According to the Wall Street Journal, JPMorgan, Bank of America, Wells Fargo, and PNC are in conversation with Fiserv about acquiring its two debit payment networks, STAR and Accel. While there is not an official deal on the table, the initial discussions surrounding the sale raise important questions about the future of the payments infrastructure in the US. If a sale of the payment networks does take place, the impact would extend far beyond Fiserv. Here are three ways it could reshape...
- Core banking technology firm Thought Machine has raised £30 million ($41 million) in funding from an unnamed Tier 1 bank. The bank, which is both a client and an investor, made its investment in May of this year.
- The funding will help support Thought Machine's R&D expansion, including a pledge to hire more than 100 new engineers in 2026.
- The funding announcement comes as the company reported surpassing the $100 million revenue milestone for the year ending December 2025.
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- Narmi has unveiled AI Decision Assist, an agentic AI tool that automates account opening reviews by analyzing identity, risk, and compliance data and generating explainable recommendations for bank employees.
- The configurable platform helps banks tailor AI-driven decisioning to their own risk policies, reducing manual review times from hours to minutes and increasing approval rates by up to 6%.
- The launch is an example of how banks are increasingly deploying AI to support operational...
Personal finance solutions fintech Meniga launched a new product called Fini, an MCP server that enables banks to bring agentic AI into their existing platforms.
Fini, which was built with the input of five large banks, serves as the bridge between a bank's preferred large language model (LLM) and Meniga's personal finance, enrichment, and insights capabilities. Rather than building its own AI model, Meniga enables banks to pair Claude, GPT, Gemini, or another LLM with the company's...
- Card issuer Episode Six has forged a strategic partnership with dispute automation platform Decisionly.
- The partnership will give card issuers an end-to-end dispute management solution that will enable them to boost efficiency via AI-powered automation.
- Founded in 2024 by the team that launched Chargehound, Decisionly made its Finovate debut at FinovateFall 2025.
Enterprise-grade card issuer Episode Six has teamed up with AI-powered dispute automation platform Decisionly in a...
