Higher Living Costs Are Leading Young Adults to Take Action to Improve Financial Health, Report Claims

Gen Z (ages 18-28) is finding adulthood “more expensive than expected.” Facing this, nearly three quarters of them are “taking action to improve their financial health,” according to Bank of America’s (NYSE: BAC) Better Money Habits financial education study (PDF), published today. Key findings from the… Read More

Mastercard and BMO Expand Global Money Transfer Services

Mastercard (NYSE: MA) and BMO announced an expansion of BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of destinations and currencies, BMO’s Canadian personal banking clients will be able to “reach family and friends in nearly 70 destinations… Read More

Fintech iwoca SME Index : Labour Government Had Negative Impact on SMEs

iwoca’s latest SME Expert Index reveals that the Labour Government has had a negative impact on small and medium-sized enterprises (SMEs) during its first year in power, according to SME finance professionals. Almost three-quarters (70%) of SME finance brokers say “that conditions for small businesses have… Read More

NatWest and Google to Support UK Startups with AI Capabilities

NatWest Group announced it is working with Google Cloud as part of a collaboration that supports the bank’s focus on helping businesses to grow and adapt to the rapid pace of technological change. The collaboration will see Google Cloud “support entrepreneurs on NatWest’s Accelerator with access… Read More

Visa Announces Expansion of Stablecoin Settlement Support

The stablecoin ecosystem is expanding, and Visa (NYSE:V) wants to be at the forefront of its development. As global interest in stablecoins takes center stage, Visa is building on its role in the space and enabling support for more stablecoins and more blockchains to “facilitate… Read More

Mambu Introduces Islamic Banking Capabilities to Enable Shariah Compliant Finance

Mambu, a banking and payments platform, announced the launch of its enhanced Islamic banking capabilities, designed to enable financial institutions to “build, deploy, and scale Shari’ah-compliant products with greater overall efficiency.” With assets expected to surpass “$3.8 trillion by 2025, the Islamic banking sector is… Read More

Vertical Banking Strategies Are Enabling Growth for Financial Institutions, Report Claims

A recent report from Cornerstone Advisors, highlighted by Nymbus, underscores a transformative shift in the financial services landscape: vertical banking strategies are fueling significant growth for credit unions and community banks. As traditional financial institutions face mounting competition from fintechs and larger banks, these targeted… Read More

EzyRemit to Scale Cross-Border Payments with Thunes

Thunes, the so-called “Smart Superhighway” to move money around the world, announces a collaboration with EzyRemit, one of the digital money transfer operators, to enable cross-border payments to overseas communities worldwide. EzyRemit has offices in “Australia, Japan, New Zealand, Canada, the US and Vietnam, and… Read More

Airwallex UK Reports Steady Business Growth, Attributed to Increase in Volume and Value of Deals

Airwallex, a global payments platform is reporting steady growth in its UK division, driven by an uplift in the volume and value of deals. Revenue in the first half of 2025 grew “by 109% versus the same period last year – higher than the growth… Read More

iCapital and Boreal Capital Management Entities to Expand Access to Alternative Investments

iCapital, the global fintech platform enabling alternative investing, is pleased to announce a partnership with Boreal Capital Management AG (Zurich) and Boreal Capital Management LLC (Miami), two independent wealth management boutiques under “common ownership and affiliates of MoraBanc Group S.A.” This collaboration marks a milestone… Read More

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