July 19, 2026
Digital euro pilot selection just handed RS2 Financial Services a front-row seat inside Europe's central bank payment experiment. The BaFin-supervised electronic money institution, operating under its Beyond by RS2 brand, will serve as an acquiring payment service provider in the Eurosystem programme. That role moves the whole project from technical preparation into practical validation. In
July 17, 2026
Velocity stablecoin infrastructure just drew money from a bank. Velocity, a London-based stablecoin treasury and settlement platform founded in May 2025, has raised a $38 million Series A co-led by Dragonfly and FirstMark. The participant list is the story. Activant Capital, QED Investors, Wintermute Ventures, Coinbase Ventures, and Ripple sit alongside Capital One Ventures, the
July 16, 2026
Cover Genius has raised $100 million backed by Vista Credit Partners, taking its valuation to $1.9 billion. The detail worth pausing on is who wrote the cheque. Vista Credit Partners is the credit investment arm of Vista Equity Partners, not a venture fund, and it describes itself as a strategic financing partner focused on enterprise
July 16, 2026
CSI Qolo is a deal about what community banks cannot build themselves. CSI, the core banking technology vendor that has spent recent years buying its way into a fuller product stack, has acquired Qolo, a payments infrastructure company that builds real-time ledgers, multi-rail payment orchestration, and card issuing for banks and fintechs. Terms were not
July 15, 2026
Greenlight credit union partnerships have crossed a threshold worth reading closely. Greenlight, the family money and safety app, says it has signed more than 100 credit union partners through its Greenlight for Credit Unions program, run out of Greenlight Financial CUSO, the credit union service organization it set up in 2023 specifically to build these
July 14, 2026
BitGo quantum risk tooling is now live for institutional Bitcoin wallets. BitGo has rolled out new quantum-risk management capabilities, aimed at helping custody clients assess and reduce exposure tied to UTXO-based wallet structures before quantum computing becomes a practical threat rather than a theoretical one. The release adds four concrete pieces. A UTXO Selection Method
July 13, 2026
Citi 24/7 USD Clearing has its first live bank client. The Siam Commercial Bank has become the first financial institution client globally to go live on Citi's integrated 24/7 USD Clearing paired with Citi Token Services, enabling near-instant cross-border USD payments for corporate and institutional clients at any hour, any day of the year. The
July 13, 2026
Klarna Germany facility is the company's first forward flow and warehouse financing deal in the country. Klarna has established a 900 million euro facility that it says will support up to 5 billion euros of Fair Financing originations there over the life of the program. Under the two-year agreement, Klarna sold a portfolio of existing
July 10, 2026
Amplify Goldman Sachs custody is a bet about what independent advisors really want. Amplify, a platform built around what it calls an AI-native data lake for registered investment advisors, launched its Custody Command Layer this week, integrated directly with Goldman Sachs Custody Solutions. The pitch is same-day account opening, real-time data, and no reconciliation, aimed
July 10, 2026
Account takeover confidence at financial firms sits far above the evidence supporting it. Secret Double Octopus, a passwordless authentication vendor, published its 2026 State of Identity Security in Financial Organizations report this week, based on a survey of 200 identity and access management leaders at US and Canadian financial services firms. The topline is a
July 10, 2026
Depa Finance stablecoin infrastructure now has a new backbone. Depa, a payments provider that sits between traditional banking rails and digital assets, has selected Modern Treasury to power its cross-border payments across both US dollar rails and stablecoins. Depa says it settles payments in more than 200 countries with round-the-clock availability, processes upward of 14,000
July 10, 2026
US fintech companies raised $16 billion across 445 deals in Q2 2026. That is the strongest quarter for fintech funding in five quarters, up 44% from Q1, and it happened without a broad recovery in deal volume, which rose just 4%. The money didn't spread out. It concentrated. That single fact is the story of
