The pending acquisition is one of several large deals involving payment companies in recent years as legacy firms look for combinations that can counter newer fintech rivals.

The three largest deals raised an average of more than $136 million.

The 10 winning innovations span categories from AI and payments to risk and compliance. An overall winner will be announced at American Banker's Digital Banking event on June 2.

For fintech to achieve its true potential of democratizing financial access for all, we need diverse viewpoints among fintech founders, board members and advisors.

A report estimates that the total outstanding supply of stablecoins could grow up to $3.7 trillion by 2030 in Citi's bull case, but more likely $1.6 trillion according to its base case.

Fintech deals for banks are in bloom going into May, but pests like problematic levels of relay fraud to bots conducting cyberattacks against banks are abound.

As the banking-as-a-service model has evolved over the last decade amid widespread consent orders and BaaS partnership failures, the number of sponsor banks has dwindled, leaving fintechs to compete for the business of those that remain.

Fintechs that want to acquire bank charters face multiple obstacles, from increased regulatory scrutiny to stiff competition from established banks.

The online consumer lender beat revenue expectations in the first quarter, but its net income was dragged down by larger provisions that the company attributed to tariff "uncertainty."

The challenger bank exceeded analysts' expectations in income, revenue and earnings per share.

The crypto asset platform is returning to the U.S. after leaving in 2022 amid regulatory friction.

Global fintech funding broke $10 billion in the first quarter of 2025 due to increased investment in artificial intelligence and digital asset funding rounds like the $2 billion Binance deal.

For too long, banks have outsourced innovation, placing their future in the hands of outside vendors. That's no longer a viable strategy. Banks need to bring innovation in-house again.

The credit card issuer trimmed its outlook on revenue and average loan growth, but maintained its target for net loss rates against the backdrop of an otherwise solid quarter. The company also announced a new co-branded credit card with Crypto.com. 

The British fintech last year added six sources to its Karma system, which allows employees to gain or lose points based on their behavior. Those points help determine bonus payments.

Revolut served more customers than HSBC last year. The British fintech aims to launch its Mexican bank in the coming months.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

As the user experience becomes fundamentally more digital, the separation of banking and commerce washes out. It all starts to look like data processing.

The group, along with partners Avalanche, B2C2, Galaxy Digital, U.S. Bank and Wintermute created Lynq, a real-time, yield-bearing settlement network.