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

Fintech Platform FutureBank and Verification Provider Sumsub to Enable Financial Inclusion

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

UK Financial Services Professionals Report Increase in Gen Z Workers Leaving their Organizations

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

Payroc’s Tap to Pay Enables iPhone Contactless Payments

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

Digital Bank Revolut Approaches End of $3B Funding Round at $75B Valuation

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

U.S. Bank Launches Digital Assets and Money Movement Organization

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

SecureLend Targets Community Banks With AI Lending Platform

SecureLend this week announced the commercial launch of its AI-powered lending platform, designed to make loan origination up to 10 times faster and 60% more cost-efficient for community banks, factoring companies, and alternative lenders. The Delaware-based fintech said it is the first to introduce a large language model (LLM)-agnostic architecture, enabling institutions… Read More

Nubank’s Nu Asset Introduces ETF with Exposure to Selic Treasury Bond

Nu Asset Management, Nubank’s (NYSE: NU) investment manager, is introducing the Nu CDI Tesouro Selic B3 (NCDI11), a new fixed income ETF. The solution enables investors to access Letras Financeiras do Tesouro (LFT) – Selic-linked government bonds – tracking the performance of these securities over… Read More

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