Nu Mexico, a subsidiary of Nubank, announced today the approval of its banking license by the National Banking and Securities Commission (CNBV). With this milestone, Nu has become the first Popular Financial Society (SOFIPO) to obtain approval to transform into a bank, opening the path to increased competition in the Mexican financial sector.

Tickmill Ltd is streamlining its onboarding processes with Sumsub’s advanced verification technology, empowering new traders with smooth access to global financial markets.

When people think of SoftPOS (Software Point-of-Sale), they tend to associate it with mobile phones accepting payments — which was its original purpose. But SoftPOS is capable of much more. It’s a strong contender to replace traditional payment terminals entirely, from kiosks to self-checkouts and EPOS systems. The catch? The infrastructure isn’t fully ready.

RiseUp, the AI-driven financial insights tool, has partnered with European open banking infrastructure provider Yapily to help RiseUp customers turn insights into action by enabling fast and seamless payments between accounts.

iA Financial Group, a leading Canadian insurance and wealth management provider, serves over five million clients and manages close to $260 billion in assets.

Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced its $52 million Series C funding round today from its new office in Manhattan, New York. This significant milestone further accelerates Alpaca’s global expansion and development of its industry-leading product offerings.

International payments processor, DECTA, has struck a strategic partnership with the payment orchestration platform, Paysecure, which will see DECTA’s merchant base benefit from a range of enhanced payment capabilities.

Apiture, a leading provider of digital banking solutions, today announced that Ouray, Colo.-based 

Metro Bank is partnering with the charity Victim Support to provide an independent support service for its customers who have been a victim of fraud. Victim Support’s team of dedicated fraud case workers offer free, confidential and personalised support to help victims manage the impact of the fraud and help to ensure they feel more able to spot fraud in the future.

PayPal Holdings, Inc. and Coinbase Global, Inc. today announced an expansion of their partnership to increase the adoption, distribution, and utilization of the PayPal USD (PYUSD) stablecoin. This collaboration will provide value for consumers, enterprises, and institutions as they continue to utilize digital currencies across platforms and borders with the stability of regulated USD-denominated crypto-native assets.