The lines between fintech and legacy banking are blurring fast. As consumer expectations grow and e-commerce merchants demand more from their payment partners, the tug-of-war between digital-first financial services and established banking institutions intensifies.

The NexGen Banking Summit USA is a premier gathering of banking and financial services leaders, taking place on November 18–19, 2025, at Hotel Indigo Williamsburg, New York City (EST). The summit focuses on the transformative impact of AI, Data, and GenAI across the banking and fintech ecosystem — exploring how innovation is driving security, compliance, customer trust, and operational resilience.

Wayflyer, the leading financing platform for consumer brands, today announced the opening of its new U.S. headquarters in Charlotte, North Carolina. After deploying $5 billion in capital, growing the team to 300 employees and reaching over $100 million in global revenue, the company is continuing to invest to cement its position as the market leader for working capital.

Zip, the digital financial services company offering innovative, people-centered products for everyday Americans, today announced the next evolution of its partnership with Stripe, the programmable financial services business. Zip is now available through Stripe’s optimized checkout interfaces, including Elements, Checkout, and Payment Links, empowering US merchants to drive incremental sales while engaging with a broader, financially underestimated customer segment.

AML Ranger, one of the world’s first AI-powered assistant tools for anti-money laundering compliance, has officially launched and is currently available to use for free. To improve AML processes, it provides three assistants: PEP, sanctions, and adverse media that perform real-time checks.

Majesco, the insurance industry’s foremost innovator in cloud-native, AI-driven software, today announced the launch of the Majesco P&C CoreConnect’s MGA Model Office, an innovative, fully pre-configured MGA system that is production-ready, available on demand, and packed with leading third-party integrations and pre-built lines of business products for instant deployment.

IBM and Groq today announced a strategic go-to-market and technology partnership designed to give clients immediate access to Groq's inference technology, GroqCloud, on watsonx Orchestrate – providing clients high-speed AI inference capabilities at a cost that helps accelerate agentic AI deployment. As part of the partnership, Groq and IBM plan to integrate and enhance Red Hat open source vLLM technology with Groq's LPU architecture. IBM Granite models are also planned to be supported on GroqCloud for IBM clients.

Treasury Prime, the leading embedded banking operating system, announced today it has joined the U.S. Bank Connected Partnership Network. 

The U.S. Bank Connected Partnership Network is an award-winning online marketplace of fintech and other third-party payment and treasury solutions that are fully integrated with U.S. Bank systems. The Network helps corporate treasury teams easily identify and integrate technology already connected with the bank.

Clerq, the next-generation payments platform for high-ticket transactions, today announced that it has secured $21 million in capital to power the future of payments. The funding includes a $12 million Series A round led by 645 Ventures, with participation from existing investors FirstMark Capital, Fika Ventures, Commerce Ventures, and Dash Fund. The Series A also included new strategic participation from Friedkin and Yossi Levi, founder of Car Dealership Guy.

Affirm , the payment network that empowers consumers and helps businesses grow, today announced an expanded partnership with Worldpay, a global industry leading payment services provider. The new deal will integrate Affirm into the company’s embedded payments offering for software platforms.