Newswire SummariesROCKVILLE, Md., April 16, 2024 /PRNewswire/ -- Eighty percent of respondents report that their organizations were victims of attempted or actual payments fraud activity in 2023, according to the 2024 AFP Payments Fraud and Control Survey, underwritten by Truist. This number reflects a 15-percentage point increase in payments fraud over 2022 and the highest rate reported since 2018. With heightened awareness and increased preventative controls and processes in place, the increase is not a re...
BOSTON, April 16, 2024 /PRNewswire/ -- Lendica, an embedded AI lending, and EBizCharge, a top-rated provider of payment solutions, proudly announce a transformative collaboration aimed at introducing a groundbreaking embedded business credit solution for small and medium-sized enterprises in the U.S. The new service, called the iBranch, is a cutting-edge financing solution that enables businesses to borrow money from Lendica without having to switch to a different platform. The innovative ser...
SUNNYVALE, Calif., April 16, 2024 /PRNewswire/ -- SutiSoft, a leading provider of SaaS solutions, announces its innovative solution – SutiAP, an end-to-end accounts payable solution designed to streamline invoice processes for businesses of all sizes. Simplify, Organize, and Conquer Your Accounts Payable Challenges with SutiAP "Organizations need an agile system to address pressing challenges of finance teams. Legacy systems lack transparency and the ability to manage increasing volu...
ORLANDO, Fla. (April 16, 2024) - Climate First Bank, the world’s first FDIC-insured bank founded to combat the climate crisis, today announces that it has been designated as a preferred lender as part of the Small Business Administration’s (SBA) Preferred Lender Program. The honor is awarded to a select number of banks that have gone above and beyond to deliver exceptional service in their markets and demonstrate consistency in the processing of their loans. The accolade, which is the highes...
Vancouver, BC, Canada — April 16, 2024 — Zafin, the leading provider of SaaS core modernization and transformation solutions for banks, announces today its partnership with Navy Federal Credit Union, the world’s largest credit union, to accelerate and de-risk a large core modernization and business transformation program that moves Navy Federal from a legacy mainframe core to a deconstructed, slim, cloud native, real-time banking core working in harmony with externalized product and pricin...
London, UK – 16 April, 2024 – Finastra today announced that it has integrated AI-powered ESG (environmental, social and governance) scoring capabilities into its working capital solution, Trade Innovation. The integration, with CoriolisESG by TradeSun, enables users to book and manage trade and supply chain finance with the added benefit of automated insights into ESG scoring. This results in greater understanding of the sustainability of trade and helps organizations to better monitor and m...
Bethesda, Md., April 16, 2024—Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of the Rapid Access Mastercard. Rapid Finance’s Mastercard program is the first program sponsored by SoFi Bank, and managed by Galileo, giving eligible small business (SMB) customers qui...
Amsterdam, NL – 16 April 2024: Silverflow, a leading cloud platform for global card processing, has today announced a new supervisory board that will provide strategic support to the executive leadership team. The board, comprising three independent members and three appointed by shareholders, will support Silverflow in devising growth strategies, advise on industry needs and solutions, and provide invaluable insights into the future of payment technology. These independent members inclu...
Amsterdam, 16 April 2024 - Celeris, a pioneering provider of dynamic payment orchestration solutions, is excited to unveil a strategic technical integration with PXP Financial, a globally renowned payment service provider recognised for its cutting-edge payment technologies. This partnership marks a significant leap forward in payment processing capabilities for businesses on a global scale. The collaboration between Celeris and PXP Financial is poised to streamline payment processes, open ...
Stockholm – 16 April, 2024 – Brite Payments, a leader in instant bank payments, today announced that Luke Trayfoot has joined the company as Chief Commercial Officer (CCO), leading the Stockholm-headquartered fintech’s commercial efforts. The appointment of the former PayPal and Mangopay executive signifies a new phase in Brite’s journey as it accelerates its growth in markets across Europe. Brite Payments enables instant account-to-account (A2A) payments and payouts, leveraging E...
80% in AFP survey suffered payments fraud in 2023
Lendica, EBizCharge join forces for SMB payments
SutiSoft rolls out SutiAP for AP processes
Climate First Bank awarded Preferred Lender status
Navy Federal, Zafin form multi-year initiative
Finastra adds AI ESG scoring to trade, supply chain finance
Rapid Finance, SoFi, Galileo team up for SMB financing
Silverflow’s new board a diverse powerhouse
