Mercury, a fintech that offers banking to businesses, has ended its relationship with its long-time partner Evolve Bank & Trust. Mercury will migrate its customers over to its other sponsor banks, Choice and Column. The move comes a few weeks after another Evolve partner, Dave, shifted its partnership with Evolve to Coastal Community Bank, and
Open this photo in gallery: Mark Carney was sworn in as Canada’s prime minister on March 14, taking charge of a country rattled by a breakdown in U.S. relations since President Donald Trump’s return to power.DAVE CHAN/AFP/Getty Images Mark Carney wants to move fast and build things. There was nothing subtle about the new Prime
Prometeo, a Latin American fintech, has launched what it calls “borderless banking” for business-to-business payments between the U.S. and Latin American countries. According to the company, Prometeo has developed middleware that integrates U.S. and Latin American financial infrastructures through a single application programming interface. Users can access local accounts to receive payments, automate collections, and
Blockchain can enhance traditional financial systems, but mass adoption requires a focus on interoperability, usability and regulation. Unsplash+ When Gartner predicted in 2022 that blockchain would create $176 billion in business value by 2025 and $3.1 trillion by 2030, it seemed like the technology was poised to revolutionize every industry it touched. Yet here we
Listen to this article Digital finance is reshaping how we think about money, banking, and financial participation. Cryptocurrencies and blockchain technology are challenging traditional financial institutions, offering exciting new opportunities for economic growth. As platforms like Pi Network lead the charge, they make digital finance more accessible to a broader audience. The picoin is democratizing
Bespin Global, an international cloud management and consulting firm for banks, is seeking to help U.S. banks build their open banking tech stack through a partnership with London-based Ozone API. The move comes as U.S. banks work to implement the open banking rule that was finalized by the Consumer Financial Protection Bureau last year. The