Over the past decade, fintech has reshaped how businesses and consumers engage with financial services - expanding access, driving inclusivity, and challenging traditional models. Despite representing only about 3% of banking and insurance revenues, fintechs are growing three times faster than incumbents. But this acceleration has come at a hidden cost: payment fragmentation.

Thredd, the leading next-generation global payments processor, has successfully migrated BigPay’s virtual and physical card portfolio from its previous, legacy processor to Thredd’s next-generation platform, underscoring Thredd’s leadership in complex card portfolio migrations.

The AI Live Testing initiative is the first of its kind in the financial sector to help firms who are ready to use AI in UK financial markets. Participating firms receive tailored support from the FCA’s regulatory team and its technical partner Advai, to develop, assess and deploy safe and responsible AI.

bolttech, the global insurtech, today announced that mTek, a digital insurance platform based in Kenya, has been acquired by the bolttech Group. This move advances bolttech’s strategic goals in East Africa and enhances the Group’s global embedded insurance capabilities.

Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, today announced that the firm has expanded its sales team in London with the hiring of Rajiv Shah as Head of Sales, EMEA. Shah, who will lead sales in Europe, the Middle East and Africa (EMEA), has over 25 years of experience in financial technology.

Propel Holdings Inc., the fintech facilitating access to credit for underserved consumers, today announced it has received regulatory approval from the Office of the Commissioner of Financial Institutions of Puerto Rico ("OCFI") to establish Propel International Bank, Inc. ("Propel Bank"), a wholly owned subsidiary of Propel.

Coremont, a leading provider of real-time, multi-asset class portfolio management software and analytics, today announced a $40 million strategic growth investment from funds managed by Blue Owl Capital (NYSE: OWL), a leading asset manager with $295 billion in assets under management.

Lloyds and WaveBL, a blockchain-based platform for digital trade documents, have successfully completed a digital Letter of Credit (LC) transaction.

The transaction, a Documentary Credit in favour of West Yorkshire-based laboratory equipment business, Labtex, was completed by Lloyds and a major Indian bank. It was executed entirely through the WaveBL platform and demonstrates how digital trade is shifting from long processing cycles to almost real-time execution.

Paymentology, the leading next-generation global issuer-processor, today announced the launch of a new report developed in partnership with Datos Insights: The Global Credit Card Shift: Next-Gen Platforms Bypass Legacy Limits.

The next wave of payments innovation uses tech to put people first, making money movement more secure, smarter and more personal.

Cash or cheque: There hasn’t been a shortage of choice at checkout for decades. But the convergence of several trends, from advances in artificial intelligence to the growth of cryptocurrencies, is expanding options even further — and much faster. This is not only creating new ways to pay but reshaping how money moves, how trust is built and how value is created.