06/10/2026
By Julie Muhn (@julieschicktanz) on 2026/06/10 17:19 -0400
- Klarna launched a high-yield savings account paying up to 3.38% APY, adding deposits and savings tools to its growing portfolio of consumer financial products.
- The move builds on Klarna's existing banking ambitions. The company already holds $12.3 billion in deposits globally and has offered interest-bearing accounts in Europe since 2021.
- As Klarna expands from BNPL into savings, payments, P2P transfers, and stablecoins, it is increasingly positioning itself as a full-service digital...
By David Penn on 2026/06/10 12:48 -0400
- Digital banking solutions provider Mahalo Banking has partnered with Members First Credit Union of Utah.
- Members First CU will deploy Mahalo's Thoughtful Banking platform as part of an overall modernization initiative that will also involve a transition to the Corelation Keystone core platform.
- Mahalo Banking, based in Troy, Michigan, won Best of Show in its Finovate debut at FinovateFall 2023 in New York. Jim Stickley is CEO.
Utah-based Members First Credit Union has teamed...
By David Penn on 2026/06/10 10:02 -0400
For companies involved in the business of empowering developers to build business-critical fintech applications, the world has changed a great deal over the past decade. From the rise of AI to a sea-change in regulatory priorities that has increased scrutiny on third-party relationships, fraud and risk management, consumer data protections, and more, the task of providing fintech developers with the tools they need to innovate has only become more challenging.
This makes the recent news...
By Julie Muhn (@julieschicktanz) on 2026/06/09 17:24 -0400
- Stripe-owned stablecoin infrastructure platform Bridge is partnering with Banking Circle to enable clients to move stablecoins into and out of local currencies, with support for EUR, GBP, USD, and soon AUD.
- The partnership combines Bridge's stablecoin capabilities with Banking Circle's regulated banking infrastructure, correspondent banking network, and local clearing access to facilitate cross-border payments and fiat-to-stablecoin conversions.
- The deal reflects the growing...
By David Penn on 2026/06/09 16:02 -0400
- Pay-by-bank provider Aeropay has teamed up with banking technology and modernization company Jack Henry.
- Aeropay will integrate with Jack Henry Payments Orchestrator to boost its bank integration capabilities and enhance its pay-by-bank network.
- Founded in 1976 and celebrating its 50th anniversary this year, Jack Henry has been a Finovate alum since 2010. The company is based in Monett, Missouri.
Pay-by-bank provider Aeropay announced an integration with Jack Henry that will...
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