September 29, 2025 @ 9:03 am By Omar Faridi  |  

In an era where digital disruption is reshaping the financial services industry, core banking systems—the digital backbone of banks—stand at a critical juncture. A report from Juniper Research unveils a shift in how financial institutions are modernizing their infrastructure. Released amid escalating demands for agility,… Read More

 Tagged banking, juniper, research, sap

September 29, 2025 @ 8:49 am By Omar Faridi  |  

The Saudi Central Bank (SAMA) announced the approval of using the “Visitor ID” for opening bank accounts at banks in the Kingdom of Saudi Arabia, in “accordance with banks’ account opening rules.” The “Visitor ID,” issued by the Ministry of Interior, “serves as an official… Read More

 Tagged mena region, middle east, SAMA, saudi arabia

September 29, 2025 @ 8:38 am By Omar Faridi  |  

CaixaBank, one of Spain’s largest lenders in terms of the overall scope of operations, has joined forces with eight other European banks to introduce a euro-denominated stablecoin. Announced recently, this consortium aims to create a regulated digital asset that bridges traditional finance with the ecosystem… Read More

 Tagged CaixaBank, digital assets, ecb, europe, European Stablecoin Consortium, spain, stablecoins

September 29, 2025 @ 5:46 am By Omar Faridi  |  

DailyPay is rolling out a “Perks” offering on its platform featuring a number of   opportunities sourced for the DailyPay user. Anchoring the new Perks offering is Stride, which addresses ”the need for affordable, low-cost health insurance.” Stride makes it easy to find the best health… Read More

 Tagged dailypay, ewa, on-demand pay, stride, worktech

September 29, 2025 @ 1:30 am By Tony Zerucha  |  

ValidiFI’s newest research reveals a critical gap in current fraud prevention strategies—and the financial consequences of relying on outdated account verification methods as real-time payment adoption accelerates. As payment infrastructure evolves with real-time rails like RTP, FedNow, and Zelle driving instant settlement, and faster ACH options modernizing… Read More

 Tagged authentication, fednow, John Gordon, legacy systems, real-time payments, validifi

September 28, 2025 @ 8:28 pm By Tony Zerucha  |  

Backbase, a provider of AI-powered banking technology, and Akkuro, a leading international core banking technology provider, have announced a strategic partnership that tackles legacy system limitations with AI. This collaboration is set to deliver an end-to-end modern banking technology stack across retail banking, business banking,… Read More

 Tagged Akkuro, backbase, banking, Eric Euwes, Ricardo Ribelles

September 28, 2025 @ 5:26 pm By Tony Zerucha  |  

RedotPay, a global stablecoin-based payment fintech, has closed a $47 million strategic investment. The round saw new participation from Coinbase Ventures and a global technology entrepreneur, with increased commitments from Galaxy Ventures and Vertex Ventures. “Our mission has always been to make digital finance accessible,… Read More

 Tagged Global Payout, Hoolie Tejwani, Michael Gao, Mike Giampapa, payments, redotpay, stablecoins

September 28, 2025 @ 3:22 pm By Tony Zerucha  |  

Capital markets data provider Exegy has launched a new whitepaper series quantifying the true cost of real-time market data infrastructure. Drawing on benchmarks from current and former executives at Tier 1 banks and hedge funds within their elite client community, Exegy details the full costs, time-to-market,… Read More

 Tagged data, david taylor, Exegy, market data infrastructure

September 28, 2025 @ 12:30 pm By Omar Faridi  |  

In a move signaling its commitment to the burgeoning Middle East market, Airwallex, the Melbourne-headquartered global financial platform, has unveiled updates designed to enhanc its regional footprint. The announcement from Fintech Airwallex encompasses pivotal regulatory approvals, foundational infrastructure setups, and high-impact partnerships. These developments come… Read More

 Tagged airwallex, fintech adoption, mena, middle east, uae

September 28, 2025 @ 12:22 pm By Omar Faridi  |  

Private markets have emerged as an enabler of diversified investment strategies, offering higher yields and resilience amid economic uncertainties. However, barriers such as complex processing, regulatory hurdles, and limited distribution channels have long restricted access for everyday wealth managers and investors. A partnership announced on… Read More

 Tagged blackrock, clearstream, private markets