Four-hour briefing
Fintech Briefing —
What changed in fintech over the last 4 hours
Top Stories
- Same Day ACH Volume Rises 37% Year-Over-Year in Q3 to 470.4 Million Payments
Nacha reported that Same Day ACH volume increased by roughly 37% and total payment value rose 32% year-over-year in the third quarter, bringing total payments on the network to 470.4 million.
- Cross River's Parent Company to Acquire Accrue to Expand Wallet and Loyalty Infrastructure
CRB Group, the parent company of Cross River Bank, has agreed to acquire fintech firm Accrue. Cross River plans to integrate Accrue's branded wallet, stored value, and loyalty rewards technology into its regulated financial infrastructure, subject to customary closing conditions.
- CME Group Plans Financially Settled Tungsten Futures by Early 2027
CME Group plans to introduce financially settled tungsten futures by early 2027. The contract will settle against Fastmarkets' price assessment for ammonium paratungstate on a duty-unpaid basis at CIF Rotterdam and Baltimore.