BaaS · Payments · Lending · Cards
Fintech infrastructure, explained.
How BaaS, sponsor banks, payments, lending and card issuing fit together, with every fact linked to its source.
Latest news
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Stripe vendor payments through Global Payouts pass $1B
Stripe says it paid over $1B to 3,400+ of its own US and UK vendors via Global Payouts, in a move it ran in four waves.
Liquidity Services runs B2B payments through Flywire
Liquidity Services now has Flywire run its B2B pay at home and abroad, so all of its buyers can pay in a way that fits.
Kipp acquisition 2026 puts card-decline recovery in focus
An LTVCo-led group has bought Kipp, which lets card issuers save a sale due to fail for low funds if a shop pays a fee.
Elavon plans SAP payment integrations
Elavon of U.S. Bank plans to link its payments to two SAP apps, and it has also joined an SAP partner program to do so.
ACI Worldwide and Circle pilot USDC settlement in Colombia
ACI and Circle plan to let banks settle in USDC from the hub they use now. The first test is set in Colombia, on Bre-B.
Sections
We cover the providers, the banks behind them and what regulators have ordered, with the date we checked each fact.
- Lending: loan origination and servicing software, embedded lending, POS financing
- BaaS & sponsor banks: BaaS models, sponsor-bank programs, enforcement orders. Start with how to choose a sponsor bank
- Embedded finance: how software platforms add payments, accounts, cards and credit
- Payments: embedded payments, PayFac and payouts. Learn payment orchestration and compare payment orchestration platforms
- Card issuing: issuer processors, virtual and debit card programs
- Stablecoin infrastructure: issuance, settlement, business payments
Data
Sponsor-bank enforcement tracker
FDIC, OCC and Federal Reserve orders against banks tied to their fintech, sponsor-bank or third-party payment business since 2023: document number, date, what each order restricts and whether it is still in force.
Latest guides
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Insurance claim payouts: rails, controls and reconciliation
Insurance claim payouts send the cash for a claim to a card, bank or wallet, and each one must then be tied back to it.
Card push provisioning: wallet tokens and verification
Card push provisioning lets a bank app add a card to a wallet on a phone, check the user is real, and track each token.
Payment webhooks: signatures, retries and duplicates
A webhook can come in late, twice or out of order. Here is what Stripe and Adyen tell a team to do in each case.
Card spending controls: limits, merchant rules and gaps
A card limit seems simple until a tip, a fuel pump or a refund hits. Here is how three issuer APIs set and count it.
FDIC insurance disclosures for fintech programs
A fintech is not a bank. When its app says FDIC, a rule sets what else it must say, and how it must say it.
Embedded banking: account structures and FDIC insurance
A bank holds the cash; the app shows it. Who is on the account and how the FDIC sees it is what you must get right.