Backup-as-a-service (BaaS) stories

Stripe, PayPal, Adyen and Block are pushing into loyalty, lending and AI checkout tools as payment groups seek a bigger role in merchant commerce.

Q2 brings generative AI coding to its digital banking platform, aiming to help banks and credit unions build integrations faster with tighter governance.

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

AvePoint and Omdia find governance and compliance are stalling AI adoption for MSP customers, as demand outpaces providers' readiness.

Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.

SoFi expands into corporate banking with a regulated platform for deposits, payments and stablecoin settlement, targeting crypto firms and fintechs.

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Tempo launches Mainnet and unveils Machine Payments Protocol to automate stablecoin and card payments between AI agents and online services.

Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.

Airwallex launches Yield for US firms after topping USD $1bn in assets, offering instant-access treasury via a J.P. Morgan money market fund.

Fast-growing fintech Mercury seeks a US national bank charter to hold deposits and lend directly after scaling to 200,000 business customers.

Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.

Tailor Brands now lets founders open business bank accounts as they form US LLCs, promising faster launches and integrated money tools.

Banks are shifting from product sellers to trusted digital infrastructure, fusing AI, mobile, embedded finance, identity and digital currencies.

Moltbook left a Supabase key exposed, leaking AI chats, 30,000 emails and 1.5 million API keys in a cautionary tale of vibe coding risk.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.

Keepit has been named a Leader in IDC's 2025-2026 MarketScape for SaaS data protection, boosting its profile in cloud backup and recovery.