Payments Brief: Aug 8, 2026

Payments and FinTech Daily delivers a concise, executive-level briefing on the most important developments in payments, banking, and financial technology. In today's episode: Ramp raises $750 million at a $44 billion valuation; Chime's revenue growth suggests operational shifts amid leadership changes; Augustus receives FDIC approval for a bank charter contingent on capital requirements; Dakota applies for OCC trust charter amid stablecoin expansions; Interactive Brokers integrates stablecoin functionalities into brokerage workflows; UK open banking surpasses one billion payments, signaling mainstream adoption; ACI Worldwide and dLocal partner to expand LAC payment coverage; Solo introduces a tool to streamline KYC processes across financial institutions. Today's episode is brought to you by: BNewshel Consulting Affiliate Links:ElevenLabs: try.elevenlabs.ioSquare: squareup.com/refer