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Archive · September 10, 2025

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The Lead

Story 01

Marqeta Confirms Mike Milotich as Permanent CEO

Marqeta, a leader in card issuing for embedded finance, has named Mike Milotich as its permanent CEO. Milotich, previously the interim CEO and CFO, will steer Marqeta through its next phase of innovation and market expansion. His leadership is pivotal as Marqeta aims to solidify its position in the rapidly evolving fintech landscape.

Also Worth Knowing
02

Rainforest Secures $29 Million for Embedded Payment Solutions

Embedded payment platform Rainforest has raised $29 million in Series B funding, led by Matrix Partners and Infinity Ventures. This capital injection highlights the burgeoning interest in fintech solutions that integrate financial transactions seamlessly into software platforms, signaling a robust growth trajectory for embedded finance.

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03

Mastercard Introduces On-Demand Decisioning Tool for Banks

Mastercard has launched a new On-Demand Decisioning tool to provide financial institutions with real-time control over authorization decisions. This innovation is set to transform transaction management globally, offering banks unprecedented flexibility and responsiveness in financial services technology.

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04

Stripe Launches Tempo Blockchain for Enhanced Stablecoin Payments

Stripe, in partnership with Paradigm, has unveiled Tempo, a new blockchain initiative designed to streamline stablecoin transactions. This move could revolutionize digital payments, positioning Stripe at the forefront of blockchain adoption and setting new benchmarks for stablecoin usage in the financial sector.

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05

BBVA Partners with Ripple for Advanced Digital Asset Management

BBVA has teamed up with Ripple to enhance its digital asset management using Ripple's cutting-edge custody technology. This partnership marks a significant advancement in integrating blockchain technology within traditional banking, potentially reshaping how financial institutions manage digital assets.

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The Long Memory
Did you know that the first credit card was issued in 1950 by Diners Club? It revolutionized consumer spending habits and paved the way for the complex payment systems we use today.

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