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Archive · September 20, 2026

September 20, 2026.
Five payments stories that matter.

The 5-minute briefing for payments professionals who need to know what happened, what it means, and what to do about it — before their 9am.

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Story 01

Ex-PayPal CEO Launches Evergreen.ai to Deliver Scalable AI-Driven Financial Advice

Former PayPal CEO Bill Harris has launched Evergreen.ai, an app that uses AI to provide personalized financial advice to consumers. Harris directly challenges both traditional financial advisors and fintechs by offering scalable, automated guidance at lower cost. Banks and fintechs may need to accelerate their own AI deployments or risk losing relevance in the personal finance space. The launch tests whether consumers will trust AI for complex financial decisions.

Source: Finextra
Also Worth Knowing
№02

HitPay Rolls Out CFO Stack to Streamline SME Payments and Finance in Southeast Asia

HitPay has introduced the CFO Stack, a suite of finance tools aimed at simplifying payment operations for SMEs across Southeast Asia. HitPay strengthens its position against other SME-focused fintechs by bundling payments, accounting, and cash flow management. Competing providers may need to match integrated offerings or risk losing SME market share. The move signals rising demand for all-in-one financial platforms among regional businesses.

Source: Finextra
№03

Riverty Opens Luxembourg Bank, Expanding Its European Financial Services Footprint

Riverty has launched Riverty Bank S.A. in Luxembourg, marking a major step in its European expansion strategy. Riverty increases competition for both traditional banks and fintechs in the region, especially as more fintechs seek full banking licenses. Riverty’s move may prompt rivals to accelerate their own licensing and cross-border growth plans. The Luxembourg launch tests whether fintechs can scale regulated banking services across Europe.

Source: Finextra
№04

Sync Savings Secures Funding to Expand UK Payroll Savings Platform

Sync Savings, a UK payroll savings fintech founded by ex-Monzo executives, has completed a funding round led by prominent female investors. The capital will support product expansion and intensify competition with established payroll and workplace savings providers. Lead investors highlight growing interest in payroll-linked savings as a differentiator in employee benefits. More fintechs may target this segment as employers seek new ways to boost financial wellness.

Source: Finextra
№05

Visa to Shut Down Crossmint Memecoin Rewards Loophole After Compliance Review

Visa will close a loophole in Crossmint’s memecoin rewards program following an investigation by The Block. Visa strengthens its compliance posture and may force Crossmint to rethink its user engagement tactics. Other payment providers with crypto-linked rewards may now audit their own programs to avoid regulatory scrutiny. The episode underscores the tightening oversight of crypto incentives in mainstream payments.

Source: The Block
The Long Memory
“In 2023, the UK saw a 30% rise in businesses offering payroll-linked savings, reflecting a shift toward embedding financial wellness tools directly into employee compensation.

Filed under: Payments History · The Long Memory

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