Tag: treasury prime

Mastercard, TCH extend RTP collab | Bank Automation News

Mastercard extended its collaboration with The Clearing House today to allow customers and businesses to use real-time payments. Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard. TCH’s RTP network has been gaining traction since the launch of FedNow, with more […]

Vaidik Trivedi

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January 24, 2024
Grasshopper Bank looks to AI | Bank Automation News

Grasshopper Bank is looking to AI for internal and external uses as the technology is expected to streamline manual employee tasks and improve the overall client experience. The New York-based digital bank is taking a cautious approach to AI, Grasshopper Chief Executive Mike Butler told Bank Automation News. The bank is asking, “Where can we […]

Whitney McDonald

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January 10, 2024
Movers & Shakers: Truist names 3 C-level execs | Bank Automation News

Truist Financial continued its managerial overhaul this month with appointments to fill the new chief operating officer position as well as chief consumer and small business banking officer and chief wholesale banking officer. The $535 billion bank made the following changes: Vice Chair Beau Cummins became COO effective Nov. 14; Donta Wilson was […]

Vaidik Trivedi

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November 27, 2023
Edward Jones taps Citi for BaaS | Bank Automation News

Wealth management company Edward Jones selected Citibank on Aug. 15 to provide bank accounts to its more than 8 million clients. The St. Louis-based company will also integrate Citi Alliance, the bank’s lending service, into its platform to provide loans to its customers, according to an Edward Jones release. “Citi has an industry-leading lineup of […]

Vaidik Trivedi

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August 23, 2023
Fiserv rewards points now on Amazon | Bank Automation News

E-commerce giant Amazon and global payments provider Fiserv have teamed up to offer reward points for Amazon web and mobile app shoppers last month. The program allows Amazon customers to link debit and credit cards from 200 financial institutions to their Amazon accounts to collect and redeem points on Amazon, according to Fiserv. More financial […]

Vaidik Trivedi

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August 9, 2023
Grasshopper Bank secures fintech client using Treasury Prime’s OneKey | Bank Automation News

Grasshopper Bank has secured a new fintech client thanks to Treasury Prime’s OneKey platform, which allows fintechs greater visibility of their accounts across multiple banks. The $606 million bank began beta testing OneKey in March 2022. The tool assisted Grasshopper in sealing the deal with its new client, Chief Digital Officer Chris Tremont told Bank […]

Brian Stone

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April 3, 2023
Fintech Funding: Treasury Prime secures $40M | Bank Automation News

Total fintech funding and number of deals fell last year amid rising inflation and interest rates following a digitally transformative 2021 in the wake of the COVID-19 pandemic. In 2022, fintech funding fell 46% year over year to $75.2 billion, according to CB Insights’ “2022 State of Fintech Report.” In the U.S., fintech funding plunged […]

Whitney McDonald

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February 2, 2023
Treasury Prime, Plaid team up for faster payments | Bank Automation News

Banking-as-a-service (BaaS) provider Treasury Prime and API-data network fintech Plaid are partnering to deliver faster payments for financial institutions and their customers. Through the partnership which has been in the works for two years, Treasury Prime clients will have access to platforms including cash flow app Branch and budgeting tool Rocket Money to improve user […]

Whitney McDonald

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November 16, 2022