GrailPay, a risk and data platform for bank payments, today announced $6.7 million in funding to expand its suite of tools that make ACH transactions safer, smarter, and faster. The fundraise was led by Construct Capital, joined by Commerce Ventures, Broadhaven Ventures, Soma Capital, Grasshopper Bank, and a network of experienced fintech operators and angels. This follows an initial fundraise led by Noemis Ventures.

Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume and trusted by over 275 million users worldwide, today announced Binance UI Refined — its new app user interface and user experience (UI/UX) powered by AI with a customizable homepage that can be adapted to each user's preferences, giving millions around the world a new and personalized crypto trading experience.

U.S. Bank  and Fiserv have entered into a partnership in which U.S. Bank’s industry-leading Elan Financial Services credit card program will be integrated into the Credit Choice solution from Fiserv, with plans to introduce significant new capabilities later this year.

Marqeta, Inc., the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Klarna, the global digital bank and flexible payments provider, to enable the Klarna Card: a new debit card powered by Visa Flexible Credential (VFC) that allows access to built-in flexible payment options.  

Worldpay® has expanded its partnership with Visa to enhance the payments leader’s 3D Secure (3DS) solution, which can help merchants reduce fraud while reducing consumer friction and boosting authorizations. By passing through authentication data to the issuer, merchants in the U.S.

Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the appointment of Rathi Murthy as its new Chief Technology Officer.

SmartStream, the financial Transaction Lifecycle Management (TLM®) and solutions provider, has announced the expansion of its AI-driven reconciliation and data management platform, SmartStream Air, into the insurance sector. This move aims to help insurers tackle fragmented data challenges, reduce operational costs, and strengthen compliance through robust audit trails.

PNC Bank today announced the launch of PNC Mobile Accept®, a fully integrated payment solution that provides its micro business clients with the ability to accept in-person credit and debit card payments directly within the PNC Mobile app.

New data from a global leader in verification and anti-fraud provider Sumsub shows a dramatic global increase in synthetic identity document fraud from Q1 2024 to Q1 2025. This fraud type, when gen-AI is used to generate totally artificial documents, has increased by 195% globally -  showing the continuation of a clear move towards AI-enabled fraud.