The week begins as platforms, websites, and applications around the world are reeling from a major Amazon Web Services (AWS) outage. The impact, which affected more than 500 companies and generated millions of outage reports according to Downdetector, is among the most significant Internet disruptions since the Crowdstrike incident in 2024.
Meanwhile, here on Finovate’s Fintech Rundown, we’re looking at a handful of newly announced partnerships in payments and a pair of announcements in the crypto commerce space. Be sure to check back all week long for the latest in fintech headlines!
Payments
Payment orchestration platform Gr4vy announces collaboration with Mastercard.
Worldpay inks deal to provide payment processing services for food retailer Kroger.
Emerging markets payment orchestration platform MoneyHash teams up with Saudi Arabia-based financial services app Tabby.
Digital identity
IDenfy unveils new email and SMS verification tools.
Open banking
Bill sharing and expense app Splitwise expands its partnership with Tink to bring Pay by Bank to more markets in Europe.
Insurtech
Insurtech bolt launches boltAI for Agencies, a conversational and workflow AI agent that brings automation to property and casualty (P&C) insurance firms.
Crypto and DeFi
Coinbase introduces new business payment tools.
Crypto payments company MoonPay launches crypto commerce platform.
Lending
First Internet Bank goes live with Parlay Finance’s Loan Intelligence System.
Digital banking
Financial intelligence platform Monit announces expanded integration and partnership with digital banking solutions provider Q2 Holdings.
Photo by Alice Kotlyarenko on Unsplash