SRM (Strategic Resource Management, Inc.) announced the launch of a suite of Artificial Intelligence (AI) advisory services focused on generative AI, especially Large Language Models (LLMs), for financial institutions. SRM's experts are helping clients accelerate their AI aspirations with compliance-driven policy development, AI strategy, AI opportunity assessments, vendor data security reviews, and implementation support.

Fime has partnered with Bangladesh-based technical service provider ITC PLC to deliver local EMV® Level 3 test services. This supports the nation’s expanding digital payments ecosystem. Stakeholders can now validate and integrate their payment terminals locally, reducing time to market and costs.

Thunes, the global money movement innovator, today announced Ruwan De Soyza as General Counsel to oversee all legal, compliance and secretariat affairs as the company accelerates growth worldwide. Reporting to Floris de Kort, Thunes’ CEO, De Soyza will lead a team across a broad range of practice areas, including payment regulation, licensing, compliance, M&A and commercial contracts.

Leading AI-powered fraud and financial crime prevention company, Featurespace, has today announced the results of a major pilot with the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit, Pay.UK, to protect UK consumers from Authorised Push Payment (APP) fraud.

Saxo, the leader in online trading and investment, today announces the appointment of Andrew Bresler as CEO of Saxo UK, effective June 3rd. He takes over from interim CEO Simon Camilleri.

Moneyhub, the market-leading data and payments platform, has partnered with leading carbon measurement companies to launch its latest API ‘Recipe’, Carbon Counter, empowering businesses to deliver real-life insights to their customers into the environmental impact of their financial behaviours. The Recipe combines Moneyhub’s Open Banking and Open Finance API connections to ensure plugging into existing systems and solutions is quick, easy and cost-effective.

payabl., one of Europe’s leading PayTechs, announced today its partnership with Zimpler, a leading company in instant bank payment solutions, with one of the highest bank coverages in the Nordics.

 Digital wallets are projected to be the most popular payment method in Singapore according to findings in the 2024 Global Payments Report from Worldpay, leading payments technology and solutions company. By 2027, wallets are projected to account nearly S$34 trillion in global transaction value, or 49% of e-commerce and point-of-sale (POS) sales combined. Singapore is expected to account for S$89 billion across POS and e-commerce.

Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-border payments fraud and save the industry billions in fraud-related costs.

The digital age has brought unparalleled convenience to the financial services industry, catalysing innovations that have reshaped how we interact with money and financial institutions. In fact, according to research from CompareBanks, nearly 70% of British people with bank accounts use mobile banking app features to manage their accounts. Why?