"Circle Internet Group, Inc. announced Circle Payments Network (CPN) to connect financial institutions – banks, neo-banks, payment service providers, virtual asset service providers and digital wallets – and enable real-time settlement of cross-border payments using...
Affirm Expands Credit Reporting with TransUnion to All Pay-Over-Time Products
"Affirm Holdings, Inc. is expanding the credit reporting of its pay-over-time products to TransUnion, the companies jointly announced. All Affirm pay-over-time loans issued from May 1, 2025 onward, including Pay in 4 and longer-term monthly installments, will be...
Curve Pay Launches on Android – The Wallet with Total Bank Coverage, Superior Spending Insights and Zero Foreign Exchange Fees
"Curve Pay brings Android users unmatched spending visibility, comprehensive bank and card coverage, zero foreign transaction fees on all linked cards, and advanced money management tools, setting a new standard for convenience, security, and savings in mobile...
Capital One and Discover Merger Gains Approval in Jawdropping Deal
"The Capital One and Discover deal received the final regulatory approval and will close on May 18. Combined, the two companies will have $660 billion in assets...What this means: The megadeal will dramatically shake up the payments and banking industries. Capital One...
Fast Payments in Action: Emerging Lessons From Brazil and India
"As the rise of instant payment systems transforms the global financial sector, more governments are considering launching their own central bank-led immediate payment systems. Pix and Unified Payments Interface (UPI), Brazil and India’s respective instant payment...
Agentic AI: The Evolution of Autonomous Fraud Detection
"Fraudsters have consistently positioned themselves at the cutting edge of technological innovation. With the recent explosion in AI capabilities—spanning large language models (LLMs), Generative AI, and now Agentic AI—criminal actors are leveraging advanced...
Digital Wallets Poised To Overtake Credit Cards in Hong Kong by 2030: Report
"A survey found that 42 per cent of Hongkongers use Alipay and 22 per cent use Apple Pay, but credit cards are likely to remain relevant"
Central Bank of Kenya Lifts 10-Year Ban on New Bank Licences
"Starting July 1, 2025, the regulator will begin accepting applications for fresh banking licences, ending a moratorium that began in 2015 following the collapse of Dubai Bank and Imperial Bank, which shook public confidence in the sector."
VantageScore Expands New Open-Banking Credit Score for Lending to Underserved Borrowers
"VantageScore announced the expansion of their groundbreaking VantageScore 4plus pilot program for lenders launched in partnership with Credit Builders Alliance. The pilot leverages the industry leading VantageScore 4.0 credit score with open banking data to deliver...
Mastercard: Start Path’s Emerging Fintech Program Welcomes 8 New Startups
"Eight startups join Start Path, Mastercard’s award-winning startup engagement program: LetMePark, UbiRider, Asistobe, it’s electric, Krowd, Bluespine, ipaymy and Dataiera. As the newest additions to Start Path’s global portfolio — which is comprised of more than 450...