Credas and Finity Automate Right‑to‑work Checks for 150,000 UK Workers
Credas Technologies has teamed up with payroll software Finity to embed digital identity verification into the platform, automating right‑to‑work checks for more than 150,000 UK workers monthly. The integration promises to save roughly five hours of admin per 100 hires and reduce compliance exposure for large payroll bureaus.
Lido Advisors Appoints Ruben Lusinyants as CTO to Scale $42 B Wealth Platform
Lido Advisors announced the appointment of Ruben Lusinyants as chief technology officer, tasking him with building a scalable, cloud‑first wealth management platform for its $42 billion in assets under management. The move signals the firm’s push to deepen digital capabilities as...
Oracle Brings Agentic AI Platform to Corporate Banking
Oracle announced an expansion of its agentic AI platform for corporate banking, delivering pre‑built AI agents across credit, trade finance, treasury and lending workflows. The new tools automate data extraction, memo creation and risk assessment, enabling faster decision‑making without additional...
Upstart AI Lending Platform Posts 35% Revenue Surge and Targets $1.4B in 2026
Upstart Holdings posted a 35% year‑over‑year revenue increase in Q4 2025 and turned a $2.8 million loss into an $18.6 million profit. The AI‑driven lender also applied for a U.S. bank charter and projects $1.4 billion in revenue for 2026, signaling a potential...
Machine‑Ready Diversified Portfolios Across All Asset Classes
We can take any asset class in the world and build it into an asset allocation accessed by machines and built by machines Here is a project token, protocol tokens, USD equivalents, fixed income and equities It is out of...
Ally's Auto Credit Improves, Despite Tough Backdrop
Ally Financial reported a stronger first‑quarter auto‑loan portfolio despite higher gas prices and broader consumer affordability pressures. 60‑plus‑day delinquencies fell $10 million year‑over‑year to $842 million and net charge‑offs dropped $21 million to $424 million. Loan originations rose 13% to $11.5 billion, driving total revenue...
US Senator Asks for Binance Monitor Update Amid Scrutiny of Iran Sanctions
U.S. Senator Richard Blumenthal wrote to the Justice Department and FinCEN demanding an update on Binance’s compliance with the anti‑money‑laundering monitoring program imposed after its 2023 settlement. The settlement required Binance to pay $4.3 billion and subjected the exchange to strict...
Why MTN and Airtel Temporarily Suspended Airtime Lending in Nigeria
Nigeria’s two largest telecoms, MTN and Airtel, have temporarily halted their airtime‑and‑data credit services—MTN’s Xtratime and Airtel’s similar offering—to align with the Digital, Electronic, Online or Non‑Traditional Consumer Lending Regulations introduced by the FCCPC in 2025. The regulator clarified it...
Why Swift Is Pushing New Standards for Cross-Border Payments
Swift is introducing a new retail cross‑border payment framework that promises transparent fees, real‑time FX rates, and predictable processing times. The initiative, backed by more than 25 banks across 11 corridors, aims to give consumers the same experience they enjoy...
Zenskar Secures $15 Million Series A
Zenskar, an AI-native billing and revenue automation platform, announced a $15 million Series A financing round. The round was led by Susquehanna Venture Capital with participation from Bessemer Venture Partners, Shine Capital, Rho, Rocketship, J‑Ventures, Future Back Ventures, and Converge. The capital...
The IMF’s Warning to Banks: Share Data to Beat AI Fraud
The International Monetary Fund released a Technical Note at its 2026 Spring Meetings urging banks to break long‑standing data‑sharing taboos. It argues that fragmented transaction and threat data hampers AI‑driven fraud detection, and recommends collaborative exchange via APIs and ISO 20022...
CEO Interview: Payall
Payall’s CEO Gary Palmer defines the company’s market as financial institutions that originate, process, or receive cross‑border payments, including correspondent and intermediate banks. He notes that the total volume of such payments through banks is roughly $180 trillion, underscoring a massive...
SCB X Focuses on Tech as Conflict Drives up Costs
SCB X, the fintech arm of Siam Commercial Bank, has locked in low‑cost technology investments before the Middle East conflict drove up global prices for AI, cloud and data‑center services. CEO Arthid Nanthawithaya said the group will continue an AI‑first investment...
