SoFi has launched SoFi Earn (SOFIE), a bank-issued tokenized deposit for consumers. The new tokenized deposit will allow members to earn interest on their digital dollars while making them ready to use. SoFi Earn allows customers to hold digital dollars ...
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10/22/2026

By Julie Muhn (@julieschicktanz) on 2026/10/22 10:51 -0400
  • SoFi has launched SoFi Earn (SOFIE), a bank-issued tokenized deposit that offers consumers 4.40% APY and FDIC insurance eligibility.
  • Customers can convert SOFIE deposits into SoFiUSD stablecoins at a one-to-one ratio to purchase cryptocurrency or transfer funds over blockchain networks.
  • The launch comes a day after the OCC finalized rules implementing the GENIUS Act, which restricts stablecoin issuers from paying yield, positioning tokenized deposits as an interest-bearing...
By Julie Muhn (@julieschicktanz) on 2026/10/21 16:44 -0400
  • Checkout.com is expanding into in-person payments after 14 years of focusing exclusively on online payments, responding to growing merchant demand.
  • The company is partnering with European payments platform Mollie to combine Mollie's payment terminals and point-of-sale technology with Checkout.com's acquiring infrastructure.
  • Checkout.com's new hardware-agnostic offering will initially launch in the UK and EEA, followed by the US, with additional markets and capabilities planned for...
By Madeline Clines on 2026/10/21 11:24 -0400

FinovateSpring 2027 takes place in San Diego on May 3 through May 5. Register to attend by November 6 and save up to $600.

FinovateSpring is where the industry comes to see what’s next, and often sees it first. For demo companies, it’s an opportunity to put their technology in front of the people who matter and demonstrate what it can do, who it’s for, and why it matters. In just seven minutes on fintech’s biggest stage, companies can make a lasting impression and open the...

By Julie Muhn (@julieschicktanz) on 2026/10/20 16:15 -0400
  • CRB Group, the parent company of Cross River Bank, has agreed to acquire customer loyalty platform Accrue for an undisclosed amount.
  • The acquisition will integrate Accrue's branded wallet technology into Cross River's banking infrastructure, enabling merchants to offer payments, rewards, stored value, and loyalty capabilities in a single experience.
  • The deal reflects the growing convergence of payments and loyalty, helping brands deepen customer relationships and keep more financial...
By Julie Muhn (@julieschicktanz) on 2026/10/19 16:19 -0400
  • U.S. Bank has launched Payment Switch, a new tool that allows customers to move recurring bill payments to their U.S. Bank debit or credit cards without updating payment information at individual merchants.
  • Available to new and existing customers, Payment Switch helps users track upcoming charges, identify changes in recurring expenses, and cancel eligible subscriptions.
  • Developed in partnership with Atomic, Payment Switch is the third component of U.S. Bank Easy Switch, helping...
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