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Archive · June 28, 2026

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Story 01

GigSafe and U.S. Bank Launch Instant Payouts for Delivery Drivers in Gig Economy

GigSafe has partnered with U.S. Bank to enable instant payments for delivery drivers, allowing gig workers to access earnings immediately after completing jobs. According to PYMNTS, this collaboration targets the growing demand for faster disbursements among gig workers and could help GigSafe attract more drivers and platform partners. Competing gig payment providers such as Branch and Payfare must accelerate their own instant payout offerings to remain competitive as instant disbursement becomes a key differentiator.

Source: PYMNTS
Also Worth Knowing
№02

QI Tech and Bettr Target Brazilian E-Commerce With Expanded Credit Access

QI Tech and Bettr have joined forces to broaden credit solutions for e-commerce merchants and consumers in Brazil, directly challenging incumbent lenders. By offering more accessible financing, the partnership aims to capture market share from traditional banks and boost online sales. Brazil’s central bank may increase oversight as fintech-driven credit expands rapidly, prompting established lenders like Itaú and Bradesco to adapt their digital lending products.

Source: Finextra
№03

SecondFi Works to Recover $2.4M After Cardano Wallet Exploit

SecondFi is attempting to recover $2.4 million lost in a Cardano wallet exploit, with plans to return funds to affected users within two weeks. The breach has raised concerns about SecondFi’s security practices, and crypto wallet providers with established security protocols, such as Ledger and Trezor, may see increased interest from users seeking safer alternatives. The incident is likely to intensify scrutiny on wallet security across the crypto sector.

Source: The Block
№04

Revolut Ends Remote-First Policy for New Graduate and Intern Hires

Revolut has ended its remote-first policy for graduates and interns, now requiring at least three days per week in the office. This shift signals a move toward hybrid work models among high-growth fintechs and may prompt peers like Wise and Monzo to revisit their own early-career talent strategies. The change could reshape workplace culture and influence how fintechs attract and retain new entrants.

Source: Finextra
№05

CFPB Revamps Complaint System to Address Credit Reporting Surge

The CFPB has overhauled its complaint system in response to a spike in credit reporting issues, aiming to improve accuracy and responsiveness. Credit bureaus such as Equifax, Experian, and TransUnion now face greater accountability and may need to invest in better data management to avoid regulatory penalties. Financial institutions relying on bureau data should monitor for changes in dispute resolution and reporting standards.

Source: Banking Dive
The Long Memory
“Did you know CyberCash, launched in 1994, pioneered secure online payments but ultimately filed for bankruptcy in 2001 as newer systems overtook its early innovations?

Filed under: Payments History · The Long Memory

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