Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
Ghana, UK Launch Digital Corridor to Bridge $7B Trade Gap
Ghana and the UK have kicked off talks on a digital trade finance corridor via the Neofingo network, targeting the West African nation's $7 billion annual trade finance shortfall. The initiative promises to empower SMEs with shared digital tools for global trade.
Rhinebeck Bank Teams with MANTL for Faster Digital Onboarding
Rhinebeck Bank has partnered with MANTL, an Alkami solution, to streamline business and retail account opening across digital and physical channels. The move promises accounts in under five minutes for consumers, boosting efficiency and customer satisfaction.
Ripple Secures Path to Australian Payments Regulation Through BC Payments Deal
Blockchain infrastructure provider Ripple is acquiring BC Payments Australia to obtain an Australian Financial Services Licence, enabling direct settlement oversight and optimized transaction routing for its global payments platform.
Germany's Solaris Pivots to AI-Native Banking with SBI Backing
Germany's Solaris is slashing 20% of staff to fund its transformation into Europe's first AI-native bank, backed by majority owner SBI Group. New CEO Steffen Jentsch aims to automate processes with AI agents while humans oversee governance.[178 characters]
Saudi Central Bank Commences Licensing of Fintechs for Open Banking Services After Successful Sandbox Phase
SAMA has formally begun licensing fintech companies to provide open banking services in Saudi Arabia following completion of a successful regulatory sandbox phase.
Bulgaria's BORICA Executes Flawless Euro Payments Transition
Bulgaria's national payments operator processed over 930,000 transactions worth €42 million in the first 48 hours of euro adoption, with zero downtime and the first ATM withdrawal occurring just 20 seconds after midnight.
Mastercard and Scale Simplify African Card Issuance for Fintechs
Mastercard and Scale are removing barriers to card programme launches across five African nations, introducing a unified integration model that streamlines the traditionally complex process of issuing virtual and physical cards for fintech companies and non-financial institutions.
UK Fintech Bank of London Hit with £2m Fraud Fine
The UK's Bank of London, a key clearing house fintech, faces a £2 million penalty from regulators for using fraudulent documents to misrepresent its capital position, in a landmark case testing business integrity rules.
Asia Payments Group, Monash University Forge Three-Year Research Pact
Emerging Payments Association Asia and Monash University Malaysia have launched a three-year partnership targeting quantum-safe cryptography, stablecoins, fraud prevention, and remittances to shape Asia-Pacific payments policy. The pact bridges academia and industry amid rapid digital finance evo...
Komainu, FundBank Partner for Institutional Fiat-Digital Ramps
Komainu has onboarded with FundBank to streamline fiat-digital asset on- and off-ramping for institutions. The partnership enhances custody with efficient funding and settlement while upholding security and compliance standards.
Philippines Producers Bank Taps Infosys Finacle for Digital Overhaul
Producers Savings Bank Corporation in the Philippines has selected Infosys Finacle's core banking and origination solutions to modernize its operations and expand lending to SMEs and retail clients. The decade-long partnership aims to boost financial inclusion amid the country's accelerating digi...
Circle Teams with Sasai Fintech to Boost USDC in Africa
Circle Internet Group has partnered with Sasai Fintech, part of Cassava Technologies, to integrate USDC into digital payments across Africa, slashing costs and settlement times for remittances and business transfers in 30+ countries. The move taps booming stablecoin demand amid currency volatility.