banking - page 9

AI Agents to Generate $450B Economic Value by 2028: Majority of Banks Grab This Opportunity
News

AI Agents to Generate $450B Economic Value by 2028: Majority of Banks Grab This Opportunity

Financial institutions, banks, and insurers are entering a decisive inflection point by embracing cloud-native AI agents and fundamentally rethinking how they operate.

AI in Banking: CashPro Use Case Discussion With Abbey Novack, Bank of America
Interviews

AI in Banking: CashPro Use Case Discussion With Abbey Novack, Bank of America

As global banks are increasingly adopting AI-powered virtual assistants in their digital banking channels, PaySpace Magazine Global spoke to Abbey Novack, CashPro Service Product Executive in Global Payments Solutions at Bank of America, about the role AI plays in the bank’s CashPro platform for corporate and commercial clients to handle treasury, liquidity, payments, trade-finance, and […]

TPG Aims for Nexi’s Digital Banking Unit in €1B Deal
Fintech & Ecommerce

TPG Aims for Nexi’s Digital Banking Unit in €1B Deal

The massive TPG bid for Nexi’s division highlights growing investor interest in specialised digital-banking technology across Europe.

20th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)-Islamic Development Bank (IsDB) Annual Islamic Banking and Finance Conference Successfully Concluded
News

20th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)-Islamic Development Bank (IsDB) Annual Islamic Banking and Finance Conference Successfully Concluded

The conference attracted remarkable participation from a distinguished lineup of Islamic finance experts, senior Shari’ah scholars, policymakers, and thought leaders

ClearBank Leverages Stablecoin Momentum to Modernise Cross-Border Payments
Blockchain & Crypto

ClearBank Leverages Stablecoin Momentum to Modernise Cross-Border Payments

By joining the Circle Payments Network (CPN), ClearBank will offer institutional and fintech clients access to Circle Mint for issuing and redeeming USDC and EURC stablecoin in Europe, enabling near-instant, transparent cross-border settlements.

Flexible Finance Boosts Retail Performance, With Bank-Backed BNPL Being The Preferred Option
Fintech & Ecommerce

Flexible Finance Boosts Retail Performance, With Bank-Backed BNPL Being The Preferred Option

Retailers offering flexible payment options such as Buy Now, Pay Later (BNPL) and point-of-sale (POS) finance are already seeing tangible commercial benefits, according to new research from Lloyds Merchant Services. The caveat is that customers favour flexible payments offered through their existing bank relationships.

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

G+D Wins Three Honors at the Juniper Research Future Digital Awards
Fintech & Ecommerce

G+D Wins Three Honors at the Juniper Research Future Digital Awards

Giesecke+Devrient (G+D), a global SecurityTech company headquartered in Munich, has been recognized for its fraud prevention and AI-powered banking tools at Juniper Research Future Digital Awards.

Ukrainian Fintech-IT Group Secures Investment From UMAEF at $1B Valuation
News

Ukrainian Fintech-IT Group Secures Investment From UMAEF at $1B Valuation

The fintech holding behind Ukraine’s second-largest bank (Monobank), Fintech-IT Group becomes the country’s first fintech unicorn after an investment from Ukraine-Moldova American Enterprise Fund (UMAEF).

WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia
Science & Technology

WeLab and Google Collaborate for AI-Driven Digital Banking Services in Asia

WeLab and Google partner to potentially deliver AI-powered financial services to 500 million users by 2032.

Paytently and Mastercard Join Efforts to Launch Open Banking Payment Solution
News

Paytently and Mastercard Join Efforts to Launch Open Banking Payment Solution

Paytently has partnered with Mastercard to introduce an open banking payment solution that enables direct account-to-account checkout, helping merchants improve conversion rates and cash flow.

Bunq Celebrates First Decade of Operations With 20 Million Users and App Revamp
Fintech & Ecommerce

Bunq Celebrates First Decade of Operations With 20 Million Users and App Revamp

One of the EU’s largest neobanks, bunq, has reached its tenth anniversary while hitting a major 20-million-user milestone. The challenger unveiled a new app design to mark the occasion.

JPMorgan Sets Sights on Europe’s Digital Banking Future With 2026 Germany Launch
Fintech & Ecommerce

JPMorgan Sets Sights on Europe’s Digital Banking Future With 2026 Germany Launch

By choosing Germany for its 2026 retail banking debut, JPMorgan signals confidence in Europe’s largest economy as the next frontier for digital finance.

Mastercard Shares Insights on How Practical Tech Turns Users into Active Customers
News

Mastercard Shares Insights on How Practical Tech Turns Users into Active Customers

A study conducted by Mastercard and RCBC reveals that access to payment-enabled devices does not automatically translate into active financial participation. What practical tech aspects do drive financial inclusion then?

Visa Exits U.S. Open-Banking Amid Regulatory Uncertainty and Bank Data Disputes
News

Visa Exits U.S. Open-Banking Amid Regulatory Uncertainty and Bank Data Disputes

While Europe’s PSD2 framework has propelled open banking adoption, Visa’s retreat in the U.S. shows how the lack of unified regulation leaves American fintechs at a disadvantage.

Lloyds Turns Everyday Shops Into Instant Cash Deposit Points
Fintech & Ecommerce

Lloyds Turns Everyday Shops Into Instant Cash Deposit Points

Lloyds is modernising legacy cash deposits so they work in a cash-lite, mobile-first world, making banking more embedded in everyday life with in-app barcode cash deposit scanning at PayPoint stores.