The Bank of England’s decision to cut its benchmark interest rate to 3.75% is remarkable for the UK economy, with wide-ranging implications for consumers, businesses and the payments sector.
The African Development Fund has raised a historic $11 billion for its 17th replenishment, marking a decisive move toward African ownership and a new, investment-focused development model.
Deutsche Bank and its subsidiary Postbank have rolled out the full functionality of the Wero digital payments platform, offering real-time, cross-border payments and online checkout capabilities to millions of customers.
Barclays has partnered with AI firm ExpectAI to pilot a platform that helps SMEs translate sustainability efforts into actionable insights and business growth.
Google has entered India’s credit card market with a UPI-linked digital offering, marking a significant step in its push into financial services.
Zignaly and ABHI have unveiled a new real-world asset crypto-powered investment product in the UAE, marking a significant step in connecting on-chain capital with real-economy SME financing.
US-based co-branded card specialist Imprint has joined the ranks of fintech unicorns after closing a major funding round that underscores renewed investor confidence in differentiated payment platforms.
UK digital bank Monzo has taken a decisive step in its international growth strategy by securing a full EU banking licence and opening a customer waitlist in Ireland.
Visa has launched stablecoin-based settlement in the United States, marking a major shift in how card payments are settled between financial institutions and accelerating the modernization of global payment infrastructure.
As generative AI fuels more sophisticated identity fraud, LexisNexis Risk Solutions has unveiled a major upgrade to IDVerse designed to strengthen deepfake detection while making digital onboarding faster and more accessible.
myTU has rolled out SEPA Direct Debit for businesses across the EU, strengthening its payment infrastructure and making recurring and one-off billing more reliable, automated, and cost-efficient.
New American Express research shows payment security is now a decisive factor for UK shoppers, accelerating adoption of Open Banking payments and reshaping how consumers and businesses approach digital transactions.
Nexo’s acquisition of Buenbit marks a major milestone in expanding regulated crypto services across Latin America, where crypto adoption is accelerating faster than nearly any other region globally.
A proposed update to U.S. entry rules could significantly reshape how millions of visa-free travelers prepare for trips to the United States, tightening security while intensifying privacy concerns.
A new African Development Bank report outlines how artificial intelligence could unlock up to $1 trillion in additional GDP for the countries of Africa by 2035, positioning AI as a practical driver of productivity and inclusive growth across the continent.
Ant Group has unveiled major upgrades to its AI-powered health app AQ, highlighting how artificial intelligence is increasingly supporting everyday healthcare needs at scale in China.
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