Latest news with #embeddedpayments
Finextra
18-06-2025
- Business
- Finextra
US Bank expands embedded payment suite
U.S. Bank has unveiled an expanded suite of embedded payment solutions, offering businesses across industries a powerful way to integrate efficient, secure payment capabilities directly into their existing systems. 0 U.S. Bank Embedded Payment Solutions are built for websites, apps, enterprise systems and fintech integrations to enable companies to deliver fast, simple and secure payment experiences for customers, employees and suppliers. The enhanced offering includes a robust for-benefit-of (FBO) solution for companies to move money on behalf of their customers. The FBO account structure supports unlimited virtual accounts, allowing businesses to easily identify and track funds for each participant. By integrating leading account, payment and risk management technology, U.S. Bank efficiently verifies and onboards customers and provides ongoing, simplified payment support. A broad range of payment types - including instant payments - are available to accommodate payer and payee needs and preferences. 'Today's finance leaders are under increasing pressure to optimize liquidity, reduce friction in payments, move quickly and enhance the customer experience,' said Kristy Carstensen, head of U.S. Bank Treasury and Payment Solutions. 'Our expanded embedded payments suite empowers organizations to embed secure, real-time payment capabilities directly into their platforms—streamlining operations and strengthening financial control.' This expansion reflects U.S. Bank's ongoing work to integrate payment capabilities into the software and platforms businesses rely on daily while enabling faster, easier and secure financial transactions. Through Elavon, its wholly owned subsidiary, the bank has long supported embedded, technology-driven merchant acquiring solutions. 'We are leveraging our comprehensive range of services - from merchant processing to treasury management - to deliver integrated, embedded solutions that provide efficient and secure transactions tailored to the dynamic needs of businesses,' said Jamie Walker, CEO of Elavon. Examples of the types of companies that can utilize embedded payments include fintechs, insurance carriers, healthcare systems, online auto retailers, title companies and more. Basefund - a fintech platform serving municipalities and corporations - integrates U.S. Bank's payment capabilities to securely process high-value, multi-party transactions. 'Our customers value how easy it is to use our platform to make their transactions secure. With U.S. Bank Embedded Payment Solutions, we can now process those transactions in the application while also providing the risk, security and compliance expertise of one of the nation's leading banks,' said Basefund CEO Robert White. Rain - a fintech used by employers to provide employees instant access to their wages - utilizes U.S. Bank Embedded Payment Solutions to facilitate payments on behalf of its customers. "U.S. Bank has been an exceptional partner, providing a robust payments and banking platform that enables Rain to deliver real-time earned wage access to millions of employees each month. We look forward to deepening this collaboration, driving innovation together, and setting a new standard for how earned wage access is delivered across the market," said Rain COO Fred Choquette.
Finextra
18-06-2025
- Business
- Finextra
Payabli raises $28M Series B
Embedded payments platform Payabli has closed on a $28 million Series B funding round. 0 The new funding comes just nine months after Payabli raised its Series A led by QED Investors bringing the total capital in the company to date to $60,000,000. The Series B is led by Fika Ventures and QED Investors with participation from existing investors TTV Capital and Bling Capital. California-based Payabli provides a single unified API to allow software developers to create any payment experience they need for acceptance and issuance of money, as well as operational tools to manage the tactical needs of a payments company. This includes vertical-specific capabilities that lend themselves to certain 'Need-to-Pay' businesses, like property management, utilities, education, and government. Over the past year, the company has posted a 7x year-over-year increase in revenue and surpassed 50,000 merchants on its platform. Joseph Elias Phillips, co-founder and Co-CEO of Payabl, says the new funding will be directed to product development, with a focus on AI-driven features. 'We're fortunate to be experiencing rapid growth at a time when AI is poised to revolutionize the financial services industry," he says. "When our investors approached us about doubling down on Payabli, we saw a clear opportunity to go on the offensive by accelerating AI enablement across our platform and organization to drive further growth and bring groundbreaking new products and capabilities to market faster.' Payabli recently launched Amigo, its first AI-powered support agent, now available through the company's technical documentation, web platform, and natively within Slack. Amigo delivers a wide range of functionality, from acting as a solution engineer that helps software companies integrate faster, to serving as a support representative that resolves tickets quickly, to functioning as a business analyst that assists software partners with reporting and analytics through a user-friendly, chat-based interface. In parallel, Payabli is working with Nvidia to develop advanced risk and fraud detection models trained on proprietary customer data to deliver tailored risk assessments specific to each customer's business and industry.
