Tag: FedNow
Montreal’s Zūm Rails raises $10.5m from Arthur Ventures to expand open...
Zūm Rails, a Montreal-based company at the forefront of integrating open banking with instant payments, has successfully concluded its Series A funding round, securing $10.5m CAD.
Fenergo study highlights emerging risks in FinTech payments sector
Fenergo, a leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), has conducted a comprehensive study on the emerging risks in the FinTech payments sector since the introduction of FedNow.
Payments leader Finzly raises $10m in a TZP Growth Equity-backed round
Finzly, a cutting-edge payments infrastructure provider for financial institutions, proudly reported the successful completion of its Series A funding round.
Effectiv, the real-time fraud combatant, secures $4.5m in seed funding
Effectiv, a real-time fraud and risk management platform servicing financial institutions and FinTech companies, has announced a fresh round of funding.
US Fed unveils FedNow, ushering in new era of instant banking...
In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.