ACH | Jotup

Central Payments, Street Charity, and Discover Leverage PayCP to Launch a National Prepaid Card to Help Feed the Hungry

Retrieved on:

Wednesday, May 1, 2024

ACH, Virtual, Prepaid card, Partnership, Food, Street, Eating

SIOUX FALLS, S.D., May 1, 2024 /PRNewswire-PRWeb/ -- Central Payments, a leading payments solution provider, announces the launch of the Street Charity Discover® Prepaid Card, a prepaid card that provides a simple way for consumers to help the hungry get access to food.

Key Points:

PayCP is a turnkey solution allowing businesses, or nonprofits like Street Charity, to easily process disbursements for many different use cases.
SIOUX FALLS, S.D., May 1, 2024 /PRNewswire-PRWeb/ -- Central Payments , a leading payments solution provider, announces the launch of the Street Charity Discover® Prepaid Card, a prepaid card that provides a simple way for consumers to help the hungry get access to food.
Today we're excited to announce our partnership with Street Charity, a nonprofit from Atlanta, GA," said Nikkee Rhody, CEO of Central Payments.
PayCP is a turnkey solution allowing businesses, or nonprofits like Street Charity, to easily process disbursements for many different use cases.

Unimarket Enhances Spend Management Platform with AP Payments as a Service

Retrieved on:

Wednesday, May 1, 2024

AP, ACH, Partnership, University, Fraud, Online shopping

ANNAPOLIS, Md., May 1, 2024 /PRNewswire-PRWeb/ -- Unimarket, a global provider of spend management and source-to-pay solutions, today announced the US market expansion of 'Unimarket Payments,' a fully managed accounts payable (AP) payments service that optimizes, monetizes, and secures the entire payment lifecycle.

Key Points:

Introduction of 'Unimarket Payments' Provides US Customers with Secure, Low-Cost Solution to Outsource AP Payment Operations
ANNAPOLIS, Md., May 1, 2024 /PRNewswire-PRWeb/ -- Unimarket , a global provider of spend management and source-to-pay solutions, today announced the US market expansion of ' Unimarket Payments ,' a fully managed accounts payable (AP) payments service that optimizes, monetizes, and secures the entire payment lifecycle.
'Unimarket Payments' is an AP Payments as a Service solution, combining service and technology to enable AP teams to effortlessly leverage modern, safe, and secure, revenue-generating electronic payments.
With ' Unimarket Payments ,' Unimarket customers realize a streamlined AP payment experience, delivering greater ROI by eliminating fraud-prone paper checks and manual processes and lowering payment costs.
"Our strong partnership with 'Unimarket Payments' helps Unimarket customers experience significant improvements in efficiency, cost savings, and fraud prevention related to their AP payments."

Securitize partners with Zero Hash to leverage fiat and USDC funding rails for tokenized assets

Retrieved on:

Thursday, April 25, 2024

USD, ACH, ATS, SDK, API, Entrepreneurship, Alternative trading system, Securitization, USDC, Hash, Philosophy, Cryptocurrency

Securitize has leveraged Zero Hash’s fiat and USDC rails to enable investors to seamlessly on and off-ramp into tokenized assets in Securitize’s primary and secondary market.

Key Points:

Securitize has leveraged Zero Hash’s fiat and USDC rails to enable investors to seamlessly on and off-ramp into tokenized assets in Securitize’s primary and secondary market.
USDC on and off ramping provides the real-time and 24/7/365 funding mechanism to interact with tokenized assets.
“Zero Hash provides the turnkey funding and withdrawal payment mechanisms for our customers to invest in tokenized assets.
Tokenization is an example of this technology's disruptive potential, and we are pleased to provide the bridge to fiat and stablecoin payments."

NetXD Supports the FedNow® Service, Advancing US Payment System

Retrieved on:

Thursday, May 2, 2024

Technology, Payments, Finance, Fintech, Consulting, Banking, Accounting, Professional Services, Software, Internet, ACH, Business Wire, Federal, Send, Financial institution, TCH, Multimedia, Online shopping

NetXD is certified to enable Send and Receive credit transfers as well as Receive RFP for financial institutions.

Key Points:

NetXD is certified to enable Send and Receive credit transfers as well as Receive RFP for financial institutions.
(Photo: Business Wire)
Financial Institutions can use a single solution from NetXD to connect to the FedNow Service as well as the TCH RTP® network.
With NetXD, banks can focus on providing differentiated solutions for their customers while enjoying exceptional cost efficiency and streamlined operations."
To support transaction activities for financial institutions participating in the FedNow Service, NetXD completed a multi-step customer testing and certification program.

BAXUS Secures $5M in Funding Led By Multicoin Capital For Global Expansion of Web3-Enabled Spirits Marketplace

Retrieved on:

Wednesday, May 1, 2024

Finance, Wine & Spirits, Retail, Professional Services, Fintech, ACH, Wine, News, Collectable, Insurance, Collection, Non-fungible token, History, Vault, USDC, Cryptocurrency

BAXUS modernizes the collectible spirits market by bringing it online and constructing a liquid marketplace that seamlessly connects buyers and sellers.