Kredete Partners with Visa Africa to Advance Stablecoin-Backed Card Innovation Across Africa and the Gulf Cooperation Council
Kredete was highlighted at Visa Africa Fintech Accelerator Cohort 5 Demo Day for launching Africa’s first stablecoin‑backed credit card, co‑developed with Visa. The USDC‑powered card lets users in 50 African countries spend at over 150 million merchants worldwide, eliminating high FX fees...
Payments Weekly: Top 5 Stories You Might Have Missed
PaySpace Magazine’s weekly roundup highlights five pivotal developments in payments. India’s central bank has tightened data‑localization rules, imposing a dual compliance burden on fintechs. Airwallex announced a card‑issuing service aimed squarely at Stripe’s physical‑payments business. Senator Elizabeth Warren publicly questioned...
Fifth Third Gets Mission Ready for Comerica Conversion
Fifth Third is gearing up to migrate roughly 500,000 Comerica retail customers to its platforms by Labor Day weekend, following its February acquisition that added about $294 billion in assets. The bank’s consumer‑digital chief, Pat Saad, likens the effort to a...
Figure Clashes With Short Seller Over Blockchain Lending Claims
Figure Technology Solutions, a $7.7 billion HELOC fintech, is locked in a public dispute with short‑seller Morpheus Research, which claims the company exaggerates its blockchain usage. Morpheus, holding short positions, labeled Figure a “risky home‑equity lender masquerading as a blockchain innovator”...
Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana
Singapore Gulf Bank (SGB) has launched an in‑bank stablecoin mint and redeem service that lets corporate and high‑net‑worth clients swap fiat for USDC on Solana directly within their SGB accounts. The offering supports transactions above $100,000 and is built into...
Ramp Is Telling Investors It Is About to Hit $1.4 Billion in Revenue a Year, as the Company Prepares to...
Fintech startup Ramp says it will hit a $1.4 billion annual recurring revenue run rate this quarter, up from the $1 billion announced in September. The company, which offers a corporate charge card and expense‑management software, reports a 70% year‑over‑year increase in...
Africa Runs on Digital Payments. Now It Must Build for Reliability
Africa’s digital payments ecosystem, driven by mobile‑money platforms, now processes over 80 billion transactions a year and is growing at roughly 35% annually. The continent’s digital economy is projected to reach $1.5 trillion by 2030, shifting focus from consumer adoption to enterprise‑grade...
Naira Volatility Cost His Family. He Built an FX Platform for Businesses.
Shalom Osiadi launched Esca Finance in 2023 to give African firms a hedge against volatile local currencies using stablecoins and crypto‑backed FX services. After pivoting from a food‑delivery platform, Esca now offers automatic conversion of naira, cedi and other emerging‑market...
Trustly Appoints Randy Kern as Group CTO to Accelerate Open Banking Platform Scaling
Trustly has named Randy Kern as Group Chief Technology Officer and Chantelle Zemba as Group Chief Legal Officer. The hires bring deep US market and product experience to the fast‑growing Open Banking specialist, positioning the company for accelerated growth across...
UAE and Saudi Arabia Push Tokenisation to Modernise GCC Real‑Estate Financing
The United Arab Emirates and Saudi Arabia are rolling out coordinated blockchain tokenisation programmes for real‑estate assets, backed by new licences from the UAE's Virtual Assets Regulatory Authority and a Saudi sandbox. The move seeks to unify property records, enable...
TradingView Makes CFI Codes Available to Its Users
TradingView has added ISO 10962 Classification of Financial Instruments (CFI) codes to its platform, covering equities, debt securities and collective investment vehicles. The six‑letter identifiers now appear on symbol pages, in the chart info panel, and as columns and filters in...
Interac, Kijiji Partner to Raise the Bar on Trust in Peer-to-Peer Commerce
Interac and Kijiji have teamed up to embed Interac Verified identity checks into Canada’s biggest peer‑to‑peer marketplace. The integration lets users confirm their identity via participating banks, with a document‑verification option slated for later this year. Kijiji, which hosts over...
