, Wix.com Capital (NYSE: WIX), Draper Triangle Ventu...