Articles from Thredd

Thredd, the AI-first issuer processing platform, today announced it has joined the Visa Agentic Ready programme, enabling issuers across Europe to participate in agent-initiated payments without rebuilding their payments infrastructure. Consumer payments platform Zilch will be among the first issuers on the platform to enable agent-initiated payments for its cardholders.

Thredd, the AI-first issuer processing platform, today announced a strategic partnership with Sutton Bank, a leading sponsor bank and card issuer for fintechs and embedded finance use cases. Through the partnership, Sutton Bank will serve as a BIN sponsor for Thredd clients seeking to launch and scale prepaid and debit card programs in the United States.

Thredd, the AI-first issuer processing platform, today announced the expansion of their partnership with B4B Payments (B4B), a leading global payments provider. Following years of successful collaboration across the UK and Europe, B4B has entrusted Thredd to further support and scale its U.S. programs, building on B4B Payments’ established presence in the market.

Thredd, the AI-first issuer processing platform, today announced a strategic alliance with Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions. The relationship is designed to accelerate the entry of international fintechs into the United States. This collaboration leverages Thredd’s global expertise and technology stack with Cross River’s proprietary core infrastructure, established market leadership and regulatory expertise, creating a seamless pathway for innovative payment solutions to launch and scale in the U.S.

Thredd, the AI-first issuer processing platform, today announced a major acceleration phase for 2026, marked by the appointment of Marilyn McDonald as Chief Technology Officer and the promotion of Ryan Dew to Chief Product Officer.

Thredd, the leading next-generation global payments processor, has successfully migrated BigPay’s virtual and physical card portfolio from its previous, legacy processor to Thredd’s next-generation platform, underscoring Thredd’s leadership in complex card portfolio migrations. The migration project, one of several in recent years, included over 2.5 million cards and highlights Thredd’s unique combination of deep migration experience, robust processes, and advanced technology—qualities increasingly critical as the industry faces a wave of modernisation and replatforming.

Thredd, a leading next-generation global payments processor, today announced that it has signed an agreement to enable Visa Cloud Connect on a global scale. This milestone reflects Thredd’s continued investment in cloud-first infrastructure and reinforces its role as a global technology leader in payments processing.

Thredd, the leading next-generation global payments processor, today announced an expanded partnership with Bybit, the world’s second-largest cryptocurrency exchange by trading volume. The collaboration supports regional rollout of the Bybit Card—Bybit’s flagship multi-currency, crypto-linked payment card, bridging the gap between digital assets and everyday payments across key global markets.

Thredd, the leading next-generation global payments processor, today announced its selection of LoanPro, the modern credit platform, to underpin Thredd’s new suite of credit solutions for fintechs and financial organizations. The partnership marks a significant milestone in Thredd’s strategy to deliver full-stack embedded issuing and processing capabilities inclusive of credit, debit and prepaid.

Thredd, a leading next-generation global payments processor, today announced the introduction of One View, a first-to-market fraud solution developed in collaboration with global fraud and financial crime detection innovators, Featurespace, a Visa solution. The solution enables card transactions and non-card payments to be intelligently monitored under one, network-agnostic interface and rules engine to boost fraud detection.

PhotonPay, an AI-powered financial infrastructure platform, has entered a strategic partnership with Thredd, a leading global payments processor, to strengthen the underlying issuer processing architecture of PhotonPay Card globally.

Thredd, the leading next-generation global payments processor, today announced the continued growth of its partnership with OFX, the global cards, payments and foreign exchange specialist trusted by over 37,000 SMB and corporate clients worldwide. OFX’s integrated platform unites card issuing, spend management, FX solutions, and payments in one powerful solution, giving businesses total control over their cash flow, expenses, and supplier payments locally and internationally.

Thredd, the leading next-generation global payments processor, announced today the expansion of their partnership with Reap, a global fintech company that offers stablecoin-enabled card programs, white-label stablecoin card issuance, and a cross border payments platform offering fiat payouts at scale. Thredd will be providing the mission-critical infrastructure powering Reap’s physical and virtual card programmes, enabling the company’s expansion into the US and Latin America.

Thredd, a leading next-generation global issuer processor, today announced it has become the first to offer its travel agency customers real time payment control through new flexible product codes made possible through the Mastercard Wholesale Program (MWP). This new capability enables Thredd’s customers to better respond to supplier needs based on geography, product type and volume, while optimizing business-to-business travel payments through greater visibility, adaptability, and control.

Thredd, the leading next-generation global payments processor, today announced its partnership with Ontop, the all-in-one global payroll and financial platform helping companies hire, pay, and empower remote talent across 150+ countries. The collaboration will give Ontop’s global workforce and clients a faster, more flexible, and modern way to access and use their earnings, delivering a more frictionless payroll and payments experience.

Thredd, the leading next-generation global payments processor, today announced a strategic partnership with Inswitch, a global provider of embedded finance technology and regulated BIN sponsor operating across Latin America and the U.S. This partnership enables international companies to launch local card programs in Mexico, one of the region’s top fintech hubs.

Thredd, the leading next-generation global payments processor, today announced a strategic partnership with Payblr, a Puerto Rico-based, regional payments enabler and licensed BIN Sponsor. The collaboration will provide global fintechs the regulatory foundation and issuing infrastructure required to launch and scale in Latin America and the Caribbean (LAC).

Thredd, the leading next-generation global payments processor, today announced the opening of its new office in Austin, Texas, marking the latest milestone for the company’s ongoing global expansion and reaffirming their long-term commitment to clients across the Americas. The new office will serve as a central and strategic hub to support Thredd’s operations across the Americas, enabling deeper support for the company’s growing network of clients and partners throughout the region.

Thredd, the leading next-generation global payments processor, today announced it has strengthened its management team to accelerate business growth and capture the global payments and embedded finance opportunity.

Thredd, a leading next-generation global payments processor, today released Payments Unstitched: Protecting & Growing Your Payments Business in 2025 providing fintechs, financial institutions, bank sponsors and others insights into the challenges impacting sustainable growth.

Thredd, the rapidly expanding next-generation global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the world’s first ad-subsidised payments network (ASPN). This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing.

Thredd, a fast-growing ‘next-gen’ payments platform, has today announced the appointment of Ava Kelly as Chief Product Officer (CPO).

Global Processing Services, a next generation global payments platform behind the leading fintechs, digital banks, and embedded finance providers across the UK, Europe, Asia, Middle East and North America, has today rebranded as “Thredd,” to reflect the company’s pivotal role in weaving together the different ‘threads’ of the global payments ecosystem to fuel the growth of electronic payments.