Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.

Today, Rain announced it has joined Visa's pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.

Square announced new Square Banking tools that give sellers instant access to their cash flow and free, easier ways to manage their earnings. Today, business owners can conveniently sign up for a Square payments account and a free Square Checking¹ account in just minutes through one streamlined application—right on Square’s website and point of sale app.

Stablecoins – once a technology confined to crypto communities – are making their way into headlines, dinner party conversations and soon, everyday transactions. Visa, a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a Stripe company, today announced a new card-issuing product. Fintech developers using Bridge can now offer stablecoin-linked Visa cards to their end customers in multiple countries through a single API integration.

Persona, the leading verified identity platform, today announced a $200 million Series D funding round, bringing the company's valuation to $2 billion. The round was co-led by Founders Fund and Ribbit Capital, with participation from existing investors including BOND, Coatue, First Round Capital, and Index Ventures and Chemistry.

AI, fraud, and fragmentation are redefining online identity

Global leader in enterprise data automation for the financial services industry, Gresham, today announces a major enhancement to its reconciliation solution, Control for Investment Management, previously sold under the Electra brand.

Prosper, the zero-fee investment and savings platform, today announced a strategic partnership with Ideas Community, home of the UK StartUp Awards, to transform entrepreneurs' personal finances.

The partnership launches with a survey of 900+ StartUp Awards 2024 finalists which reveals that while these entrepreneurs lead some of the UK's fastest-growing companies, 75% haven’t developed a more holistic approach to their wealth strategies that extend beyond their businesses.

Bankart, a leading Slovenian payment processing company servicing 26 banks and other financial institutions in 5 countries in Southeastern Europe, has selected Iliad Solutions as its payment testing provider in a new multi-year deal.

Bankart will license t3, Iliad’s flagship enterprise-grade, browser-based digital payments testing platform, providing cutting-edge, automated testing options, helping drive Bankart’s payment capabilities and its position as a leading payments processor.

Moneyhub, a leading UK data and analytics platform, has today announced an extension of their partnership with Experian, the global data and technology company, to introduce the innovative Credit Dashboard. This tool is designed to empower consumers with effective debt management solutions, enabling them to navigate financial challenges with greater ease and confidence.

AI is transforming how we shop and pay. Visa is bringing the power of its network and decades-long expertise to bring trust and security to AI-driven commerce. Introduced today at the Visa Global Product Drop, Visa Intelligent Commerce enables AI to find and buy. It is a groundbreaking new initiative that opens Visa’s payment network to the developers and engineers building the foundational AI agents transforming commerce.  

TreasurySpring, the global cash investment platform, has launched the latest iteration of its sustainable finance survey, conducted in collaboration with the London Stock Exchange [LSE] and The Association of Corporate Treasurers [ACT].