Category: Payments and Digital Banking

MoneyGram has partnered with Mastercard to transform digital money transfers, enhancing customer experiences through faster, secure, and near real-time transactions. By integrating Mastercard Move, MoneyGram…

The Hong Kong Government has introduced the Banking (Amendment) Bill 2025 to enhance the fight against financial crime, particularly money laundering and terrorist financing. Key…

On March 31, OpenAI raised a historic US$40 billion in a private funding round, valuing the company at US$300 billion. Led by SoftBank and supported…

Allfunds has launched Nextportfolio 4, a major upgrade enhancing its subscription services for wealth managers, advisors, and portfolio managers. This version leverages advanced AI technology…

Standard Chartered has launched SC GPT, a pioneering GenAI tool designed to improve operational efficiency and client engagement across 41 global markets. Supporting over 70,000…

Deutsche Bank’s investment division, DWS, has been fined €25 million (about $27 million) by the Frankfurt prosecutor’s office for allegedly misrepresenting its sustainable investment practices.…

myTU, an AI-native digital bank, has launched Google Pay, allowing customers to integrate debit cards with Google Wallet for faster and more secure transactions. This…

In 2024, the global economy saw over $3.1 trillion in illicit funds, with money mules playing a key role in laundering these transactions. Financial institutions…

Trustfull has launched its innovative Login Solution to combat the escalating threat of account takeover (ATO) fraud, which has increased by 24% in 2024, leading…

London-based Zepz, parent company of remittance services WorldRemit and Sendwave, has secured €152 million in credit facilities to enhance its competitive edge in the remittance…