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British accounting automation startup Ember partnered with HSBC UK to provide embedded tax services directly within HSBC's online business banking platform. The partnership allows HSBC's business cust...

The Federal Reserve denied Custodia Bank's application for Federal Reserve System membership, citing safety, soundness, and risk management concerns including money laundering risks. Custodia is a Wyo...

Webster Bank announced it joined the newly launched Bankers Helping Bankers (BHB) BaaS Association as a founding member. The association focuses on legislative advocacy, best practices, and community ...

The Federal Reserve issued a policy statement effective February 7, 2023, limiting state member banks' activities—particularly crypto asset activities—to those permissible for national banks. The stat...

Coastal Community Bank joined the newly launched Bankers Helping Bankers (BHB) Banking-as-a-Service Association as a founding member. The association supports BaaS sponsor banks through legislative ad...

The American Fintech Council announced a major membership expansion that includes multiple Banking-as-a-Service banks such as Evolve Bank & Trust, Portage Bank, and Customers Bank. The expansion signa...

Gemba joined JPMorgan Chase's 12-week Fintech Forward Programme in September 2025, an accelerator providing early-stage fintechs with mentorship, networks, and scaling support. The program targets neo...

UK payments fintech Modulr achieved principal issuing member status with Visa, gaining direct access to Visa's card network without intermediary banks. This enables Modulr to issue Visa cards directly...

Astra Tech's PayBy secured a Mastercard principal membership license enabling it to issue prepaid and debit cards and act as an acquirer in the UAE. The deal allows PayBy to provide BIN sponsorship se...