Wealth Management Firms in US to Double AI Budgets
Projections indicate that AI will account for 37% of US wealth management firms’ IT spending in the next 3-5 years, up from 16%.
Fintech & Ecommerce - page 19
90% Payment Cards to Be Sustainable by 2029
It is expected that in mere five years, most of the payment cards issued by global payment providers will be made of sustainable materials such as recycled or bio-sourced PVC, recycled metal, and sustainably sourced wood.
GenWise Teams Up With Axis Bank to Bring UPI Payments to Senior Citizens in India
GenWise aims to empower India’s elderly population with the speed and convenience of UPI digital payments in its app-based online club for senior citizens.
Ecobank & Nium to Unlock Real-Time Cross-Border Payments for African Markets
Collaboration with Nium will allow Ecobank’s 32 million customers to access faster and more efficient international transactions without complex integrations.
Share Energy Customers Can Top Up Energy Bills at PayPoint
Northern Ireland electricity supplier Share Energy partnered with PayPoint – a business offering a system for paying energy bills at local convenience stores.
UK Fintech Firm Wise Posts Jump in Profit
The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.
Rohlik Partners With Amazon in Germany
Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.
Mastercard Allies With Buna Cross-Border Arab Payment System
Mastercard has joined Buna, the Arab Regional Payment System, to enable faster, more affordable cross-border payments in and out of the MENA region.
Klarna Collaborates With John Lewis & Partners
Klarna has partnered with John Lewis & Partners to offer its “Pay in 3” BNPL service, allowing customers to spread payments over 60 days with no interest accrued.
Mastercard Pay Local to Enable Card-Based Payments Via Local Digital Wallets
Mastercard Pay Local extends digital payment access to over 35 million merchants in Asia Pacific and other regions, enhancing payment options for both local consumers and international travellers.
Marqeta CEO Says About Future of Analog Payments
The Marqeta platform, which carries out card issuance activities, last Monday, November 4, as part of the earnings call for the third quarter of 2024, announced information about its plans, including those related to upcoming cooperation and the launch with VisaFlex Credential this week.
JPMorgan Payments Partners With Checkbook
The Checkbook digital payments platform has joined the JPMorgan Payments Partner Network.
Mastercard and NatWest Launch Virtual Card Payment Tool for Businesses
Mastercard and NatWest have joined forces to launch a mobile virtual card payment tool.
FinTech Klar Aims for IPO
Mexico-based fintech company Klar intends to go public at the end of 2026.
Affirm Rolls Out BNPL Services in UK
Flexible payment network Affirm introduced its BNPL services to customers in the UK marking its first European expansion.
AliExpress Welcomes U.S. Retailers to Its Direct Platform
AliExpress invited U.S.-based retailers to join the AliExpressDirect initiative and reach a global audience through the Chinese leading e-commerce platform.
Fintech & Ecommerce
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