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Wells Fargo Supercharges Tech Banking in Chicago with Key Hires from JPMorgan

Wells Fargo Technology Banking is beefing up its Chicago office with two strategic hires, signaling its most significant talent investment in 25 years and doubling down on support for innovation-driven companies across the Midwest and beyond. It’s a calculated move to align with surging demand for tech-forward financial services—and to plant a firm flag in one of the U.S.’s most vibrant (and sometimes overlooked) tech ecosystems.

Wells Fargo Supercharges Tech Banking in Chicago with Key Hires from JPMorgan

Paysafe Launches First Digital Wallet in LatAm, Expanding PagoEfectivo in Peru

Paysafe is doubling down on Latin America with the launch of its first digital wallet in the region, evolving its popular Peruvian eCash brand, PagoEfectivo, into a full-fledged wallet app. The move positions the NYSE-listed payments platform (PSFE) to ride Peru’s fast-growing digital payment wave, where trust in traditional cash alternatives is high—and appetite for mobile-first solutions is rising.

Paysafe Launches First Digital Wallet in LatAm, Expanding PagoEfectivo in Peru

Financial Sector’s Weakest Link? Third-Party Vendors, Says New Black Kite Report

Banks may be tightening their digital vaults, but the doors to their third-party vendors are wide open. That’s the unsettling takeaway from Black Kite’s latest report, 2025 State of Financial Services: Hidden Dangers in the Vendor Ecosystem. While direct ransomware attacks on financial institutions are declining, the report finds attackers are increasingly exploiting security gaps among vendors—giving threat actors a backdoor into the financial sector.

Financial Sector’s Weakest Link? Third-Party Vendors, Says New Black Kite Report

Snap CFO Joins DailyPay Board as Worktech Pioneer Scales Disruptive Payroll Innovation

DailyPay, the fintech making paychecks more flexible, has appointed Snap Chief Financial Officer Derek Andersen to its board of directors, effective June 27, 2025. The move signals the company’s continued evolution from a buzzy earned wage access startup to a serious contender in the enterprise HR-tech space—now armed with veteran financial firepower from one of tech’s biggest players.

Snap CFO Joins DailyPay Board as Worktech Pioneer Scales Disruptive Payroll Innovation

Finix Launches WooCommerce Plugin, Giving Merchants a Developer-Free Path to Fast, Flexible Payments

Finix Brings Full-Stack Payments to WooCommerce, No Developer Needed In a significant push to democratize payment infrastructure for small businesses and e-commerce entrepreneurs, Finix has officially launched a WooCommerce plugin that allows merchants in the U.S. and Canada to accept payments with minimal setup—and zero coding skills required. For WooCommerce store owners—who power over 28%…

Finix Launches WooCommerce Plugin, Giving Merchants a Developer-Free Path to Fast, Flexible Payments

Adhara and ioBuilders Merge to Create Blockchain Powerhouse for Institutional Finance

In a significant consolidation of enterprise-grade blockchain tech, Adhara and ioBuilders have merged to form what may now be the world’s most advanced independent provider of blockchain-based financial infrastructure for banks and capital markets. Headquartered in London, the new company is already profitable, with over 120 employees, operations in four continents, and annual revenues in the double-digit millions—a rarity in the blockchain-for-banks space.

Adhara and ioBuilders Merge

Arclaim Raises $3M to Rewire DeFi Staking—Here’s Why It Matters

The DeFi staking race just got a new frontrunner. Arclaim, a rising player in decentralized finance, has secured $3 million in Series A funding, signaling a strong vote of confidence in its approach to secure, flexible, and multi-chain staking. The round’s backers are staying under wraps—for now—but the capital injection positions Arclaim to double down on its global expansion and innovation roadmap.

Arclaim Raises $3M to Rewire DeFi Staking—Here’s Why It Matters

Truv Integrates with Blue Sage to Supercharge Mortgage Verifications and Cut Costs

In a move set to shake up the mortgage tech stack, verification platform Truv has joined forces with Blue Sage Solutions, embedding its real-time income, employment, and asset verification tools directly into the Blue Sage Loan Origination System (LOS). The integration promises to dramatically accelerate loan processing and slash verification costs by as much as 80%—a serious upgrade for lenders still navigating clunky, manual workflows.

Truv Integrates with Blue Sage to Supercharge Mortgage Verifications and Cut Costs

Broadridge Scales Up Real-Time Payments Support Ahead of EU’s 2025 Deadline

With the October 2025 deadline looming for real-time payment compliance in Europe, banks are racing against the clock—and Broadridge Financial Solutions appears to be out in front. The fintech heavyweight has announced strong market adoption of its instant payment connectivity and processing solution, aimed squarely at helping financial institutions meet new EU regulations with speed and confidence.

Broadridge Scales Up Real-Time Payments Support Ahead of EU’s 2025 Deadline

Alpaca and ZAD Partner to Scale Shariah-Compliant Investing Across the GCC

In a bid to tap into the booming Islamic finance sector, U.S.-based Alpaca, a self-clearing broker-dealer and brokerage API provider, has joined forces with ZAD, a Kuwait-headquartered investment platform specializing in Shariah-compliant U.S. stocks and ETFs. The partnership is set to accelerate access to compliant investment products in the Gulf region—and potentially far beyond.

Alpaca and ZAD Partner to Scale Shariah-Compliant Investing Across the GCC