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!
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.
