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After a thrilling weekend of World Cup matches, fans in the US are readying for this evening’s big contest against Belgium. To help you while away the hours until then, here’s a look at some of the top fintech headlines that are coming across our radar today. Be sure to check back with Finovate’s Fintech Rundown all week long for the latest updates.
Digital banking
Cloud-native core banking and payments platform Thought Machine surpasses $100 million total revenue milestone.
Digital banking platform for small businesses Bluevine expands its services to selected foreign-resident owners of US businesses.
Agentic AI
BBVA completes its first AI agent-initiated transaction on behalf of a cardholder.
Caixabank initiates its first agentic shopping transaction.
Stablecoins
Standard Chartered launches new capability enabling institutional clients to access USDC minting and redemption.
Payments
PayPal joins the European Payments Council (EPC).
Investing and wealth management
SoFi acquires AI-based investing startup Composer.
Nigerian-founded financial services fintech LemFi secured regulatory approval to acquire investment platform Wealth8.
Identity and authentication
Signicat and TrustTech team up to introduce reusable identity to European digital wallets.
Visa unveils threat intelligence platform to bolster cyber and fraud defense.
Photo by Fauzan Saari on Unsplash
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