Galaxy Digital's subsidiary filed an application with the OCC on Oct 29, 2026, to charter Galaxy National Bank as a national trust bank in New York. The proposed bank would offer digital-asset custody, trading, staking, and fiduciary advisory services under federal oversight. The application is pending OCC review.
Entities: Galaxy Digital · Office of the Comptroller of the Currency (OCC)
PNC Bank and ADP announced an embedded payroll solution for small businesses on Oct 28, 2026. PNC Payroll by ADP connects payroll, HR and benefits with banking, payments and cash management in one digital experience. The product targets PNC's small business customers.
Palawan Group of Companies and AltPayNet signed a partnership to expand international remittance infrastructure. Recipients can collect funds via PalawanPay or at over 3,800 Palawan Express Pera Padala branches nationwide.
Sonata Bank hired Glenn Murray as Director of Sponsor Banking to build and lead its Banking-as-a-Service program. Murray will identify fintech partners and develop a scalable program with strong risk management. He brings 20 years of experience in sponsor banking, payments and fintech.
Neo Georgian Bank signed an agreement with Ant International to bring the Alipay+ payment ecosystem to Georgia. The deal was announced at the Tbilisi Financial Summit. It marks Neo Georgian Bank's first large-scale banking technology offering.
SBI Holdings and CRB Group, parent of Cross River Bank, signed a memorandum of understanding on Oct 28, 2026, covering a Japan-based joint venture. The venture targets tokenized real-world assets, cross-border payments, and AI-agent payment infrastructure.
Entities: SBI Holdings · CRB Group · Cross River Bank
Ripple and Robinhood announced a partnership on Oct 27, 2026. Robinhood will use Ripple USD (RLUSD) on the XRP Ledger for institutional settlement and integrate Ripple Treasury for global cash and liquidity management. The deal also covers lending and margin financing through Ripple Prime.
LuLu Financial Holdings partnered with Purpleplum to power LuLu Money Business, a digital SME banking service in the UAE. The platform integrates ruya-issued business accounts with payments, cards, remittances, and payroll. Agentic AI workflows support the digital account-opening process.
Billd launched Flex Line, a revolving line of credit for commercial subcontractors, nationwide on Oct 27, 2026. Cross River Bank originates the loans and provides the underlying financial infrastructure. The product gives qualified subcontractors flexible working capital not tied to a single project.
Payward signed a definitive agreement to acquire Saldo Finance Oy, a Finnish holding company whose subsidiary Saldo Bank holds a Lithuanian banking license with passporting across five European markets. The deal is expected to close in 2027, subject to regulatory approvals.
MassPay and Piermont Bank partnered to offer global payout services across 180 countries through a single integration. Piermont provides regulated banking infrastructure while MassPay handles payout orchestration. Financial terms were not disclosed.
Ripple received final OCC approval on Oct 26, 2026 to charter Ripple National Trust Bank (RNTB), a federally supervised national trust bank. RNTB will manage segregated reserves for RLUSD, act as collateral trustee, and offer fiduciary digital asset custody. Conditional approval had been granted in Dec 2025.
Entities: Ripple · Ripple National Trust Bank · Office of the Comptroller of the Currency (OCC)
BOB AI Holdings Corp., a Miami-based fintech, raised $5.5 million in seed funding to build an AI-powered banking platform for small businesses. The company positions itself as an "AI finance employee" for SMBs. The round was announced on Oct 23, 2026.
Tech Mahindra and Mastercard announced a partnership on Oct 26, 2026, to embed virtual-card and payment capabilities into ERP and procurement platforms. The integration covers API-led payment automation, real-time reconciliation, and fraud controls within existing enterprise workflows.
Mastercard and BVNK launched a global payments platform enabling banks and fintechs to process both fiat and stablecoin transactions. The platform combines Mastercard's payment network with BVNK's stablecoin infrastructure. Financial terms were not disclosed.
Tech Mahindra acquired Finastra's cash-management product suite on Oct 23, 2026. The deal covers Fusion Cash Management, Fusion Virtual Accounts and Fusion Liquidity Management, along with related IP and API capabilities. Experienced product engineering and customer success staff will transfer to Tech Mahindra.
Brim Financial announced a partnership with Manulife Bank to transition and modernize the bank's credit card portfolio. Brim's platform covers card issuing, processing, servicing, loyalty campaigns, and customer engagement. The deployment embeds credit and payments capabilities within Manulife Bank's digital ecosystem.
Euronet and Fireblocks extended their partnership into card issuing on Oct 23, 2026. Banks and fintechs can now launch stablecoin-funded card programmes on Euronet's Ren and CoreCard platforms, with Fireblocks providing embedded wallet infrastructure. The service will be offered as a white-label capability.
The National Bank of Cambodia and the Bank of Central African States signed an MoU on Oct 22, 2026, to cooperate on fintech and innovation. The agreement covers experience sharing, information exchange, and financial inclusion. Periodic meetings will track implementation.
Entities: National Bank of Cambodia · Bank of Central African States
C-DAC and Bank of India signed an MoU on Oct 22, 2026, to collaborate on quantum technology, AI, blockchain, and cybersecurity for banking. The agreement covers joint research, pilot projects, and training programmes. C-DAC operates under India's Ministry of Electronics and Information Technology.
Sezzle submitted applications to the OCC for a national bank charter and to the FDIC for deposit insurance. The proposed Sezzle Bank, N.A. would offer insured deposit accounts, checking and savings products, and credit products. Sezzle also plans to apply to become a bank holding company.
Greenlight announced on Oct 22, 2026, that its family banking integration is now accessible through Jack Henry's Banno digital banking platform. Community banks and credit unions using Banno can offer co-branded Greenlight tools to account holders. Greenlight partners with more than 230 financial institutions.
CapitalOS closed a $21.9 million Series A on Oct 21, 2026, led by LGVP. WEX Venture Capital, Group11, Great North Ventures, Night Capital, and existing investors also participated. The San Francisco-based company provides embedded credit cards, bill pay, and wallets for B2B software platforms.
Entities: CapitalOS · LGVP · WEX Venture Capital · Group11 · Great North Ventures · Night Capital
Tala partnered with El Dorado to embed USDT-denominated credit directly in El Dorado's digital wallet, launching first in Bolivia. Tala provides the capital, underwrites borrowers, and carries the credit risk. El Dorado supplies distribution and its existing customer base.