October 21, 2025 @ 12:26 pm By Omar Faridi  |  

OpenFx noted that just five months back, they came out of stealth at $8B in annualized payment volume. And this past month, they claim to have crossed $20B. Somewhere along that process and journey, the customer conversation fundamentally changed, the OpenFX team claims. At $8B,… Read More

 Tagged digital transactions, latam, milestone, openfx

October 21, 2025 @ 11:30 am By Tony Zerucha  |  

Rain, a provider of earned wage access (EWA) solutions, this week announced the launch of a new integration with HR, payroll and spend management platform, Paylocity. Paylocity clients will now have access to a streamlined earned wage access solution directly through the company’s integrations marketplace. This… Read More

 Tagged ewa, Heather Grant, paylocity, rain, Rodolphe Mulliez

October 21, 2025 @ 11:07 am By JD Alois  |  

Banking software provider Mambu has launched a platform for credit unions (CUs) in North America. Mambu aims to support credit unions migrating away from legacy bank stacks as these companies aim to modernize their banking services. Mambu states that it already has over 40 credit… Read More

 Tagged banking, credit unions, mambu

October 21, 2025 @ 10:55 am By Omar Faridi  |  

Tempo, a blockchain that is focused on stablecoin payment processing, recently announced a $500 million funding round. Incubated by Stripe and Paradigm, Tempo’s  Series A round was reportedly led by Thrive Capital and Greenoaks. This, according to an update this past week from Fortune, which… Read More

 Tagged ethereum, funding round, stablecoins, stripe, tempo

October 21, 2025 @ 10:22 am By Tony Zerucha  |  

This week, Nuvei announced its support for the launch of Trusted Agent Protocol, a new framework developed by Visa that enables merchants to recognize and transact with trusted AI agents securely. Trusted Agent Protocol is part of Visa Intelligent Commerce (VIC), a global framework designed to help… Read More

 Tagged AI Agents, nuvei, Phil Fayer, Rubail Birwadker, Trusted Agent protocol, visa

October 21, 2025 @ 9:25 am By Omar Faridi  |  

FutureBank, a banking and payments integration platform, announced an international partnership with Regtech company Sumsub, a global verification provider. The latest collaboration should help banking service providers with enhancing their digital transformation strategies and control all identity operations via a unified platform. The partnership brings… Read More

 Tagged compliance, fraud, futurebank, regtech, scams, sumsub

October 21, 2025 @ 9:15 am By Omar Faridi  |  

Nearly half of financial services professionals (49%) are reporting a significant increase in Gen Z workers leaving their organisation during the last 12 months, according to KPMG’s UK Financial Services Sentiment Survey. Retention challenges are said to have been felt most “prominently” in the banking… Read More

 Tagged financial services, research, uk, united kingdom, workforce

October 21, 2025 @ 1:22 am By Tony Zerucha  |  

Payroc, a provider of payment processing solutions, now enables its U.S. merchants to accept in-person contactless payments with Tap to Pay on iPhone. With the Payroc Mobile iOS app, merchants can now accept contactless credit and debit cards, Apple Pay, and other digital wallets using… Read More

 Tagged Casey Conley, contactless payments, iphone, payroc, tap to pay

October 21, 2025 @ 12:18 am By Omar Faridi  |  

Digital bank Revolut and its backers are said to nearing the completion of a $3 billion fundraising round that reportedly values the UK-based fintech company at $75 billion. Revolut has now started informing investors about the allocation of shares they will be receiving as part… Read More

 Tagged digital bank, fintech, funding round, revolut

October 20, 2025 @ 5:21 pm By Tony Zerucha  |  

U.S. Bank (NYSE: USB) has created a new Digital Assets and Money Movement organization to accelerate development of and grow revenue from emerging digital products and services such as stablecoin issuance, cryptocurrency custody, asset tokenization and digital money movement. Jamie Walker, a veteran in the… Read More

 Tagged Digital Assets and Money Movement, Dominic Venturo, elavon, Jamie Walker, u.s. bank