rewrite this title Fintech Rundown: A Rapid Review of Weekly News – Finovate

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.

Coinbase launches the Coinbase One credit card.

CellPoint Digital launches One Source Orchestration, a payment optimization platform that meets the demand of OOSD retailing models.

Salt Edge and Sola partner to power instant payments across Europe.

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.

Appli reaches one-year milestone with 10 credit union partners.

Digital banking

Financial intelligence platform Monit announces expanded integration and partnership with digital banking solutions provider Q2 Holdings.

YouTube star MrBeast files trademark indicating a planned move to expand into finance.

Photo by Alice Kotlyarenko on Unsplash

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