Today Ripple, the leading provider of digital asset infrastructure for financial institutions, announced it has selected The Bank of New York Mellon Corporation , a global financial services company, for the primary custody of Ripple USD (RLUSD) reserves.

Rain, a leading provider of earned wage access (EWA) solutions, today announced the launch of the first fully embedded on-demand pay integration within Workday.

Payfinia, an independent payment services firm providing an open payments framework, announced today its partnership with Early Warning Services to offer Paze SM, an online checkout solution developed by Early Warning Services and offered by participating banks and credit unions. Star One Credit Union, one of the nation’s largest credit unions with more than $9 billion in assets, is the first financial institution onboarding Paze through Payfinia. 

Wells Fargo Technology Banking has expanded its Chicago-based team with two key hires, reinforcing the bank’s long-term commitment to innovation and growth in commercial banking for the tech sector.

The Bank of England has fined Vocalink Limited £11,900,000 in respect of a compliance failure under section 196 of the Banking Act 2009 (the “Act”). This is the first time the Bank has fined a financial market infrastructure firm. Vocalink has been regulated by the Bank since April 2018 as a specified service provider, a type of financial market infrastructure firm involved in the operation of UK payments systems.

DailyPay, a leading worktech platform, named Derek Andersen, Snap's Chief Financial Officer, to its Board of Directors. An accomplished finance leader, Mr. Andersen brings decades of leadership experience guiding prominent technology and media companies to DailyPay. His appointment to the DailyPay Board became effective on Friday, June 27, 2025.

Droit, a technology firm at the forefront of computational law and regulation, launches ‘Explore Mode’ for its Adept Platform using newly patented technology for methods and systems to identify and trace regulatory obligations associated with a set of transactions or scenarios.

Sumsub, a global leader in verification, today announced its integration with Verax, the attestation service built on Linea, the Ethereum Layer 2 network developed by Consensys. During the week of the EthCC in Cannes, Sumsub demonstrated how the companies are launching a streamlined way to issue on-chain identity attestations, giving Web3 users a fast and secure method to prove they are verified, and eligible for rewards or services – without compromising privacy.

Okoora, a company redefining global foreign exchange (FX) infrastructure, today announced a strategic partnership with DashDevs, global fintech product engineering company, to streamline the delivery of embedded foreign exchange (FX) functionality in digital financial products.