Financial Infrastructure stories
The deal gives Tech Mahindra a stronger foothold in North American banking as institutions spend more on payments and wealth system upgrades.
Early uptake suggests crypto traders want analysis, execution and strategy in one place, with Bitget saying Gracy AI drew more than 460,000 users.
Banks risk falling behind as fragmented legacy estates slow AI and cloud gains, with modern core systems now key to growth and service delivery.
Credit market users in Asia-Pacific now have access to more than 1,800 issuers as volatility and private lending reshape funding choices.
Businesses can now move USDC through Nium's network and settle in fiat, cutting trapped liquidity across more than 190 countries.
Backing from Tether comes as stablecoins pass USD $300 billion in circulation, underlining investor appetite for their payments infrastructure.
The move gives the payments group a direct role in securing early transactions on a network built for real-time and machine-to-machine payments.
Customers can now track overseas payments in ANZ Plus, with near real-time transfers on some routes and extra scam protections added.
Borrowers in New Zealand could get quicker credit card approvals as Revolut taps regulated open banking data to replace paperwork with automated checks.
Four of New Zealand’s biggest lenders are testing AI-driven payments as Visa moves to safeguard shopping across merchants and platforms.
London will host LemFi's global operations as the fintech plans to hire more staff and expand compliance after pledging GBP £100 million in the UK.
Most high-volume British businesses still reconcile payments by hand, leaving finance teams with patchy visibility over costs and fund flows.
The move gives the London-headquartered group full control of Latvian lender data services as it plans to expand investment and products.
More than half of Americans used AI to manage money last year, as consumers increasingly expect financial apps to offer guidance, not just data.
Shoppers are abandoning purchases within minutes of outages, exposing retailers and venues to losses that quickly mount beyond GBP £1.7 billion a year.
Higher rates and tougher investor scrutiny are forcing mid-tier fintechs into sales, restructuring or shutdown as capital pools shrink.
Enterprises could cut reconciliation and liquidity headaches as Adyen folds pay-ins, payouts and treasury into one stack for global platforms.
South Korean bond buyers could see near real-time settlement if the pilot cuts the usual two-day wait and counterparty risk.
Customers can now move money in seconds at any time, as SoFi becomes one of the first banks to support both FedNow sending and receiving.
The appointment comes as the AI research provider expands internationally and tightens financial oversight for its 7,000 enterprise customers worldwide.