Marqeta’s & Deloitte’s Payments Plan Other Digital Transactions News briefs from 1/23/23

Payments fintech Marqeta Inc. said it has entered a strategic alliance with consulting firm Deloitte to help banks, fintechs, and payments providers quicken the pace of payments modernization.
Grazzy, an app provider for same-day earnings and other employee payments, announced a $4.25-million seed funding round from Next Coast Ventures and Tuesday Capital. The round brings the startup’s total funding to $6.8 million.
FV Bank, a U.S.-licensed digital bank, launched a cross-border foreign-exchange payments service in seven currencies for U.S. and international account holders.
Private-label credit card provider Synchrony Financial posted $577 million in net income for the fourth quarter of 2022, a 29% decrease from $813 million in the same quarter in 2021. Synchrony attributed the drop, in part, to changing consumer spending patterns following the worst of the pandemic.
Payroc WorldAccess LLC named Joe Garza its chief revenue officer. Prior to Payroc, Garza was founder of eConduit, a cloud-based integration platform for payments. He’d also worked at Elavon, Moneris, and American National Bankcard.

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