October 25, 2025 @ 8:22 pm By Omar Faridi  |  

Generative artificial intelligence is now said to be reshaping the financial sector, emerging as a sophisticated tool in transforming how credit risk is being assessed. This, according to a report from OliverWyman which also noted that by moving further beyond traditional linear models, generative AI… Read More

 Tagged ai, digitalization, generative ai, research

October 25, 2025 @ 6:26 pm By Michael Wong  |  

Nigeria’s central bank convened a strategic fintech roundtable on the sidelines of the IMF–World Bank Annual Meetings in Washington this week, reaffirming a collaborative, innovation-driven approach to developing the country’s financial system while pledging to preserve stability and confidence. The Central Bank of Nigeria (CBN)… Read More

 Tagged Central Bank of Nigeria, fintech, nigeria

October 25, 2025 @ 5:21 pm By Omar Faridi  |  

The next 5  years could potentially transform corporate and investment banking (CIB) as non-bank financial institutions (NBFIs) continue to expand their operations across trading, advisory, as well as lending. A report by Boston Consulting Group (BCG) indicates that NBFIs will account for “20% of global… Read More

 Tagged banking, bcg, insights, research

October 25, 2025 @ 4:11 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently announced the expansion of its Installments Payment Services to include Citi’s portfolio of branded credit cards in the U.S., bringing millions of cardmembers more access to payment flexibility at the point of sale. Via Citi Flex Pay, cardmembers are able… Read More

 Tagged bnpl, citi, flexible payments, mastercard

October 25, 2025 @ 2:55 pm By Tony Zerucha  |  

UnifyApps this week announced a $50 million Series B led by WestBridge Capital with participation from ICONIQ and others. The new capital brings UnifyApps’ total funding to $81 million and marks a new phase of scale with Ragy Thomas joining as chairman and co-CEO, alongside… Read More

 Tagged funding round, genai, Pavitar Singh, Ragy Thomas, Rishit Desai, UnifyApps

October 25, 2025 @ 11:45 am By Tony Zerucha  |  

According to a new study commissioned by Green Dot (NYSE: GDOT) and conducted by PYMNTS.com, 94% of enterprises plan to increase their investments in embedded finance, with three out of four planning to increase investments in the next 12 months. Companies are focused on enhancing… Read More

 Tagged embedded finance, green dot, PYMNTS, renata caine

October 25, 2025 @ 11:39 am By Tony Zerucha  |  

Gr4vy, a cloud-based payment orchestration platform, has announced its collaboration with Mastercard to optimize and streamline payment capabilities for global merchants and platforms. The partnership enables merchant customers to integrate Mastercard Merchant Cloud to access advanced payment solutions, including network tokenization, Click to Pay, and… Read More

 Tagged cloud, gr4vy, Johan Lindstrom, john lunn, mastercard, payments

October 25, 2025 @ 11:37 am By Michael Wong  |  

Pave Bank, a fully licensed commercial bank built for this new financial architecture, said it has raised more than $39 million in a round led by Accel. The fresh funding will help scale what it calls the world’s first programmable commercial bank built to operate… Read More

 Tagged accel, banking, digital bank, funding round, pave bank

October 25, 2025 @ 3:54 am By Omar Faridi  |  

BNY Mellon (NYSE: BK) said that they polled community banks across the US on everything from their investment priorities for the next year (such as AI and RTP) to what they need to best serve various client segments. During the last year, BNY launched its… Read More

 Tagged ai, digital banking, investments, small businesses, survey

October 25, 2025 @ 2:37 am By Tony Zerucha  |  

Splitwise, an app for sharing bills and expenses, and Tink have expanded their partnership across Europe. Building on strong momentum in the UK, where Splitwise has seen a 150% increase in Tink account checks and payment initiations this year, the expansion means users in France, Germany,… Read More

 Tagged Ian Morrin, Jonathan Bittner, pay by bank, payments, Splitwise, tink