News - page 6

Wise’s US Banking Ambitions Hit a Wall as Shifting Payment-Access Rules Sink Trust Bank Bid
Fintech & Ecommerce

Wise’s US Banking Ambitions Hit a Wall as Shifting Payment-Access Rules Sink Trust Bank Bid

Wise, the London-founded cross-border payments giant, saw its US banking ambitions stall on July 24 after the Office of the Comptroller of the Currency (OCC) rejected its application for a national trust bank charter — a decision the company says was driven as much by a changing regulatory landscape as by its own compliance history.

Ethiopia Takes Centre Stage as the 29th Connected Banking Summit & Innovation & Excellence Awards 2026 Opens in Addis Ababa
Fintech & Ecommerce

Ethiopia Takes Centre Stage as the 29th Connected Banking Summit & Innovation & Excellence Awards 2026 Opens in Addis Ababa

Banking Leaders, Regulators and Global Technology Innovators Unite to Accelerate Ethiopia’s Digital Financial Transformation on 12 August 2026 at Ethiopian Skylight Hotel, Addis Ababa, Ethiopia.

Clearwater Analytics: 66% Of Fund Managers Fear Firms Are Over-Investing In AI
Science & Technology

Clearwater Analytics: 66% Of Fund Managers Fear Firms Are Over-Investing In AI

Vast majority (66%) of fund managers believe their firms are over-investing in AI, while 25% believe their organizations are not investing enough, according to new global AI investment research from Clearwater Analytics.

Glia Launches Three AI Response Modes For Banking Amid Industry Security Scrutiny
Fintech & Ecommerce

Glia Launches Three AI Response Modes For Banking Amid Industry Security Scrutiny

Glia’s July 21 launch of three configurable AI response modes for Glia Banker has taken on added context following a security incident disclosed this week by OpenAI and Hugging Face.

Kurv Launches Agent Portal to Streamline Merchant Onboarding and Portfolio Management
Fintech & Ecommerce

Kurv Launches Agent Portal to Streamline Merchant Onboarding and Portfolio Management

Kurv has introduced Kurv Agent, a new digital platform designed for independent sales organizations (ISOs) and independent payment agents, bringing merchant onboarding, portfolio management, and residual reporting into a single online portal.

Sunrate Named in CNBC World’s Top Fintech Companies 2026 for Second Consecutive Year
Fintech & Ecommerce

Sunrate Named in CNBC World’s Top Fintech Companies 2026 for Second Consecutive Year

Sunrate has been included in CNBC’s World’s Top Fintech Companies 2026 ranking for the second consecutive year, earning recognition for its role in the global payments and treasury management sector.

Shein Clears Hong Kong IPO Hurdle, Faces $40-50 Billion Valuation Test Believes GlobalData
Fintech & Ecommerce

Shein Clears Hong Kong IPO Hurdle, Faces $40-50 Billion Valuation Test Believes GlobalData

Shein has received approval to proceed with a Hong Kong listing, with an IPO rumoured to be imminent as early as August 2026. The approval marks a significant step after failed listing attempts in New York and London. GlobalData says the company now faces the more difficult task of securing investor support at its target […]

Juspay Partners With Recurly, Connecting Hundreds PSPs to Subscription Billing
Fintech & Ecommerce

Juspay Partners With Recurly, Connecting Hundreds PSPs to Subscription Billing

Juspay has partnered with Recurly to integrate its open-source payment orchestration platform, Hyperswitch, into Recurly’s subscription management offering. The partnership gives Recurly merchants access to more than 300 payment service providers and acquirers through a single integration.

Rezolve Ai Brings Agentic Commerce to Zilch’s 6 Million Customers
Fintech & Ecommerce

Rezolve Ai Brings Agentic Commerce to Zilch’s 6 Million Customers

Rezolve Ai announced a partnership with UK fintech Zilch on July 21, 2026, to bring personalized retailer offers directly into the Zilch payments app used by nearly 6 million customers.

31st Edition Connected Banking Summit – Innovation & Excellence Awards 2026 Returns to Istanbul to Advance Financial Innovation Across Eurasia
Fintech & Ecommerce

31st Edition Connected Banking Summit – Innovation & Excellence Awards 2026 Returns to Istanbul to Advance Financial Innovation Across Eurasia

The International Center for Strategic Alliances (ICSA) is proud to announce the 31st Edition Connected Banking Summit – Innovation & Excellence Awards 2026, scheduled to take place on 21 October 2026 in Istanbul, Türkiye.

SBC Summit 2026 to Spotlight AI and Fintech Innovation Across Payments, Security and Player Experience
Fintech & Ecommerce

SBC Summit 2026 to Spotlight AI and Fintech Innovation Across Payments, Security and Player Experience

As artificial intelligence and fintech continue to reshape the global gaming industry, SBC Summit 2026 is introducing two dedicated educational programmes designed to help operators, suppliers and technology leaders navigate the next phase of digital transformation. Taking place from 29 September to 1 October 2026 at Feira Internacional de Lisboa & MEO Arena in Lisbon, […]

StepFun and Alipay Expand AI Agent Capabilities Through New System-Level Partnership
Fintech & Ecommerce

StepFun and Alipay Expand AI Agent Capabilities Through New System-Level Partnership

Foundation model developer StepFun and Alipay have announced a system-level partnership aimed at bringing AI agents beyond conversational assistance and into everyday consumer services. The collaboration was unveiled on July 17 during the World Artificial Intelligence Conference (WAIC) 2026 in Shanghai.

White House Nears Frontier AI Review Deal as OpenAI Pauses Advanced Model
Science & Technology

White House Nears Frontier AI Review Deal as OpenAI Pauses Advanced Model

The United States is moving closer to establishing a federal review process for frontier artificial intelligence models, a development that could reshape deployment timelines for financial institutions relying on cutting-edge AI. The reported policy discussions come as OpenAI has temporarily paused internal access to an unreleased frontier model following concerns that it repeatedly found ways […]

ECB Warns Stablecoins Could Drain Bank Deposits, Reinforces Case for Digital Euro
Blockchain & Crypto

ECB Warns Stablecoins Could Drain Bank Deposits, Reinforces Case for Digital Euro

The European Central Bank (ECB) has renewed its warning that widespread stablecoin adoption could weaken Europe’s banking system by diverting deposits away from commercial banks, strengthening the central bank’s case for introducing a digital euro as a secure, publicly backed alternative for digital payments.

GreenVibe Raises $12 Million as Reconstruction Financing Demands Real-Time Verification
Science & Technology

GreenVibe Raises $12 Million as Reconstruction Financing Demands Real-Time Verification

GreenVibe has raised $12 million to date to close what it describes as a longstanding blind spot in construction: whether poured concrete actually matches its specification. The company embeds wireless sensors into concrete before pouring, delivering strength and status readings every 30 minutes.

Fintech Earnings Face Middle East Oil Volatility as Investors Shift Focus to Q2 Results
Finance & Economics

Fintech Earnings Face Middle East Oil Volatility as Investors Shift Focus to Q2 Results

Global markets entered the week caught between geopolitical uncertainty and the start of one of the busiest periods of the corporate earnings season, creating a challenging backdrop for payments and fintech companies preparing to report quarterly results.