The Monday Roundup: what we are watching this week | June 16th

By Puja Sharma

The Monday Roundup sets the scene for the week’s biggest news stories, industry deals, and upcoming events. For Prime subscribers only.

Credit Choice platform

U.S. Bank has partnered with Fiserv in a strategic alliance aimed at enhancing digital card offerings for financial institutions across the United States.

The collaboration brings together U.S. Bank’s Elan Financial Services, renowned for agent credit card issuing, and Fiserv’s Credit Choice platform, which already powers card programs for more than 100 institutions.

The partnership is focused on delivering a unified digital platform that combines credit and debit card management into a single interface for consumers and small businesses. This integration is expected to simplify onboarding, improve customer service, and help banks and credit unions grow their cardholder base more effectively.

Peymo Ltd, a UK-based FinTech has launched the world’s first AI-powered multi-hybrid bank. This digital finance platform seamlessly integrates fiat banking, crypto wallets, tokenised assets and embedded finance in one unified system.

Built on proprietary modular architecture, the platform lets users manage GBP, EUR, crypto assets and branded debit cards in one place, while enterprises can plug in full banking functions through simple APIs.

Behind the interface, five specialised AI agents monitor user behavior, track market activity, optimise payments, and provide asset protection — all in real time. A built-in smart referral engine identifies potential new users within a network, dispatches personalised invitations via WhatsApp or voice, and tracks successful referrals.

Islamic Banking for the Next Gen

Trustfull has partnered with TeamSystem to enhance risk assessment processes for small and medium-sized businesses (SMBs) using TS Pay, TeamSystem’s digital payment platform. This collaboration aims to enhance the speed, accuracy, and reliability of onboarding new merchants, particularly small to medium-sized businesses (SMBs) that often encounter challenges with traditional fraud detection systems.

Trustfull brings its expertise in real-time digital risk assessment, using silent checks on digital signals like phone numbers, emails, and domains to generate instant risk scores. This allows TS Pay to quickly identify potentially fraudulent applications while ensuring a smooth experience for legitimate businesses.

By integrating Trustfull’s technology, TeamSystem can offer faster, smarter onboarding and better fraud prevention without disrupting genuine users. The partnership reflects a broader push to modernize risk management tools and support SMBs with more adaptive and intelligent solutions.

Bank Muamalat has officially launched ATLAS, Malaysia’s first digital-only Islamic bank, in partnership with banking tech provider Backbase. The new platform aims to blend faith-based banking with modern digital convenience.

Built using Backbase’s AI-driven technology, ATLAS offers services like easy account setup, DuitNow integration, and Shariah-compliant financing — all through a fully digital experience. The launch marks a major step in Bank Muamalat’s push to modernise Islamic banking and appeal to younger, tech-savvy customers looking for services that align with their values.

What is the Buzz