SmartSave, part of the UK digital bank Chetwood Financial Limited, has launched a two-year market-leading fixed-rate savings product at 5.06% AER.

SmartSave has more than £3.7 billion in direct deposits, and its accounts are fully FSCS protected, with a minimum deposit of £10,000 and a maximum of £85,000. 

The two-year bond will be available for a limited time only. 

Today, Mastercard announced the integration of Deposit Switch and Bill Pay Switch with Mastercard’s Open Banking platform, enabling consumers to automatically switch their direct deposits and update their recurring bill payments, both when opening a digital account or when updating information on an existing account.

NCR Voyix Corporation, a leading global provider of digital commerce solutions, today announced that Sacramento, Calif.-based Golden 1 Credit Union has selected NCR Voyix Digital-First Banking to help drive its digital transformation.

Swiss fintech Kaspar& has closed its CHF 2.5 million seed-financing round and enters a strategic partnership with Avaloq, a leader in wealth management technology based in Zurich. As part of the new partnership, Avaloq has acquired a minority stake in the firm and will integrate the innovative Kaspar& investment app with the Avaloq Core Platform. This will enable banks running on the Avaloq platform in Switzerland to provide more accessible opportunities for their clients to start investing.

Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced two new payment options, Pay in 2 and Pay in 30, to bring even greater choice and flexibility to consumers utilizing Affirm’s app and providing affordability across a wider range of transactions. As always with Affirm, consumers do not ever owe a penny more than what they agree to upfront as there are no late fees or hidden charges, like compound or deferred interest.

U.S. Bank announced today a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”), the leading family fintech company on a mission to help parents raise financially-smart kids, to provide an innovative banking solution for families.

Elavon, a wholly-owned subsidiary of U.S. Bank and one of the largest payments processors globally, is partnering with Southeastern Pennsylvania Transportation Authority (SEPTA) to offer contactless payment acceptance from any enabled card or mobile device across transit services. SEPTA is one of the ten largest transit systems in the United States.