Fiserv Picks Kansas for New FinTech Hub, Bringing 2,000 Jobs to Overland Park
Hey FinTech Fanatic!
Fiserv is betting big on Kansas. The global FinTech and payments giant is launching a major new strategic hub in Overland Park, expected to create around 2,000 jobs and inject fresh energy into the state’s growing tech economy.
Set on the expansive 427,000-square-foot Aspiria campus, the hub will bring Fiserv teams together in a space designed for collaboration and innovation. With its central location, strong tech talent pool, and business-friendly environment, Overland Park checked all the right boxes.
“We’re excited to expand our U.S. footprint and bring our people together to drive innovation,” said Frank Bisignano, Fiserv Chairman and CEO. “Kansas City offers the dynamic energy and talent we need to power the future of FinTech.”
Governor Laura Kelly welcomed the move, calling it “a significant step forward” for Kansas and a boost to high-value job creation, including opportunities for veterans and new graduates.
With doors set to open later this year, Fiserv’s latest move is more than a relocation—it’s a vote of confidence in Kansas as a rising hub for financial technology.
Read more global FinTech industry updates below 👇 and I'll be back with more tomorrow!
Cheers,
FINTECH NEWS
🇺🇸 Identity verification platform Veriff reports steady growth in verification volumes. The company reports more than 80% year-over-year profitable revenue growth. To support this global market demand, it appointed Ott Kaukver to its Board of Directors, who will work closely with Veriff’s leadership team to “guide product strategy and global technology development."
🇺🇸 Investing.com unveils an AI-driven financial researcher called WarrenAI. WarrenAI promises to bridge the gap between Wall Street traders and retail player by combining the ease of ChatGPT with trusted premium market data and raw analytical power.
🌍 Mastercard Start Path’s Emerging FinTech program welcomes 8 new startups. These innovative companies are helping shape the future of financial experiences by enhancing security, leveraging data to transform mobility, and optimizing payment systems to unlock rewards.
PAYMENTS NEWS
🇺🇸 Big shift in U.S. banking: Federal payments go 100% digital by September 2025. The initiative aims to improve efficiency, lower costs, and reduce check-related fraud. Industry experts view the executive order as a significant policy shift. Phil Bruno, Chief Strategy and Growth Officer at ACI Worldwide, noted that its true significance lies in Washington’s expanding role in shaping the movement of money across the economy.
🇶🇦 PayLater’s impact on Qatar’s digital finance market. Qatar’s first licensed Shari’a-compliant Buy Now, Pay Later (BNPL) provider by Qatar Central Bank has skyrocketed to the #1 position in the Finance category and Top 3 overall ranking across Qatar.
🇺🇸 US businesses face cross-border payments paradox amid digital wallet surge. A recent report digs deep into the evolving landscape of cross-border payments. One particularly unexpected insight is that digital wallet usage is not just a trend for younger or wealthier U.S. consumers.
🇦🇪 Fuze secures UAE central bank license to power next-gen payments. The new license will enable businesses to benefit from faster, more secure payment options, reduced transaction times, and end-to-end compliance. Keep reading
🇱🇾 AFS and Al-Etihad Al-Dawli advance Libyan payments. Together, they aim to redefine Libya's ecosystem by introducing a dynamic suite of advanced digital and electronic payment services. This alliance promises to equip businesses, consumers, and financial institutions with seamless, secure, and disruptive digital payment solutions.
REGTECH NEWS
🇺🇸 BNY upgrades compliance monitoring by completing the implementation of Behavox Quantum AI. The SaaS implementation of Behavox covers BNY’s various communication channels across 16+ languages. BNY is benefiting from Behavox’s flagship Quantum AIRP across Compliance and Conduct.
DIGITAL BANKING NEWS
🇸🇬 Revolut app in Singapore now supports 39 currencies. The firm has expanded its currency offerings by adding five new currency wallets to its app. Customers can now exchange and hold Chinese yuan (CNY), Vietnamese dong (VND), Moroccan dirham (MAD), Icelandic króna (ISK), and Serbian dinar (RSD).
🌍 Europe’s FinTechs want to bank the rich. Europe’s digital private banking FinTechs spot opportunity as Revolut and Robinhood push into targeting wealthy clients. Continue reading
🇵🇭 Winston Damarillo’s Higala building a ‘Pix+Nubank’ for Philippines. That means taking an existing but overlooked real-time payments network, called InstaPay, and transforming it to better serve the country’s many community, rural, and thrift banks, which to date have lacked the resources to embark on their own digitalization.
🇬🇧 Swiss private bank EFG courts wealthy Asian clients in London. It is launching a London-based team to attract Asian clients who are looking to diversify. The move is the latest sign that the UK capital has retained its position as a hub for managing the money of the ultra-rich.
