Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.

UK SMEs relying on outdated manual bank transfers as a primary method of payment lost out on an estimated £6.15 billion in sales last year. 

Fiserv, Inc., a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for August 2025, with the seasonally-adjusted Index holding steady at 149.

Year-over-year sales (+3.9%) and transactions (+3.7%) remained strong, as resilient consumer spending continued. Average ticket sizes (+0.3%) also grew compared to 2024.

Sygnum, a global digital asset banking group, announces the expansion of its Asset Management offerings to Germany and Liechtenstein, marking a significant milestone in the firm’s European growth strategy. The expansion enables institutional and wholesale investors in these markets to access selected parts of Sygnum’s crypto investment solutions. 

Wedbush Securities, a leading provider of securities brokerage, clearing, custody and fintech services, and global Fintech leader Broadridge Financial Solutions, Inc., announced that Broadridge has been selected as Wedbush's strategic technology platform provider as the firm transforms its operations platforms.

MoonPay, the global leader in crypto payments, has announced the launch of Interac e-Transfer® as a new payment method for Canadian customers, making it easier than ever to buy digital assets using one of Canada's most trusted payment networks.

With Interac e-Transfer, MoonPay users in Canada can now seamlessly fund transactions in Canadian dollars directly from their bank accounts, providing a secure, fast, and familiar checkout experience.

Major UK brands with an annual average revenue of over £100M are seeing a positive business impact from deploying embedded finance, according to a new study from NatWest Boxed. Businesses across travel, retail, financial services and utilities have all seen an increase in customer conversion, increased basket size, and repeat purchases. However, brands have rightfully increased their expectations on embedded finance providers in a market with growing demand and diverse supplier archetypes.

In a significant milestone underscoring its leadership in banking innovation, Warba Bank, one of Kuwait’s leading Islamic financial institutions, announced the launch of its youth account “Wave Banking” with an advanced digital platform, designed specifically for the younger generation under the slogan “Your Wave, Your Way”, offering a fully digital experience tailored to their lifestyle and financial needs.

CyberCube, the global leader in cyber risk analytics for the insurance industry, today announced the launch of Exposure Manager (XM), the first and only tool that allows (re)insurers to evaluate cyber risk across entire portfolios efficiently with powerful, quantified data, with adoption from several leading global (re)insurance companies already.