Banking-as-a-Service stories
Backers including SC Ventures and Sony Innovation Fund are betting USD $40 million will help widen access to dollar-based payments in emerging markets.
Platforms handling multi-party payments could cut delays and reconciliation work as Hello Clever ties funds to real-time domestic rails.
Hong Kong users of Hang Seng's mobile app can now pay abroad through Alipay+, widening access to merchants in more than 55 markets.
The financing values the New York fintech at USD $1 billion as it seeks to give overseas banks direct access to dollar accounts and payments.
Users could soon spend digital dollar balances at shops as the firms seek to make stablecoins usable on existing card networks.
New customers can tap Swift's global network without building their own connectivity, as BankB goes live on Mambu's managed service.
The payments firm is strengthening its European governance as it targets further growth across the region after reaching profitability last year.
The move would let Nayax offer more financial services to US business customers as North America remains its largest market.
The agreement will let MVB Bank scale anti-money laundering and know-your-customer checks without adding staff as fintech compliance workloads rise.
The tie-up should give users more account features, faster transfers and higher limits as Fold builds a fuller banking-style app around bitcoin.
Children and teenagers can now tap to pay in stores using Google Wallet, while parents keep controls over spending and balances.
Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.
Real estate sponsors could cut manual fund handling as the platform adds account, reconciliation and distribution tools across ACH, RTP, FedNow and wires.
The move could cut complexity for fintech firms by bundling regulated banking access with payments software in one provider.
The tie-up could help banks and credit unions turn new business accounts into primary relationships by moving payroll, deposits and spending faster.
Institutional crypto clients can now move dollars continuously after the bank said WA VenueX has already handled billions in transfers.
New Zealand exporters and online sellers could cut manual bookkeeping as transaction data and bills move automatically between the two platforms.
As Canada's payments system grows more complex, hybrid access is emerging as a way to cut costs and ease compliance burdens.
Its tokenised deposit push could gain wider reach after the Reno-based firm brought in a former Apple Pay and Cash App executive.
The app's first Cash ISA lets savers move money automatically from current accounts, as Spring passes GBP £1 billion in deposits.