Latest News – Page 18

UK Banks Prepare for Live Pilot of Tokenized Sterling Deposits

The UK's leading banks are launching a pilot initiative aimed at facilitating the first live transactions of tokenized sterling deposits (GBTD). These tokenized deposits serve...

Santander Launches BNPL Service for Amazon Purchases in Spain

Banco Santander has introduced its buy now, pay later service, Zinia, in Spain, initially focusing on installment payments for Amazon purchases. With Zinia, Amazon shoppers...

WeLab Partners with Google to Drive AI Innovation in Asia

Asian fintech company WeLab has formed a strategic partnership with Google to drive AI-powered banking solutions across the region. By utilizing Google AI models and...

Ebury Set to Revive IPO Plans

Santander-backed Ebury is reportedly reviving its plans for an initial public offering in London, aiming for a valuation of $2 billion. The firm, which provides...

Klarna Celebrates One Million Debit Card Sign-Ups in the U.S.

Over a million Americans have registered for Klarna's debit card within just eleven weeks of its launch. Launched in the US on July 4, the...

PayPal Sets $100 Million Investment Commitment for the Middle East and Africa

PayPal has allocated $100 million to expand its business in the Middle East and Africa. The strategic investment will be utilized through a combination of...

Finextra and ACI Worldwide Unveil Groundbreaking Global Research on the Future of Payments

Finextra Research has released its latest global survey report, "Payments 2030: What’s shaping the future?", which examines how organizations are aligning their payments strategies with...

BIS Researchers Leverage AI to Predict Financial Market Disruptions

Researchers from the Bank for International Settlements have utilized AI to generate daily forecasts of market dysfunction up to 60 business days in advance. Predicting...

Euro Stablecoin: A Game Changer for the Music Industry through Tokenized Royalties

New Euro Denominated Stablecoin Launch: Insights from ING Following the announcement that nine European banks are collaborating to launch a Euro-denominated stablecoin, Finextra engaged with...

EBA Clearing’s FPAD Verification of Payee Service is Set for Expansion

EBA Clearing has announced that the testing for its Fraud Pattern Anomaly Detection (FPAD) Verification of Payee (VoP) solution has confirmed its readiness for scaling....