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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

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BitPesa Restructures, Secures $15M For Expansion

PYMNTS

B2B FinTech BitPesa , which operates a platform offering foreign exchange and cross-border payment services, is restructuring and has announced new funding to support its expansion efforts. The company focuses on global currency trading solutions and financial services in both the B2B and B2C frontier.

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Airwallex, Visa Team For Borderless B2B Card

PYMNTS

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. Starting now, Australian Airwallex users can distribute virtual payment cards in multiple currencies to pay suppliers instantly. .

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What Investors Need to Know

CFO News Room

The securities/ financial instruments discussed in this material may not be appropriate for all investors. This material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security/financial instrument, or to participate in any trading strategy.

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JAGGAER Joins Forces With TransferMate On ‘Source to Settle’

PYMNTS

Procurement technology company JAGGAER has collaborated with TransferMate to provide offerings from “source to settle,” according to an announcement. TransferMate lets businesses exchange international payments quicker and simpler than in the past.

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How Digital Assets Could Reshape The Future Of Corporate Treasury

PYMNTS

In recognition of this pain point, the leadership of digital asset technology firm Custody Digital have launched Ledgermatic , a company positioned to enable corporate treasurers and chief financial officers (CFOs) to manage their digital asset workflows alongside traditional fiat operations. But it may not be smooth sailing ahead.

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Banking-as-a-Service Tops This Week's B2B VC Roundup

PYMNTS

The company secured the funding from an unnamed angel investor, reports said. Statrys offers banking and foreign exchange payments solutions for SMBs and startups that operate across borders, connecting them with solutions like payment cards and cross-border payment capabilities.

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