Fonepay, Nepal’s largest interoperable payment network, has unveiled its first virtual credit card, marking a significant milestone in its mission to establish itself as a fully-fledged locally operated payment network in the country.

Iress today announced that its QuantHouse division can now deliver real-time market data from the Saudi Exchange.

Avaloq, a leading provider of software and services for banks and wealth managers, integrates Quadient Inspire as the standard CCM solution for the Avaloq platform

Corpay, Inc., a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S.

MontyPay has been awarded the "Payment Innovation of the Year" accolade at the 

As announced in June 2024, the Liechtenstein-domiciled insurance carrier wefox Insurance AG is no longer part of wefox's core business. wefox has now agreed to sell the insurance company to a group of Swiss companies led by BERAG.

2025 will be another important year for artificial intelligence (AI), where the interplay between innovation, regulation, and ethical considerations will define the technological landscape across the US, UK and Europe. We are entering a critical phase where AI's transformative potential must be balanced with robust governance and responsible development, amid the convergence of three critical priorities: regulatory sophistication, ethical AI frameworks, and strategic risk management.

There is a critical need for financial institutions to enhance model risk management amidst evolving regulatory pressures, particularly with OSFI E-23. Delegates from banks, insurance companies, and investment firms are facing significant challenges, including adapting to new regulations, effectively quantifying and managing climate risks, and integrating AI and machine learning into their risk frameworks.