UK Finance Drives Digital ID Pilot with Major Banks

Innovation

How Moody’s Encodes Financial Expertise into AI Skills

By bringing human analytical frameworks into the digital space, Moody’s Corporation is transforming centuries of market wisdom into single natural-language prompts with the launch of its first set of platform-agnostic AI skills.

AI

The Rise of Agentic AI in Cyber Fraud and Scams

Ironically, agentic AI also promises vast improvements in defense, especially in real-time transaction monitoring, behavioral analytics, and identity verification.

How Fintech and AI Are Driving Business Transformation

Latin America is not a single market. It is a mosaic of 650 million people, dozens of regulatory regimes, and some of the most persistent structural gaps in the global economy — gaps that have frustrated traditional institutions for decades. But in that friction lies the opportunity. Four converging technology waves are about to collapse those barriers and unlock a business transformation of historic proportions.

AI cost challenges mount as agent use gets more complex: KPMG

Only 26% of organizations have real-time visibility into the cost of running AI at scale, the research found.

AI meeting assistants are creating a new governance challenge for IT

AI governance has become a frequent topic of discussion in the Spiceworks Community, and one recent thread captured a concern many IT professionals are facing. The conversation started with a familiar scenario: users requesting approval for AI tools that can access company emails and files or purchasing their own AI subscriptions and feeding them business data without IT involvement.

Venture Capital

Airwallex raises $320 million to power finance run by AI agents

Airwallex has raised $320 million in a Series H funding round, valuing the global payments company at $11 billion, a 38% leap from just six months ago, as the fintech firm doubles down on artificial intelligence-powered financial software.

Ant International-Backed Fintech Unicorn Files for Philippines’ Largest-Ever IPO

Mynt plans to offer up to 12% of its shares in the offering

Canadian fintech Float raises C$85m

Canadian business finance platform Float Financial has raised C$85 million (US$60 million) in a Series C funding round led by Inovia Capital with participation from Goldman Sachs.

Digital Finance

Maldives Premier Bank partners Finastra for Swift connectivity

MPB, the Maldives' ninth licensed bank, will now deploy Finastra's Financial Messaging API platform.

Payments

Dubai Fintech AXON Raises $1 Million for Cross-Border Payments

The funding marks the first institutional investment in the company's ongoing $5 million round.

Security

UK Finance Drives Digital ID Pilot with Major Banks

UK Finance is spearheading a push to reshape digital identity verification.

By bringing together Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander, trade association UK Finance is working to streamline how consumers prove who they are online.

The initiative centres on a voluntary, bank-led digital verification service that would allow customers to securely share verified personal data directly from their banking apps.

Digital Banking

MENA Fintech Association Partners with Fimple to Drive Cloud-Native Banking Innovation

The MENA Fintech Association (MFTA) has welcomed Fimple as a corporate member to accelerate cloud-native banking innovation across the Middle East. This partnership enables financial institutions to transition from legacy infrastructure to agile, composable, and API-first platforms, fostering rapid digital transformation and enhanced financial services throughout the region.

Technology

Wealthtech Arca exits stealth with $64m

The start-up combines wealth management advice with AI agents to create an "evolving and compounding system that learns from and operates itself", according to founder Rron Rexha.