March 7, 2026 @ 4:08 pm By Tony Zerucha  |  

Evervault has raised $25 million Series B financing led by Ribbit Capital with participation from Index Ventures, Sequoia Capital, Kleiner Perkins and Operator Partners. The round brings Evervault’s total funding to $46 million, and will be used to expand its encryption infrastructure, invest in product… Read More

 Tagged data encryption, Evervault, Justin Saslaw, series b, Shane Curran

March 7, 2026 @ 3:59 pm By Tony Zerucha  |  

      Payfinia, providers of an open payments framework, has partnered with CU*SOUTH, a credit union-owned credit union service organization. This partnership will provide credit unions with opportunities to leverage advanced embedded payment solutions and unique digital wallet services. CU*SOUTH’s member credit unions now… Read More

 Tagged Bob West, credit unions, CU*SOUTH, embedded finance, keith riddle, Payfinia, wallets

March 7, 2026 @ 3:55 pm By Tony Zerucha  |  

  Consumers and small businesses receiving payments in a range of countries, including five of the world’s largest remittance markets, will be among the first to benefit as Swift and banks globally roll out a new framework for cross-border retail payments. Payments sent across popular… Read More

 Tagged blockchain, Nasir Ahmed, payments, swift

March 6, 2026 @ 10:53 am By JD Alois  |  

Finastra, a banking tech provider, says it has incorporated artificial intelligence, called OperatorAssist, into its payments platform. Finastra states that errors and inefficiencies continue to take significant time, and this new service addresses these issues by automating analysis and providing solutions, reducing the cost of… Read More

 Tagged finastra, payments

March 6, 2026 @ 10:30 am By Omar Faridi  |  

Morgan Stanley (NYSE:MS) has initiated a significant workforce reduction, eliminating around 2,500 positions globally—roughly 3% of its total staff. The moves affect key areas including investment banking, trading, wealth management, and investment management, while leaving financial advisors untouched. This restructuring follows a year of solid… Read More

 Tagged ai, layoffs, morgan stanley, workforce

March 6, 2026 @ 8:55 am By Omar Faridi  |  

Digital bank Revolut has officially applied for a US national bank charter. The submission to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation seeks to create Revolut Bank US, N.A., enabling the London-based firm to operate as a full-fledged… Read More

 Tagged digital banking, fintech, revolut, us

March 6, 2026 @ 7:55 am By Tony Zerucha  |  

DataVisor, an AI-powered fraud and risk management platform, released its 2026 Fraud & AML Executive Report, revealing an AI Readiness Gap between rising concern over AI-driven fraud and financial institutions’ ability to defend against it. The report found that 74% of surveyed senior fraud and… Read More

 Tagged ai, aml, datavisor, fraud, yinglian xie

March 6, 2026 @ 7:29 am By Omar Faridi  |  

In a significant development bringing together Wall Street players with digital asset focused initiatives, Intercontinental Exchange (ICE)—(NYSE:ICE) the operator of the New York Stock Exchange—has secured a minority stake in OKX, one of the world’s largest cryptocurrency exchanges. Announced on March 5, 2026, the strategic… Read More

 Tagged crypto exchange, digital assets, ice, nyse, okx, us

March 6, 2026 @ 7:28 am By Omar Faridi  |  

SoFi Technologies (NASDAQ: SOFI) is pushing its bank-issued digital dollar forward, blending traditional finance with blockchain capabilities. The developments underscore growing confidence in regulated stablecoins for everyday payments and institutional use. Recently this month, SoFi revealed an expanded collaboration with Mastercard (NYSE: MA). The partnership allows… Read More

 Tagged banking, bitgo, mastercard, sofi, stablecoins

March 6, 2026 @ 6:30 am By Omar Faridi  |  

The British Business Bank has unveiled a series of targeted investments designed to strengthen access to finance for small and medium-sized enterprises (SMEs), early-stage startups, and specialist sectors. These moves, announced in late February and early March 2026, highlight the institution’s ongoing efforts to stimulate… Read More

 Tagged british business bank, funding, sme's, uk, united kingdom