Forbes
16-06-2025
- Business
- Forbes
How Embedded Payments Act As Value Drivers For SaaS Companies
Henry Helgeson is an entrepreneur, investor, and CEO of BlueSnap, a global payment orchestration platform for B2B and B2C businesses. In today's tough private markets environment, many private equity and venture capital investors are no longer able to rely on buy-and-hold strategies or basic financial tweaks to boost growth and deliver returns. I believe private markets investors today need to take a hands-on approach to drive operational and financial improvements and uncover new revenue streams that add value for all shareholders, leading to better and more successful exits down the line. One promising option being adopted in the software and SaaS space is embedded payments. This is a method of integrating payment processing technologies and capabilities into a software application so that users can complete transactions without leaving the platform. Let's take a closer look at embedded payments and how your company can get the most from this system. • Monetizing The Core Product: When payments are built into the platform, software providers can monetize transactions that happen naturally within the product environment, such as subscription payments, one-off purchases or usage-based fees. Rather than treating payments as a separate function, these transactions can become an integral part of the business, helping to turn your platform into a consistent revenue stream. • Improving User Experience: Embedded payments can make it easier for users to complete transactions by eliminating the need to jump between applications or enter payment information multiple times. In my experience, a seamless payment experience can lead to greater customer satisfaction and improved retention rates. • Unlocking New Revenue Streams: Embedded payments can also create opportunities to generate new revenues while delivering greater value to existing customers. For example, you might charge for advanced features like fraud protection, cross-border payment capabilities and transaction support across multiple or alternative currencies. • Building Customer Loyalty: I've found that when a platform streamlines key business processes like billing, invoicing or payment tracking, it can become essential to users, creating greater "stickiness" that can lead to longer-term customer relationships, higher lifetime value and lower churn. • Standing Out in A Competitive Market: Finally, embedding payments can help you differentiate your company in a crowded market, such as through unique payment features, better rates or customer-centric workflows. If you are considering adding embedded payments to your systems, or if you already have these capabilities but want to maximize their impact, here are several best practices I have learned: Before you start building an embedded payments capability, be clear on your goals. What strategic problems are you trying to solve? How will payments enhance your platform's existing features and deliver more value to your customers? Also, think about what's in it for your business. Will embedded payments help reduce days sales outstanding (DSO)? Improve cash flow? Cut down on manual work? Your strategy should go beyond just offering payments because your competitors do; it should support the overall growth of your business and deepen customer relationships. Think through how your customers actually interact with your platform, especially when a payment is involved. Each use case is a chance to improve the experience. Can you remove a manual step? Automate a use case? Make the payment experience more seamless and intuitive? When you optimize each touchpoint where a payment occurs, it can save time and make your platform stickier and more valuable. Payments shouldn't just live in the product or within your technology team. For embedded payments to succeed, everyone across the organization should be aligned. Train account managers, sales reps and support teams so they can confidently talk about the benefits with customers and prospects. Give employees the tools and incentives they need to bring payments into their everyday conversations. I've found that when teams are unified, it leads to faster adoption and stronger results. Finally, remember that adding payments isn't just about reducing friction. Yes, you want to make it easy, but not at the expense of security, compliance or profitability. For example, offering one-click payments might sound ideal, but it could expose your platform to fraud or higher processing fees. Be thoughtful about how disputes and chargebacks will be handled. Balance the user experience with the backend mechanics so you don't end up undermining the value you're working to create. At the end of the day, payments are part of the customer journey. By thoughtfully applying embedded payments into your SaaS or software platform company, you can improve customer experiences, solve real pain points and drive measurable growth and usage. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Finextra
16-06-2025
- Business
- Finextra
PingPong launches InvestXB in Luxembourg
