Breaking News
Payfare To Power Real-time Payments For The Gig Economy With Integration Of Mastercard Send™
Payfare today announced that it will integrate Mastercard Send™ into Payfare’s financial technology platform, expanding real-time payment options for the gig economy. Payfare, who powers digital banking and instant payout solutions for some of the world’s largest on-demand platforms will leverage Mastercard’s full-service disbursements and person-to-person platform to further its mission in supporting financial inclusion for all gig workers and offer a differentiated payment experience.
Mastercard Send allows people and organizations to send and receive money how, where and when they choose. With Mastercard Send, Payfare can send gig worker earnings payouts to virtually all consumer and small business debit cards in the United States and other countries. Gig workers will also be able to send domestic and international money transfers in the Payfare-powered digital banking apps.
“We are thrilled to add Mastercard Send capabilities to our existing payout and digital banking solutions,” said Marco Margiotta, CEO and Founding Partner of Payfare. “This partnership will open up new revenue streams for Payfare while providing more choice for our corporate clients and cardholders.”
“As we continue to watch the pace of change accelerate around digital payments, it’s become clear that waiting days to receive a payment is no longer working,” said Chiro Aikat, Executive Vice President, North America Products & Innovation at Mastercard. “Through the integration of Mastercard Send, Payfare can now better meet the needs of the gig and independent economy by offering greater choice and efficiency.”
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Kea Rolls Out Local Payouts in 85+ Currencies
Kea has launched global Local Payouts in 85+ currencies for businesses that move money across borders
Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide
Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions by ACI Worldwide
Tide to Launch Connected Insurance for SMBs
Tide is launching Tide Insurance for SMBs, enabling Tide members to access tailored business insurance directly through the Tide app
Market Backs 3-Year LIMOSS/Vitesse FCP Contract to Improve Treasury Management and Claims Payments in the Lloyd’s Market
The Lloyd’s Market Association (LMA), LIMOSS, and Vitesse have announced the signing of a new contract to continue the market-wide FCP Service for a minimum of three years
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.
Kea Rolls Out Local Payouts in 85+ Currencies
Kea has launched global Local Payouts in 85+ currencies for businesses that move money across borders
Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide
Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions by ACI Worldwide
Tide to Launch Connected Insurance for SMBs
Tide is launching Tide Insurance for SMBs, enabling Tide members to access tailored business insurance directly through the Tide app
Market Backs 3-Year LIMOSS/Vitesse FCP Contract to Improve Treasury Management and Claims Payments in the Lloyd’s Market
The Lloyd’s Market Association (LMA), LIMOSS, and Vitesse have announced the signing of a new contract to continue the market-wide FCP Service for a minimum of three years
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
Tidalwave Raises $22M Series A, on Track to Reach 4% of U.S. Mortgage Market
Tidalwave, an agentic AI-powered mortgage point-of-sale (POS) platform, today announced a $22 million Series A funding round led by Permanent Capital, with participation from D.R. Horton, Inc., the nation’s largest homebuilder, and a follow-on from Engineering Capital. This brings Tidalwave’s total funding to $24 million.