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Tokenization of real-world assets is gaining traction among large asset managers and other financial institutions that see its potential.

The view may be better from the edge, but the experience is richer at the center. And for end-users, that is truer than ever when it comes to payments. “The…

A West Coast provider of cloud-based bill pay technology has agreed to acquire Cromwell’s Payveris in a deal worth $152.2 million. In a statement released Wednesday, officials with Washington-based Paymentus Holdings Inc. said the boards of directors at both companies have approved the planned buyout, which is expected to close some time in the third quarter of this year. About 56% of the purchase price will be paid in cash, they said, while the remaining 44% will be covered through Paymentus Class A common stock.

225+ Credit Unions Select PayverisCU to Enhance Digital Payments and Money Movement Solutions as Pandemic Threatens CU Member Satisfaction Money movement fintech leader welcomes record number of large asset credit union partners during year of rapid digital banking and payment adoption News provided by Share this article Share this article CROMWELL, Conn., May 11, 2021 /PRNewswire/ -- PayverisCU, a wholly owned registered CUSO of Payveris focused on building innovative digital member experiences, announced today that it now supports 227 total credit unions with the MoveMoney Platform , after...

Image Ron Bergamesca CEO Ron Bergamesca said Payveris, which provides digital-payment products to banks and credit unions, will use that money to hire up to 25 new workers and boost marketing efforts. Entrepreneurs in Connecticut have long lamented the difficulties in getting attention from VC firms, but Bergamesca said Payveris' location hasn't stymied its ability to raise money. "The [VC] interest level was more in 2020 than it was prior," Bergamesca said. "I think Connecticut is primed well [for future investment]." Bergamesca’s bullish outlook isn’t just steeped in blind optimism. In ...