February 3, 2025 @ 8:10 am By Omar Faridi  |  

Lloyds Banking Group has announced important updates that focus on enhancing its artificial intelligence (AI) related capabilities. Lloyds Banking Group appointed Magdalena Lis as Head of Responsible Artificial Intelligence (AI), starting on 3 February 2025. This follows the appointment of Dr Rohit Dhawan as Director… Read More

 Tagged ai, artificial intelligence, lloyds banking group, uk, united kingdom

February 3, 2025 @ 8:09 am By Omar Faridi  |  

European digital bank N26 has recently announced the completion of its conversion from a German Stock Corporation (Aktiengesellschaft, AG) to a European Company (Societas Europaea, SE). N26 noted in the update that this step reflects the company’s commitment to evolving its corporate governance and “aligning… Read More

 Tagged berlin, digital bank, europe, germany, n26

February 2, 2025 @ 11:33 pm By Omar Faridi  |  

Bondster, a Czech investment platform, has become a member of the Czech Fintech Association (CFA), which supports the development of technologies in financial services. Bondster thus confirms its vision to be a key player in accessible investing. Petr Polenda, CEO of Bondster said: “Joining the… Read More

 Tagged bondster, czech fintech association, financial services, investment platforms

February 2, 2025 @ 7:54 pm By Omar Faridi  |  

Cedar Money, a payments company that enables cross-border money movement on stablecoins, announced a $9.9 million seed round led by QED Investors, with contributions from North Island Ventures, Wischoff Ventures, Lattice, and Stellar. The proceeds from the investment round will enable Cedar Money to accelerate… Read More

 Tagged cedar money, payments, qed investors, stablecoins

February 2, 2025 @ 5:53 pm By Omar Faridi  |  

Euroclear has announced a 7-year partnership with Microsoft (NASDAQ:MSFT) to transform Euroclear clients’ experience and drive new opportunities for growth. The partnership strengthens Euroclear’s business ecosystem and technology infrastructure by leveraging Microsoft’s tech, expertise and cloud services. This will enhance Euroclear’s ability to create value… Read More

 Tagged ai, cloud, euroclear, microsoft

February 2, 2025 @ 5:48 pm By Omar Faridi  |  

ADGM, the UAE capital’s international financial centre, has officially launched its all-in-one mobile App, which is set to redefine how businesses, employees, and residents engage within the financial district. Designed to streamline connectivity, the app reportedly provides seamless access to various tools and services, “enhancing… Read More

 Tagged abu dhabi, adgm, financial services, uae

February 2, 2025 @ 5:47 pm By Omar Faridi  |  

Enable Banking, the open banking provider offering business account connectivity and account-to-account payment infrastructure, has partnered with Qred Bank, a provider of financing solutions tailored to entrepreneurs’ needs. Qred specializes in delivering “flexible” financing, enabling entrepreneurs to focus on growing their businesses without the “constraints… Read More

 Tagged enable banking, europe, financing, open banking, qred

February 2, 2025 @ 5:44 pm By Michael Wong  |  

InfiniVAN Inc., a telecommunications arm of IPS, Inc., has joined forces with Maybank Philippines Inc. in a bid to upgrade the bank’s financial services and enhance its security framework through advanced internet solutions. The collaboration follows the successful completion of the Philippine Domestic Submarine Cable… Read More

 Tagged digital banking, fintech, INFINIVAN, Maybank Philippines, Philippines

February 2, 2025 @ 5:39 pm By Michael Wong  |  

Egypt-based fintech Halan Microfinance Bank has expanded its footprint into Pakistan following its acquisition of Advance Microfinance Bank. The deal provides Halan with an existing license and a rapid route into one of South Asia’s fastest-growing microfinance sectors, according to an announcement. The company announced… Read More

 Tagged digital bank, egypt, fintech, Halan Microfinance, microfinance, pakistan

February 2, 2025 @ 5:35 pm By Omar Faridi  |  

Jude Pinto, Chief Delivery Officer at Payments Canada, provides a quarterly update on the Real-Time Rail (RTR), sharing the program’s progress to date and future direction over the coming 3 months. Since their update in Q4 2024, Payments Canada and their delivery partners, CGI, IBM… Read More

 Tagged digital payments, digital technology, payments canada, real-time transactions