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PayPal Submits Applications to Establish an Industrial Bank to Expand Access to Financial Services for U.S. Small Businesses

PayPal Holdings, Inc. today announced it has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to establish PayPal Bank, a proposed Utah-chartered industrial loan company. 

Tuesday, December 16, 2025 - 11:14
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/news/infrastructure/paypal-submits-applications-establish-industrial-bank-expand-access-financial
Financial IT
Klarna Launches Agentic Product Protocol: The Open Standard That Makes 100M+ Products Instantly Discoverable by AI Agents

Klarna, the global digital bank and flexible payments provider, today announced the launch of its Agentic Product Protocol, a new open standard that makes every product on the internet easily discoverable and understandable by AI agents.

Tuesday, December 16, 2025 - 11:12
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/news/artificial-intelligence/klarna-launches-agentic-product-protocol-open-standard-makes-100m
Financial IT
N26 Appoints Mike Dargan as New CEO

N26 today announced that its Supervisory Board has appointed Mike Dargan, currently Group Executive Board member at UBS Group AG, as the company’s next Chief Executive Officer of N26 Bank SE and N26 SE, effective beginning of April 2026. His appointment remains subject to regulatory approval by BaFin.Mike Dargan will become the CEO of N26 SE and N26 Bank SE, succeeding Co-founder Maximilian Tayenthal and Marcus W.

Tuesday, December 16, 2025 - 11:10
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/news/people-moves/n26-appoints-mike-dargan-new-ceo
Financial IT
Duco Partners with Phoenix Group to Modernise Data Reconciliation Across Asset Management

Duco, a leading SaaS provider of AI-powered operational data automation, has announced a strategic collaboration with Phoenix Group, one of the UK’s largest long-term savings and retirement businesses, to modernise reconciliation infrastructure, empower operational teams, and scale efficiently across its Asset Management division. 

Tuesday, December 16, 2025 - 10:52
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/news/data/duco-partners-phoenix-group-modernise-data-reconciliation-across-asset-management
Financial IT
myTU Introduces SEPA Direct Debit to Simplify Billing for European Businesses

myTU, the AI-native, cloud-first digital banking platform, has introduced SEPA Direct Debit to expand its payment capabilities for businesses across the European Union. The new feature enables companies to collect both recurring and one-off payments directly from customer bank accounts under the SEPA CORE scheme.

Tuesday, December 16, 2025 - 10:13
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/news/payments/mytu-introduces-sepa-direct-debit-simplify-billing-european-businesses
Financial IT
Royal London Cuts Reconciliation Workload by 70% with AutoRek’s Automation Platform

Royal London, one of the UK's largest mutual life, pensions and investment companies, has transformed its financial operations with AutoRek, the financial control platform trusted by leading global institutions, to replace its legacy data reconciliation systems and support ambitious growth plans.

Tuesday, December 16, 2025 - 10:10
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/news/infrastructure/royal-london-cuts-reconciliation-workload-70-autoreks-automation-platform
Financial IT
Equifax Offers Comprehensive Suite of Solutions to Help Lenders Navigate Motor Finance Redress

Equifax UK is offering a comprehensive suite of motor finance redress solutions that will provide motor finance lenders with the key data and tools to efficiently manage the Financial Conduct Authority’s (FCA) proposed motor finance redress scheme.

With up to 14 million finance agreements potentially eligible for compensation and a possible 17-year look-back period requiring data that firms may no longer hold, lenders are under pressure to prepare for significant operational challenges.

Tuesday, December 16, 2025 - 10:01
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/news/lending/equifax-offers-comprehensive-suite-solutions-help-lenders-navigate-motor-finance
Financial IT
Broadridge Strengthens Platform for Alternative Investment Managers with New General Ledger Capabilities and a Redesigned User Interface

Global fintech leader Broadridge Financial Solutions, Inc.  today announced significant enhancements to its multi-asset portfolio and trade order management platform, introducing fully integrated general ledger capabilities and a redesigned user interface (UI).

Tuesday, December 16, 2025 - 09:59
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/news/infrastructure/broadridge-strengthens-platform-alternative-investment-managers-new-general
Financial IT
COINPAYMENTS Partners with ACASS to Enable Business Aviation Crypto Payments

COINPAYMENTS, a leading global digital payment gateway, today announces its partnership with ACASS, the full service, global business aviation solutions provider, to introduce cryptocurrency as a payment method.

The partnership will begin its rollout in Europe from January 2026, with COINPAYMENTS’ proprietary invoicing feature available to ACASS’ charter clients, enabling them to make seamless crypto payments via a secure transaction link.

Tuesday, December 16, 2025 - 09:44
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/news/payments/coinpayments-partners-acass-enable-business-aviation-crypto-payments
Financial IT
Griffin Closes 2025 with 50+ Platform Customers, Welcomes Uber, Marqeta, Sidekick, Aspora, Access Group and Many More

Griffin, the UK's leading bank for fintechs and platforms, today announced it is closing 2025 with significant growth across all key metrics just over a year after beginning full operations. The bank now serves over 50 platform customers and hundreds of thousands of their end users, reporting a 5x growth in revenue and about £3 billion processed in payments value with a growing customer base that includes names such as Uber, Marqeta, Access Group, Aspora, and Sidekick.

Tuesday, December 16, 2025 - 09:42
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/news/banking/griffin-closes-2025-50-platform-customers-welcomes-uber-marqeta-sidekick-aspora-access
Financial IT

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