The first full week of October is bringing news of new product launches in the digital banking space, funding for continued innovation with stablecoins, and partnerships in payments and insurtech. Be sure to check back with Finovate’s Fintech Rundown all week long for the latest in fintech news!
Digital banking
Alkami unveils its Digital Banking Conversion Toolkit (DBCT) to support financial institutions through their digital transformation journeys.
Bud Financial launches its Bud MCP server to facilitate the integration of AI applications with Bud’s platform.
Checkout.com secures a Merchant Acquirer Limited Purpose Bank (MALPB) charter from the State of Georgia Department of Banking and Finance.
Payments
Courtesy of a partnership with EBANX and MOVii, Colombia launches its instant payment ecosystem, Bre-B, inspired by Brazil’s Pix.
Payall Payment Systems completes certification and now supports live transactions vis FedNow.
Crypto and DeFi
Digital asset risk insights provider Agio Ratings secures $6 million in funding in a round led by Albion VC.
TerraPay teams up with Fipto to launch stablecoin-native flows.
Insurtech
UK-based insurtech Zego announces renewed partnership with Clearspeed.
Customer engagement
First City Credit Union partners with Eltropy to enhance member communications.
Taxes and accounting
Irish startup Leapifai goes live with its digital tax copilot platform.
Photo by Konstantin Dyadyun on Unsplash