Mastercard has today released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness, opportunity and roadmap for responsible artificial intelligence (AI) adoption. The whitepaper provides detailed insights into how AI—if deployed responsibly and inclusively—can unlock transformative outcomes across the continent’s major industries, including agriculture, healthcare, education, energy and finance.

Marqeta, Inc. , the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced the successful completion of its acquisition of TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area.

Bank of America has named Christine Williams, Retail Banking business control executive, president of Myrtle Beach.

As president and head of the market, Christine will connect clients, teammates, and communities to the full power of the franchise and drive integration across the bank’s eight lines of business. She will oversee the company’s efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships.

Nuvei today announced that Chow Sang Sang Holdings International Limited (HKEX: 116), one of the most iconic jewelers in Greater China, has selected its global payments platform to drive the next phase of its international growth, staring with expansion into North America.

CLS, a financial market infrastructure group delivering settlement, processing and data solutions across the global FX ecosystem, announced today that OTP Bank Plc. (OTP Bank), has joined CLSSettlement as a settlement member. The Hungarian credit institution is the second new settlement member to join this year, bringing the total number of settlement members to 75.

Luigi Marciano, founder of Objectway, a leading provider of software and services to financial institutions across Europe, North America and the Middle East, along with Objectway’s management team and international private equity firm, Cinven, today announced an agreement under which Cinven will make a majority investment in Objectway. Luigi Marciano will remain a significant shareholder alongside Cinven, and continue in his role as CEO and Chair.

NCR Atleos Corporation reported financial results today for the three months ended June 30, 2025. Second quarter results and recent highlights include:

Small businesses could boost their savings by up to £190 a year by being more aware of how interest rates are structured on business savings accounts, according to new analysis by Moneybox using data from Moneyfacts. The findings highlight a significant opportunity for small businesses to improve their cash flow by making simple, informed decisions about where to hold their funds.

Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the successful migration of all banking customers to the ISO 20022 messaging format for the Fedwire Funds Service, which includes financial institutions ranging from a few billion dollars in assets to multiple trillion-dollar systemically important financial institutions (SIFIs).