As the holiday-shortened week begins, we’re learning that analysts expect UK hiring in fintech to boom in 2025. Meanwhile in the US, is the CFPB about to “86” open banking?
We’ll keep you covered on all the latest fintech news here in Finovate’s Fintech Rundown!
Payments
Fintech platform Adyen goes live with Tap-to-Pay on iPhone in seven European markets.
Flywire accepted into global luxury travel group Virtuoso.
Palla secures $14.5 million Series A funding to drive expansion and innovation in cross-border payments.
DeFi / Crypto
Worldpay teams up with BVNK to offer stablecoin payouts.
Volante Labs launches Volante Card, a Web3-enabled prepaid card for salary payments.
Cryptocurrency exchange Bitget unveils yield-bearing stablecoin asset, BGUSD.
Garanti BBVA Crypto goes live with its new mobile app.
Investing / Wealth Management
River Valley Credit Union partners with InvestiFi to offer cryptocurrency and securities investing.
Blend360 and Fin Capital partner to accelerate enterprise innovation.
Hidden Road launches digital asset swaps prime brokerage for the US market.
Identity management
Identity verification specialist Sikoia wins the 2024 Innovation Labs programme, along with Credit Canary and Aperidata.
Metro Credit Union partners with Illuma to enhance security and streamline member authentication.
Communications
Eltropy launches office phone to unify telephony for CFIs.
Customer data
Plaid introduces Transactions for Business to help power real-time business tools.
Fraud and security
ParaScript enhances check fraud detection capabilities with advanced endorsement reading feature.
Fenergo launches FinCrime operating system with Agentic AI layer to supercharge productivity.