Commonwealth Bank, the leader in personal banking services, today brings Apple Pay to its cardholders in the Bahamas. Apple Pay is an easy, secure and private way to pay in-store, in-app and online.

Money20/20, the world’s leading fintech show and the place where money does business, is launching a join report together with FXC Intelligence at Money20/20 Asia in Bangkok, revealing that Asia-Pacific’s cross-border payments volume is projected to nearly double by 2032, reaching $23.8 trillion, up from $12.8 trillion in 2024. This rate of growth outpaces the global average and is set to raise Asia-Pacific's share of global cross-border flows to 36.8% by 2032. 

The global Islamic finance community will join in Uzbekistan this June for the highly anticipated 4th CIS Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE). Scheduled for June 16-18, 2025 at the Hyatt Regency Tashkent, this landmark event comes at a pivotal moment as the industry approaches its projected $5 trillion valuation by 2025.

Money20/20, FINTECH.TV, Cheddar, and NYSE today announced the launch of "Taking Stock," a new, social first content series airing daily. The show was unveiled at Money20/20 Europe on the main stage marking a new era in fintech media. 

The need for speed, convenience and certainty is driving demand for faster payment services in the U.S.

Same day Automated Clearing House (ACH) payments rose 19.1% year-over-year in the first quarter of 2025 . FedNow is also reporting significant growth, with more than 1.3 million transactions settled in the same period . Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 .

bolttech, the fast-growing global insurtech, today announced the addition of Sumitomo Corporation, one of Japan’s largest trading houses, and Iberis Capital, a leading private equity and venture capital manager in Portugal, as strategic investors. Their participation marks the successful close of bolttech’s Series C funding round, with shares acquired by Series C investors in the amount of US$147 million, reflecting a company valuation of US$2.1 billion.

Fiserv, Inc., a leading global provider of payments and financial services technology, announced today that it has agreed to acquire the remaining 49.9% of AIB Merchant Services (AIBMS), its joint venture with AIB Group, in a transaction focused on driving continued growth in Ireland and the broader European market.

In this exclusive interview, Financial IT speaks with Eduardo Azanza, CEO of Veridas, to explore how AI, biometrics, and identity verification are transforming the financial services landscape.

Topics covered:

    •    Key industry challenges in identity and compliance

    •    How AI is reshaping fraud prevention

    •    Building trust in digital ecosystems

    •    Veridas’ mission and innovations in the fintech space

Experts predict that instant payments could be revolutionary. Between 2023 and 2030, the value of transactions processed using instant payment technology is forecast to grow by 289%.