News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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Clear, Simple Product Design Fuels Fintech Customer Growth
In a recent post on the ABA Banking Journal, it was explained how strategic product design can fuel customer growth. The key takeaway is that clarity and simplicity are pivotal in demonstrating the benefits of each product to customers and prospects. Many fintech companies pour abundant resources into developing innovative and advanced products. However, without…
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Open Data’s Impact on US Banking Regulations Explored
Regulation plays a crucial role in financial activities, and its impact can often limit the sector’s potential. Recently, the U.S. banking industry has shown interest in the role of open data and its influence on the regulatory framework. The question is, what is the impact of open data on U.S. banking? Open data is based…
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Money20/20 Middle East 2025 Day One Highlights Unveiled
The Money20/20 Middle East 2025 in Riyadh kicked off with a bang. Riveting news and stimulating debates marked the opening day, paving the way for the rest of the event. Noteworthy presentations were delivered by Tamara, Google, and Ant International. Each brought unique insights and inventive strategies to the fintech scene. Tamara, a leading ‘buy…
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Christopher Horne Leads Bank of London to Fintech Success
Christopher Horne, at the helm of the UK’s sixth clearing bank, The Bank of London, has made a significant impact on the financial landscape. His leadership has brought forward several opportunities in the payments and fintech sector. Under Horne’s guidance, The Bank of London has distinguished itself in the crowded banking sector. Especially in payments…
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ABA Urges Lawmakers to Extend National Flood Insurance
The ABA (American Bankers Association) recently urged lawmakers to extend the National Flood Insurance Program (NFIP) for a five-year term. They believe this move will modernise the program, bolster its stability, and enhance affordability for consumers. Additionally, the ABA advocates for stronger compliance measures under the Flood Disaster Protection Act. The NFIP plays a significant…
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US Senate Confirms Stephen Miran to Federal Reserve Board
The United States Senate recently confirmed Stephen Miran, an economist, to join the Federal Reserve board. This appointment fills an empty seat, strengthening the central bank’s control over financial and monetary policies. The Federal Reserve board shoulders the hefty task of guiding the nation’s monetary policy. This includes managing inflation, ensuring full employment, and stabilizing…
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EBANX and Capitec Pay Introduce Open Banking in SA
EBANX and Capitec Pay have joined forces to bring open banking solutions to South Africa’s cross-border e-commerce. This partnership is a game-changer, enabling real-time account-to-account (A2A) payments and revolutionising the e-commerce landscape. Open banking, a hot topic in the fintech world, allows different networks and systems to share data. Now, thanks to EBANX and Capitec…
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FCA’s Jane Moore to Discuss Digital Asset Regulation at London Blockchain Conference
The London Blockchain Conference will feature a key presentation on digital asset regulation by Jane Moore from the Financial Conduct Authority (FCA). This session offers attendees a unique opportunity to gain insights into regulation and innovation from the regulator’s viewpoint. As the UK’s primary financial regulatory body, the FCA plays a leading role in shaping…
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ClearBank Expands Services for UK Corporate Businesses
ClearBank, a leading UK challenger bank, recently announced its expansion into the corporate sector. The bank plans to offer real-time and embedded banking solutions to UK corporate businesses, broadening its service scope. ClearBank’s expansion underlines its commitment to banking innovation and service efficiency. It further cements its position as a prominent fintech player in the…
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Crown Agents Bank Leverages AI for Transaction Screening
Crown Agents Bank recently embraced artificial intelligence to improve their transaction screening process. They specifically employed WorkFusion‘s AI agent, Tara, to automate tasks once handled by humans. This initiative aims to minimize false positives in sanctions alerts, a prevalent issue among financial institutions today. By implementing Tara, Crown Agents Bank expects a substantial decrease in…
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Entrust Expands Mastercard Collaboration for Enhanced Fraud Detection
Entrust has expanded its partnership with Mastercard to improve fraud detection during digital account onboarding. They aim to use Entrust’s identity insights to boost transaction integrity and user authentication. Adding Entrust’s identity insights to Mastercard’s infrastructure is a novel way to lower fraud risks during account onboarding. This stage is crucial, as it’s when users…
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MANTL and Taktile Partner to Automate Credit Underwriting
MANTL and Taktile have forged a significant partnership for the fintech sector. They aim to automate credit underwriting and decision-making processes for community banks and credit unions. This alliance unites two fintech powerhouses, transforming local financial institutions’ operations. MANTL and Taktile’s collaboration aims to simplify the often tedious process of credit underwriting. They plan to…
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Accenture, Google Cloud and Eneva Boost Brazil’s Energy Scene
Noted professional services firm Accenture has recently made headlines for its dedication to product development in Latin America. In a recent collaboration with Google Cloud, they aim to transform Brazil’s energy sector. This partnership also involves Eneva, a leading private natural gas operator in the region. The ultimate objective is to enhance energy solutions in…
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Tether Launches USAâ‚®, a US-Regulated Stablecoin in 2025
On September 12, 2025, Tether made a monumental announcement. They launched USAâ‚®, a US-regulated stablecoin. This move indicates a significant strategy change for Tether, a notable stablecoin issuer. It aims to gain regulatory trust and strengthen the dollar’s dominance in digital finance, moving away from its scrutinized offshore operations. USAâ‚® is a dollar-backed stablecoin, operating…
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EY Unveils AI Solution EYGP to Drive Business Growth
Ernst & Young LLP (EY) recently launched a new AI-enabled solution, EY Growth Platforms (EYGP). Powered by the latest neurosymbolic AI technology from EY-Parthenon practice, EYGP aims to help businesses spot untapped opportunities, predict market changes, and unlock large-scale revenue. Neurosymbolic AI, a fresh concept in artificial intelligence, blends the strengths of symbolic AI and…
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EWS Considers Launching Own Stablecoin in Crypto Move
Early Warning Services (EWS), the consortium behind the renowned P2P payment platform Zelle, reportedly has its sights set on the cryptocurrency market. Interestingly, they are mulling over launching their own stablecoin, a digital currency typically tied to a stable asset like traditional currency to limit volatility. Although still in the early stages, this project could…
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Thunes Launches Real-Time Payments Service in Morocco
Global payments provider, Thunes, has expanded its services to Morocco. They now offer real-time payments in Moroccan dirhams, directly into local bank accounts. This significant move grants Thunes Direct Global Network members better access to Morocco’s fast-growing digital economy. The move by Thunes addresses the fast-paced digitisation of Morocco’s economy. It offers a useful tool…
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Hargreaves Lansdown Data Shows £276m Boost in European Funds
Investors have exhibited renewed interest in European funds in 2025, as revealed by data from Hargreaves Lansdown. The data highlights a significant £276 million swing from outflows in the previous year to robust inflows this year. This change indicates a shifting investor sentiment, with a growing preference towards European funds. Previously, European funds saw a…
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Trustly and Episode Six Bring Pay by Bank to US
Trustly recently joined forces with Episode Six to introduce Pay by Bank to US merchants. This strategic alliance aims to speed up the adoption of Pay by Bank in the US. It plans to do so by utilizing existing card rails, thus cutting down costs. Trustly, known for its innovative online banking payment solutions, has…
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N26 Co-CEO Valentin Stalf to Join Supervisory Board in 2025
N26 co-founder and Co-CEO, Valentin Stalf, has announced a significant role change. He intends to step down from his executive role in 2025 and join the N26 SE Supervisory Board. This move marks a notable milestone, following nearly 12 years of leadership. This shift signifies a fresh chapter for both Stalf and N26. Stalf, as…
