Financial wellness and credit tracking platform Credit Karma has announced that it is offering memberships to the 17 million Americans who do not have a credit score. These “credit invisible” or “thin file” adults have been unable to open a ...
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05/12/2026

By David Penn on 2026/05/11 18:41 -0400
  • Credit tracking platform Credit Karma will offer memberships to credit invisible or “thin file” customers, a new policy from the financial wellness firm.
  • In a statement, the company highlighted a number of solutions on its platform that will help these thin file customers build their credit and boost their financial literacy, including its Credit Spark and Credit Builder tools.
  • Acquired by Intuit in 2020, Credit Karma won Best of Show at FinovateFall 2008. The company was founded...
By Julie Muhn (@julieschicktanz) on 2026/05/11 18:25 -0400
  • Circle launched Arc, a new blockchain network and native token designed specifically for institutional finance.
  • Arc, which aims to provide banks, corporations, and treasury teams with faster settlement, raised $222 million in a presale led by Andreessen Horowitz.
  • Alongside Arc, Circle introduced its new Agent Stack tools.

Stablecoin issuer and infrastructure company Circle launched a presale of a new token this week that raised $222 million. The new token, Arc, is the native...

By David Penn on 2026/05/11 17:27 -0400
  • Commonwealth Bank of Australia (CommBank) announced a new partnership with FIS.
  • The Sydney-based financial institution will use FIS Data Integrity Manager to enhance its reconciliation operations.
  • FIS Data Integrity Manager processes more than 150 million transactions per day, and uses real-time visibility and insights to improve decision-making and deliver automated alerts to resolve issues in minutes rather than hours.

Commonwealth Bank of Australia (CommBank) has turned to...

By Julie Muhn (@julieschicktanz) on 2026/05/11 15:54 -0400

FinovateSpring wrapped up last week, and with content running Monday through Thursday, there was a lot to take in. Because I spent the majority of the time running from microphone to microphone, from stage to camera, I missed many of the key demos and presentations.

I did, however, have time for a lot of quality conversations (both on and off stage). Here are some of the insights from the event.

Lines are blurring

It is clear that the world of fintech and banking we had from 2010...

By David Penn on 2026/05/07 01:47 -0400

Congratulations to the winners of FinovateSpring 2026's Best of Show awards!

From solutions that help banks, credit unions, and other financial institutions deliver new, innovative products and services to their customers and members to novel uses of enabling technologies like AI and stablecoins, the companies that won Best of Show at this year's FinovateSpring reflect many of the most important trends in fintech and financial services today.

This week marks the second time that...

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