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Wells Fargo Names Faraz Shafiq as Head of AI Products And Solutions

Wells Fargo & Company  today announced the appointment of Faraz Shafiq as Head of AI Products and Solutions, effective Feb. 9. This move demonstrates the bank’s commitment to leveraging artificial intelligence (AI) to shape the future of financial services and transform how it works to deliver for employees, customers, and communities.

Shafiq will report to Saul Van Beurden, Head of AI and Co-CEO of Consumer Banking and Lending, and work out of San Francisco.

Tuesday, January 27, 2026 - 14:32
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/news/people-moves/wells-fargo-names-faraz-shafiq-head-ai-products-and-solutions
Financial IT
N26 Launches ‘N26 for Under 18s’, Marking the First Step in Its Family Offering

N26 today announced the launch of N26 for under 18s, a new kids’ debit card designed for children aged 7 to 17, managed through their parent’s N26 app. The product gives kids their own debit card, empowering them to embark on their first experiences with financial independence and money management. Parents stay in full control through their N26 app, where they can manage spending limits, card settings, and all account activity.This launch marks a strategic milestone in N26’s ambition to build a holistic, digital-first banking offering for the entire family.

Tuesday, January 27, 2026 - 14:31
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/news/banking/n26-launches-n26-under-18s-marking-first-step-its-family-offering
Financial IT
Clearwater Analytics Embeds AI Into Beacon Risk Platform To Accelerate Model Validation And Exposure Analysis

Clearwater Analytics , the most comprehensive technology platform for investment management, today announced breakthrough embedded agentic AI capabilities within Beacon by CWAN, its enterprise risk and quantitative analytics platform, enabling risk teams to accelerate model validation, exposure analysis, and decision-making.

Tuesday, January 27, 2026 - 14:22
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/news/risk-management/clearwater-analytics-embeds-ai-beacon-risk-platform-accelerate-model-validation
Financial IT
Happy Money Launches Next-Generation Credit Model, Further Enhancing Delivery of High-Quality Assets and Strong Risk-Adjusted Returns to Partners

Happy Money, a leading consumer finance company dedicated to empowering people to achieve their goals through responsible lending, today launched its eighth-generation credit model, further strengthening its credit decisioning framework by integrating new data signals to deliver more precise, optimized credit and pricing decisions.

Tuesday, January 27, 2026 - 14:06
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/news/lending/happy-money-launches-next-generation-credit-model-further-enhancing-delivery-high
Financial IT
Spreedly Announces Record Growth Across the Open Payments Platform

Spreedly, a global leader in open payments, today announced several milestones reflecting continued growth across its enterprise and international customer base. 

Tuesday, January 27, 2026 - 14:03
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/news/payments/spreedly-announces-record-growth-across-open-payments-platform
Financial IT
Insurity Launches New Accelerated Partner Program To Deepen Collaboration And Drive Scalable Growth Across Its Industry-Leading Partner Ecosystem

Insurity, a leading provider of cloud-based software for the property and casualty insurance industry, today announced the launch of Insurity’s new Partner Program, an expanded partner program designed to deepen collaboration across Insurity’s network of more than 200 partners, including system integrator (SI), technology, and insurance content and service partners. Through this ecosystem, insurers gain access to one of the most comprehensive and capable partner ecosystems in the P&C market.

Tuesday, January 27, 2026 - 13:53
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/news/insurtech/insurity-launches-new-accelerated-partner-program-deepen-collaboration-and-drive
Financial IT
Amazon Web Services Announces New Agreement with Nationwide Building Society To Accelerate Digital Innovation And Enhance Customer Experience

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, today announced a new agreement with Nationwide Building Society, the world’s largest building society, to accelerate innovation and improve customer experiences for its over 17 million customers.

Tuesday, January 27, 2026 - 12:17
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/news/banking/amazon-web-services-announces-new-agreement-nationwide-building-society-accelerate
Financial IT
PayPal Goes Live in Nigeria Through Paga, Enabling Global Payments and Local Withdrawals

Paga, Nigeria’s pioneering fintech company, and PayPal, the global payments and commerce platform, today announced the availability of live account linking for customers in Nigeria. The integration enables users to access PayPal-supported cross-border payments directly through Paga’s digital wallet, allowing them to receive international payments and withdraw funds locally in Naira.

Tuesday, January 27, 2026 - 12:11
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/news/payments/paypal-goes-live-nigeria-through-paga-enabling-global-payments-and-local-withdrawals
Financial IT
Club Employés Selects Mangopay To Streamline Employee-Benefits Payments And Scale Across Europe

Club Employés, the leading French platform specialised in managing employee benefits for Comités sociaux et économiques, has chosen Mangopay to scale its operations across Europe with a more flexible payment infrastructure and to streamline how employee benefits are funded, distributed, and redeemed. 

Tuesday, January 27, 2026 - 11:57
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/news/payments/club-employes-selects-mangopay-streamline-employee-benefits-payments-and-scale-across
Financial IT
Checkout.com Acquires Blue EMI, a Licensed Issuer of Euro Stablecoins, and Establishes Lithuania Technology Centre

Checkout.com, a leading global digital payments provider, today announced the acquisition of Blue EMI, a regulated electronic money institution authorised to issue euro stablecoins. At the same time, the company is establishing a new technology centre in Lithuania, reinforcing its commitment to European innovation and creating high-skilled jobs in one of the EU’s leading fintech hubs.

Tuesday, January 27, 2026 - 11:47
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/news/payments/checkoutcom-acquires-blue-emi-licensed-issuer-euro-stablecoins-and-establishes
Financial IT

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