Know What's Happening in FinTech

Koho Close to Securing Banking Licence, Hopes to Launch Telco Product, CEO Says
NewsMay 6, 2026

Koho Close to Securing Banking Licence, Hopes to Launch Telco Product, CEO Says

Koho Financial, the Toronto‑based fintech with over 2.5 million users, is on the brink of securing a Schedule 1 banking licence after raising CAD 190 million (≈US 140 million) in equity and debt. The company reports more than CAD 200 million in revenue and has turned down two...

By BetaKit (Canada)
Old Glory Replaces Mercury for Easy LLC Banking
SocialMay 6, 2026

Old Glory Replaces Mercury for Easy LLC Banking

Mercury used to be the go-to but their onboarding has gotten harder. Old Glory is the current recommendation for LLC business banking. No affiliate link, no partnership, just consistently easy to work with. Most people are getting accounts there without...

By Jake Claver
Automated Financial Systems Appoints New CRO, COO and BI Chief to Drive AI Growth
NewsMay 6, 2026

Automated Financial Systems Appoints New CRO, COO and BI Chief to Drive AI Growth

Automated Financial Systems (AFS) announced three senior hires—Kevin Ryan as chief revenue officer, Amanda Hinski as chief operating officer and Janice Kwan as chief business intelligence officer. The appointments aim to accelerate AI‑enabled product expansion, deepen bank partnerships and sharpen...

By Pulse
Deutsche Bank Appoints Marie‑Jeanne Deverdun as Chief Technology, Data and Innovation Officer
NewsMay 6, 2026

Deutsche Bank Appoints Marie‑Jeanne Deverdun as Chief Technology, Data and Innovation Officer

Deutsche Bank has placed Marie‑Jeanne Deverdun on its executive board as Chief Technology, Data and Innovation Officer. The appointment consolidates oversight of the bank’s technology, data and innovation functions under a single leader, signaling a strategic shift toward integrated digital...

By Pulse
Payments Startup Fun Raises $72M Series A to Expand Global Blockchain Layer
NewsMay 6, 2026

Payments Startup Fun Raises $72M Series A to Expand Global Blockchain Layer

FinTech startup Fun announced a $72 million Series A led by Multicoin Capital and SignalFire, bringing its blockchain‑enabled payments infrastructure out of stealth. The funding will fuel engineering, a Singapore office and selective acquisitions as the company seeks to grow its...

By Pulse
DTCC's Tokenization Platform Gains 50+ Firms, Pilot in July, Full Launch Oct 2026
NewsMay 6, 2026

DTCC's Tokenization Platform Gains 50+ Firms, Pilot in July, Full Launch Oct 2026

The Depository Trust & Clearing Corporation announced that its tokenization platform, built by the Depository Trust Company, will start limited production trading in July 2026 and roll out fully in October 2026. More than 50 traditional‑finance and crypto firms have...

By Pulse
Visa Canada and RemitBee Team to Simplify Cross-Border Payments
NewsMay 6, 2026

Visa Canada and RemitBee Team to Simplify Cross-Border Payments

Visa Canada has partnered with Canadian fintech RemitBee to embed Visa Direct into the remittance platform, enabling real‑time payouts to bank accounts, digital wallets and Visa cards in more than 190 countries and 150 currencies. The integration gives credit unions...

By PYMNTS
Vertex and Brinta: Advancing AI-Driven E‑Invoicing Across Latin America
NewsMay 6, 2026

Vertex and Brinta: Advancing AI-Driven E‑Invoicing Across Latin America

Vertex announced the acquisition of Brinta, an AI‑native e‑invoicing provider focused on Latin America. The deal expands Vertex’s real‑time compliance capabilities, adding AI‑driven onboarding, data extraction and product classification. Brinta’s technology, built for the region’s complex tax environment, enables multinational...

By Vertex
Banks Are Building the Trust Layer AI Can’t Break
NewsMay 6, 2026

Banks Are Building the Trust Layer AI Can’t Break

Banks, payment firms and digital platforms are moving from siloed KYC/KYB checkpoints to an “ID supply chain” model that spreads identity verification, risk signals and data across multiple participants. The shift is driven by AI agents, automated bots and embedded...

