Card issuing platform Marqeta has been named issuer-processor for online bank Varo. “Varo selected Marqeta for its ability to combine sophisticated virtual, tokenized and physical card-issuing technology with faster speed-to-market which will help its customers improve their daily relationship with money,” the companies said in a news release Tuesday (Aug....
Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for digital banking solutions will also be able to use Astra’s instant-payments-as-a-service offering to enhance the digital onboarding experience for consumers...
CredibleX and Fracxn partnered to provide small- to medium-sized businesses (SMBs) with access to a variety of financing solutions. With this collaboration, Fracxn’s instant financing solutions for SMBs will be added to the financial solutions offered by CredibleX, the companies said in a Monday (Aug....
DoorDash has expanded and extended its partnership with card issuer Chase. The new version of its collaboration lets eligible cardmembers receive recurring benefits on orders from grocery, convenience and non-restaurant stores on DoorDash, the companies said in a news release Thursday (Aug. 1). In addition,...
Mastercard and U.K. neobank Ampere teamed up to enhance the latter’s services for small businesses. The collaboration expands Ampere’s services and transfers offering, allowing its customers access to card-to-card payments, according to a Thursday (Aug. 1) press release emailed to PYMNTS. Card-to-card payments convert “over...
Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets. The initiative will begin in Europe and Latin America, with plans to expand to the Middle East, Canada, Australia and...
Nexi has signed a partnership with credit union-owned payment service provider Payac. The agreement allows for SEPA instant payments to all participating credit unions in the Republic of Ireland, the companies said in a Tuesday (July 30) news release. “As a result of this partnership, 176 credit unions...
Collection agency TriVerity has teamed with collections/credit risk company Akuvo. The collaboration, announced Tuesday (July 30), is designed to ease the process of third-party charge-off collections through Akuvo’s cloud-based collections platform to help maximize credit unions’ (CUs) recoveries from nonperforming loans. “We are thrilled to...
Risk management platform Cable has launched a partnership with Texas-based Vantage Bank. The collaboration, announced Monday (July 29), is designed to help Vantage improve its compliance and risk management as it expands its FinTech program and partnerships. “Embedded banking is under intense scrutiny from regulators,”...
