In 2015, when open banking was first introduced in the UK, conversations with financial institutions were filled with curiosity and optimism. Leaders saw the potential for technology to transform financial services by empowering consumers, increasing competition, and unlocking new opportunities. Regulatory frameworks encouraged data sharing, and for a moment, it seemed that the future of banking was about to change.

 Swiss Fintech, Bivial AG, is announcing the launch of Physical Visa Cards. Building on its Apple Pay and Google Pay-enabled virtual Visa cards, Bivial customers can now order physical debit cards for convenient and secure global transactions.

Mimica, the process intelligence company, today announced a $26.2 million Series B funding round led by Paladin Capital Group, with continued backing from Khosla Ventures, LGVP, and Entrepreneurs First.

The investment will accelerate Mimica’s mission to be the bridge between how work is done in enterprises today and how it can be done with agentic AI, giving organizations the process knowledge they need to train and operate AI agents reliably, compliantly and at scale.

A third-party survey conducted by Talker Research on behalf of Spreedly in August 2025 reveals that while 83% of U.S. executives believe that by 2027, most payments will be initiated, optimized, or completed by artificial intelligence (AI), one in four report losing more than $1 million annually at online checkout. The State of Checkout 2025 Survey indicates that the top drivers of this loss aren't fraud—they're consumer-driven:

S64, the global alternatives fintech and solutions partner to the wealth management industry, today announced its expanded partnership with Vista Equity Partners (“Vista”), a global technology investor that specializes in enterprise software, with the scheduled launch of VistaOne (Lux) (“VistaOne”) via an Australian Unit Trust (AUT).

Orbit Financial Technology today announced a new monthly membership system for Orbit Insight, its flagship research and analysis platform already used by leading asset managers and hedge funds. The change opens access to smaller firms, boutique funds, and independent researchers, giving them the same institutional-grade tools trusted by global investment houses.

WealthBlock, the AI-powered platform transforming how private fund managers raise capital and manage investors, today announced the appointment of William McNeil as Chief Revenue Officer and General Counsel. McNeil will lead the company’s revenue growth strategy while supporting its mission to help private funds, GPs, RIAs and family offices modernize their investor experience with AI-powered workflows—from digital onboarding and KYC to capital calls and investor reporting. 

payabl., a leading European financial technology provider offering payments and business accounts, reinforces its commitment to Lithuania with the registration of a new local entity. The move formalises the company’s presence in Vilnius, where it has operated with a growing team for several years, and establishes Lithuania as payabl.’s hub for the Baltics and Nordics.

 Finova, the UK’s leading cloud-based mortgage and savings software provider, has today announced the appointment of David Espley as Chief Technology Officer (CTO). David will lead Finova’s technology strategy, focusing on innovation, customer outcomes, and scaling the company’s product suite to meet the evolving needs of lenders and brokers.