LoanPro’s Model Context Protocol Facilitates AI-Powered Credit, Collection Tools

LoanPro this week launched Model Context Protocol (MCP), a model-agnostic gateway allowing LoanPro clients and partners to begin testing and developing their AI-powered credit servicing and collections initiatives, while ensuring regulatory guardrails and auditability. With MCP, LoanPro clients can begin to define and operationalize their… Read More

Shadow AI Data Breaches Cost $670K More: Nexos.ai

According to the latest IBM report, organizations experiencing data breaches that involve shadow AI — unauthorized AI tools used by employees — face additional costs averaging $670,000 per incident, compared to standard breaches. These findings align with a recent Cybernews survey, which shows 59% of… Read More

Vector Capital Completes Showpad Acquisition, Names CEO

Vector Capital, a technology-focused investment firm, has completed its acquisition of Showpad, a provider of AI revenue enablement technology. In connection with the close of the transaction, Apratim Purakayastha has been named CEO, effective immediately. “We are pleased to unite Showpad and Bigtincan under one brand… Read More

Mastercard Is Reportedly Planning to Acquire Stablecoin Infrastructure Provider Zerohash

Mastercard (NYSE: MA) is reportedly closing in on a $2 billion deal to acquire crypto-focused company Zerohash, according to an update from Fortune (which has cited sources familiar with the matter). Mastercard is now said to be in late-stage discussions with buy digital assets and… Read More

Vietnam Targets SME Credit Via Digital Rails

Vietnam is leaning on digital finance to lift productivity and widen access to credit as it chases high-income status by 2045, with regulators and lenders turning sandboxes and open-banking trials into near-term policy tools rather than distant ambitions. The two-day Digital Finance Inclusion Conference 2025,… Read More

Digital Banking: US Consumers Now Heavily Depend on Mobile Banking Apps – Research

MX Technologies, Inc. has recently released survey of 1,000+ U.S. consumers, revealing consumers are showing up on mobile every day — some, multiple times per day — but many financial services providers are said to be struggling to address increasing user expectations. Over half or… Read More

Experian Announces Acquisition of KYC360 to Enhance Fraud Prevention Solutions in the UK

Experian, the data and technology company, announced the acquisition of KYC360 in the United Kingdom as well as Ireland, which will aim to enhance its fraud and financial crime compliance solutions. Know Your Customer (KYC) and Know Your Business (KYB) are said to be foundational… Read More

HSBC Rolls Out Venture Banking in Singapore with $1.5bn War Chest

HSBC’s push into startup banking in Asia is gathering pace, adding competition for venture lenders in a market where funding has tightened and founders are leaning more on non-dilutive capital. The bank launched “HSBC Innovation Banking” in Singapore, earmarking a $1.5 billion pool to finance… Read More

BNPL Fintech Affirm Extends Capital Partnership with New York Life to Improve Access to Flexible Payments

Affirm (NASDAQ: AFRM), the payment network that enables consumers and helps merchants drive growth, announced an expansion of their long-term capital partnership with New York Life, America’s mutual life insurance company. Under the said agreement, New York Life is now set to purchase Affirm’s installment… Read More

Plynk Serve: Military Provides Investment Education to Service Members

Plynk, an app designed to simplify investing and empower users with intuitive tools, is expanding its mission with the launch of Plynk Serve: Military, a new in-app experience crafted specifically for veterans and active-duty service members. The customized onboarding experience offers a tailored pathway to… Read More

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