Paysafe, a leading payments platform, is expanding its presence in Peru by evolving PagoEfectivo, its locally successful eCash brand, into a digital wallet. The PagoEfectivo wallet, the brand’s first in Latin America, enables users to instantly load funds, make online purchases, receive immediate payouts from participating merchants, transfer money to others, and pay using a code (CIP). 

Flagstone, the UK’s largest savings platform, is pledging its commitment to Cash ISA savers with plans to launch as many as ten Cash ISA products for savers in time for the 2025/26 ISA season (running January to 5 April 2026). 

Flagstone’s announcement comes as new research** shows that: 

Deutsche Bank has gone live with Swift’s Instant Cash Reporting (ICR) – a new, API-driven  solution that enables large corporate and financial institutions to access real-time account  and balance information with a single, standardized connection.  

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.