Tag: PayTech News North America
FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees
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”
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
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
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
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
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
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
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
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
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
Rainforest Secures $20 Million Series A Funding: Key PointsFunding and Investors:Rainforest, a Payments-as-a-Service (PaaS) provider, secured $20...
Frost Bank in Texas taps Finzly for instant payments
Frost Bank Partners with Finzly for Instant Payments: Key PointsPartnership Announcement:Frost Bank has chosen fintech company Finzly...