financial technology news

FIS Launches Industry-First Platform to Power Agentic Commerce

January 13, 20266 min

First-of-its-kind capabilities will help FIS bank clients remain top of wallet with cardholders by enabling agentic commerce while enhancing fraud protection. FIS is partnering with Mastercard and Visa to bring agentic commerce capabilities to market, enabling banks to participate in AI-mediated commerce at scale. FIS, a global leader in financial technology, today announced the launch of its first offering to enable agentic commerce on the heels of announcing the close of the acquisition of its...

by BusinessWire

Payments

Payroc and ID TECH Expand NEO 3 Device Family to Accelerate ISV Growth

January 13, 20265 min

Payroc, a global payment-processing acquirer and technology platform, announced an expanded partnership with leading terminal manufacturer ID TECH to bring additional NEO 3 family devices to independent software vendors (ISVs) and their software clients. Building on the success of the previously certified VP3350, Payroc and ID TECH are extending their collaboration with the certifications of the Kiosk V and forthcoming certification of the AP6800, offering ISVs new device choice and deployment flexibility across mobile, unattended,...

by BusinessWire

Compliance & Scoring

Emburse Launches Invoice Tax Validation

January 13, 20266 min

New solution delivers effortless invoice processing and enables CFOs to maintain real-time compliance with global e-invoicing mandates

by PRNewswire

Crypto Currencies

Coinme Names Hazen Baron as General Counsel

January 13, 20263 min

Veteran Fintech Attorney to Lead Legal Strategy as Licensed and Regulated Stablecoin and Crypto Platform Scales Enterprise Offerings

by PRNewswire

Direct Lending

Advantage Plus FCU Selects Algebrik AI LOS for Agentic Lending

January 13, 202610 min

Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination System (LOS) built for credit unions, today announced that Advantage Plus Federal Credit Union, a long-standing community financial institution serving Southeast Idaho and Western Wyoming, has selected key modules of Algebrik ONE to modernize its lending operations. Founded in 1953 and headquartered in Pocatello, Idaho, Advantage Plus Federal Credit Union has spent more than seven decades serving its members through a strong community-first...

by GlobeNewswire

Banking

Medallion Bank Announces Executive Promotions

January 13, 20264 min

Medallion Bank, an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, is pleased to announce Justin Haley’s promotion to President of the Bank and Travis Betenson’s promotion to SVP and Chief Financial Officer. Both appointments were effective January 12, 2026. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). Mr. Haley has more than 30...

by BusinessWire

Payments

VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure

January 13, 20264 min

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payment infrastructure, serving enterprises across complex and underserved markets. The...

by BusinessWire

Blockchain

Prometheum Grows Advisory Committee to Shape Digital Markets

January 13, 20265 min

Prometheum Inc., a market infrastructure provider for blockchain-based securities, today announced the appointment of four new advisors to its advisory committee: Nobel Laureate Dr. Michael Spence, Dr. Jimmie Lenz, Donald H. Wilson, and Jeff Mehan. They join previously announced senior strategic advisor Dr. Arthur Laffer in advancing Prometheum’s mission to modernize U.S. capital markets by integrating blockchain-based securities with federally regulated market infrastructure. The expanded advisory committee brings decades of leadership across global macroeconomics, electronic...

by PRNewswire

Security

Sumsub Joins World Economic Forum Unicorn Community

January 13, 20266 min

Sumsub, a global leader in identity verification and fraud prevention, today announced it has joined the World Economic Forum’s Unicorn Community, an exclusive, invite-only program for private high-growth companies valued at over $1 billion and shaping the future of the digital economy. Sumsub Co-founder and CEO Andrew Sever will attend the 2026 World Economic Forum Annual Meeting in Davos, contributing expertise on digital trust, AI-driven fraud, and inclusive access to digital services. Sumsub’s inclusion comes as identity fraud reaches new levels of sophistication. According...

by Jack Henry & Associates, Inc

Banking

Jack Henry Rapid Transfers Delivers Competitive Edge to Banks and Credit Unions

January 13, 20266 min

Unique cloud-native solution enables immediate, secure money movement

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