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Embedded payments and embedded finance have taken on an almost viral adoption within the payments industry, and the latest to tweak their services is processor Worldpay Inc. with its new Embedded Finance Engine. In related news, Fiserv Inc. says it will acquire StoneCastle Cash Management in a bid to better compete for financial institutions.
Embedded finance —the marrying of financial services with unrelated applications for businesses—is a competitive tool that Worldpay is the latest to adopt. Its Embedded Finance Engine is available to companies working with the Worldpay for Platforms service. It includes lending, banking, and commercial card issuing products, with other capabilities expected.
Worldpay says the product can reduce the compliance and fraud risk burden for software platforms. Worldpay handles the regulatory and risk-management requirements. As new services are added to the Embedded Finance Engine, participants will be able to activate them without extra costs or resources, Worldpay says.
“By providing partners with purpose-built and easy-to-use technology with simple integrations, we help them unlock new opportunities and deliver greater value to their customers,” Matt Downs, Worldpay for platforms president, says in a statement.
Worldpay is in the midst of being acquired from FIS Inc. by Global Payments Inc. in a $22.7-billion deal expected to close in the first half of 2026.
In related processor news, Fiserv announced a deal to acquire StoneCastle Cash Management, a New York City-based company with more than 50 employees.
Fiserv says the acquisition will help its financial institutions by integrating insured deposit products alongside their core account processing, digital banks, payments, and cash-management services.
Additionally, Fiserv intends to use the StoneCastle platform to help financial institutions retain funds associated with issuance of Fiserv’s FIUSD stablecoin. Fiserv announced in June it will work with Circle Internet Group Inc. on products for stablecoins for banks and merchants. Fiserv also is working with PayPal Holdings Inc. to create a link between FISUD and PYUSD, PayPal’s stablecoin.
