Making headlines this December morning is the launch of Sam Altman’s World, a self-proclaimed “super app” that offers crypto payments and encrypted chat functionality. Check out other fintech headlines as they break throughout the week below. We’ll continue to add more announcements as the week progresses.
Core banking and digital transformation
British Caribbean Bank goes live with Finastra Essence to transform core banking.
Capital Bank advances digital transformation with Diebold Nixdorf’s multivendor self-service software.
Thread raises $30.5 million to continue building the future of embedded banking.
Payments
YouTube launches option for US creators to receive stablecoin payouts through PayPal.
Maxio launches Maxio MCP to accelerate AI-forward finance with governed access to billing and revenue data.
Nayax partners with Unipaas to launch integrated card-present payments solution for UK SaaS platforms.
AI
Arcesium unveils new suite of AI features in Aquata to help institutional investors scale their AI strategies.
Crypto
Sam Altman’s World launches its “super app” that includes crypto pay and encrypted chat features.
Intiuit and Circle partner to enable USDC capabilities for faster, lower-cost, and global financial experiences across Intuit TurboTax, QuickBooks, and Credit Karma.
Business Solutions
Payroll, HR, and tax compliance solutions Greenshades Software to embed OnePay’s financial wellness tools right inside its platform.
Basware acquires Australian provider of Accounts Payable (AP) automation software Redmap.
Lending
The MANTL–Alloy partnership surpasses 2 million processed applications.
U.S. Bank Avvance expands embedded financing network with three new partners.
Photo by Cristina Glebova on Unsplash