By PYMNTS
PhonePe AI Agent Cuts Payment Gateway Integration to Minutes
NewsMay 6, 2026

PhonePe AI Agent Cuts Payment Gateway Integration to Minutes

PhonePe unveiled an AI‑powered integration agent that lets merchants connect its payment gateway through a conversational interface, cutting setup time from weeks to minutes. The tool is aimed at small‑ and medium‑sized businesses that lack in‑house developers, allowing them to...

By PYMNTS
Rakuten: Earn $100 with New SoFi Invest Account
BlogMay 6, 2026

Rakuten: Earn $100 with New SoFi Invest Account

Rakuten has raised its promotion for SoFi Active Invest, granting a $100 cash‑back bonus to new account holders who fund the account with at least $100 within 45 days. The reward is issued by Rakuten, not SoFi, and is deposited...

By Miles to Memories
Google Cloud and Solana Streamline AI Agent Payments
NewsMay 6, 2026

Google Cloud and Solana Streamline AI Agent Payments

Google Cloud and Solana have launched Pay.sh, a gateway that lets autonomous AI agents make real‑time payments using Solana wallets and stablecoins. The platform removes traditional onboarding steps—authentication, account creation, and subscription management—by exposing enterprise‑grade APIs directly to agents. Pay.sh...

By Payments Journal
FCA Probe Into Mastercard, PayPal and Visa Puts Digital Wallet Competition Risk in Focus
NewsMay 6, 2026

FCA Probe Into Mastercard, PayPal and Visa Puts Digital Wallet Competition Risk in Focus

The UK Financial Conduct Authority has opened a competition‑law investigation into Mastercard, PayPal and Visa over the funding and usage rules of PayPal’s digital wallet. The probe, launched under Chapter I and Chapter II of the Competition Act 1998, is still at...

By Finance Monthly
Former Newrez CIO Takes Same Position at Union Home Mortgage
NewsMay 6, 2026

Former Newrez CIO Takes Same Position at Union Home Mortgage

Union Home Mortgage announced the appointment of Dino Lack as its new chief information officer. Lack brings 21 years of mortgage‑technology experience, previously serving as CIO at Newrez and senior product roles at Caliber Home Loans and LoanDepot. He will...

By National Mortgage News
OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand
NewsMay 6, 2026

OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand

OpenTrade, a UK‑based stablecoin infrastructure platform, closed a $17 million strategic round, bringing its total capital raised to over $30 million. The funding, led by Mercury Fund and Notion Capital with participation from a16z crypto, AlbionVC and CMCC Global, gives the firm...

By PYMNTS
Disneyland Testing Move Toward a Cashless Park
NewsMay 6, 2026

Disneyland Testing Move Toward a Cashless Park

Disneyland has begun a pilot that makes more than a quarter of its outdoor vending carts cashless, accepting only credit cards, Disney gift cards or mobile wallets. The shift targets pre‑packaged items like ice cream, while fresh‑food stalls still take...

By Payments Journal
Who Is Manoj Kohli, Former Bharti Airtel Executive Onboarded to Fintech Alt DRX’s Advisory Board?
NewsMay 6, 2026

Who Is Manoj Kohli, Former Bharti Airtel Executive Onboarded to Fintech Alt DRX’s Advisory Board?

Manoj Kohli, former MD and CEO of Bharti Airtel, has joined the advisory board of Alt DRX, India’s first tokenised digital‑real‑estate marketplace. Alt DRX, licensed by the Qatar Financial Centre and seeking IFSCA approval, reports an annual recurring revenue of roughly ₹35 crore (about $4.2 million)...

By Mint (LiveMint) – Companies
Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators
NewsMay 6, 2026

Bermuda Pushes Stablecoin Payments with USDC Airdrop as It Courts Crypto Firms, Regulators

Bermuda is expanding its on‑chain economy by airdropping USDC to residents and onboarding merchants to accept stablecoin payments. Premier David Burt announced the initiative at Consensus Miami, emphasizing lower transaction costs and greater financial inclusion for small businesses. The program...

By CoinDesk
RiFD Partners with Kingsbury to Scale Securitisation Infrastructure in Saudi Arabia
NewsMay 6, 2026

RiFD Partners with Kingsbury to Scale Securitisation Infrastructure in Saudi Arabia

Saudi fintech RiFD has teamed up with UK‑based Kingsbury & Partners to scale securitisation infrastructure in the Kingdom. RiFD will supply its technology‑driven “securitisation‑as‑a‑service” platform, while Kingsbury contributes global structuring and execution expertise. The joint offering targets asset classes such...

