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- Veritran, a U.S. technology company, said it is working with global financial-messaging service Swift to enable a smoother process for bank customers looking to make cross-border payments.
- Some 78% of community and regional banks plan to widen payments and merchant services for small businesses in coming months, with 96% planning to add FedNow and other new payment services, according to a survey early this year by the processor Jack Henry & Associates Inc. of institutions “representing a diverse sample of Jack Henry core clients with assets ranging from less than $500 million to more than $10 billion.”
- VM Money Transfer Services said it will work with TerraPay, a global transfer service, to widen its scope to the approximately 31 markets around the world Terrapay supports.
- The Canada-based payments provider POSaBIT Systems Corp. said it expects a delay in filing annual financial statements for 2023 owing to a change in auditor. The company said it expects to file no later than May 17.
- Payments platform ePayPolicy has partnered with US Premium Finance to introduce a buy now, pay later option for consumers looking to make insurance-premium payments online.
- Jersey Telecom, based in the British Channel Islands, said it is expanding its operations in the U.S. market with MoneyGuard, a service aimed at helping financial institutions and consumers combat fraud.
- SpryPoint, a technology provider to North American utility companies, announced it will release SpryWallet, aimed at easing checkouts for customers. The app is expected to be available starting in July.
- Visa Inc., Cross River Bank, and the nonprofit Financially Clean hosted a financial-literacy event at the New York Stock Exchange for high-school and college students.
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