The last couple of weeks have been full of merger and acquisitions. Will fintech continue its M&A streak this week? Stay tuned to find out. We’ll be adding the latest fintech news throughout the week as the space evolves.
Payments & cards
Tencent partners with Visa to bring palm payment to Singapore.
UBS pilots new blockchain-powered payment system.
FOMO Pay teams up with Mastercard to enable contactless card acceptance through FOMO SoftPOS.
Viamericas launches real-time domestic cash-to-account transfer service in the U.S.
FIS and Oracle enhance utility billing experience.
Zelle and LAFC “Saves for the Community” program raises over $100,000 for Latinos for Education.
Mesa launches premium credit card designed for homeowners.
Open banking
American Express and MX announce customer-permissioned data sharing agreement.
Business management tools
Procure-to-pay platform Vroozi appoints Dave Norton as President.
Agicap receives $48 million to grow its cash flow management platform.
Thomson Reuters expands partnership with Oracle with turnkey embedded e-invoicing capabilities.
Ascen taps workforce payments platform Branch to provide faster payment solutions for staffing firms.
ATMs and hardware
Coinstar launches digital wallet.
Travelex selects NCR Atleos to revamp ATMs.
Open banking
Fintech infrastructure company Lean Technologies secures $67.5 million in Series B funding.
Personal financial management
SmartBank lands $26 million for its personal finance management app.
Debt
National Debt Relief partners with Docsumo to fastrack debt settlements with AI.
Lending and credit
Sunbit secures a $355 Million debt warehouse facility led by J.P. Morgan, Mizuho Bank, and Waterfall Asset Management.
Credit risk solutions company Carrington Labs unveils integration with Salesforce Sales Cloud.
Regtech
Arcesium unveils new regulatory reporting solution.
Digital identity
Socure unveils Graph Intelligence Module to bring visibility into connections across its Network Identity Graph.
California DMV leverages AuthenticID’s identity verification technology to enhance its Mobile Driver’s License (mDL).
AU10TIX expands its presence in Bengaluru to support India’s digital identity transformation.
Insurance
Luma Financial Technologies expands into life insurance.