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Cleveland-headquartered KeyBank made an equity investment in Qolo, expanding the companies’ existing partnership focused on banking innovation.
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The companies announced the move in a Tuesday (June 3) press release without disclosing the terms of the investment.
Qolo, a provider of payment cycle management solutions, powers KeyVAM, a virtual account management solution...
The cryptocurrency landscape can be tribal, full of vibrant archetypes that each hold distinct ideologies and goals.
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From bitcoin maxis to degens and yield farmers, even OG HODLers, the crypto space isn’t just pure technology. To its most diehard supporters, the industry represents a powder keg of culture, ideology and economics, all crashing into each other on-chain....
United Kingdom FinTech Wise intends to move its primary listing from the London Stock Exchange (LSE) to a stock exchange in the United States while maintaining a secondary listing on the LSE.
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Wise’s owners must vote on the proposal, and the company will call a shareholder meeting for that purpose in the coming weeks, according to the company’s financial year results...
Experian and Plaid have partnered to provide proven risk insights and real-time cash flow data to banks, credit unions and consumer lenders.
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These resources include, in a single solution, credit analytics from Experian, a global data and technology company, and permissioned data from Plaid, a financial data network, the companies said in a Thursday (June 5) press...
Partnerships have always greased the gears of commerce, but in the payments business, where technology evolves by the week and margins hinge on fractions of a cent, choosing the right partner can be the difference between riding a growth wave and capsizing under its weight.
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That calculation has become even sharper in 2025’s unsettled economy, said Paulette Rowe, CEO of...
Against a backdrop of rising financial complexity, ballooning regulatory risk and exploding customer expectations, trimming compliance bloat has become a new battleground for innovation.
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“The last 20 years of compliance has been broadly building systems that help you identify risks,” Greenlite AI CEO Will Lawrence said during a conversation with PYMNTS CEO Karen Webster...
When Apple Pay launched in 2014, it promised a future free of plastic. Over a decade later, the ripples of that revolution are still unfolding across the way consumers pay, but not in the way observers may have expected a decade ago.
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While digital wallets have become a staple of online and in-store payments, it’s virtual cards, once a fringe tool for tech-savvy shoppers...
A shift in public-sector disbursements is underway.
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Beginning Sept. 30, all federal agencies must replace paper-based payments with digital disbursements, including real-time payments, direct deposit, prepaid cards and digital wallets. The move stems from a March executive order — Modernizing Payments to and From America’s Bank Account — and marks an evolution in how...
Credit unions face pressure to keep pace with national, regional and local banks that are often at the forefront of developing cutting-edge financial services.
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To gain access to the advanced technologies needed for mobile banking and digital payments, many credit unions are now strategically partnering with FinTechs.
Although FinTechs used to see credit unions as...
North American middle-market firms are demonstrating resilience, fueled in part by an increasing and more strategic use of financial tools.
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The “2024-2025 Growth Corporates Working Capital Index: North America Edition,” commissioned by Visa and conducted by PYMNTS, revealed an uptick in the adoption and efficient use of external working capital solutions among firms in...