Fintech Rundown: A Rapid Review of Weekly News

As we head toward the final quarter of the year and autumn begins in earnest, we're seeing a raft of news in the insurance/insurtech space with new product launches and a look at the role of agentic orchestration in the industry.

Be sure to check back here at Finovate's Fintech Rundown all week long for the latest fintech news updates!

Business banking

Lloyds integrates invoicing and payment collection directly into its business banking app

Payments

Deutsche Bank teams up with IPID to integrate AI-driven payment decision intelligence.

FIS integrates with Spade, bringing real-time transaction enrichment to its debit processing platform.

BNY launches Pay-to-Wallet capability, enabling financial institutions to facilitate cross-border payments.

Cosmos provides connectivity to help banks participate in Swift's ledger for 24/7 cross-border payments.

Stablecoins and DeFi

Volante Technologies and Circle advance stablecoin payment and settlement capabilities for financial institutions.

Episode Six launches E6 Token Control ledger to…

Read more →

FedNow Announces Support for Cross-Border Payments

The Federal Reserve is adding cross-border capabilities to FedNow, allowing banks to use the instant payments network for the US leg of international transactions.

Initial use cases include international payroll, corporate payments, insurance claims, and treasury management, with correspondent banks handling the international portion.

The expansion strengthens FedNow’s position as stablecoins gain traction in cross-border payments, giving banks a faster, 24/7 option within established banking infrastructure.

The US Federal Reserve is improving its FedNow real time payment scheme this week. The organization is building out cross-border transaction support to allow financial institutions to meet needs of clients who conduct business across geographic borders.

Cross-border payment capabilities will allow institutions to support customers whose transactions involve sending and/or receiving funds to parties outside of the US for international payroll, corporate payments for global businesses, international insurance claims, and global treasury management. While FedNow is covering the US leg of the transaction,…

Read more →

Finovate Global Cambodia: Partnerships in Fraud Fighting and Innovations in Payments

This week's edition of Finovate Global features fintech news from Cambodia.

Cambodia and the UK partner to fight online scams

The UK and Cambodia have signed a Memorandum of Understanding (MoU) declaring their intent to work together to combat networks of illegal scam centers. The agreement calls for more data sharing and greater coordination against criminal gangs in order to bring scammers to justice. The two countries also noted the role of human trafficking in international financial crime and have pledged to make sure that victims of trafficking are supported as well.

The problem of scam centers is the focus of the agreement, which marks the first time the two countries have established a joint working framework for tackling scam networks. Scam centers and networks have been effective in launching and scaling fraud attacks against thousands of victims simultaneously. These criminals deploy sophisticated tactics to con individuals into sending them…

Read more →

LoanPro Launches New Payments, Disbursement, and AI Servicing Tools

LoanPro launched three new products spanning payments, card-based loan disbursement, and AI-assisted servicing: LoanPro DirectPay, Beyond Credit, and LoanPro MCP.

The launches bring more of the lending lifecycle onto LoanPro's platform, helping lenders reduce reliance on separate vendors and integrations for payments, disbursements, and servicing.

LoanPro MCP allows lenders to connect AI agents to servicing workflows while applying the same permissions, compliance guardrails, and audit trails used for human employees.

Lending and credit platform LoanPro revealed its three newest launches this week. The Utah-based company unveiled multiple new products covering payments, card-based loan disbursement and AI-assisted servicing.

Among today's launches are LoanPro DirectPay, Beyond Credit, and the LoanPro MCP (Model Context Protocol). The company also announced RiskRadar delinquency prediction, ongoing compliance monitoring, LoanPro Connect, full support for secured cards, and added two new payment partners, Moov and CheckAlt.

"Lenders have asked us for years to handle more…

Read more →

Crux Analytics Secures $2.2 Million in Seed Funding

New York-based Crux Analytics has raised €1.9 million ($2.2 million) in seed funding.

The investment in the relationship intelligence platform was led by Castle Creek Launchpad and also involved three credit union investment funds, Chartway Ventures, One Washington Financial, and Curql.

Crux Analytics made its Finovate debut at FinovateSpring 2025. The company was founded in 2023 by Jacob Bennett (CEO) and Nathan Bennett (CTO).

Relationship intelligence platform Crux Analytics has raised €1.9 million ($2.2 million) in seed funding, bringing the company's total capital raised to €2.8 million. The round was led by Castle Creek Launchpad, a joint venture fund with 35 community banks as limited partners. Chartway Ventures, One Washington Financial, and Curql, three credit union investment funds, also participated in the round. Crux said that it will use the additional capital to grow its team and accelerate product development.

Crux combines workflow automation and business-specific insight to enable bankers…

Read more →

FinovateFall 2026 in Photos

Whether you missed out on FinovateFall in New York earlier this month or you were there in person, it's worth checking out the massive number of photos that came out of the three-plus day event.

The event was full of meaningful conversations, fast-paced demos, a reunion of familiar faces, and new connections. And while speakers and attendees were busy talking and learning about all things fintech and banking, Finovate’s photographer was capturing the event in more than 1,000 photos.

The photos are broken down into 31 categories, including demos, industry stage sessions, and networking drinks. New this year, you can search for photos that you appear in by uploading a selfie. Here is a sampling of a few photos to help summarize FinovateFall 2026.

Networking

Sessions

Demos

Book signing

The experience

You can view all of the photos on the FinovateFall gallery page.

