Deel launches contractor card with Airwallex after investing in competitor Alviere. Why the global HR platform needs multiple embedded finance infrastructure providers.
German BaaS provider Dock Financial files for insolvency as ex-Solaris CEO's turnaround fails. Why the 2006 company's corporate history doomed its startup ambitions.
Travel giant Amadeus secures Spanish EMI license for Outpayce subsidiary launching virtual cards. Why the company chose build over buy for travel payment infrastructure.
German BaaS provider Solaris raises €96M after €6.5M BaFin fine to onboard ADAC co-branded credit card. Why the pivot to enterprise deals could define 2024.
Griffin secures UK banking license while Lemon Markets launches with Beatvest. How competing infrastructure providers with full licenses reshape European embedded finance.
US banking-as-a-service provider Treasury Prime pivots from fintech to bank-direct offering amid regulatory pressure. Why this shift could reshape the BaaS industry.
Germany's 16 states introduce unified payment card for refugees, replacing cash payouts with prepaid debit cards. How fintech streamlines public benefit distribution.
Sainsbury's winds down banking business, joining Tesco in exiting financial services. Why UK retailers are rethinking banking licenses for embedded finance models.
ClearBank appoints Paul Staples as Group Head of Embedded Banking, marking strategic shift to serve non-financial brands with cloud-based fintech infrastructure.