News - page 2

Blockchain & Crypto

Western Union Joins Stablecoin Race With Own USDPT Stablecoin on Solana

Western Union goes one step further in its strategic initiative to modernize international money transfers by leveraging stablecoin potential with the launch of its USDPT stablecoin on Solana network.

Fintech & Ecommerce

Seamless Shopping Now in ChatGPT: OpenAI and PayPal Enable Instant Checkout

PayPal expands into OpenAI ChatGPT, bringing millions of merchants instant checkout for AI commerce.

Science & Technology

Ant Group’s AI Health Platform AQ Among China’s Top 7 AI-Native Apps, Leads in Growth Rate

Ant Group’s AI-driven healthcare platform AQ has emerged as one of China’s top seven AI-native applications, and the only one focused on healthcare in this list, according to the latest QuestMobile report.

Fintech & Ecommerce

Bank of America Reports Record Adoption of AI-Powered CashPro Tools Among Corporate Clients

Bank of America announced record usage of its AI-driven CashPro Chat and CashPro Search features, as corporate clients increasingly prioritize real-time insights and operational efficiency in treasury management.

Fintech & Ecommerce

One Inc Extends ClaimsPay Solution to Canada

Insurance carriers in Canada can now offer policyholders faster, more convenient claims payouts through popular platforms like Venmo, PayPal, and Zelle, with new One Inc support added for Canada’s Interac network.

Fintech & Ecommerce

Trulioo Introduces Next-Generation Identity Capabilities and Reports Record U.S. Growth at Money20/20 USA

Trulioo announced new product innovations and record-breaking U.S. growth at Money20/20 USA, highlighting the company’s expanding leadership in digital identity verification and compliance.

Fintech & Ecommerce

How Razorpay ACS Enables OTP-Free Biometric Authentication for Online Card Payments in India

Razorpay, in partnership with Yes Bank, has recently launched a biometric-card-authentication system for online card payments, so that instead of entering a PIN/OTP, you can authenticate e-commerce purchases via fingerprint or face ID.

Fintech & Ecommerce

Invela Warns That the UK’s Smart Data Ecosystem Requires Stronger Protections Amid Rising Risks

As the UK’s smart data ecosystem expands from open banking to open finance and broader cross-sector data sharing, managing risk in real time has become a critical priority. Invela’s new white paper explores how to strengthen defences against the rising risks tied to third-party providers.

Finance & Economics

Estonia Tops Global Tax Competitiveness Rankings for 11th Consecutive Year

Estonia continues to lead the world in tax competitiveness, ranking first for the 11th year in a row, thanks to its simple, transparent, and investment-friendly tax system.

Fintech & Ecommerce

Paysend Deepens Collaboration with Visa to Improve Cross-Border Payment Services

Paysend and Visa are taking their collaboration to the next level, unlocking faster, more seamless cross-border payments for businesses across North America through a new Enterprise API program.

Fintech & Ecommerce

Travelex Debuts Wholesale Banknote Operations in Canada

Travelex expansion to Canada with its wholesale banknote operations will provide international currency services to banks and money service businesses nationwide.

Fintech & Ecommerce

Al Fardan Exchange Partners with ABHI to Launch Salary Advance Service for WPS Customers

Aiming to bridge financial gaps and empower underbanked communities, Al Fardan Exchange has partnered with ABHI Middle East Limited to introduce a new Salary Advance service for Wages Protection System (WPS) customers.

Finance & Economics

AfDB and IFC Appoint Inspired Evolution to Lead New Renewable Energy Fund for Africa

Backed by global development heavyweights, including IFC, AfDB, The Rockefeller Foundation, TDB Group, and NDF, Zafiri is filling one of Africa’s toughest financing gaps by channeling long-term equity into distributed renewable energy companies that deliver last-mile access where traditional capital falls short.

Fintech & Ecommerce

Key Takeaways from TransUnion Summit 2025

As industry leaders gathered for TransUnion’s UK Summit, three key challenges for financial services emerged: trust, financial exclusion, and fraud. Here are the main takeaways.

Blockchain & Crypto

Chinese Regulators Pause Tech Giant Stablecoin Initiatives

Tech giants’ plans to issue stablecoins in Hong Kong are reportedly on hold, as Chinese authorities instructed them not to proceed with such initiatives, fearing they might undermine state control over financial industry.

Fintech & Ecommerce

McKinsey Report Raises Stakes for Global Payments Revenues: Forecast to Surpass $3T by 2029

The 2025 McKinsey Global Payments Report estimates global payments revenues to reach $3 trillion by 2029, after generating $2.5 trillion in revenue from $2.0 quadrillion in value flows last year.