Mastercard and Jeel — a subsidiary of Riyad Bank — are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia.  

Introducing the novel offering to the Kingdom, the collaboration will see the two entities work together to serve all non-banking financial institutions (NBFI) market segments. This will provide seamless access to new digital use cases, such as Mastercard Card-as-a-Service (CaaS) and Bank-as-a-Fintech (BaaF) propositions to Saudi Arabia. 

TBC Uzbekistan, the leading digital banking ecosystem in Central Asia, announces the launch of TBC Business, the first fully digital banking service for small and medium-sized enterprises (SMEs) and individual entrepreneurs in Central Asia’s most populous nation.  

“This year, we’ve seen a remarkable rise in the adoption of Pay By Bank, with it being embraced by merchants, consumers and regulators.

Tom Hewson, CEO at RedCompass Labs:

"The rate of change in payments has never been this fast and will never be this slow again. 2025 will be no different.

Zest AI, a leader in AI lending technology, announced a $200 million growth investment from global software investor Insight Partners to support the company's next phase of transformation. The growth capital will enable Zest AI to double down on its current product portfolio, continuing to advance fraud protection and generative AI – all to build the future of lending through AI.

Mesh Payments, an innovator in global travel and expense management, has joined forces with SoFi Bank as its sponsor bank and with 

Within just the past few years, payments have transformed entirely — tap to pay has become even more prevalent, traditional financial institutions are exploring blockchain, and generative AI is emerging as critical to boosting fraud protection rates by as much as 300%. Borders are no longer barriers to global trade, instant access to earnings is the expectation, not a perk, and paper checks and physical wallets are fast becoming museum pieces — at least among the youngest of us.

Reuters Events is set to host the much-anticipated conference, "The Future of Insurance Europe 2025," scheduled for May 7-8 in Amsterdam. This year’s conference will tackle the critical challenges and opportunities within the European insurance sector, including AI integration, risk management, and evolving customer expectations. 

Kasta, aiming to build the most user-friendly crypto & cash payments platform with Ka.app, has secured a Virtual Asset Service Provider (VASP) registration from Bank of Lithuania (Lietuvos Bankas) in Lithuania, marking its third European regulatory approval.