Tag: PayTech News North America

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

Banking Laura M - November 8, 2024

The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers...

CFPB orders Apple and Goldman Sachs to pay combined $89m over “Apple Card failures”

Banking Laura M - October 28, 2024

Penalties Imposed: The Consumer Financial Protection Bureau (CFPB) has ordered Apple and Goldman Sachs to pay nearly $90...

Stripe reportedly in discussions to buy stablecoin infrastructure start-up Bridge in potential $1bn deal

Banking Laura M - October 22, 2024

Stripe, a leading US payments company, is reportedly in advanced discussions to acquire Bridge, a stablecoin infrastructure start-up,...

US transportation paytech AtoB raises $130m in equity and debt funding

Banking Laura M - September 25, 2024

Funding Details: AtoB, a payments solutions provider for the transportation industry, raised $130 million in Series C funding,...

Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future

AI Laura M - September 20, 2024

Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion. The deal, with Insight Partners...

Paylocity to acquire spend management platform Airbase for $325m

Banking Laura M - September 8, 2024

Paylocity has finalized a $325 million deal to acquire Airbase, a spend management platform, to expand its HR...

Paylocity to acquire spend management platform Airbase for $325m

Banking Laura M - September 6, 2024

Acquisition Deal: Paylocity has agreed to acquire Airbase, a spend management platform, for $325 million. Funding: The deal...

Apple set to open up access to NFC tech to third-party app developers

Banking Laura M - August 17, 2024

Apple Opens NFC Technology: Apple announced that starting with iOS 18.1, third-party app developers in select countries will...

Stripe buys US paytech start-up Lemon Squeezy

Banking Laura M - July 31, 2024

Stripe Acquires Lemon Squeezy Key Points: Acquisition Overview: Acquirer: Stripe. Target: Lemon Squeezy, a US-based payments platform start-up. Acquisition Date:...

CFPB proposes new rule to include payday advances under Truth in Lending Act

Banking Laura M - July 22, 2024

Key Points: Proposed Rule: Payday loan advances would be brought under the same scope as consumer loans. Fees associated...

US fintech start-up Rainforest lands $20m Series A led by Matrix Partners

Banking Laura M - July 2, 2024

Rainforest Secures $20 Million Series A Funding: Key Points Funding and Investors: Rainforest, a Payments-as-a-Service (PaaS) provider, secured $20...

Frost Bank in Texas taps Finzly for instant payments

Banking Laura M - June 29, 2024

Frost Bank Partners with Finzly for Instant Payments: Key Points Partnership Announcement: Frost Bank has chosen fintech company Finzly...

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