

Commercial Banking AI: StrategyCorps Acquires Quantuma to Equip Relationship Managers
StrategyCorps has acquired Quantuma, an early-stage developer of AI agents for commercial banking, and will fold the technology into a new business-banking tier of its MonetizeIQ platform. The Nashville company said the extension, MonetizeIQ for Business Banking, will begin rolling out to client institutions and selected prospects in the fourth quarter of 2026. The deal is a bet that commercial banking AI can help community and regional lenders defend small-business relations


Revolut Bids for Swiss Banking Licence to Convert 1.3m Users
Revolut has applied to the Swiss Financial Market Supervisory Authority (FINMA) for a full banking licence, a move that would let Europe's most valuable fintech convert its 1.3 million Swiss users from a low-cost travel card into a fully banked customer base. The application is under review, and FINMA has not indicated a timeline. Alongside it, the London-based group has committed more than CHF 150 million (around USD 183 million) to the Swiss market over the next five years,


Chime Buys its Own Bank Partner in $590m Stride Deal
Chime has agreed to acquire Stride Bank, N.A., its banking partner of more than seven years, for $590m in cash, ending the neobank's reliance on rented banking infrastructure and pulling a national charter directly onto its own balance sheet. The all-cash deal, announced on 8 September 2026, will convert Stride into a wholly owned subsidiary named Chime Bank, N.A. and, subject to regulatory approval, close in the first half of 2027. What is Chime actually buying? The headline


Citi Launches Custody+ as Real-Time Settlement Reshapes Markets
Citi has launched Custody+, a modular suite of near- and real-time custody services, as its patented Single Event Processing technology completes its United States rollout and pushes more than 80 per cent of the bank's total asset-servicing event volume into real-time processing. The launch, announced on 18 August 2026, repositions one of the world's four largest custodians for an industry moving towards continuous trading, compressed settlement cycles and, later this year, n
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