October 25, 2025 @ 8:22 pm By Omar Faridi  |  

Generative artificial intelligence is now said to be reshaping the financial sector, emerging as a sophisticated tool in transforming how credit risk is being assessed. This, according to a report from OliverWyman which also noted that by moving further beyond traditional linear models, generative AI… Read More

October 25, 2025 @ 6:26 pm By Michael Wong  |  

Nigeria’s central bank convened a strategic fintech roundtable on the sidelines of the IMF–World Bank Annual Meetings in Washington this week, reaffirming a collaborative, innovation-driven approach to developing the country’s financial system while pledging to preserve stability and confidence. The Central Bank of Nigeria (CBN)… Read More

October 25, 2025 @ 5:21 pm By Omar Faridi  |  

The next 5  years could potentially transform corporate and investment banking (CIB) as non-bank financial institutions (NBFIs) continue to expand their operations across trading, advisory, as well as lending. A report by Boston Consulting Group (BCG) indicates that NBFIs will account for “20% of global… Read More

October 25, 2025 @ 4:33 pm By Michael Wong  |  

Thai authorities raided a Worldcoin-linked iris-scanning site and arrested suspects on allegations they operated unlicensed exchange services for the project’s WLD token, the Securities and Exchange Commission (SEC) said after a joint operation with the Cyber Crime Investigation Bureau (CCIB). The move is part of… Read More

October 25, 2025 @ 4:25 pm By Omar Faridi  |  

Ripple has announced its plans earlier this year to acquire Hidden Road, one of the non-bank prime brokers, providing institutions a “one-stop-shop” for services such as clearing, prime brokerage, and financing across foreign exchange, digital assets, derivatives, swaps, and fixed income. Ripple noted in a… Read More

October 25, 2025 @ 4:24 pm By Omar Faridi  |  

Around 800 investors in Spain have reportedly backed various equity deals this year so far, creating a more competitive environment where strategic positioning is considered to be crucial. This, according to an update from CB Insights which noted that to differentiate themselves, companies such as… Read More

October 25, 2025 @ 4:11 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently announced the expansion of its Installments Payment Services to include Citi’s portfolio of branded credit cards in the U.S., bringing millions of cardmembers more access to payment flexibility at the point of sale. Via Citi Flex Pay, cardmembers are able… Read More

October 25, 2025 @ 4:08 pm By Omar Faridi  |  

Public markets are reportedly leading in Italy as private capital activity rebounds in a more selective manner. This, according to an update from the researchers at PitchBook. As stated in the latest report, Italy’s economy faced a mixed Q3, with GDP stagnating and exports “softening”… Read More

October 25, 2025 @ 3:09 pm By Omar Faridi  |  

The majority or 84% of workers are eager to adopt agentic AI in their current role, however, most or 56% are concerned about their own job security working alongside AI agents, highlighting a seemingly urgent “disconnect.” Employees are prepared and keen to leverage agentic AI,… Read More

October 25, 2025 @ 2:55 pm By Tony Zerucha  |  

UnifyApps this week announced a $50 million Series B led by WestBridge Capital with participation from ICONIQ and others. The new capital brings UnifyApps’ total funding to $81 million and marks a new phase of scale with Ragy Thomas joining as chairman and co-CEO, alongside… Read More

October 25, 2025 @ 1:30 pm By Omar Faridi  |  

Spark, a DeFi lending platform & onchain asset allocator, reportedly allotted $100 million of its stablecoin reserves into Superstate’s USCC fund, a regulated crypto basis trading product that generates yield from price differentials between spot and futures markets. This update is said to mark one… Read More

October 25, 2025 @ 11:45 am By Tony Zerucha  |  

According to a new study commissioned by Green Dot (NYSE: GDOT) and conducted by PYMNTS.com, 94% of enterprises plan to increase their investments in embedded finance, with three out of four planning to increase investments in the next 12 months. Companies are focused on enhancing… Read More

October 25, 2025 @ 11:43 am By Omar Faridi  |  

KPMG UK has recently shared some insights on the latest inflation data According to Yael Selfin, the Chief Economist at KPMG UK, the unchanged inflation rate ensures interest rate cut remains on the table for the current year. Selfin added that the recent data is… Read More

October 25, 2025 @ 11:41 am By Michael Wong  |  

MultiBank Group said it has entered an exclusive worldwide joint venture with former UFC champion Khabib Nurmagomedov to build a regulated ecosystem at the intersection of finance, sport and technology, as the derivatives broker seeks to extend its brand beyond trading into real-world assets and… Read More

October 25, 2025 @ 11:39 am By Tony Zerucha  |  

Gr4vy, a cloud-based payment orchestration platform, has announced its collaboration with Mastercard to optimize and streamline payment capabilities for global merchants and platforms. The partnership enables merchant customers to integrate Mastercard Merchant Cloud to access advanced payment solutions, including network tokenization, Click to Pay, and… Read More

October 25, 2025 @ 11:37 am By Michael Wong  |  

Pave Bank, a fully licensed commercial bank built for this new financial architecture, said it has raised more than $39 million in a round led by Accel. The fresh funding will help scale what it calls the world’s first programmable commercial bank built to operate… Read More

October 25, 2025 @ 11:22 am By Omar Faridi  |  

May Mobility, Inc., an autonomous vehicle tech firm, and Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s superapp, announced their partnership with intentions to introduce autonomous vehicle services in Southeast Asia. This latest partnership reportedly includes an investment by Grab into May Mobility, backing the AV… Read More

October 25, 2025 @ 3:54 am By Omar Faridi  |  

BNY Mellon (NYSE: BK) said that they polled community banks across the US on everything from their investment priorities for the next year (such as AI and RTP) to what they need to best serve various client segments. During the last year, BNY launched its… Read More

October 25, 2025 @ 2:37 am By Tony Zerucha  |  

Splitwise, an app for sharing bills and expenses, and Tink have expanded their partnership across Europe. Building on strong momentum in the UK, where Splitwise has seen a 150% increase in Tink account checks and payment initiations this year, the expansion means users in France, Germany,… Read More

October 25, 2025 @ 1:15 am By Omar Faridi  |  

LSEG announced that 11 global banks (together, the Investing Banks) have agreed to invest in its Post Trade Solutions business, acquiring a 20% stake. The Investing Banks will each now become shareholders in Post Trade Solutions, acquiring the stake for “aggregate cash consideration of £170… Read More