By Wamda
AvidXchange Expands Embedded Payments Strategy with Ministry Brands Integration
NewsMay 6, 2026

AvidXchange Expands Embedded Payments Strategy with Ministry Brands Integration

AvidXchange has launched embedded payments within Ministry Brands’ accounting platform, which serves more than 90,000 churches and nonprofit organizations. The integration embeds the full accounts‑payable lifecycle—invoice capture, approval, and payment—directly into the existing software, eliminating the need for separate tools....

By ERP News
Retail Investors Secure 13 Lots in OnEMI IPO
SocialMay 6, 2026

Retail Investors Secure 13 Lots in OnEMI IPO

OnEMI Technology IPO (Kissht) Allotment Out .. Link for Check👇 https://ipostatus.kfintech.com 13 lots Retail Application got 356-357 shares as i mentioned in video. https://youtu.be/J5769vjRdPY #stockmarket #ipo #ipoalert

By Yogesh Mantri
Solana Enables Full Equity Tokenization After Securitize‑Jump‑Jupiter Deal
SocialMay 6, 2026

Solana Enables Full Equity Tokenization After Securitize‑Jump‑Jupiter Deal

Along with the Securitize + Jump + Jupiter news, there is now a clear path to get all equities tokenized natively on Solana Amazing

By Kyle Samani
Your Loan Officers Can’t Sell What They Can’t See | Non-Agency Lending’s Execution Gap
PodcastMay 6, 202613 min

Your Loan Officers Can’t Sell What They Can’t See | Non-Agency Lending’s Execution Gap

In this episode, host and guest Eloise Schmitz, CEO and co‑founder of Lonex, discuss why execution certainty—not just access—to non‑agency (non‑QM) mortgage products is the true competitive edge. They highlight how loan officers often lack visibility into the full range...

By Fintech Hunting
Democrats Block Bill, Paving Way for Digital Dollar
SocialMay 6, 2026

Democrats Block Bill, Paving Way for Digital Dollar

Senate Democrats just blocked the bill that would’ve stopped the Fed from creating a CBDC. Read between the lines... They WANT a government-controlled digital dollar. Every transaction tracked. Every purchase monitored. Less financial freedom. https://t.co/8IBwE1aOwz

By Wendy O
Liability Requires Proving Developer Knew Intended Use
SocialMay 6, 2026

Liability Requires Proving Developer Knew Intended Use

Can you hold software/DeFi developers liable for product defects? "You have to determine that the software developer knew it was going to be used like that." -- @kkirkbos 💥 https://t.co/6bvQAYco0w

By Laura Shin
Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules
NewsMay 6, 2026

Kevin O’Leary Says Wall Street’s Tokenization Boom Is All Talk without Crypto Rules

Kevin O’Leary told investors at the Consensus conference in Miami that Wall Street’s token‑ization hype will stall until Congress enacts comprehensive digital‑asset regulations. He highlighted the GENIUS Act’s rapid stablecoin adoption as proof that clear rules unlock institutional participation. O’Leary...

By CoinDesk
AI Agents Will Trade Using Programmable Stablecoins, Not Visa
SocialMay 6, 2026

AI Agents Will Trade Using Programmable Stablecoins, Not Visa

When AI agents need to transact with each other, they won't use Visa They'll use programmable money Stablecoins. Smart contracts. Instant settlement. Robot money for robot economies We're building the financial system for machines, not just humans

By Lex Sokolin
Robinhood Offers Seniors Early Dividend Payouts via Gold
SocialMay 6, 2026

Robinhood Offers Seniors Early Dividend Payouts via Gold

Robinhood's version of "get your paycheck early" for seniors. if you're a retiree and rely on dividends for your income, well, robinhood now gives them to you 1 month early... gated behind gold subscription.

By Rex Salisbury
48% of Banks Report Better Customer Experience via Real‑Time Payments
NewsMay 6, 2026

48% of Banks Report Better Customer Experience via Real‑Time Payments

A new PYMNTS Intelligence study shows that 48% of banks and credit unions report an improved customer experience after adopting real‑time payments. The finding underscores how instant‑payment rails are becoming a strategic asset, not just a speed upgrade.

By Pulse
USYC Becomes World’s Biggest Tokenized Money Market Fund
SocialMay 6, 2026

USYC Becomes World’s Biggest Tokenized Money Market Fund

Circle's USYC is the largest tokenized money market fund in the world, now over $3B in AUM.

