Banking-as-a-Service stories
Platforms handling cross-border collections can now reconcile payments in 24 currencies, as Mangopay widens Virtual Accounts support from seven.
International founders can now open US business accounts remotely, as Bluevine removes a major barrier for overseas owners in eight markets.
European firms can now embed regulated accounts and cards into their apps as bunq widens its banking-as-a-service push beyond Blockrise.
Banks could launch international transfers faster, as the Backbase integration cuts the complexity of linking to Mastercard Move.
Card issuers and acquirers will gain round-the-clock settlement choices as the network adds regulated stablecoins alongside fiat payments.
Banks can add fintech services without ripping out ageing core systems as DXC's CoreIgnite offers a single link to partners and networks.
Tighter oversight is pushing card sponsorship beyond market entry, with RS2 arguing firms now need stronger controls over processing, fraud and settlement.
The hire comes as the financial infrastructure group reports 15x growth and pursues a US trust bank charter to strengthen oversight.
The move gives Depa a single way to route dollar and stablecoin transfers, as it expands access to clients in more than 90 countries.
The hire underscores Lorum's push to win clients that need stronger regulatory assurance as it seeks a US trust bank charter.
The deal gives Axos a newer software platform to court underserved US small businesses and tech start-ups more effectively.
Approval would let the fintech bring U.S. payments, savings and credit operations in-house, reducing reliance on partner banks.
The move strengthens the trade group's push for tighter standards as scrutiny of banking-as-a-service partnerships intensifies across the US financial sector.
Banks using Universal Banking will see continued support as Pollen Street backs standalone growth and AI upgrades after the deal closes.
Businesses can now settle invoices in USDC or PYUSD, with funds converted into US dollars on receipt through FV Bank's dashboard.
As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.
Poor provider support is costing firms revenue and slowing overseas expansion as embedded finance adoption gathers pace across Europe.
The tie-up gives global businesses a regulated route into China, with India next as payment firms link existing networks to widen reach.
Customers can now send money abroad in minutes through GoTyme's app, with upfront fees, live exchange rates and tracking.
Existing customers will see no disruption as the renamed TBX expands beyond transaction banking into treasury, payments and enterprise finance tools.