Key Points:

BAXUS modernizes the collectible spirits market by bringing it online and constructing a liquid marketplace that seamlessly connects buyers and sellers.
"With this funding, we're primed to scale BAXUS, modernizing the antiquated wine and spirits market.
This integration allows collectors to seamlessly list their bottles on the BAXUS marketplace directly through the app.
Collectors can sign up for BAXUS here and follow the brand on Twitter or Instagram for the latest news on the BAXUS Marketplace, Vault and featured rare bottles.

Mohegan Digital Chooses PayNearMe as Exclusive Payment Provider for Pennsylvania Online Gaming

Retrieved on:

Tuesday, April 30, 2024

Technology, Casino, Gaming, Payments, Entertainment, Fintech, Online, Professional Services, Software, Internet, ACH, Moneyline, PayPal, Fraud

PayNearMe , the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine ™ as its exclusive payments platform to facilitate the deposit and payout experience for its online gaming players in Pennsylvania.

Key Points:

PayNearMe , the fintech company bringing progress to payments, today announced Mohegan Digital, the iGaming division of Mohegan, has selected MoneyLine ™ as its exclusive payments platform to facilitate the deposit and payout experience for its online gaming players in Pennsylvania.
With MoneyLine, Mohegan Digital has access to the widest range of payment types, along with sophisticated fraud and risk prevention capabilities, through a single integration.
“To differentiate our brand in the Pennsylvania online gaming market, we knew we needed to offer players the most deposit and payout options immediately at launch,” said Rich Roberts, President of Mohegan Digital.
“PayNearMe is thrilled to be selected as the exclusive payment platform provider for Mohegan Digital's online gaming offering in Pennsylvania,” said Leighton Webb, Vice President and General Manager of iGaming and Sports Betting, PayNearMe.

GigaStar Announces Powerful New Platform Features Enhancing Investor and Creator Experience and Revenue Tracking

Retrieved on:

Tuesday, April 30, 2024

Transfer, ACH, News, Risk, Dream, CRT, Creator economy, Number

CHICAGO, April 30, 2024 /PRNewswire/ -- GigaStar, a startup bringing YouTube Creators and Investors together, today announced significant platform updates to enhance user experience and provide comprehensive insights into portfolio performance.

Key Points:

"With our latest platform updates, from the intuitive 'By the Numbers' dashboard to our pioneering Drop Calculator, we're setting a new standard for collaboration in the Creator Economy."
GigaStar provides YouTube Creators with a streamlined way to raise capital.
With the Creator Economy expected to exceed $500 billion in 2024, an innovative funding mechanism is more important than ever.
GigaStar Market , an SEC-registered funding portal, operating under Reg CF, has launched eight YouTube channel offerings so far, raising nearly $2M on the platform with over 12,000 Investor accounts.

The Bancorp, Inc. Reports First Quarter Financial Results

Retrieved on:

Thursday, April 25, 2024

The Bancorp, Inc. (“The Bancorp” or “the Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2024.

Key Points:

The Bancorp, Inc. (“The Bancorp” or “the Company” or “we” or “our”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the first quarter of 2024.
Net interest income increased 10% to $94.4 million for the quarter ended March 31, 2024, compared to $85.8 million for the quarter ended March 31, 2023.
Net interest margin amounted to 5.15% for the quarter ended March 31, 2024, compared to 4.67% for the quarter ended March 31, 2023, and 5.26% for the quarter ended December 31, 2023.
Those changes reflected an increase of 2% quarter over linked quarter and an increase of 2% year over year.

Brightwell Launches Cross-Border Payments Platform Latitude to Revolutionize the Reimbursement Process

Retrieved on:

Tuesday, April 23, 2024

To address growing demand, global payments technology company Brightwell today announced the availability of Latitude , a platform that enables businesses to seamlessly deliver cross-border payments to their customers, tailored to their specific currency, location, and payment method.

Key Points:

To address growing demand, global payments technology company Brightwell today announced the availability of Latitude , a platform that enables businesses to seamlessly deliver cross-border payments to their customers, tailored to their specific currency, location, and payment method.
Travel and hospitality brands routinely need to make one-off payments to a customer for various service disruptions, an often-complex process, particularly when the recipient resides in a different country.
With Latitude, Brightwell is revolutionizing the landscape of cross-border payments within all industries where payouts are needed by providing better efficiency, enhanced convenience, and improved customer experience.
However, when service disruptions occur, the reimbursement process can be confusing, and time-consuming, and customers can be left feeling powerless over resolving their issue,” said Larry Hipp, Brightwell Chief Executive Officer.

Same Day ACH and B2B Propel ACH Network Growth in the First Quarter

Retrieved on:

Tuesday, April 23, 2024

Professional Services, Payments, Technology, Finance, Fintech, Banking, ACH, Multimedia, ACH Network, Bank

A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter.

Key Points:

A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter.
View the full release here: https://www.businesswire.com/news/home/20240423265870/en/
There were 273.7 million Same Day ACH payments in the first quarter.
Same Day ACH volume in March 2024 was 95.6 million, averaging more than 4.5 million payments per day, both all-time monthly highs since Same Day ACH launched.
Total first quarter ACH Network volume was 8.2 billion payments valued at $20.7 trillion, respective gains of 5.6% and 5%.