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Ripple launched its loan product. Petal launched its new no-annual-fee Visa credit card. Play2Pay announces a new way to pay bills by gamifying payments. Jumio acquired the AML platform from Beam Solutions. Alkami Technology acquired ACH Alert. Bloom Credit secured $13 million in Series A funding. Visa has struck a deal with Stripe. Oracle Banking Payments is supporting SWIFT’s latest service.

Ripple

Ripple has finally launched its loan product, five months after the company first confirmed its plans to The Block in May.

Find details here.

Jumio

Jumio, a Palo Alto, CA-based provider of AI-powered end-to-end identity verification and eKYC solutions, acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and KYC.

Find details here.

Petal

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Thursday the launch of its new no-annual-fee Visa credit card, Petal 1. The new card is paired with a mobile app that will “deliver” various features, tools, and guidance for customers’ financial success.

Find details here.

Bloom Credit

Bloom Credit is helping fintech and other businesses that want to provide credit products, such as lending, personal finance or credit monitoring, work with the country’s three credit bureaus. To accelerate that work, the New York-based startup secured $13 million in Series A funding.

Find details here.

Alkami Technology

Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced the acquisition of ACH Alert.

Find details here.

Stripe

Visa has struck a deal with Stripe to enable buyers on Visa Payables Automation to pay suppliers who are unable to accept digital payments through the use of a virtual Visa card.

Find details here.

Play2Pay

Play2Pay, Inc., a global payments platform formerly known as Adfone, Inc. (Adfone), announces a new way to pay bills by gamifying payments.

Find details here.

Oracle

Oracle Banking Payments is supporting SWIFT’s latest service to make global cross-border payments fast, easy, predictable, and frictionless for small and medium enterprises (SME) and consumer markets.

Find details here.

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