Fintech
Innovation in financial technology — digital payments, neobanks, blockchain, and more.
SoFi launches SOFIE deposit token paying 4.40% APY to consumers
SoFi Technologies launches SoFi Earn (SOFIE), a tokenized deposit paying 4.40% APY with each token representing $1 held at SoFi Bank, rolling out to SoFi Crypto members through November.
Danske Bank lets business customers connect AI agents to its Premium APIs
Danske Bank is linking customers' AI assistants directly to its Premium APIs through a Model Context Protocol server, so they can check balances and build cash-flow forecasts with simple prompts.
Google Cloud ended London incident after power event disrupted UK banks
Google ended the London cloud incident after a power event disrupted applications at Revolut, Lloyds, Halifax and HSBC, although its status page said a very small number of customers remained affected.
Google Cloud outage disrupts Revolut payments and app access across Europe
Revolut reported partial outages across card payments, cash withdrawals, transfers and account access as a Google Cloud disruption affected its London region and other European services.
Huntington launched Google-powered AI operating system for US small businesses
Huntington launched its 1866 Studio, using Google Cloud’s Gemini platform to give US small-business owners AI workflows for planning, marketing and financing readiness, with early-access registration opening on 19 October.
Mynt shares rose on record Philippine GCash IPO market debut
Mynt shares rose as much as 2.4% on their Philippine debut after the GCash owner completed a record initial public offering that raised 60.9 billion pesos.
Santander cut AI serving costs under three-year Nvidia collaboration framework
Santander said specialised AI models cut selected serving costs from about €5 to €0.03 per interaction, as the Spanish bank agreed a three-year Nvidia collaboration.
Mastercard and BVNK launch Global Money Platform for stablecoin and fiat accounts
Mastercard and BVNK's single-API platform lets banks embed fiat and stablecoin accounts, cards and payouts under their own brand, with card issuing in 130-plus countries.
BBVA and Santander Completed €150 Million Blockchain Loan for Iberdrola
BBVA and Santander completed a €150 million syndicated loan for Iberdrola using a blockchain platform that records and manages the transaction’s full contractual lifecycle digitally.
IMF and World Bank launched global blueprint against cyber-enabled financial fraud
The IMF, World Bank and Bank of Thailand launched a fraud-resilience framework for financial services as officials estimated digital scams cost the global economy about $1 trillion annually.
Airtel Money completed London admission as all 2.7 billion shares began trading
Airtel Money’s full share capital entered unconditional London trading on 14 October, completing admission of 2.7 billion shares after conditional dealings began five days earlier.
Commonwealth Bank rolled out AI assistant and urged Australian safeguards
Commonwealth Bank began rolling out an AI assistant inside its banking app while CEO Matt Comyn said Australia needed safeguards to retain more of the technology’s domestic economic value.