By Jeremy Allaire
Public Acquires Investing Education Startup in Fintech M&A
SocialMay 6, 2026

Public Acquires Investing Education Startup in Fintech M&A

Love to see it: More big fintech M&A from @Public, acquiring an investing education startup. https://t.co/ea217OjQp0

By Nik Milanovic
Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback
NewsMay 6, 2026

Fasset and Tether Unveil Gold‑Backed Visa Card with 6% Cashback

Fintech platform Fasset and stablecoin issuer Tether have introduced a Visa‑network neobank card that pays up to 6% cashback in XAU₮, Tether’s gold‑backed digital asset. Tether is allocating up to $1 million in XAU₮ to fund the rewards program, signaling a...

By Pulse
Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities
NewsMay 6, 2026

Securitize Gains FINRA Approval, Launches Fully On‑Chain Regulated Trading for Tokenized Equities

Securitize received expanded FINRA approval for its broker‑dealer subsidiary and, together with Jump Trading and Jupiter, launched a fully on‑chain, regulated market for tokenized equities. The move consolidates custody, settlement and liquidity under a single regulated framework, aiming to accelerate...

By Pulse
DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security
NewsMay 6, 2026

DeFi Protocol Kelp DAO Pivots to Chainlink CCIP for Stronger Cross-Chain Security

Kelp DAO announced it will replace LayerZero with Chainlink’s Cross‑Chain Interoperability Protocol (CCIP) as the backbone for its rsETH bridge. The move follows an April 18 exploit that drained about 116,500 rsETH, roughly $292 million, highlighting vulnerabilities in LayerZero’s messaging layer. CCIP’s...

By Crowdfund Insider
Paytm Reports Rs 2,264 Cr Revenue and Rs 183 Cr Profit in Q4 FY26
NewsMay 6, 2026

Paytm Reports Rs 2,264 Cr Revenue and Rs 183 Cr Profit in Q4 FY26

Paytm (One97 Communications) posted Q4 FY26 revenue of ₹2,264 cr ($273 m), an 18% year‑on‑year increase, and turned a profit of ₹183 cr ($22 m) after a loss in the same quarter last year. Full‑year FY26 revenue rose 22% to ₹8,437 cr ($1.02 bn) and the...

By Entrackr
Market for Agentic Commerce Keeps Growing, Outpacing Rails
NewsMay 6, 2026

Market for Agentic Commerce Keeps Growing, Outpacing Rails

The global agentic commerce market, valued at $5.71 billion in 2025, is forecast to surge to $65.5 billion by 2033, driven by a rapid rise in digital‑wallet users projected to top 6 billion by 2032. Ant International has launched an open‑source Agentic Mobile...

By Biometric Update
Branch Launches TipCalc to Automate Tip Pooling and Cashless Payouts for Restaurants and Reduce Errors at Close
NewsMay 6, 2026

Branch Launches TipCalc to Automate Tip Pooling and Cashless Payouts for Restaurants and Reduce Errors at Close

Branch, a workforce‑financial platform, launched TipCalc, an automated tip‑pooling and cashless payout tool for restaurants. The solution pulls real‑time data from point‑of‑sale systems, applies custom sharing rules, and distributes tips nightly to workers’ Branch accounts. By replacing manual spreadsheets, TipCalc...

By Restaurant Technology News
Solana Outperforms Ethereum in On‑chain Capital Markets
SocialMay 6, 2026

Solana Outperforms Ethereum in On‑chain Capital Markets

Solana leads in performance for on-chain Capital Markets, even though Ethereum has x8 more RWA tokenized assets. Investing in the Tokenization Megatrend https://t.co/f9xh0mGAj1 https://t.co/JSQKfFtva9

By Efi Pylarinou
Clover Remains a Bright Spot for Fiserv
NewsMay 6, 2026

Clover Remains a Bright Spot for Fiserv

Clover, Fiserv's point‑of‑sale platform, posted a 12% year‑over‑year rise in gross payment volume in Q1 2026, even as its revenue fell 9% due to weaker hardware and data‑analytics sales. The company introduced two new verticals—health‑care practices and professional services—responding to...

