The People’s Bank of China granted Visa (NYSE: V) approval to begin formal preparations for a bank card clearing institution through its local subsidiary, Visa Information Technology (Beijing) Co. Ltd. The decision allows the U.S. payments company to advance toward handling renminbi-denominated card transactions inside… Read More
HSBC (NYSE: HSBC) and Ant Digital Technologies announced the successful completion of a technical verification exercise exploring how artificial intelligence agents could handle both service interactions and payments in a single automated flow. The pilot demonstrated an end-to-end process in which software agents identified digital… Read More
Tagged agentic ai, ant digital, hsbc, payments, tokenized deposits
Ripple has announced two significant developments that expand its role in institutional finance. On October 14, 2026, the company formed a partnership with DriveWealth, a brokerage-as-a-service platform that supplies infrastructure to more than 100 partners worldwide, including fintech firms, digital wallets, and financial institutions offering… Read More
Tagged drivewealth, payments, ripple, settlement
Prometheum and Federated Hermes (NYSE: FHI) have recently formed a partnership aimed at bringing tokenized fund shares into the regulated US brokerage system that serves most American investors. Announced on October 13, 2026, the collaboration pairs Federated Hermes, the active asset manager overseeing roughly $912… Read More
Tagged federated hermes, investing, prometheum, tokenized securities, us
Remitian, an accounting Fintech, is in the process of raising $20 million funding round. According to a Form D filing with the Securities and Exchange Commission, Remitian has raised $14 million toward a $20 million funding round. The filing indicates that 84 investors have backed… Read More
Tagged funding round, Remitian
Card platform Marqeta (NASDAQ:MQ) and digital asset firm Coinbase (NASDAQ:COIN) are expanding an existing relationship to help enterprise customers issue stablecoin-backed cards. Coinbase will custody the stablecoin and convert between digital assets and fiat. Coinbase will use Base as its blockchain. Marqeta will handle card… Read More
Tagged cards, coinbase, marqeta, stablecoins
Global Fintech funding remains robust, according to a report distributed by S&P Global Market Intelligence. According to S&P, Fintech startups raised $10.51 billion across 372 rounds Year over year during the same quarter; while there were fewer deals, total capital raised rose 25%, with 406… Read More
Tagged banking, funding round, stablecoins, vc, venture capital
Deutsche Bank (NYSE: DB) recently lifted its rating on Chime Financial (NASDAQ: CHYM) from Hold to Buy and raised its price target from $30 to $35. The move, announced in early October 2026, came after the fintech reported solid second-quarter results and reflected confidence that… Read More
Tagged banking, chime, chym stock, consumer fintech, deutsche bank
AT&T (NYSE: T) has agreed to divest its Mexican mobile operations to a joint consortium formed by Grupo Televisa and Fintech Holdings, in a transaction valued at roughly $2 billion in cash at closing, subject to customary adjustments, along with further contractual and contingent considerations…. Read More
Tagged at&t, fintech holdings, latam, mexico
Stripe’s expanding role in both cryptocurrency infrastructure and artificial intelligence-driven shopping is drawing new connections between payments, digital assets, and automated agents. Recent developments include a partnership involving Stripe-owned Privy and Ripple to support embedded wallets on the XRP Ledger, continued efforts to link AI… Read More
Tagged agentic ai, privy, ripple, stripe
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