VersaBank’s Crypto Pilot and other Digital Transactions News briefs from 8/26/25

VersaBank USA started a pilot for its USDVBs, tokenized versions of actual cash deposits at the bank. The move follows a similar pilot by the bank in Canada. VersaBank says it will seek a non-objection statement from the Office of the Comptroller of the Currency before launching the product commercially.
Thread Bank, which offers digital banking services, announced it will adopt Finxact, real-time core-banking technology from Fiserv Inc.
Corpay Inc.’s payments technology has been embedded in technology from SKsoft, an independent software vendor, in an effort to create a single utility allowing users to process cross-border payments.
Earned wage access provider Instant Financial has joined with payments platform Payouts Network to offer a service that allows employees to switch earned wages to an existing bank account in real time.
Payments-technology startup Payment Labs raised $3.25 million in a seed funding round led by Aperture Venture Capital.
Payments platform PayNearMe said it has opened an office in Dallas, representing a third location for the company in addition to offices in Santa Clara, Calif., and Holmdel, N.J.
Former MoneyGram International chairman and chief executive Alex Holmes has been appointed to the board of Bitcoin Depot Inc., whose kiosks allow users to convert cash into Bitcoin.

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