- SoFi is entering commercial banking with a 24/7 model that combines fiat accounts, crypto rails, and its own tokenized deposit, SoFiUSD, to enable real-time money movement.
- The company is taking a “stablecoin sandwich” approach, converting fiat to SoFiUSD and back again to enable instant settlement while keeping deposits on its balance sheet.
- SoFi is positioning itself between banks and fintechs, aiming to deliver the speed of crypto-native players and the trust of a regulated...
As the push into AI continues, many banks are still struggling to modernize their digital foundations without simply recreating their existing platforms. For institutions operating across multiple markets, that challenge becomes even more complex, as firms need to balance local autonomy with the need for standardization, speed, and scalability.
In a recent conversation with Vanja Tokic of Raiffeisen Bank International, Tokic explained that the real work of transformation is happening in...
For financial institutions, growth involves deepening relationships with existing customers. At a time when switching financial institutions comes at a low cost and fintechs offer many of the same benefits as traditional banks, customer engagement and financial wellness have become strategic priorities.
For traditional financial institutions whose offerings can seem static, providing personalized experiences that help customers save smarter, build better financial habits, and feel more...
Qover, a Belgian fintech that specializes in “Insurance-as-a-Service,” has raised $12 million in a capital extension from CIBC Innovation Banking. The company, which made its Finovate debut at FinovateEurope 2018, reported that its total funding now tops $100 million.
The investment comes as the embedded insurance orchestration firm marks its 10th anniversary of serving customers throughout Europe. At a time when the international embedded insurance market is expected to grow from...
What do banking consumers need most from their banks in 2026? How do these and other financial institutions translate major trends into actionable initiatives that solve problems for individuals, families, businesses, and communities? What role do partnerships between banks and fintech companies play in helping bring cutting-edge financial products and services to market?
We caught up with Meghan Kober, Senior Vice President and Head of Fintech Partnerships & Strategic Investments at...
