News

Payouts Network and Payix have teamed up to help consumers and businesses get the money they need in seconds. Payouts Network’s Instant Payouts solution will allow Payix clients to fund loans in near real time. Payix is a leading provider of white-labeled collection tools and payment processing services to lenders and loan servicers. The company has selected Payouts Network, the fintech services company leading the revolution in new and better payout capabilities, to give their clients even better ways to serve their lending customers.

Azimuth GRC, Inc., the Jacksonville-based regulatory compliance software platform, announced today that it has secured Series A financing. Mosaik Partners, a San Francisco-based venture capital firm focused on financial technology, led the round which included other new and existing investors.

Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives market participants, has won the 2021 HFM European Technology Award for Best Post-Trade Technology.

Paymentus Holdings, Inc. (“Paymentus”) (NYSE:PAY), a leading provider of cloud-based bill payment technology solutions, today announced that it has signed a definitive agreement to acquire Payveris to accelerate its initiatives to serve financial institutions and expand the reach of Paymentus’ proprietary Instant Payment Network®.

Payveris, the fastest-growing money movement provider in fintech, announced today that its MoveMoney Platform now delivers a real-time P2P solution that rivals Zelle, Venmo, PayPal, and Cash App. The new service enables financial institutions’ customers to instantly send money to anyone with a U.S. bank or credit union account using the recipient’s mobile phone number or email address—no special app required. The platform offers financial institutions a truly frictionless solution that supports their customers’ journeys to financial freedom.

Payouts Network, the fintech services company leading the revolution in new and better payout capabilities, has added three new services to its product suite, continuing to make payouts and administration easier for businesses and their suppliers and workers.

Franklin Templeton today announced a strategic investment and collaboration with California-based vWise, Inc. to integrate technology, predictive analytics, behavioral finance insights and a personalized investment solution designed to improve retirement outcomes in Defined Contribution (DC) Plans.