PingPong, a pioneer of cross-border embedded payment solutions with an established presence in Luxembourg since 2017, today launches InvestXB, a next-generation infrastructure solution for alternative investment managers, administrators and corporate solutions providers in Luxembourg. 0 InvestXB delivers fast and compliant financial solutions designed for investment professionals launching and operating investment vehicles in Luxembourg, with the capability to support investors and assets globally. A Trusted And Robustly Regulated Partner, Designed For Global Investment Professionals In 2020, PingPong received approval from Luxembourg's financial regulator (CSSF) to upgrade from a Payment Institution (PI) licence to an Electronic Money Institution (EMI) licence. This EMI licence includes passporting rights, allowing PingPong to operate across all European Economic Area countries under CSSF supervision and regulation. Our ability to accelerate multi-currency account opening and onboard investment vehicles with global investors and assets, without compromising compliance, allows our team to navigate this complex landscape with tangible results. InvestXB can onboard investment vehicles with global investors and assets, including international Ultimate Beneficial Owners (UBOs), setting us apart from legacy providers. What's more, InvestXB is one of the few non-banks that enables global investment vehicles to open a multi-currency Luxembourg-based IBAN, which will accept incoming funds in 23 currencies, hold multiple currencies to match fund obligations and offer disbursements in over 200 countries and regions. "InvestXB's global capabilities truly set us apart in the Luxembourg market. We enable investment vehicles to seamlessly match their fund obligations with access to 23 currencies for receiving, exchanging and sending funds, while facilitating disbursements and managing FX across over 200 countries and regions. Our ability to onboard investment vehicles with global investors and assets, including international UBOs based anywhere in the world, gives investment professionals the flexibility they need in today's interconnected investment landscape," said Pawel Stosik, General Manager at PingPong Europe SA. Rapid Operational Efficiency, With 24-Hour Account Opening For fund managers, a key aspect of fundraising is speed. Yet traditional banks and legacy providers often take weeks, if not months, to approve and open accounts, causing critical delays for fund incorporation and operation. InvestXB offers a better solution, opening accounts within 24 hours, facilitating blocking certificates in minutes and providing the ability to deploy capital faster. What's more, InvestXB will allow global investment vehicles to open additional accounts on the same day. Where others see complexity, we see value, positioning InvestXB to lead innovation while adhering to the highest regulatory standards. Global Capabilities Backed By Local Expertise And Knowledge Speed matters at every touchpoint, from opening an account to day-to-day operations. Customer service is outdated and inefficient due to a lack of investment from legacy providers, meaning fund managers and administrators are waiting weeks for responses from account managers. Investment managers, fund administrators and corporate service providers deserve better support and infrastructure. InvestXB provides access to a dedicated team based in our central Luxembourg office. Our account managers are experts in Luxembourg fund compliance, regulation, structures, and management, ensuring seamless cross-jurisdictional support throughout the entire fund lifecycle. 'Missing the window to collect capital can mean losing investors altogether. With InvestXB, investment professionals can open accounts in hours, not weeks, while accessing dedicated support from our Luxembourg-based team of experts in fund compliance, regulation, and structures. Having reliable local knowledge and support throughout the fund lifecycle is critical for fund managers. It's like having a concierge service for all your fund administration needs, a next-generation solution designed specifically for sophisticated investors," added Pawel Stosik.
Finextra
02-06-2025
- Business
- Finextra
Cashflows joins forces with Cardstream
Cashflows, the platform that makes it easy for businesses to accept payments, and Cardstream Group, the UK's leading independent Fintech provider, have entered into a strategic partnership to accelerate Cashflows embedded payments solutions for Independent Sales Organisations (ISOs), software platforms, Independent Software Vendors (ISVs) and Payment Facilitators (PayFacs) across the UK and Europe. 0 The strategy unites Cashflows' expert acquiring capabilities with Cardstream's market leading PFaaS infrastructure to dramatically simplify the launch and growth process for PayFacs, aspiring PayFacs, ISOs and ISVs in the market, by managing complex regulatory, compliance, and operational requirements on their behalf. PFaaS is redefining how embedded payments are delivered, giving PayFacs the tools to deploy payment services rapidly and seamlessly, with Cardstream already achieving success in many markets. As Cashflows has identified similar demand in the UK and Europe for flexible, integrated payment experiences, deploying Cardstream's PFaaS provides an end-to-end managed service that includes onboarding, compliance, merchant activation, and transaction processing—allowing the opportunity to monetise a payment facilitator model from the outset. "Our collaboration with a best-in-class partner like Cardstream, helps us to remove the complexities of embedded payments for platforms and PayFacs by providing a modular approach that removes technical barriers while empowering them with greater control over their payments," stated Hannah Fitzsimons, CEO of Cashflows. "By leveraging our in-house expertise, we're enabling them to evolve, thrive and concentrate on what truly matters: innovation and growth." 'As the embedded payments space continues to accelerate, we're seeing Acquirers, Schemes, Platforms, and Financial Institutions increasingly having to choose either build, buy, or partner,' said Adam Sharpe, CEO of Cardstream Group. 'Given the complexity, many are now turning to trusted, best-in-class partners with robust Fintech-as-a-services offering, such as those that Cardstream offers. This shift is driving significant growth in strategic collaborations across the industry.' In a market where embedded finance is becoming a strategic priority, Cashflows and Cardstream's combined expertise stands out by providing speed, compliance assurance, and commercial flexibility, without the usual infrastructure or licensing burden. Together, it sets a new standard for embedded payments—giving ISVs, ISOs, Platforms and PayFacs in the UK and Europe, everything they need to scale confidently in a highly regulated environment.
