Nova Credit, a leading credit infrastructure and analytics company, today announced that PayPal, one of the world’s largest digital payment platforms, has selected Nova Credit’s Cash Atlas® to incorporate cash flow underwriting capabilities across its growing portfolio of consumer credit products.

Antom, a leading merchant payment and digitisation services provider under Ant International, today announced the launch of an agentic payment solution, featuring a first-of-its-kind secure APM checkout solution. Antom is also among the first partners of Mastercard and Visa to pilot card-based transaction capabilities for AI agents.

Elliptic, the global leader in digital asset decisioning, has partnered with BVNK to integrate Elliptic Lens into Layer1, the firm’s stablecoin infrastructure for self-managed payments, enabling financial institutions to embed stablecoin flows with built-in risk intelligence and screening.

Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced the hiring of Asmau Ahmed as the company’s first Chief Artificial Intelligence and Data Officer (CAIDO). Reporting directly to CEO Gavin Michael, she will lead company-wide AI and machine-learning efforts.

Fiserv, Inc., a leading global provider of payments and financial services technology, today announced it has acquired CardFree, an all-in-one platform empowering merchants with customized order, pay, and loyalty solutions. This transaction enhances the capabilities of Clover®, the world's smartest point-of-sale solution, to support small businesses as they grow into larger, multi-location merchants with complex technical needs.

Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today announced its acquisition of Breakout, an evaluation-based proprietary trading firm that provides skilled traders with the opportunity to earn payments for successfully deploying strategies at scale.

New data from Checkout.com, leading global digital payments company, reveals significant peaks in online clothing spending, with August emerging as the most notable month of the year for consumer fashion purchases. Transaction data shows a clear spike at the end of the month, with the last week of August (ending 31st) seeing an astonishing 70.8% surge in spending compared to the average week for the year to date.

Thread Bancorp, Inc., the parent company of Thread Bank, today announced the appointment of Dan Chang as General Counsel and Chief Compliance Officer. Chang will lead regulatory and compliance oversight, overseeing the Bank’s continued commitment to regulatory soundness as it broadens the range of consumer and commercial services offered through its embedded banking platform.