The European mobile payment solution Wero is now accessible via Banking Circle, joining a growing list of banks and payment platforms offering instant, account-to-account transfers witin a unified framework across Europe.
South Korea’s digital-only AI-driven lender KakaoBank reported its highest annual profit to date, with overseas investments now accounting for roughly one-fifth of earnings and turning its regional expansion into a measurable financial contributor.
In a move to modernize how insurers connect, analyze, and manage payments, One Inc has rolled out AI-powered tools built to reduce onboarding time and streamline digital payment operations.
AI-powered KYB functionality will enhance myTU’s banking platform through direct integration, enabling business customers to open fully operational accounts in minutes rather than days without extra fuss.
New research from global tech strategist Juniper Research finds that the annual value of fraudulent eCommerce transactions will rise from $56 billion in 2025 to $131 billion by 2030. The forecast represents a 133 % increase over five years, driven by rising instances of “friendly fraud,” where legitimate transactions are disputed fraudulently.
A recent McKinsey survey shows that more than half of organizations globally are now using open source AI technologies in their operations.
Elon Musk’s SpaceX has acquired xAI in a major strategic integration that merges advanced artificial intelligence capabilities with one of the world’s leading private space companies. Analysts say the move could redefine how AI and space technology intersect, potentially creating a platform for next-generation computing and satellite services.
Safello, a cryptocurrency exchange located in Sweden, has launched its services in Finland, bringing regulated crypto trading to over half a million potential users. The move comes as cryptocurrency ownership in Finland continues to rise, with roughly 11 % of adults, about 525,000 people, now holding digital assets, reflecting growing interest in secure and accessible platforms.
Bits Technology has secured €12 million in Series A funding to accelerate automation of KYB, AML, and onboarding processes for financial institutions across Europe. The investment highlights growing demand for streamlined regulatory compliance solutions as banks and fintechs face increasingly complex European regulations.
The United States and India have reached a landmark agreement to slash tariffs on billions of dollars’ worth of goods, easing months of trade tensions and opening the door to stronger economic and strategic cooperation between the two countries.
Waymo just raised $16 billion to accelerate its autonomous driving expansion and scale its robotaxi business internationally. This massive funding round, one of the largest ever in the autonomous vehicle sector, underscores growing investor confidence in the future of self-driving technology.
Klarna, the global digital bank and flexible payments provider, has announced support for Google’s Universal Commerce Protocol (UCP), a newly introduced open standard aimed at enabling agentic commerce across platforms.
Finastra has introduced a next-generation, cloud-native lending platform aimed at transforming how commercial loans are originated and processed by financial institutions.
U.S. digital bank Varo Bank has raised $123.9 million in Series G funding led by Warburg Pincus and Coliseum Capital Management, marking a major vote of confidence in its digital banking model.
Bitcoin’s price dropped sharply this week, signaling broader stress in digital asset markets and triggering one of the largest liquidation events in recent crypto history.
Agibank’s planned U.S. IPO aims to raise up to $785 million at a valuation of about $3.3 billion, underscoring recent resurgence of global capital market interest in Brazilian fintechs.
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