Over 643,000 Borrowers Stuck in Student‑Loan Repayment Backlog Amid Trump‑Era Policy Shifts
A recent court filing reveals that more than 643,000 student‑loan borrowers are still waiting for decisions on income‑driven repayment or forgiveness applications. The backlog stems from legal challenges to the SAVE plan and policy reversals enacted during the Trump administration,...
India Needs a UPI Moment for Gold
India’s cultural love for gold drives massive imports, yet households hold a huge idle stock. The article proposes a UPI‑style digital infrastructure—Electronic Gold Receipts (EGRs)—to convert physical gold into instantly tradable, dematerialised assets. By linking refiners, fintech platforms and regulated...
Napier AI Names Top Markets for AI-Driven AML Compliance
Napier AI’s AI/AML Index 2025‑2026 spotlights the UK, US and France as the most advanced markets for AI‑driven anti‑money‑laundering compliance, while Hong Kong lags due to high upfront costs. Regulators in Europe, especially Germany and France, are issuing explicit guidance...
FinTech Funding Continues Strong Run with over $800m Raised This Week
FinTech activity remained robust this week with 22 deals raising a total of $806.2 million, a sharp drop from the previous week’s $2.17 billion surge driven by RegTech and CyberTech. WealthTech dominated, accounting for seven deals and delivering $505 million across two marquee...
Tether Becomes User‑Facing Wallet with Lightning Payments
Tether Shifts From "Plumbing" to "Interface": Capturing End-User Relationships Front-end financial interface via self-custodial wallet. Self-custody = users hold private keys, Tether has zero access. Optional cloud backup (controversial, crypto purists critical like Ledger Recover debate). Only filor 4 assets (USDT,...
FinTech Set to Hit $1.8T by 2034, Top Firms Soaring
The global FinTech industry is projected to reach $1.8 trillion in 2034. Up from $395B today (18% CAGR). Top 10 fastest growing FinTechs: • COIN +22% • RELY +26% • HOOD +27% • AFRM +30% • SOFI +37% • SE +38% • TIGR +42% • NU +45% • MELI +45% •...
Kulipa - The Card Layer Fintechs Need But Cannot Build Themselves
Kulipa, a B2B payment‑infrastructure startup, raised a $6.2 million seed round co‑led by Flourish Ventures and 1kx. The platform, launched in 2025, enables fintechs and crypto wallets to issue stablecoin‑backed cards without becoming licensed issuers, handling authorization, settlement, off‑ramps and compliance....
Tulupay Announces the Prelaunch of Its Pan African First Financial Operating System (FOS) for High Interoperability of Africa’s Financial Ecosystem
Tulupay, a pan‑African fintech backed by Estonia‑based Fintech Inclusion Holdings, announced the pre‑launch of its Financial Operating System (FOS), a unified API layer that connects traditional banks, mobile money, digital wallets, stablecoins, CBDCs and blockchain networks across Africa. The platform...
How EWA Improves Workers’ Lives
Earned wage access (EWA) lets workers tap wages they have already earned, offering an interest‑free, on‑demand alternative to traditional pay cycles. Industry data shows users understand fees, use the service responsibly, and experience higher take‑home pay without added overdraft costs....
India Fintechs Scramble for Access to Anthropic Mythos
Indian fintechs including One97 Communications, Razorpay and Pine Labs are lobbying Anthropic for early access to its restricted AI model Mythos, which can identify software flaws far beyond human experts. Anthropic has kept Mythos under wraps, deeming it too dangerous...
CaixaBank Launches GlobalView Wealth Aggregator
CaixaBank has introduced GlobalView, a wealth‑position aggregator that consolidates holdings from over 600 financial institutions across 33 countries. Developed with fintech firm Flanks, the service automatically pulls and standardises data, then feeds it into the bank’s GPS platform powered by...
Alpaca, Wallace Finance Partner to Launch Direct Indexing and ETFs Platform for Retail Investors
Wallace Finance has teamed with Alpaca to launch a retail‑focused platform that offers AI‑driven direct indexing and fully customizable ETFs. The service lets everyday investors modify index constituents, adjust weightings, or build original strategies using plain‑language prompts. Alpaca’s Broker API...
