US Faster Payments Council Releases Resource for Instant Payment Sending Capabilities

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the US, announced the release of an industry resource, Operational Considerations for Sending Instant Payments Guideline. Produced by the FPC’s Operational Considerations Work Group (OCWG), sponsored by Endava, the resource… Read More

Euroclear and Clearstream Aim to Digitize Eurobond Market

In a significant week for the European financial infrastructure ecosystem, recent announcements coming from Euroclear underscore the accelerating shift toward digital efficiency in capital markets. Earlier this month, Novo Banco, one of Portugal’s largest lenders, selected Euroclear FundsPlace as its fund distribution platform, so that… Read More

Core Banking Transformation Examined in Report Focused on SAP Fioneer

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

Digital Identity : Saudi Arabia’s SAMA Approves “Visitor ID” for Opening Bank Accounts

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

European Stablecoin Consortium: Banks including Caixabank to Issue Euro Denominated Stablecoin

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

Worktech DailyPay Introduces Offering to Help Consumers Save on Large Recurring Bills

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

ValidiFI Research Highlights Risk of Outdated Fraud Strategies

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

Akkuro, Backbase Tackle Legacy System AI Problems

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

Stablecoin Payments Firm RedotPay Announces $47M Investment

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

Exegy Research Quantifies Tech Costs, Compares In-House, Vendor Solutions

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

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