Blog, Business and Economy, Collaborations and Partnerships, Compliance and Regulation, Leadership, Payments, Technology

News of Note: July 25, 2025

Blog, Business and Economy, Collaborations and Partnerships, Compliance and Regulation, Leadership, Payments, Technology

July 25, 2025

News of Note: July 25, 2025

Contributor:

Lynnette Caballes-Cooke

News of Note for the past week:

C-Suite Changes

Old National named Tim Burke as its president and and chief operating officer to succeed Mark Sander. Previously, Burke oversaw commercial banking in 12 markets at KeyBank.

M&A

Pinnacle Financial Partners and Synovus Financial plan to combine and create a regional bank focused on the fastest-growing markets in the Southeast.
https://www.synovus.com/about-us/news/2025/2025-07-24-pinnacle-financial-partners-and-synovus-to-combine

Partnerships

PNC Bank and Coinbase have partnered to develop a solution that will allow the bank’s clients to buy, hold and sell cryptocurrencies
PagBrasil and Verifone are bringing Brazil’s popular real-time payments system Pix to the US
Credit card startup Imprint is launching a co-branded card with eCommerce platform Rakuten
Global commerce platform WEX and energy firm BP partnered to launch a fleet card and rewards program
Cloud-based payments firm Alacriti has launched a partnership with Citizens Business Bank to offer instant payments capabilities via the Orbipay Payments Hub
Samsung is bringing installment payments to its digital wallet in collaboration with Splitit

Government Regulations

US:

President Trump signs the GENIUS Act which will provide additional regulatory oversight to crypto/stablecoin for financial institutions

Other Headlines

Banking giant J.P. Morgan Chase is reportedly considering lending against its customers’ cryptocurrency holdings
https://cryptorank.io/news/feed/93eb2-jpmorgan-chase-considering-allowing-clients-to-borrow-against-their-crypto-assets-report
OpenAI’s CEO and co-founder Sam Altman reports they didn’t expect banks to take to AI so soon but that Financial institutions have surprisingly been early adopters
https://www.bankingdive.com/news/open-ai-sam-altman-didnt-expect-banks-adopt-ai-so-soon
Coinbase has launched nano BTC and ETH perpetual futures for US traders under CFTC regulation
B2B payments company Mondu has launched an instant account-to-account (A2A) payment solution for B2B eCommerce called Pay Now
Square is now allowing some sellers to accept Lightning Network-powered bitcoin payments from customers
Regions Bank unveils mobile app enhancements along with more innovations on the way

Aug 20, 2026

News of Note: Summer 2026

The summer of 2026 witnessed significant advancements in payment technology, marked by the introduction of Swift’s cross-border framework and generative AI agents for autonomous transactions. Leadership changes spurred strategic planning for upcoming IPOs, while mergers and acquisitions shaped the industry. The focus shifted to real-time operations and regulatory compliance in a highly integrated financial ecosystem.
Mar 9, 2026

Private Equity in Payments: Catalyst for Growth or a Constraint in Disguise?

Private equity is transforming the payments industry by funding modernization and driving operational rigor. While PE can accelerate growth and improve execution, it also poses risks such as leverage constraints and decision distortions. A successful partnership requires a clear operating strategy focused on client outcomes, emphasizing the importance of trust and operational excellence.
Mar 6, 2026

News of Note: March 6, 2026

Recent paytech developments highlight stablecoin integration, significant funding, and leadership changes. Key movements include the promotion of Chuck Parcher at Civista Bank, Visa and Mastercard partnerships, and regulatory initiatives like the Credit Card Competition Act. Additionally, Kraken gained central bank access.
Feb 11, 2026

News of Note: February 11, 2026

Recent developments in paytech include significant stablecoin integration, substantial Series C funding for platforms like Rain, and leadership shifts at PayPal. Key partnerships emerged, alongside advancements in compliance and tech trends, reinforcing the sector’s growth and innovation.