The Depository Trust & Clearing Corporation (DTCC) announced that its National Securities Clearing Corporation (NSCC) subsidiary has successfully launched extended clearing operations on a near-continuous 24×5 schedule. Clearing services now run from Sunday at 8:00 p.m. Eastern Time through Friday at 8:00 p.m. ET, enabling… Read More
Tagged digital transactions, dtcc, nscc, trading
Mizrahi Tefahot Bank has become the first financial institution based in Israel to roll out a contactless system for withdrawing cash from automated teller machines. Customers can now access funds by tapping a smartphone, smartwatch, payment ring, or bracelet against the machine, eliminating the need… Read More
Tagged banking, cash, contactless, israel, mizrahi tefahot
Lloyds Banking Group announced on 26 June 2026 that its co-investment partnership with Legal & General (L&G) has surpassed £1.5 billion in total participations since its launch in December 2022. The milestone highlights growing collaboration between traditional banks and large institutional investors to meet rising… Read More
Tagged l&g, lloyds banking group, uk, united kingdom
Private credit firms are pouring billions into buy now, pay later (BNPL) financing, helping the sector expand rapidly even as regulators, credit rating agencies, and analysts highlight growing risks to consumer finances. BNPL services let shoppers split purchases into smaller installments / more flexible payments,… Read More
Tagged bnpl, buy now pay later, lending, loans, private credit
The Consumer Financial Protection Bureau (CFPB) is developing a revised open banking proposal that would allow consumers to share their bank and credit card data with fintech companies at no initial cost, while permitting banks to charge those companies for access once a certain volume of… Read More
Tagged banking, cfpb, consumer financial protection bureau, fintech, us
The Philippines is accelerating its shift toward digital financial inclusion by integrating fintech platforms into government assistance programs. A key example is the recent collaboration between the Land Transportation Franchising and Regulatory Board (LTFRB) and Maya, which enables the electronic delivery of fuel subsidies to… Read More
Tagged digital financial services, digital wallets, Philippines, southeast asia
The Retail Payments Infrastructure Board (RPIB) has opened a consultation to help shape the blueprint for the UK’s next-generation retail payments infrastructure. Launched on 25 June 2026, the process invites feedback on how a new core system can deliver greater resilience, broader user choice, and… Read More
Tagged payments, rpib, uk, united kingdom
Governor J.B. Pritzker signed legislation on June 25, 2026, establishing the first comprehensive state-level framework to regulate Buy Now, Pay Later (BNPL) services in Illinois. The measure, Senate Bill 3561, creates the Buy-Now-Pay-Later Loan Consumer Protection Act and places short-term financing products under the supervision… Read More
Tagged bnpl, buy now pay later, illinois, payments, regulation
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore have jointly published the Phase 1 report of the PayNow Generation 2 initiative, charting a clear path to evolve the nation’s flagship instant payments platform. Released on 25 June 2026, the document… Read More
Tagged mas, monetary authority of singapore, payments, southeast asia
Treasury Prime introduces Prime Cash Prime Cash allows Fintech partners to offer customers more ways to add cash directly to digital accounts. The solution is powered by Green Dot’s (NYSE: GDOT) embedded finance platform, Arc. Through Prime Cash, fintechs built on Treasury Prime’s platform may… Read More
Tagged MiniPay, parafin, Stablecore, swift, treasury prime, visa, zelis
Judges Select Four Companies From 15 Applicants for SuperCrowd26 Live Pitch
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