Fresh off $260M in funding, AvidXchange poised for continued growth
Invoicing and accounts payable company AvidXchange has raised $260 million in equity funding, which co-founder and CEO Michael Praeger said...
Payments
Ally reports strong deposit growth as it expands lending product suite
Ally Financial this week reported it's continuing its winning streak in deposit growth. In a third-quarter earnings report, the bank...
Brex to launch treasury, insurance and loan products
Brex, a corporate card and financial product startup aimed at businesses, plans to broaden its product ecosystem beyond bank accounts...
Temenos to help US clients launch digital banks in 90 days
The race to create a challenger bank just got more competitive with a ready-made solution from core provider Temenos that...
Digit expands bill-pay automation
Personal finance app Digit is growing its bill payment automation capabilities with a new feature that pays users’ phone bills....
HSBC launches Treasury APIs for business clients
HSBC is improving payments for its business clients through a suite of tools launched last week called Treasury APIs, which are...
Fed: Big bank cyberattack could have serious spillover effects
A cyberattack on a major U.S. bank could have network effects that could cripple the financial system, a report from the Federal...
MUFG taps math expert as CEO to lead digital transformation
Mitsubishi UFJ Financial Group Inc. named Hironori Kamezawa as chief executive officer, turning to a math expert to help Japan’s...
Weekly Wrap: Visa acquires Plaid and retailers embrace fintech
Welcome to the latest episode of our Weekly Wrap video series, for the week ending Friday, January 17, 2019. In...
Expensify targets socially-conscious companies with charitable rewards card
Expense management startup Expensify is including charitable donations as a perk for its corporate cards. The product, which launched in...