By Digital Transactions
As Anthropic Deepens Its Push Into Finance, RIA Execs Draw Lines on AI Use
NewsMay 6, 2026

As Anthropic Deepens Its Push Into Finance, RIA Execs Draw Lines on AI Use

Anthropic released ten finance‑focused AI agent templates that automate tasks such as pitch‑deck creation and compliance screening. Advisors like Andrew Altfest and Brian Green acknowledge the efficiency boost but stress that human judgment is essential for nuanced, emotional client decisions....

By InvestmentNews – ETFs
CFTC Chair Michael Selig Signals Push for Formal Regulations Clarifying Broker Registration for Software Developers
NewsMay 6, 2026

CFTC Chair Michael Selig Signals Push for Formal Regulations Clarifying Broker Registration for Software Developers

The CFTC announced plans to issue formal rules clarifying when developers of non‑custodial software must register as brokers or associated persons. The move follows a 2026 no‑action letter to Phantom Technologies, which exempted the popular self‑custodial wallet under strict conditions....

By Crowdfund Insider
YC Seeks Fintech Innovators at NYC Live Pitch Event
SocialMay 6, 2026

YC Seeks Fintech Innovators at NYC Live Pitch Event

YC is coming to NYC on May 21! Calling all fintech builders. We're hosting live interviews for the S26 batch. We're interested in tokenization, stablecoins, prediction markets, AI trading, and more. Come pitch us the future of finance. Apply at https://t.co/9hUZ0buEiU https://t.co/z1qZFOJIxj

By YCombinator
Denmark’s Central Bank Picks Tieto for Document Management
NewsMay 6, 2026

Denmark’s Central Bank Picks Tieto for Document Management

Denmark’s central bank, Danmarks Nationalbank, has chosen Nordic IT firm Tieto to deliver an Electronic Case and Document Management System (ECDMS) built on the SaaS‑based Public 360° platform. The solution will automate case handling, document storage, and workflow governance while...

By Fintech Global
Fiserv Moves Through ‘Transition Year’
NewsMay 6, 2026

Fiserv Moves Through ‘Transition Year’

Fiserv announced a wave of senior hires, including a COO for merchant solutions and a CRO for its Clover POS unit, as part of a “transition year” aimed at reversing low single‑digit revenue growth. The company also closed two offices,...

By Payments Dive
With Worldpay Onboard, Global Payments Focuses on Its Genius POS Tech
NewsMay 6, 2026

With Worldpay Onboard, Global Payments Focuses on Its Genius POS Tech

Global Payments has shifted from building its Genius point‑of‑sale platform to monetizing it, part of a $1 billion technology program launched last year. The suite now spans restaurants, retail, enterprise and a new mobile version that attracted 500 merchants in under...

By Digital Transactions
Lightspark Delivers Best‑in‑class Docs for One‑shot Integrations
SocialMay 6, 2026

Lightspark Delivers Best‑in‑class Docs for One‑shot Integrations

At @lightspark, we obsess over documentation, and we 2x obsess over making it best-in-class for agentic-driven implementation. We aim to enable one-shot integrations. Here’s a good example for global realtime payouts: https://t.co/geQ30Nt8Lg

By David Marcus
IRA Financial Unifies Alts and Stocks in One Retirement Account
NewsMay 6, 2026

IRA Financial Unifies Alts and Stocks in One Retirement Account

IRA Financial has introduced a unified retirement platform that lets investors trade both traditional securities and alternative assets within a single self‑directed IRA for a flat fee. The service, built on Interactive Brokers’ infrastructure, supports stocks, ETFs, options, bonds, currencies,...

By Fintech Global
KAST Launches Stablecoin Cashback for Card Users
NewsMay 6, 2026

KAST Launches Stablecoin Cashback for Card Users

KAST, a stablecoin‑powered fintech platform, has introduced USD‑stablecoin cashback for its card users, replacing traditional point rewards with direct, spendable value. The program features three membership tiers: Standard (1.5% cashback on up to $2,000 monthly spend, no fee), Premium (2%...

By Fintech Global
Arcium Ecosystem Surpasses $7.5m with Bench and Crafts
NewsMay 6, 2026

Arcium Ecosystem Surpasses $7.5m with Bench and Crafts

Arcium, an encrypted supercomputer on Solana, announced two flagship apps—Bench and Crafts—while its ecosystem raised over $7.5 million from more than a dozen teams. Bench introduces the first digital‑asset opportunity market, attracting over 4,000 users in its first week on Devnet....

By Fintech Global