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- A fintech startup called CARD91 launched VerifyIQ, an AI-based identity-verification tool for card issuance, account opening, and other applications.
- BitRail LLC, a provider of digital wallets and payment technology, said it has added new services in partnership with the processor PaymentLock Inc., including branded online checkout and pay-now buttons, a virtual terminal, and card-not-present tools.
- Payments and cards provider Ramp Business Corp. said it has expanded its relationship with Visa Inc. to include a multi-year issuing pact and work with Visa Intelligent Commerce and Visa Trusted Agent Protocol.
- Airwallex, a payments provider with headquarters in Singapore and San Francisco, said it has received approval from Bank Negara Malaysia to offer a range of payment services in that country.
- Nacha, the regulatory body for the U.S. automated clearing house network, announced it has designated fraud-prevention platform Abrigo as a preferred partner for ACH experience/compliance/risk and fraud prevention.
- With management by former executives of Stripe, Coinbase, Uber, Zero Hash, and Facebook, a payments-technology startup called Latitude has emerged from stealth with $8 million in backing from NEA, Lightspeed Faction, Coinbase Ventures, Paxos, Nitso, and Solana Foundation, among other funders. The startup proposes to use stablecoins and AI agents to move money globally.
- CRB Group Inc., parent company for embedded-finance provider Cross River Bank, announced a $50-milliion common-equity capital raise from existing investors.
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