Happen Bank deposits rise 18% as LevelUp accounts gain with borrowers
Happen Bank ended the quarter with $10.8 billion in deposits as LevelUp checking and savings products reached more loan customers.
By Rafael Ortiz 3 weeks agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Meta AI Muse Spark upgrade moves assistant into workplace tasks
Meta says Muse Spark 1.1 can link to email and calendars, build slides and complete multi-step tasks as investors scrutinise AI sp...
By Rafael Ortiz 3 weeks agoVisa Europe executive says money movement transparency is foundational
Visa Europe’s Philip Konopik told FinextraTV that faster money movement depends on flexible infrastructure and clearer client visi...
By Rafael Ortiz 3 weeks ago
Kalshi perpetual futures top $1 billion as Wall Street banks wait
Kalshi’s crypto contracts surpassed $1 billion in a week, while banks wait for deeper liquidity, clearer rules and stronger infras...
By Rafael Ortiz 3 weeks ago
Swedbank DFS settlement brings $50mn New York penalty
New York’s DFS said Swedbank will pay $50mn to resolve claims tied to a Panama Papers-era compliance investigation.
By Rafael Ortiz 3 weeks ago
Microsoft Project Perception targets AI-powered cyber threats
Microsoft introduced Project Perception, an agent-based security system that uses AI models to detect risks and improve defenses i...
By Rafael Ortiz 3 weeks ago
UK bank transfer problems hit Barclays, Lloyds and other customers
Customers at several UK banks reported payment and transfer delays, with Barclays, Lloyds, Revolut and Monzo citing service issues...
By Rafael Ortiz 3 weeks ago
AI model routing draws Cursor, Ramp, Meta and Stripe interest
Cursor, Ramp, Meta and Stripe-linked deal talks show demand for software that assigns AI requests to lower-cost models.
By Rafael Ortiz 3 weeks ago
Payward Magic Labs acquisition adds embedded wallet infrastructure
Payward plans to buy Magic Labs’ wallet-as-a-service unit, adding embedded non-custodial wallets to Payward Services.
By Rafael Ortiz 3 weeks ago
Stablecoin sandwich trust layer gap slows institutional payment adoption
PYMNTS says stablecoin cross-border payments can move value fast, but compliance and governance controls still lag settlement spee...
By Rafael Ortiz 3 weeks agoCross-border payment rails shift focus from SWIFT chains to local clearing
Moneff's Bakhtiyor Aliev says local payment networks and multi-currency accounts can cut delays, fees and FX friction for business...
By Rafael Ortiz 3 weeks ago
Coinbase CEO criticizes AI pivots by crypto firms
Brian Armstrong said crypto companies should not shift away from blockchain for AI, arguing agents will need programmable money.
By Rafael Ortiz 3 weeks ago