Tax Preparation Industry Is Undergoing Transformation Driven By Tech Advancements, Report Claims

The tax preparation industry is undergoing a transformative period, driven by evolving customer expectations and technological advancements. The J.D. Power U.S. Tax Preparation Satisfaction study provides a look at customer satisfaction among both do-it-yourself (DIY) and professionally advised tax filers. This survey evaluates key performance… Read More

Fintech Nuvei Leverages Stablecoin Rails to Enable Payouts in Emerging Markets

Nuvei announced an expansion of its money movement capabilities, enabling faster and more cost-effective payouts to bank accounts worldwide, including in emerging markets where traditional infrastructure causes delays and inefficiencies. By leveraging stablecoin rails to “facilitate the backend movement of value, Nuvei offers businesses a… Read More

Santander Moves to Create Native AI Bank, Partners with OpenAI

Global bank Santander shared its vision yesterday of becoming an AI-native bank, partnering with OpenAI to achieve this goal. In a blog post, Santander Chief Data & AI Officer Ricardo Martín Manjón explained that they seek to reshape banking by modernizing operations, providing a personalized, agile, and efficient banking… Read More

Global Fintech Wise and Google Aim to Make International Payments More Accessible

Fintech firm Wise (LON:WISE) will be joining Google’s new remittance experience as one of the key providers. Consumers in the U.S. will soon be able to “access Wise’s services, powered by Wise Platform,” Wise’s global infrastructure for banks and enterprises, “on Google Wallet online or… Read More

Apple Pay Added to Digital Assets Platform OKX

OKX says that Apple Pay is now available as a payment option on OKX for customers in the United States and the European Economic Area (EEA). Starting now, Apple Pay is fully integrated into the OKX Buy Crypto flow. Customers can use Apple Pay to… Read More

Bottomline’s Head of Risk and Fraud Technology Explains How AI is Driving New Regulations in Payments

The financial sector is in a technological arms race against increasingly sophisticated fraud, driven in large part by the pervasive application of Artificial Intelligence. As fraudsters leverage AI to scale and precision-target their attacks, regulators worldwide are taking notice, signaling a fundamental shift towards tougher… Read More

AI and Cloud focused Software Firm Kunai Acquired by PwC US

PwC US has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry. This proposed strategic acquisition aligns with PwC’s commitment to helping clients “reach… Read More

UK Government Alleges Amazon is Delaying Payments Harming Vendors

The UK government is claiming that Amazon is in breach of its “no delay in payments” rule, harming its UK-based vendors. In the UK, it is recognized that delayed payments to vendors can impact a company’s performance, especially for smaller firms. The Groceries Code Adjudicator… Read More

European Digital Bank, ClearBank, Partners with UK Fintech Algbra

ClearBank, a digital bank based in the Netherlands and authorized by the European Central Bank (ECB), has partnered with UK-based Algbra, a Fintech regulated by the UK Financial Conduct Authority (FCA). ClearBank is already authorized by the Prudential Regulation Authority and regulated by the FCA… Read More

Digital Assets : Sygnum Bank Announces Custody and Lending Solutions for SUI

Sygnum, a global digital asset banking group, announces a variety of custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with “a gateway to tap… Read More

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