Standard Chartered has issued USD 200 million of three-year floating-rate digitally native notes on Euroclear's Digital Financial Market Infrastructure, becoming, by its own account, the first globally systemically important bank and the first UK issuer to raise money for itself on the platform. The distinction matters less for the headline number than for what it signals: a G-SIB is now willing to fund its own book through distributed ledger rails rather than merely build th

Datavault AI has agreed to acquire BankWyse, a Cheyenne-based holder of a Wyoming Special Purpose Depository Institution charter, in a move that would hand the loss-making tokenisation firm its own regulated custody and deposit-taking rails. The Nasdaq-listed company (DVLT) disclosed the definitive merger agreement on 19 August 2026, structuring it as roughly £16.4 million (approximately $22 million) in combined stock and cash, with up to a further $10 million in contingent c

Klarna's Q2 numbers, Casca's $29m raise, and Britain's proptech league table. This week, the story of lending is being written outside the legacy stack.

FinanceX Magazine is delighted to announce its media partnership with The PAY360 Awards 2026, the most prestigious event in the UK payments calendar. Hosted by The Payments Association and held in association with Mastercard, the awards take place on 7 October 2026 at the iconic Grosvenor House Hotel, Park Lane, London. Now marking 20 years, The PAY360 Awards is the night that defines the payments industry, bringing together 950+ senior leaders from 300+ organisations to cele

10x Banking bags £40m, Thought Machine crosses $100m ARR, and PSD3's countdown gets a little more real. As of this week, the modernisation trade has stopped being a thesis and started being a business. For years the core banking modernisation story sounded suspiciously like the flying-car story. Ambitious, well-funded, endlessly promising, and forever three years away from meaningful commercial traction. That framing no longer holds. Following this month's wave of vendor upda

Modulr has become a direct participant in CHAPS, the UK's high-value payment scheme, settling sterling directly at the Bank of England rather than through a sponsor bank. The move makes the London payments firm the only non-bank payment service provider connected directly to all three of the country's major payment schemes: Faster Payments, Bacs and CHAPS. The distinction matters because direct CHAPS access has historically been the preserve of banks. There are fewer than 40

Nium has switched on domestic card issuance in the United States, giving businesses that operate in the American market the ability to issue local cards while retaining access to the company's cross-border payout network. The move, announced on 19 August 2026, extends Nium's multi-region issuing platform into North America, the region widely regarded as the single largest prize in a fast-expanding commercial cards market. For finance and treasury teams, the practical signific

Flutterwave courts Ripple, InvestiFi banks a $20m round, and Thunes plants a US flag. As of this week, embedded finance is no longer a slide in a keynote deck. It is infrastructure. There was a time, not so long ago, when "embedded finance" made compliance officers roll their eyes and CFOs reach for the aspirin. The pitch was breathless, the unit economics fuzzy, and the regulators mostly bewildered. Fast forward to August 2026 and the picture has quietly, decisively, changed

MoonPay has added Cash App Pay as a checkout option for buying digital assets, giving eligible US customers a way to fund crypto purchases straight from their Cash App balance without leaving the app they use for everyday money. The move routes a large retail audience toward assets Block has historically kept off its own platform, and it does so without Block having to build the underlying infrastructure itself. MoonPay describes the launch as the first time Cash App Pay has