August 8, 2026 @ 11:25 am By Omar Faridi  |  

The Federal Deposit Insurance Corporation (FDIC) is advancing plans to create an independent organization dedicated to developing and applying uniform benchmarks for third-party vendors that supply services to banks. Working alongside banking and financial technology industry groups, the agency aims to establish a body that… Read More

 Tagged banking, fdic, regulation

August 8, 2026 @ 7:35 am By Omar Faridi  |  

UK digital bank Monzo has surpassed one million business accounts, marking a significant milestone for the challenger more than six years after introducing the service. Monzo Business announced the achievement in late July 2026, confirming it now supports over a million UK business customers. This… Read More

 Tagged digital bank, monzo, uk, united kingdom

August 8, 2026 @ 7:26 am By Michael Wong  |  

The Philippines is emerging as one of the most attractive fintech markets in the region as limited access to formal credit leaves significant room for digital financial services providers to expand, according to BillEase co-founder Georg Steiger. “The Philippines is the most exciting fintech market… Read More

 Tagged BillEase, Jin Chan Invest, Philippines

August 8, 2026 @ 12:31 am By Omar Faridi  |  

JP Morgan Chase (NYSE:JPM) CEO Jamie Dimon is taking a leading role in assembling executives from banking and technology firms to confront emerging threats linked to artificial intelligence. According to individuals familiar with the matter, the head of America’s largest bank has been contacting chief… Read More

 Tagged ai, it, jamie dimon, jp morgan, jpmorgan

August 7, 2026 @ 1:22 pm By JD Alois  |  

X Money is finally live and in the wild as the social media based Fintech is now offering services to US premium customers with expanded rollout anticipated to take place over time. Current offerings include “industry leading” APY of 6% on deposits, 3% cash back… Read More

 Tagged banking, chargebacks911, x money

August 7, 2026 @ 11:10 am By Omar Faridi  |  

Creditinfo Group has completed the acquisition of EveryData Group, a provider of data, analytics and software solutions that operates the primary credit bureaus across the Caribbean. The deal, announced on 6 August 2026, builds on a longstanding partnership between the two organisations and significantly strengthens… Read More

 Tagged acquisition, creditinfo, everydata group

August 7, 2026 @ 11:08 am By Omar Faridi  |  

Belize Bank Limited, which is reportedly one of the country’s oldest and largest financial institution, has entered a six-year collaboration with Dutch fintech firm Backbase. The agreement centers on deploying Backbase’s AI-native Banking OS to overhaul digital services for both retail and business customers. Officials… Read More

 Tagged backbase, banking, belize bank

August 7, 2026 @ 11:05 am By Omar Faridi  |  

FIS (NYSE: FIS), a global provider of financial technology solutions, has introduced its Digital One Commercial platform in the Asia-Pacific (APAC) region. This move finalizes the solution’s worldwide availability, extending it to financial institutions in the United States, Europe, the Middle East and Africa (EMEA),… Read More

 Tagged apac, asia, banking, fintech, fis

August 7, 2026 @ 8:54 am By Omar Faridi  |  

Klarna (NYSE: KLAR), the global digital bank and flexible payments specialist, has activated its inaugural integration with J.P. Morgan Payments in the United States. Merchants using the bank’s Commerce Platform can now present Klarna’s payment choices at checkout without actually developing a separate technical connection. Retailers… Read More

 Tagged jp morgan, jpmorgan, klarna, payments

August 7, 2026 @ 8:50 am By Omar Faridi  |  

Banco Sabadell is said to be prioritizing artificial intelligence within a broader organizational overhaul to drive transformation and strengthen relationship banking. Spanish lender Banco Sabadell unveiled a significant redesign of its organizational structure, placing artificial intelligence at the core of its business transformation efforts. The… Read More

 Tagged ai, banco sabadell, europe, spain