The year may be winding down, but fintech is still winding up. This morning brings news of Airwallex’s $333 million round, valuing the company at $8 billion. Grab yourself a warm cup of cheer and settle in for this week’s top fintech news. We’ll continue to add more announcements as the week progresses.

Business financial management

Airwallex raises $330M Series G at $8B valuation.

Digits launches Ask Digits, a 24/7 AI assistant for real-time financial answers and actions.

Vroozi named to 2025/26 ProcureTech100 list of top digital procurement solutions.

Agentic AI

BNY collaborates with Google Cloud to advance its Eliza AI platform with Gemini Enterprise.

Mortgages

Cross River achieves milestone with $288 million commercial mortgage-backed securities transaction.

Fraud, compliance, and identity

Socure acquires BNPL consumer credit database Qlarifi.

ID-Pal and MBS join forces to streamline compliance for trust or corporate service providers.

SEON joins group of AWS partners with three earned competencies.

Credit Unions

Nuuvia’s CUSO secures $4 million investment from VyStar and Desert Financial Credit Unions.

Payments

TenPay Global broadens integration of international wallets to Weixin Pay.

FuturHealth selects Gr4vy to power smarter payment orchestration and boost authorization rates.

DLocal and Yuno expand partnership to simplify global expansion for modern enterprises in emerging markets.

DeFi

Coinbase and PNC partner to expand direct bitcoin access for clients.

Digital banking

10x Banking partners with audax to accelerate digital banking modernization across APAC and Europe, and Middle East.

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Photo by Connor McManus

We have two more weeks until the holiday season slowdown, but the fintech news pulse is already beginning to slacken. So far this week, we’re seeing a lot of news in the fraud and compliance spaces, as well as the payments subsector, with Visa and Mastercard reaching a revised $38 billion settlement with merchants. Here is some of the biggest news from this week so far. We’ll continue adding news to this post throughout the week, so stay tuned!

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Fraud and security

Agent IQ enhances fraud prevention capabilities with integrated risk-based authentication platform from IDScan.net.

P1FCU strengthens security and member experience with IllumaSHIELD’s Voice Authentication.

Compliance

Solutions By Text launches its first customer with Rich Communication Services (RCS) messaging.

Payments

PayPal brings no-fee Buy Now Pay Later offering to Canada.

Block enables Bitcoin payments for millions of Square sellers.

Visa, Mastercard reach new swipe fee settlement with merchants.

Back Office

Digits automates the monthly close with AI bank reconciliations.

DeFi

Coinbase launches new platform for early access to digital tokens.

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Photo by Karola G

The final week of October is always a little extra spooky, as it signals that the start of the holiday season is just days away. The week also generally brings an onslaught of company announcements, as organizations rush to publish their latest news before audiences become distracted by the holidays. Here is some of the biggest news from this week so far. We’ll continue adding news to this post throughout the week, so stay tuned!

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Payments

Mastercard and Citi bring Citi Flex Pay Installments to more retailers at checkout.

Worldpay unveils AI-powered 3D Secure optimization service to increase payment approvals.

PayQuicker announces Flex, a business-ready stablecoin alternative for global payouts.

Bold.org partners with Wildfire to launch first debit card rewards program for purchases on AI platforms.

PayNearMe enhances PayXM with the rollout of AI-powered Intelligent Virtual Agent (IVA).

Worldpay launches OpenAI agentic commerce protocol.

MassPay processes tens of thousands of monthly identity verifications through Veriff integration.

Interactive Brokers launches the Karta Visa Card.

Southwest Airlines taps SoFi’s Galileo to offer a new way for customers to earn rapid rewards points on everyday purchases.

Venmo and Bilt unveil partnership reinventing rent and mortgage payments nationwide.

Lending

U.S. Bank Avvance launches customized embedded financing offering.

dLocal launches BNPL Fuse, a Buy Now, Pay Later aggregator for emerging markets.

Alogent partners with Vine to accelerate commercial lending workflows.

Ocrolus launches Encore: A cash flow data sharing platform for small business funding.

Investing

Clearwater Analytics and J.P. Morgan Asset Management launch automated cash management solution for hedge funds.

DriveWealth selected by OnePay to power embedded investment platform .

Fraud, security, and compliance

Trulioo reports 1,996% growth in US Know Your Business (KYB) transaction volume since 2023.

ThetaRay and Kaufman Rossin announce AI AML model validation.

iDenfy revamps its RegTech software and launches a new AML Screening solution.

Socure expands RiskOS platform with AI suite of agents and assistants designed to automate and accelerate identity, risk, and compliance decisions.

Daon launches mobile driver’s license support, powered by MATTR’s verifiable credential infrastructure.

Trulioo unveils next-generation identity capabilities to power a complete digital trust life cycle.

Core banking

Belize Bank Group taps Finastra’s Essence to reimagine its core.

Small business banking

BILL launches new AI agents to power touchless transactions.

Digits launches Connect API for open, programmable accounting and faster, integrations.

AI

Incode launches Agentic Identity to verify and secure AI agents.

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Photo by Juan Felipe Ramírez