March, 2025

March, 2025

Visa and Extend Form Middle-Market-Focused Virtual Card Pact
Virtual card and spend management platform Extend says it has launched a referral agreement with Visa. With Extend’s solution, the company said in a Wednesday (March 26) news release, firms defined ...

House Financial Services Committee Aims to Improve Access to Capital
The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. During a Tuesday (March 25) hearing, the committee assessed proposals t...

Report: DOGE Staffer Linked to Cybercrime Ring
According to digital records, a prominent member of Elon Musk’s Department of Government Efficiency (DOGE) team has links to an alleged cybercrime organization. A Wednesday (March 26) Reuters repo...

Burbank Raises $6 Million to Tackle Online Fraud and Chargebacks
Welsh FinTech Burbank has raised $6 million to bring “tap and PIN” payments online. The company’s funding round, announced Tuesday (March 25) on its LinkedIn page, will help Burbank develop its ...

Utah Governor Signs Bill to Regulate Earned Wage Access Industry
Utah Gov. Spencer J. Cox signed an earned wage access bill Wednesday (March 26), according to a press release issued by his office. The bill, the Earned Wage Access Services Act (H.B. 279), enacts pro...

Executive Order Seeks Faster, Safer $175 Billion in Government Disbursements
The size and scope of paper checks sent in the service of government benefits and payments is staggering — even if those transactions are a relatively slight sliver of overall disbursements. The Fed...

Anthropic Inks Deal to Bring Its AI Model to Databricks Platform
Artificial intelligence (AI) company Anthropic has launched a five-year partnership with data/artificial intelligence (AI) firm Databricks. The collaboration, announced Wednesday (March 26), will brin...

US Treasury Readying ‘Substantial’ Round of Layoffs
The U.S. Treasury is preparing sweeping layoffs, the latest in a series of federal job cuts. That’s according to recent court documents flagged in media reports Wednesday (March 26), stemming from a...

TreviPay Adds Advanced Purchase Controls to B2B Payments Network
TreviPay has added advanced purchase controls to its B2B payments and invoicing network. This new functionality allows TreviPay clients to configure, automate and enforce customized B2B purchase polic...

American Fintech Council Comments on Veto of Bill in Virginia that Caps Interest Rates
The American Fintech Council (AFC) has issued a statement addressing Virginia Governor Glenn Youngkin’s veto of SB 1252. The legislation sought to cap interest rates on certain credit options. SB 12...

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B&T Television

March