![[Targeted] PayPal: Earn Up To $50-$300 For Receiving Direct Deposits](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://www.doctorofcredit.com/wp-content/uploads/2020/06/paypal-deal-1.png)
[Targeted] PayPal: Earn Up To $50-$300 For Receiving Direct Deposits
PayPal is running a limited‑time promotion that pays users for receiving direct deposits into their PayPal balance. The original offer promised up to $300 for $500 increments, but on April 17, 2026 it was revised to $5 per $500, capped...
Why the Future of Cross-Border Payments Will Be Built Through Partnership
Cross‑border payments in Canada are growing as SMEs and consumers demand faster, cheaper, and more transparent international transfers. Legacy correspondent‑banking networks cause hidden fees, delays, and manual interventions, prompting 70% of loyal bank customers to consider switching providers over friction....
Iris Founder Talks AI-Powered Finance
In this episode, Eric Bandholz chats with Drew, founder and CEO of Iris Finance, about how AI agents are reshaping e‑commerce finance and operations. Drew explains Iris’s data‑infrastructure platform that centralizes information from Shopify, Amazon, Walmart, QuickBooks and more, then...
Digital Banks Lead Rankings, but Trust Stays with Traditional Banks
🇵🇭Digital banks top Forbes ranking, but giants still most trusted: #Philippines' digital-native #MariBank and @GoTymeBank have seized the top spots in the 2026 World’s Best Banks ranking compiled by Forbes and Statista, yet the study revealed that traditional #banks still hold...
Agentic Payments at $10k/Day, Poised for Explosive Growth
Real daily volume of Agentic Payments $10k/day Growing fast. Unlimited potential. But we're still SUPER early. I think that changes when the Anthropic and OpenAI have to hit profit post IPO.
PayPoint and Handepay Hit £100m Business Lending Milestone Following Record Year
PayPoint and Handepay have crossed the £100 million ($127 million) mark in total business financing delivered to UK merchants, following a record‑breaking year. In the 2025/26 financial year they funded £33 million ($42 million), a 39% increase over the prior year’s £23 million ($29 million). The...
We Must Digitally Sign Everything for True Identity
No one is listening to Steve Jobs’s advice https://t.co/j1lR6Oe33R No one is listening to my advice either, but let's hope they listen to Jamie... "We don’t have good identity tools for people, let alone artificial intelligence. So we need to start digitally...
Internet Rebuilding: Salesforce Goes Headless, Stripe Expands Agent‑First Services
The internet is being rebuilt right before our eyes. Salesforce went headless yesterday. Today, Stripe added more services to their agent-first provisioning https://t.co/XDnpBEZ0mA thing.
Zenskar Raises $15 Million Series A to Expand Agentic Capabilities for B2B Revenue Automation
Zenskar announced a $15 million Series A round led by Susquehanna Venture Capital, Bessemer Venture Partners, Shine Capital and Rho. The funding will accelerate its agentic capabilities, especially the Agents Marketplace that lets finance teams deploy AI‑driven billing agents without engineering effort....
New Activist Targets PayPal, SG May Swap Buyer
Paypal $PYPL -- Big call out of Gordon Haskett (Bilson) saying they believe there is a new big activist in Paypal $PYPL Paypal has caught our attention and we see some signs in the Q1...
FinTechs Win: Cloud‑Native, AI‑Ready Agility Beats Banks
Traditional banks face a technical and cultural agility challenge. FinTechs thrive because they’re cloud-native, AI-ready, and innovation-ready. https://t.co/oJYdm8EXun
Payments Industry Launches $1M ‘Credit Card Chaos’ Campaign to Repeal Illinois Interchange Fee Ban
A coalition of banks, credit unions and card networks has rolled out a seven‑figure advertising push to force Illinois lawmakers to repeal the state’s Interchange Fee Prohibition Act. The group warns the law could cripple credit‑card processing for sales‑tax and...
Consumers Are Putting More Financial Decisions in AI’s Hands
A new Plaid study shows more than half of U.S. consumers relied on AI tools to manage their money in the past year, and a similar share believes manual financial management will soon feel outdated. Younger users lead the shift,...