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General Bank of Canada Selects Thought Machine to Power ‘Bank that Can Stand for Generations’ Vision in Canada

General Bank of Canada (GBC), a Schedule 1 chartered western Canadian bank, is partnering with Thought Machine, the next-generation banking technology company. This collaboration is a cornerstone of GBC's vision, marking a fundamental shift to a modern, cloud-native technology architecture.

Tuesday, October 28, 2025 - 14:00
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Financial IT
Supermicro, Intel and Micron Collaborate on Record-Breaking Results for the STAC-M3™ Quantitative Trading Benchmark

Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, today announced record-breaking results for the STAC-M3 benchmark, in collaboration with Intel and Micron, at the STAC Summit in New York City. STAC, an independent testing organization focused on the financial industry, leads the STAC Benchmark™ Council with over 500 financial services institutions and more than 70 technology companies participating. 

Tuesday, October 28, 2025 - 13:52
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Financial IT
Flagright Selected by Webull for Real-Time Transaction Monitoring and AML Compliance

Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome Webull, an online investment platform, as its newest client. Webull will utilize Flagright’s AI-native transaction monitoring and AML compliance solutions – including AML screening, customer risk scoring, case management, and AI forensics – to further strengthen the AML framework.

Tuesday, October 28, 2025 - 13:40
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Financial IT
Unlimit Offers Apple Pay for Disbursements

Unlimit, the global fintech company, today announced that Apple Pay is now available for disbursements. Unlimit's platform enables its business partners across Europe to provide their retail customers the ability to seamlessly convert their crypto into fiat — a major step in Web3’s pursuit of increased accessibility and mass consumer adoption. By integrating the Apple Pay Transfer Funds API into the Unlimit platform, retail customers using Unlimit can seamlessly transfer their fiat funds to eligible Apple Pay cards.

Tuesday, October 28, 2025 - 11:49
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Financial IT
OpenAI and PayPal Team Up to Power Instant Checkout and Agentic Commerce in ChatGPT

PayPal, Inc. today announced it will adopt the Agentic Commerce Protocol (ACP) to expand payments and commerce in ChatGPT. Millions of ChatGPT users will be able to check out instantly using PayPal, and PayPal will support payments processing for merchants leveraging OpenAI Instant Checkout. PayPal will also connect its global merchant network to OpenAI, creating a platform for tens of millions of small businesses and the largest brands in the world to sell within ChatGPT.

Tuesday, October 28, 2025 - 11:44
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Financial IT
Cobre and TerraPay Partner to Provide Businesses Globally with Seamless Cross-Border Payments

Cobre, the leading B2B payments platform in Latin America, and TerraPay, a leader in simplifying global money movement, have come together to facilitate international transactions, expecting volumes to scale rapidly.

Tuesday, October 28, 2025 - 11:40
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Financial IT
Experian Acquires KYC360 to Boost Fraud and Financial Crime Solutions in the UK

Experian, the global data and technology company, has today announced the acquisition of KYC360 in the UK and Ireland, which will significantly enhance its fraud and financial crime compliance capabilities.

Tuesday, October 28, 2025 - 11:38
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Financial IT
Citi and Coinbase Join Forces to Boost Digital Asset Payment Capabilities for Global Clients

Today, Citi and Coinbase announced their intention to collaborate on digital asset payment capabilities for Citi’s institutional clients and explore additional global clients in the future, further solidifying both companies’ market leadership in payment solutions. The initial phase of their collaboration focuses on fiat pay-ins/pay-outs, supporting Coinbase's on/off-ramps1—the bridge between traditional fiat and digital asset ecosystems—along with payments orchestration.

Tuesday, October 28, 2025 - 11:36
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/news/payments/citi-and-coinbase-join-forces-boost-digital-asset-payment-capabilities-global-clients
Financial IT
Thredd Enters the Credit Space Partnering With LoanPro to Power Next-Generation Credit Capabilities

Thredd, the leading next-generation global payments processor, today announced its selection of LoanPro, the modern credit platform, to underpin Thredd’s new suite of credit solutions for fintechs and financial organizations. The partnership marks a significant milestone in Thredd’s strategy to deliver full-stack embedded issuing and processing capabilities inclusive of credit, debit and prepaid.

Tuesday, October 28, 2025 - 11:35
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Financial IT
IBM Announces New Platform for Financial Institutions and Regulated Enterprises Entering the Digital Asset Economy

IBM today announced the launch of IBM Digital Asset Haven, a comprehensive platform for financial institutions, governments, and corporations to securely manage and scale their digital asset operations. Banks and governments now have a single solution to manage their digital asset lifecycle – from custody to transactions to settlement – that helps them meet compliance obligations while being integration-ready.

Tuesday, October 28, 2025 - 11:32
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Financial IT

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