News

MagicCube, a startup focused on secure software-based payments and device security, has raised $10 million in funding, including from strategic investor Verifone.

KOR, a fintech leader in global reporting services and trade repositories, is pleased to announce the close of its Series B funding round. The round was led by Macquarie Capital Venture Capital, with continued participation from existing investor Mosaik Partners. This investment marks a significant milestone in KOR's journey to transform trade and transaction reporting and expand its presence across global markets.

vWise today announced the launch of FIRST PITCH, a new customizable video feature for its AI-driven Digital Experience Platform (DXP) that helps 401(k) advisors and recordkeepers deepen participant engagement, reinforce their brand, and drive plan growth.

Instant Financial (Instant), a leader in earned wage access (EWA) and digital tipping solutions, and Payouts Network, the modern B2C payments platform that transforms consumer experiences, today announced a new capability that lets employees move earned wages to their existing bank accounts in real-time. The update, delivered through Instant Pay, Instant’s EWA solution and enabled by Payouts Network’s real-time payouts technology, gives workers more choice and helps employers deliver a better pay experience.

A move toward stakeholder cost sharing marks a shift in enterprise-level B2B payments, Boost Payment Solutions founder and CEO Dean M. Leavitt writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”

Sigma360®, the definitive AI-powered risk screening and monitoring platform that enables compliant global relationships, has announced the launch of its AI Investigator Agent, an autonomous GenAI agent that transforms how compliance teams handle risk alerts. This innovation leverages advanced AI and entity resolution models to clear easily identifiable false positives, reducing manual match reviews by up to 90% and enabling analysts to focus on genuine threats.

Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced a strategic partnership with Morgan Auto Group, one of the nation’s largest automotive dealer groups with 77 dealerships across Florida. The collaboration integrates Point Predictive’s BorrowerCheck™ and IEValidate™ solutions, giving Morgan Auto Group comprehensive fraud detection capabilities and frictionless income and employment validation.