In a striking move for the banking sector, UBS has signed a memorandum of understanding with Ant International (a key unit of Ant Group) to explore blockchain-based, tokenised deposit solutions for real-time, multi-currency global payments.
With the new guidelines proposal, MAS is clearly signaling that Singapore aims to be one of the global leaders in safe, responsible AI adoption within financial services, encouraging innovation, but not at the expense of risk.
The new UK/Singapore study highlights a widening “adoption gap” between what tokenisation could enable and what the buy-side is realistically prepared to implement today.
The Lloyds deal brings Curve’s all-in-one smart wallet, card-consolidation technology, and data-rich spending dashboard under the umbrella of one of the UK’s largest banking groups.
Rather than exposing the full OpenAI ChatGPT interface, PhonePe will embed AI-powered tools tailored to payment-use cases in its consumer and business apps, so that users can ask for help with travel planning, product recommendations, or comparison before making UPI payments.
IFPE License regulatory milestone marks a clear consolidation of PayPal presence in Mexico within its maturing regulated fintech landscape.
Financial institutions, banks, and insurers are entering a decisive inflection point by embracing cloud-native AI agents and fundamentally rethinking how they operate.
Credolab and ZOLOZ have announced a new partnership aimed at strengthening digital identity verification and fraud prevention for financial institutions and fintech platforms with the help of AI and behavioral analytics.
Waymo, the autonomous-vehicle subsidiary of Alphabet, announced that it is offering fully driverless robotaxi rides on U.S. freeways for the first time.
Mastercard has announced a major push: by 2030, it aims to make online shopping payments in the Asia-Pacific (APAC) region both password-free and number-free.
AI infrastructure demand keeps skyrocketing, bringing solid revenues to data centre tech providers such as Cisco.
In South Africa and across developing markets, MSMEs face a financing shortfall equivalent to nearly 19% of GDP, representing some $5.7 trillion in unmet need globally. This is why targeted support, like AfDB’s $310 million financing for FirstRand Bank earmarked for MSMEs and women-led businesses, is so critical:
A new mobile app from Ebury gives businesses direct control over global cash flow, FX conversions, and payment approvals.
Electronic Merchant Systems (EMS) has rebranded as Kurv, reflecting its transformation and focus on delivering faster, more flexible payment solutions for small businesses.
Multilateral development banks (MDBs) have reaffirmed their commitment to mobilising greater climate finance, pledging to expand innovative funding mechanisms to strengthen climate adaptation and resilience in developing nations.
As global business onboarding faces increasing regulatory pressure and sophisticated fraud, Trulioo is adding real-time credit and risk decisioning and insights to its identity platform, giving enterprises a more complete picture of potential partners before transactions begin.
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