Banking-as-a-Service Stories

By Sean Mitchell • 4 min read • 5 days ago

Currenxie launches EEA business accounts from Ireland

Currenxie enters the EEA from Dublin with multi-currency business accounts, targeting SMEs seeking faster cross-border payments.

Crypto

Lightspark adds AI agent controls to Grid accounts

The update lets app users cap, approve and audit AI-driven payments while keeping control of their funds and spending limits.

By Karen Joy Bacudo • 4 min read • Last week

By Karen Joy Bacudo • 3 min read • Last week

Temenos expands AWS SaaS to digital banking & payments

Banks can now deploy more of their systems through one AWS-based stack as Temenos adds digital banking and payments to its cloud service.

Customer Relationship Management

Payment firms expand into broader merchant services

Merchants could soon get payments, loyalty, lending and checkout tools from one supplier as firms chase fuller control of commerce.

By Karen Joy Bacudo • 5 min read • Last month

Backbase, Ninth Wave unlock ERP banking connections

Banks could cut manual treasury work for business clients as the new link feeds ERP and accounting data straight into banking systems.

Wise plans Nasdaq move as balances hit GBP £29.4bn

Higher balances and faster transfers are helping Wise deepen its cross-border network as it prepares a Nasdaq primary listing in 2026.

By Karen Joy Bacudo • 5 min read • Last month

Diverging paths: Monzo quits, Revolut hunts US charter

Monzo's retreat from America will close customer accounts by June, while Revolut is seeking direct access to deposits and loans in the US.

Stories from Other Regions

Banking-as-a-Service stories

Software-as-a-Service

Questrade goes live with Temenos software for Questbank

The rollout gives Questbank the core banking system it needs to begin offering deposits and mortgages to Canadian customers under OSFI rules.

By Mark Tarre • 3 min read • Today

By Karen Joy Bacudo • 3 min read • Last week

InstaSwitch raises USD $4.7 million for banking switch tool

Banks could lift deposits faster as the new software helps small firms move payroll, income and payments to fresh accounts within days.

Bloxley chooses Equals Money for cross-border push

The neobank can now tap infrastructure for accounts in more than 38 currencies as it prepares a launch in four countries.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Data Analytics

Alkami launches digital sales platform for US banks

More banks and credit unions are opting for bundled onboarding and engagement tools as Alkami ties account opening to digital banking and marketing.

Q2 launches AI code tool for digital banking platform

Banks and credit unions could cut development cycles from weeks to days as the tool adds governed AI code generation to Q2's platform.

Software-as-a-Service

Slash raises USD $100 million at USD $1.4 billion valuation

The fintech's broader banking push now reaches more than 5,000 businesses, after three quarters of GAAP profitability and rapid revenue growth.

By Karen Joy Bacudo • 3 min read • Last month

Paymentology enters Australia with local payments ties

Cash and card firms stand to gain from Paymentology's Australian push, which links local rails with global schemes and key domestic partners.

By Jake MacAndrew • 3 min read • Last month

Exclusive: Adyen targets fragmented payments with Intelligent Money Movement

Enterprises could cut reconciliation and liquidity headaches as Adyen folds pay-ins, payouts and treasury into one stack for global platforms.

SoFi joins first banks to offer FedNow send & receive

Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.

Crypto

Bolt Group buys Beem app from Australian Payments Plus

The app’s 3 million users will see no immediate changes as ownership shifts to Bolt Group, with the deal due to complete by June.