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- Research released by processor FIS Inc. indicates almost 75% of consumers would be open to trying stablecoins if the digital currency were offered by their bank, whereas 3.6% profess comfort with unregulated providers. The research surveyed nearly 1,000 U.S. consumers.
- Digital financial-services platform SoFi Technologies Inc. has launched SoFi Crypto, a service allowing consumers to buy, sell, and hold cryptocurrency. SoFi says it is the first nationally chartered bank to offer these services.
- Cryptocurrency platform EMCD launched its EMCD Payment Card, which enables users to spend the USDT stablecoin online and in-store at any merchant that accepts Mastercard, directly and through Apple Pay and Google Pay.
- Prepaid card and payments specialist Green Dot Corp. reported $494.8 million in fiscal third quarter revenue that ended Sept. 30, up 20.8% from $409.7 million a year prior. Its loss broadened to $30.8 million from a $7.8 million loss in the 2024 third quarter.
- Payments platform Repay Holdings Corp. reported $77.7 million in revenue for its September quarter, down nearly 2% from the same period last year. The company’s net loss doubled to $6.6 million.
- Insurance payments provider One Inc said Mutual Benefit Group is using its ClaimsPay platform to help with outbound disbursements.
- Basys Processing Inc. launched iQ Pro+, a payments platform that the company says represents its move from reseller of third-party technology to in-house processing-technology services.
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