Global payments platform Airwallex has partnered with BNPL Fintech Affirm (NASDAQ: AFRM) to introduce the latter’s flexible installment payment options to eligible U.S. shoppers through its checkout system. The collaboration, announced on August 13, 2026, enables merchants operating on Airwallex in 35 countries to offer… Read More
Wellington Management Group has filed a Form 13-G with the Securities and Exchange Commission (SEC), indicating that it controls 13.3% of Happen’s (NASDQ:HAPN) shares. Happen previously did business as LendingClub. The filing indicates it is a passive investment and does not seek control. Wellington now… Read More
Tagged digital bank, happen, lendingclub, wellington
The American Fintech Council (AFC) has issued a statement calling for risk-based artificial intelligence (AI) regulation in financial services. The AFC was responding to a request from House Financial Services Committee Ranking Member Maxine Waters. The AFC urged Congress to “pursue a unified, risk-based, and context-specific… Read More
Tagged AFC, regulation
Digital bank Revolut reportedly scales back WeWork access for its premium membersRevolut, one of Europe’s leading digital banks, has quietly reduced the WeWork coworking space benefits available to customers on its higher-tier paid plans. The change, which took effect in early August 2026, followed negotiations… Read More
Tagged digital bank, europe, revolut, wework
HSBC Asset Management, part of HSBC (NYSE: HSBC), has taken an equity stake in Model ML, a London-based startup developing specialized artificial intelligence (AI) tools for the financial sector. The investment, channeled through HSBC Asset Management’s primary venture capital approach, arrives as institutions increasingly prioritize… Read More
Tagged hsbc, HSBC Asset Management, Model ML, uk, united kingdom
European digital bank N26 has rolled out support for Wero, the pan-European instant payment system, inside its mobile app. The Berlin-based neobank announced the integration on 11 August 2026, making the service available to eligible customers in Germany and France. A gradual expansion to additional… Read More
Tagged banking, digital bank, europe, france, germany, n26, payments, wero
Two former executives from the mobile banking Fintech MoneyLion have secured more than $10 million in funding to launch Astraeus, an artificial intelligence-powered infrastructure platform aimed at wealth management companies. The New York-based startup seeks to solve longstanding issues of fragmented technology systems that hinder… Read More
Tagged agentic ai, astraeus, wealthtech
Two of Canada’s financial institutions, Royal Bank of Canada (RBC) and Bank of Montreal (BMO), have reached an agreement to sell their jointly owned payments processing company, Moneris Solutions Corporation, to the technology-focused private equity firm Francisco Partners. The all-cash deal is valued at approximately… Read More
Tagged bank of montreal, bmo, canada, francisco partners, moneris, royal bank of canada
This past week, it was reported that Netherlands-based digital bank bunq had been denied a US charter by the Office of the Comptroller of the Currency. The response sent to bunq’s legal representation in the US was uncharacteristically harsh and critical of the Fintech’s attempt… Read More
Tagged bank charter, banking, bunq, digital bank, occ
Nasdaq (NASDAQ: NDAQ) has entered into a definitive agreement to purchase all equity interests in LeveL Markets LLC, a US off-exchange equity trading venue. The deal, announced on August 11, 2026, supports the exchange operator’s broader strategy of developing continuous, always-available market infrastructure that bridges… Read More
Tagged acqusition, ats, level markets, nasdaq
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