B2B: Page 5

Jack Henry preps clients for FedNow

The financial technology provider is encouraging clients to be prepared to receive payments through FedNow.

By Caitlin Mullen • May 3, 2023

FDIC proposes higher insurance coverage for payroll accounts

Under the agency’s targeted coverage scenario, accounts used for payment purposes — specifically, business payment accounts — would merit higher deposit insurance coverage.

By Anna Hrushka • May 2, 2023

CSI targets $1B in annual revenue

The company that provides community banks with payments, fintech and other services is gunning for growth with new private equity capital.

By Lynne Marek • May 2, 2023

Global Payments to replace CEO

CEO Jeff Sloan will step down June 1 and be replaced by the payment processor’s president and chief operating officer, Cameron Bready.

By Caitlin Mullen • May 1, 2023

Fed study highlights growth in card, ACH payments

Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.

By Caitlin Mullen • April 24, 2023

Same-day ACH payments soar

The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.

By Tatiana Walk-Morris • April 20, 2023

Fed to reduce cross-border payments program

The Federal Reserve plans to discontinue its cross-border ACH payments service to Europe and Canada later this year, Fed officials reiterated at a conference this week.

By Lynne Marek • April 20, 2023

FTV Capital hunts payments prizes

Venture capital firms face challenges in picking payments and fintech investments amid the wreckage and waiting for the right prices.

By Caitlin Mullen • April 12, 2023

Pavilion Payments plots growth

The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.

By Caitlin Mullen • April 11, 2023

Stripe’s growth slows

In an annual letter, the digital payments darling’s co-founders acknowledged a “significant deceleration” in payment volume for 2022 and a tougher environment for startups.

By Caitlin Mullen • April 6, 2023

Index Ventures partner talks fintech fundraising

An investor at a VC firm that’s backed payments players Adyen, Plaid and Wise says it’s the right environment “to craft interesting deals.”

By Caitlin Mullen • March 31, 2023

FleetCor, Corcentric name new CFOs

The business-focused payments companies are the latest to name new CFOs as churn in the industry continues.

By Elizabeth Flood • March 30, 2023

Bank failures could cause SMB credit crunch

The future small business lending landscape and opportunities for fintechs are shifting in the wake of Silicon Valley Bank’s collapse, according to one fintech CEO.

By Anna Hrushka • March 22, 2023

DoorDash adds cash payment option

The company’s white label delivery service can now accept cash payments, which drivers would collect as part of their pay.

By Julie Littman • March 21, 2023

Brex offers ChatGPT-style tools

The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.

By Alexei Alexis • March 8, 2023

Paymentus picks ex-TiVo exec for CFO

The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.

By Maura Webber Sadovi • March 7, 2023

Paymentus bets on office return boost

New business bookings and onboarding of signed clients have both picked up steam as workers return to offices, said Paymentus CEO Dushyant Sharma.

By Caitlin Mullen • Feb. 27, 2023

Green Dot juggles customer changes

The banking-as-a-service company posted profits in the final quarter of last year even as it recovered from the loss of clients.

By Lynne Marek • Feb. 24, 2023

FedNow aims to avoid Zelle-type fraud

As the Federal Reserve prepares for a mid-year launch of its instant payments system, FedNow, it’s zeroing in on anti-fraud tools to protect users.

By Lynne Marek • Feb. 23, 2023

Same-day, B2B payments fuel ACH growth

Last year’s same-day ACH limit increase helped nearly double that category’s total payment compared to 2021, Nacha said.

By Tatiana Walk-Morris • Feb. 23, 2023

Euronet’s Dandelion takes on cross-border rivals

The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.

By Lynne Marek • Feb. 2, 2023

Marqeta to buy Power Finance

The virtual card company said it would pay $275 million to buy the New York fintech that allows companies to manage their credit card programs.

By Lynne Marek • Jan. 30, 2023

Paymentus to accept payments via Green Dot Network

Paymentus is tapping Green Dot’s network to extend the number of locations where it accepts cash bill payments from consumers.

By Tatiana Walk-Morris • Jan. 23, 2023

Billtrust plots growth in B2B

Although many companies are pulling back spending amid the darker economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.

By Caitlin Mullen • Jan. 19, 2023

Splitit targets tech assets for acquisition

Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.

By Suman Bhattacharyya • Jan. 19, 2023