- Splitit unveiled plans for the Splitit World Mastercard, a white-label credit card that combines traditional credit card functionality with flexible installment payments.
- The card allows consumers to automatically split purchases above a customizable spending threshold into monthly installments, with the option to adjust repayment plans.
- The offering, expected to become available in early 2027, will help mid-sized banks and credit unions compete with BNPL providers while maintaining...
- A partnership between BMO Financial Group and financial education platform Zogo will help boost financial literacy among young adults in Canada.
- The partnership targets young adults between the ages of 18 and 24 and provides practical lessons and quizzes to help users build financial knowledge that will have real-world applications in their lives.
- Founded in 2018 and headquartered in Austin, Texas, Zogo won Best of Show in its Finovate debut at FinovateFall 2019.
Financial...
- nCino launched its Loan Officer Productivity Suite, a set of AI-powered and automated tools designed to streamline mortgage origination workflows and improve loan officer productivity.
- The suite includes six capabilities spanning borrower eligibility checks, underwriting summaries, pre-approvals, disclosures, and connectivity with external AI agents through MCP.
- The launch focuses on workflow execution, potentially helping mortgage lenders increase loan volume without adding...
Agentic shopping is taking over the headlines, but are consumers really ready to hand over their credit cards to a bot? Visa recently sponsored a report that measures consumers' attitudes toward agentic commerce.
The research was conducted by The Harris Poll in May of 2026 and surveyed 2,065 US adults to provide insight into how consumers are navigating the next evolution of AI shopping and payments. The report found that 72% of respondents have used an AI assistant, 23% trust generative...
It's a dual holiday today in the US, with Americans celebrating both Columbus Day and Indigenous Peoples' Day to start the week. There's no break in the fintech news flow, though, and Finovate's Fintech Rundown has you covered. Be sure to check back all week long for the latest updates.
Fraud prevention
Document intelligence specialist Veryfi introduces its Fraud Detection and Prevention Suite.
Payments
New Zealand-based fintech Qippay secures an investment commitment of...
