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Industry news

Atomic secures further $30m to grow embedded investing platform

US-based Atomic will use the funding to scale its investing platform across banks, insurers, fintechs, and consumer brands.

Liberis and Elavon team up to launch ‘Quick Capital’ for US small businesses

Liberis has formed a new partnership with Elavon to launch Quick Capital, a funding solution for small businesses in the US.

Frollo: Report finds growing momentum behind Open Banking in Australia

Most industry participants are optimistic about the future, according to Frollo’s The State of Open Banking 2025 report.

Zum Rails and Mastercard partner to offer prepaid card programs in Canada

Zum Rails offers prepaid card programs in Canada with Mastercard

Businesses will be able to brand the prepaid cards and reload them instantly via Zum Rails’ existing payment infrastructure.

Prospera CU rolls out Interac verification service in partnership with Caspian One

As a result of the initiative, which leverages Caspian One’s Open Data ecosystem, Prospera’s members will be able to verify their identity using their existing online banking credentials.

Mastercard and Alloy team up to launch onboarding solution in fight against fraud

The Alloy 2025 State of Fraud Report revealed that 60% of FIs and fintechs reported an increase in fraud rates in 2024.

UK fintech tell.money supports Andaria’s European Verification of Payee rollout

Embedded finance provider Andaria implemented Confirmation of Payee in the UK in 2024.

Web3 lifestyle app SyFu partners with Salt Edge

Web3 lifestyle app SyFu partners with Salt Edge to integrate card payment data

Through the partnership, users of SyFu will be able to turn “real-world” spending into digital assets.

Wio Bank launches direct integration with Xero

Wio Bank works with Xero to simplify accounting for UAE businesses

Wio Bank called its direct integration with Xero “a new benchmark in financial connectivity in the UAE”.

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