🌍 Fake banking apps leave sellers thousands out of pocket. These apps, which convincingly mimic legitimate platforms, display false ‘successful payment’ screens in person, allowing fraudsters to walk away with goods while the money never arrives.
🇲🇦 Bank Al-Maghrib issues digital banking security guide as online services grow, to help customers protect themselves from the growing digital crimes. Customers can check balances, transfer money, and even apply for loans with just a few clicks on a computer or smartphone.
🇺🇸 Private Bancorp of America, Inc. announces strong net income and earnings per share for the first quarter of 2025. The Company reported net income of $10.6 million, or $1.80 per diluted share, compared to $10.7 million, or $1.82 per diluted share, in the prior quarter.
🇬🇧 NatWest investors to scrutinise pay in last AGM before full privatisation. NatWest will hold its last annual shareholder meeting before returning to full private ownership, with the government expected to sell its remaining stake in the bailed-out bank in the coming weeks.
🇳🇱 Bunq introduced a new way to protect users from Apple Pay and Google Pay scams. Whenever a bunq card is added outside of the app, two layers of security are in place. First, users receive the standard SMS containing a one-time verification code. In addition they are required to give their explicit approval within the bunq app.
🇵🇭 LandBank digital transactions jump 67% in 2024. Landbank President and CEO Lynette Ortiz stated that through Landbank’s digital banking channels, the institution is empowering every Filipino to take control of their finances. The bank's goal, she added, is to make safe, reliable, and convenient banking accessible to all.
BLOCKCHAIN/CRYPTO NEWS
🇺🇸 Charles Schwab CEO Rick Wurster eyes spot Bitcoin trading by April 2026. Schwab remains cautious yet optimistic about the digital asset sector and is looking to add spot BTC trading services for its clients. Wurster cited a 400% increase in traffic to Schwab's crypto website as evidence of investor interest in digital assets.
🇺🇸 Circle and BitGo are about to apply for bank charters. According to a Wall Street Journal report, Circle, BitGo, and others are considering applying for some form of banking license. Other firms cited include the publicly traded US-based crypto exchange Coinbase and the stablecoin issuer Paxos.
🇺🇸 Stablecoin giant Circle is launching a new payments and remittance network. Circle is launching its “next product move” from the firm’s New York City headquarters. The launch event is aimed at banks, FinTechs, payment service providers, remittance providers, and USDC strategic partners.
🇺🇸 SoftBank Chain (SBC) launches Interstellar: powering the future of web3 payments and open finance. Interstellar aims to bridge traditional financial systems with decentralized networks, delivering seamless, secure, and scalable payment experiences for users and developers alike.
PARTNERSHIPS
🇸🇦 Mastercard and McLaren Racing bring partnership to life at Saudi Arabian Grand Prix. The new partnership marks the coming together of two preeminent brands known for their focus on innovation and setting the standard in offering incredible experiences for fans.
🇺🇸 Axxess and Texas Capital enter strategic partnership to enable faster payer remittance for care at home providers. The integration optimizes the back-office payer reconciliation workflow using sophisticated automation that matches payments and remittances, eliminating the need for manual tracking of payments.
🇺🇸 Fiserv and Kansas team up to launch strategic FinTech hub. This location will bring approximately 2,000 jobs to the state as part of the company's strategy to bring people together to inspire innovation and deliver exceptional products and services for clients.
DONEDEAL FUNDING NEWS
🇦🇪 UAE tech funding hits $872m, driven by late-stage deals. A total of US$872 million was raised, representing a 194% increase from US$297 million in the previous quarter and an 865% rise from US$90.5 million in Q1 2024. Keep reading
M&A
🇰🇷 South Korea FinTech firm acquires Investree’s scoring platform. This acquisition comes as Investree is undergoing liquidation due to financial challenges, a process mandated by Indonesia’s Financial Services Authority (OJK). Read more
🇳🇬 Readen Holding Corporation signs Memorandum of Understanding to acquire 80% stake in Morrich Loterry Limited. The acquisition will enable RHCO to oversee the expansion of Morrich Lottery's services to include Keno and scratch lottery games, with a future roadmap to potentially incorporate casino offerings, subject to regulatory approval.
🇬🇧 Octopus to get tentacles around Hammond-backed FinTech fund. One of Britain's leading venture capital investors is close to unveiling a deal to take over a nascent FinTech fund which counted Lord Hammond, the former chancellor, among its advisors.
MOVERS AND SHAKERS
🇺🇸 Kama Capital CMO Elena Kupriianova departs, launches Growth Inquisition. Elena describes Growth Inquisition as a solo CMO-for-hire service that audits a company’s marketing spend, team structure, and performance. She then identifies ways to reduce costs by 50–90% through the use of AI and automation.
Want your message in front of 100.000+ FinTech fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn or send me an e-mail.
Comments ()