Read more →

Fintech After the Midterms: 3 Thoughts on How Politics Might Impact Policy

With the midterm elections only six-odd weeks away, control of the US House is one of the questions that will shape the next Congress. I wanted to think a little about what a future Democratic House might mean in terms of policymaking for banking, fintech, and financial services.

New Sheriffs with Old Badges

The biggest difference could be in the leadership of various House committees. For example, the House Financial Services Committee is currently chaired by French Hill, a Republican from Arkansas. Maxine Waters, a Democrat from California and the committee's current ranking member, previously chaired the committee. If the Democrats control the House, Waters could again become chair.

As chair, Waters previously emphasized consumer protection, affordability, diversity/inclusion, and congressional oversight. More recently, she has raised concerns about bank safety and soundness, cybersecurity and the financial risks associated with AI, as well as cryptocurrencies and digital assets.

What could the…

Read more →

Numeral Raises $100 Million for Sales Tax Solution

Numeral raised $100 million in Series C funding, bringing the tax compliance platform’s total funding to $157.5 million since its 2023 founding.

The company will use the capital to accelerate product development, expand into additional industries, and grow its team, while launching a new accounting partner program.

Numeral is using agentic AI to automate more of the tax compliance workload while keeping humans in the loop, as businesses face growing complexity across markets and jurisdictions.

Sales tax compliance platform Numeral has raised $100 million in Series C funding, boosting its total raised to $157.5 million since it was founded in 2023.

Insight Partners led the round, which saw participation from Salesforce Ventures, Geodesic, Benchmark, Mayfield, FCVC, Y Combinator, and Uncork.

San Francisco-based Numeral aims to simplify sales tax compliance details such as nexus tracking, registrations, filing, rate calculation, remittance, exemption certificate management, and virtual mailbox services. In addition to sales tax, the…

Read more →

Baselayer Raises $35 Million for its Agentic Identity Technology

Identity network and fraud intelligence platform Baselayer has secured $35 million in new funding. The Series A round was led by M13, and featured participation from Torch Capital, Picus Ventures, Afore Capital, and Matt Thompson of fellow Finovate alum Socure.

Along with the investment announcement, Baselayer unveiled its Agentic Identity Suite, an interoperable trust layer that helps institutions verify autonomous AI agents.

New York-based Baselayer made its Finovate debut at FinovateSpring 2026.

Business identity network and fraud intelligence platform Baselayer has raised $35 million in Series A funding. The round was led by M13 with participation from Torch Capital, Picus Ventures, Afore Capital, and Matt Thompson of fellow Finovate alum Socure.

In addition to the investment, Baselayer announced the launch of its Agentic Identity Suite, an interoperable trust layer and agentic fraud consortium for the global agentic economy.

"Every era of commerce has required a new…

Read more →

J.P. Morgan Payments Selects Thunes to Power Global Payout Solution

J.P. Morgan Payments selected Thunes to expand Xpedite Remit, combining its payments infrastructure with Thunes’ Direct Global Network for faster, more transparent cross-border payments.

The partnership gives J.P. Morgan access to 12 billion bank accounts and mobile wallets across 100+ corridors, reducing the need to establish local connectivity market by market.

Chase’s 94 million consumer and small business customers will also benefit, including through faster, real-time inbound payments into the US.

J.P. Morgan Payments has selected Thunes to expand its cross-border capabilities through the bank's Xpedite Remit solutions suite.

The new suite of tools combines J.P. Morgan Payments’ connectivity with local, real-time payments rails and Thunes’ Direct Global Network to offer a reliable cross-border payments tool. The bank's Xpedite Remit tool offers protection, end-to-end traceability, and faster payouts, regardless of whether the payment takes place in the same currency or uses a foreign exchange conversion.

The cross-border capabilities offer access to…

Read more →

Go.AI Secures $85 Million in Series A Funding

AI infrastructure provider for regulated industries, Go.AI, has secured $85 million in Series A funding in a round led by Updata Partners. The investment takes the company's total funding to $90 million.

The capital will enable Go.AI to grow its engineering team, accelerate development of its key solutions, and scale go-to-market efforts beyond regulated industries.

Go.AI made its Finovate debut earlier this year at FinovateSpring 2026 as Go Abacus. The Chicago-based company returned to the Finovate stage for FinovateFall 2026 in September.

Go.AI, an AI infrastructure provider for regulated industries, has raised $85 million in Series A funding. The round was led by Updata Partners with participation from existing investors GFT Ventures and LAUNCH. The investment takes Go.AI's total funding to $90 million. In a statement, the company said it will use the funding to grow its engineering team and accelerate development of both its operating system, Go.OS…

Read more →

ACI Worldwide to Support Payments Orchestrated Through Swift

Payments expert ACI Worldwide announced it now offers intelligent payments routing for Swift ledger transactions. The capabilities are available using ACI Connetic, the company's cloud-native payments hub. 

Swift's blockchain-based ledger was announced last year to help banks move tokenized deposits across borders beyond traditional operating hours. While the 17 banks involved stand to benefit from the infrastructure, many have not fit tokenized deposit payments into their day-to-day operations.

Using ACI Connetic, banks will be able to process tokenized deposit payments, as well as traditional payment types, into the same payments environment banks already use to route, monitor, control and reconcile payments at scale. Because banks can use the same operational controls, workflows, and infrastructure for tokenized payments as they do with traditional payments, it eliminates the need for separate digital-asset payment operations.

"Digital assets should extend a bank’s payment capabilities, not force it to build a second payment operation,"…

Read more →