Revolut Now Approved to Introduce Digital Banking Operations in Mexico

Digital bank Revolut, which enables a global fintech platform with over 65 million retail customers today announced it has received final authorisation from the National Banking and Securities Commission (CNBV), with approval of the Bank of Mexico, to commence operations as a Multiple Banking Institution… Read More

European Fintech TrueLayer to Acquire Nordic Pay By Bank Network Zimpler

TrueLayer says it has signed an agreement to acquire Zimpler, a Pay by Bank network in the Nordics. The acquisition will now aim bring together two of Europe’s Pay by Bank providers, further strengthening TrueLayer as a key player in the crowded European payments industry…. Read More

Payroll Platform Bitwage Reports AWS Outage Issues Being Resolved

Bitwage, an international payroll platform that gives workers the flexibility to receive their earnings in various currencies, is reporting that service disruption caused by the AWS outage have now been resolved. According to the update from Bitwage, most payment processes are now “back to normal.” Still,… Read More

ASEAN Signs MoU To Unify Instant Payments

Six national payment networks from five Association of Southeast Asian Nations (ASEAN) countries have signed a memorandum of understanding to form a common standards body for non-card instant retail payments, aiming to make cross-border transactions faster and safer while preserving national control. The George Town… Read More

Sony Bank‘s Connectia Trust to Focus on Crypto Sector, Submits Request to OCC for National Trust Bank Charter

Sony Bank‘s wholly owned subsidiary, Connectia Trust, has submitted a formal request to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This application, submitted earlier this month, signals Sony Group’s commitment to blockchain tech advancements and breakthroughs, aiming… Read More

OpenFX Explains Why Settlement Speed Is the New Infrastructure Moat

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

EWA Firm Rain Integrates With HR Platform Paylocity

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

Mambu Provides Banking Stack for Credit Unions

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

Stripe backed Tempo Announces $500M Series A at $5B Valuation

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

Nuvei to Support Visa’s Trusted Agent Protocol for AI Agents

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

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