DIFC Future of Finance Report: Digital-Native, AI-Driven Challenger Banks Are Redefining Banking Models, Signalling the Industry’s Biggest Shift Since 2008
- 1 month 1 week ago
- Digital banking
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today launched the second report in its 2026 Future of Finance series. The report underscores that resilience, rather than size or legacy, will define long-term success for banks navigating disruption.
LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services
- 1 month 1 week ago
- Artificial Intelligence
LUMIQ, an AI-native financial services company, today announced a strategic funding round to scale auto-decisioning for financial institutions across the United States and Southeast Asia. The round was led by Bajaj Finserv, one of India's largest and most diversified financial services groups, with participation from existing investor Info Edge Ventures.
UK Financial Institutions Look to Decade of AI-Driven Growth
- 1 month 1 week ago
- Artificial Intelligence
UK financial institutions are expecting a decade of technology-led growth, with AI, emerging technologies and data now central to their expansion plans, according to the tenth annual Lloyds Financial Institutions Sentiment Survey.
A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub
- 1 month 1 week ago
- Payments
Modulr, the payments automation platform built to scale, today announced the launch of commercial Variable Recurring Payments (cVRP), designed to offer a flexible, faster alternative to traditional payments for businesses collecting large volumes.
Chinese Cross-Border Payment Company Payful Opts for BPC Card Management as a Service to Launch Virtual Corporate Charge Card
- 1 month 1 week ago
- Payments
Payful, a Chinese cross-border payment company with a subsidiary in Hong Kong, has launched a cloud-native Visa charge-card programme for corporate and merchant clients on BPC’s next-generation SmartVista platform. Now, Payful can offer corporate and merchant clients a more secure and efficient way to manage business spending through virtual Visa charge cards in the cloud.
NymCard Launches nCore FullStack: The Complete Payments Infrastructure Through One Integration
- 1 month 1 week ago
- Payments
NymCard, the only modern payments infrastructure company in MENA, today announced the launch of nCore FullStack, a single, in-house platform that runs issuing processing, lending, money movement, settlement, financial crime, and reconciliation through one integration. nCore allows banks to connect once and continuously add to their suite of capabilities without sourcing another partner or handling another integration, ending a constraint that...
Elavon Expands All-In-One Payments Platform Across North America to Power Integrated Commerce
- 1 month 1 week ago
- Payments
Elavon, a wholly owned subsidiary of U.S. Bank (NYSE: USB) and a global payments provider, announced the expansion of its All-In-One payments platform across North America to help businesses deliver more seamless commerce experiences in-store, on mobile and online. The expanded platform combines Elavon’s payments infrastructure with a growing ecosystem of technology partners, giving merchants a more unified way to manage payments and operations...
Wise Acquires Expatica as It Deepens Support for People Living Internationally
- 1 month 1 week ago
- Payments
Wise, the global technology company building the best way to move and manage the world’s money, has acquired Expatica, a leading online resource for people living and working abroad.
Monument Technology Closes £18 Million Fundraising Round
- 1 month 1 week ago
- Fundraising News
Monument Technology, the cloud-based, end-to-end Banking-Platform-as-a-Service (BPaaS) provider, has today (17th June 2026) announced the successful close of its seed funding round at more than £18 million. The company said the round exceeded its original £10 million target due to strong investor interest.
Payments: CBI Launches Request to Pay for Corporates, Supported by EBA CLEARING and Nexi
- 1 month 1 week ago
- Payments
CBI is extending its Request to Pay service to the corporate market through its community of participating Payment Service Providers (PSPs), further strengthening its collaboration with EBA CLEARING and Nexi. This new solution introduces an advanced digital model for managing collections between businesses and their customers, enabling companies to send structured payment requests directly integrated into their enterprise systems.
Four Cantonal Banks Partner With Avaloq to Modernize Mobile Banking
- 1 month 1 week ago
- Mobile Banking
A group of regional cantonal banks – Basellandschaftliche Kantonalbank, Basler Kantonalbank with Bank Cler AG, St. Galler Kantonalbank AG and Thurgauer Kantonalbank – are partnering with Avaloq to enhance mobile banking services for around one million clients in Switzerland.
FV Bank Expands Beyond Digital Banking: Launches Unified Fintech Platform for Stablecoins, Payments, and Programmable Finance
- 1 month 1 week ago
- Cryptocurrencies
FV Bank today announced the expansion of its regulated financial infrastructure platform, bringing stablecoin settlement, digital asset custody, programmable payments, and cross-border banking rails into a single programmable financial layer.
Flywire Partners with eTip to Expand Digital Tipping Capabilities Across Hospitality Clients
- 1 month 1 week ago
- Payments
Today, at the Hospitality Industry Technology Exhibition and Conference (HITEC®), Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, announced a new partnership with eTip, the #1 digital tipping and gratuity management platform in the hospitality industry.
GoCardless and Intelligent Billing Partner to Automate the Billing-to-Cash Cycle for Telecoms and MSPs
- 1 month 1 week ago
- Payments
Bank payment company GoCardless has become the exclusive integrated payment provider for Intelligent Billing, a specialised billing and data processing platform designed for complex recurring revenue models.
Finom Launches Metal Premium Business Card Built to Pay for Itself
- 1 month 1 week ago
- Banking
Finom, a European financial platform for SMEs and entrepreneurs serving over 200,000 businesses, today launches Metal, its first premium business card. The Visa debit add-on offers 1.2% cashback on business spend (up to €5,000/month), no added Finom markups on up to €100,000/month of non-EUR card spend and subscription refund on leading AI tools.
