KeyBank acquires fintech XUP Payments to streamline automation, embedded banking
KeyBank has acquired fintech XUP Payments and will use the B2B digital payments platform to expand its embedded banking strategy...
Banking
Banks, fintechs automate business treasury functions
PNC, Citi and Bank of the West are all offering solutions that automate their business customers' treasury functions, including real-time...
Fintech BM makes first acquisition after going public through a SPAC
Financial-technology firm BM Technologies Inc. is turning the typical banking tie-up formula on its head with plans to acquire First...
Deals and Dollars: Socure pulls in $450M, catapults valuation to $4.5B
It was a diverse week for fintech funding, with hundreds of millions of dollars pouring into identity verification and buy...
US Bank adds request for payment to its solution for AR teams
U.S. Bank has added request for payment (RfP) capabilities to its digital solution for the bank’s commercial accounts receivable teams....
Inside Look: State Street’s Collateral+
Collateral management is still handled in a largely manual way, often with parties trading data in spreadsheets. Global regulations have...
Robinhood-inspired app wants to disrupt Latin America market
A Colombian startup is offering cheap, easy stock trades in a bid to “democratize” access to Latin American stock markets,...
Cross River Bank acquires Ohanian-Backed fintech Betterfin
Cross River Bank is deepening its small-business offerings with the purchase of Betterfin, a startup backed by Reddit Inc. co-founder...
BNP Paribas is banking on environmental responsibility movement
The majority of Americans want to invest in environmental sustainability. Eighty-five percent of Americans and 95% of millennials say they...
Morgan Stanley’s robot Libor lawyers saved 50,000 hours of work
Untangling trillions of dollars worth of loans and other financial contracts from Libor is a complex, expensive and time-consuming job....
