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Year: 2025

Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

July 8, 2025

To be successful in the digital economy, businesses must consider financial exchange (FX) related risks and costs when expanding abroad.…

With 12 million clients enrolled, fintech Nu Mexico closes in on acheiving bank status

With 12 million clients enrolled, fintech Nu Mexico closes in on acheiving bank status

July 7, 2025

Nubank, Latin America’s biggest financial technology (fintech) company, has grown to 12 million customers in its six years in Mexico…

Xoxoday Wins Top African Fintech Award for Banking Solutions

Xoxoday Wins Top African Fintech Award for Banking Solutions

July 7, 2025

SaaS provider Xoxoday secured the “Best Loyalty and Reward Solution for BFSI Sector” at the Africa Fintech & AI Awards…

India Fintech Funding Drops 26% In H1 2025: Tracxn

India Fintech Funding Drops 26% In H1 2025: Tracxn

July 7, 2025

India’s fintech sector saw equity funding plunge 26 per cent to USD 889 million in the first half of 2025…

Digital wallet provider Hyperlayer closes in on £30m funding boost

Digital wallet provider Hyperlayer closes in on £30m funding boost

July 7, 2025

The fintech, which is working with Standard Life on a consumer money app aimed at people approaching retirement, is close…

Shavez Ahmed Siddiqui Sets Global Benchmark with LQUIDPAY Deobank, Wins Top Fintech Honors in 2025

Shavez Ahmed Siddiqui Sets Global Benchmark with LQUIDPAY Deobank, Wins Top Fintech Honors in 2025

July 7, 2025

Shavez Ahmed Siddiqui, a trailblazing leader in the financial technology space, has set a new global benchmark as his innovative…

MAS Fines UOB, Credit Suisse, UBS and Six Others S$27.45 Million for AML Breaches

MAS Fines UOB, Credit Suisse, UBS and Six Others S$27.45 Million for AML Breaches

July 7, 2025

The Monetary Authority of Singapore (MAS) has imposed a total of S$27.45 million in penalties on nine financial institutions for breaches related…

CFPB drops $95m overdraft settlement against Navy Federal Credit Union

CFPB drops $95m overdraft settlement against Navy Federal Credit Union

July 6, 2025

The US Consumer Financial Protection Bureau (CFPB) has dismissed a consent order previously brought against Navy Federal Credit Union, the largest…

SBI Group selects nCino platform for Credit Guarantee business

SBI Group selects nCino platform for Credit Guarantee business

July 6, 2025

SBI Group in Japan has selected US cloud banking solutions provider nCino to power its newly launched mortgage loan guarantee…

Lloyds Banking Group Taps UnlikelyAI to Explore How Neurosymbolic AI Could Bolster Innovation

Lloyds Banking Group Taps UnlikelyAI to Explore How Neurosymbolic AI Could Bolster Innovation

July 5, 2025

Lloyds Banking Group is joining forces with a deep tech startup UnlikelyAI, to explore how artificial intelligence (AI) technology could bolster innovation and…

Cost of Living Just One Factor Driving Families to the Countryside Reveals Experian’s Mosaic

Cost of Living Just One Factor Driving Families to the Countryside Reveals Experian’s Mosaic

July 5, 2025

Experian, the global data and technology firm, has published insights uncovered by Mosaic, its AI-powered classification and segmentation tool that…

Ecobank and Google Cloud Partner to Deliver Enhanced Financial Services Across Africa

Ecobank and Google Cloud Partner to Deliver Enhanced Financial Services Across Africa

July 5, 2025

Ecobank, the pan-African financial services group, is partnering with Google Cloud in a move to enhance financial services and drive digital empowerment across Africa…

Alipay+ Voyager Launched to Simplify and Enhance Travel Experiences

Alipay+ Voyager Launched to Simplify and Enhance Travel Experiences

July 5, 2025

Combining the agentic AI capabilities of Ant International, a global digital payment, digitisation, and financial technology provider, with cross-border travel services offered…

Ecobank and Google Cloud Partner to Deliver Enhanced Financial Services Across Africa

Ecobank and Google Cloud Partner to Deliver Enhanced Financial Services Across Africa

July 5, 2025

Ecobank, the pan-African financial services group, is partnering with Google Cloud in a move to enhance financial services and drive digital empowerment across Africa…

Stripe Expands Pay by Bank Offering in Germany and France With TrueLayer Partnership

Stripe Expands Pay by Bank Offering in Germany and France With TrueLayer Partnership

July 4, 2025

The French and German checkout experience is being streamlined following a new Pay by Bank launch by programmable financial services…

Vanquis Pledges to Redirect Ineligible Customers to Fair Finance for Benefit Assessments

Vanquis Pledges to Redirect Ineligible Customers to Fair Finance for Benefit Assessments

July 4, 2025

Fair Finance, a non-profit social business tackling financial exclusion, has teamed up with Vanquis, a specialist finance provider for financially underserved…

Banks Roll Out Confirmation of Payee Across Australia to Crack Down on Scams

Banks Roll Out Confirmation of Payee Across Australia to Crack Down on Scams

July 4, 2025

Banks across Australia are officially rolling out Confirmation of Payee, the name-matching service designed to protect customers from being tricked…

iNet Aligns With Saudi Vision 2030 Through ACI Worldwide Partnership Expansion

iNet Aligns With Saudi Vision 2030 Through ACI Worldwide Partnership Expansion

July 4, 2025

iNet, the independent Saudi Central Bank-licensed network service provider (NSP), is supporting the growth of the Kingdom’s fintech sector by…

Yaspa Raises $12 Million to Expand Pay-by-Bank Solution in US

Yaspa Raises $12 Million to Expand Pay-by-Bank Solution in US

July 4, 2025

Yaspa raised $12 million in a funding round to expand its pay-by-bank solution in the United States. Founded in 2017, the…

Ripple and OpenPayd Team to Bolster Stablecoin Payments

Ripple and OpenPayd Team to Bolster Stablecoin Payments

July 4, 2025

Financial services infrastructure provider OpenPayd launched a partnership with blockchain company Ripple. The collaboration will see OpenPayd’s global fiat infrastructure, including real-time payment…

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