Mastercard CEO Michael Miebach has voiced strong support for the global open banking movement, calling it a “winning proposition over time” that empowers consumers through […]
Author: Editorial Team
EY and ACCA Release Framework to Boost Trust in AI Through Rigorous Assessments
As artificial intelligence continues to transform industries, a new policy paper by Ernst & Young (EY) and the Association of Chartered Certified Accountants (ACCA) outlines […]
RBC Deploys Proprietary AI Model ‘Atom’ to Revolutionize Credit and Loyalty Programs
The Royal Bank of Canada (RBC) has launched a proprietary AI foundation model, Atom (Asynchronous Temporal Model), developed by its Borealis AI research unit, to […]
Canada’s Real-Time Rail Nears Completion, Testing Phase Set for Autumn
Canada’s Real-Time Rail (RTR) payment system is entering its final stages, with the technical build nearly complete and testing scheduled for autumn. Developed as a […]
OpenText Expands Private Cloud to Meet Rising Global Demand for Data Sovereignty and Compliance
Waterloo, ON – July 29, 2025 – OpenText™ (NASDAQ: OTEX), a global leader in information management, has unveiled a major expansion of its Private Cloud […]
CFPB to Revise Controversial Open Banking Rule Amid Legal Pushback
Washington, D.C. – July 30, 2025 – The Consumer Financial Protection Bureau (CFPB) announced it will substantially revise the Biden-era 2024 open banking rule, which […]
India’s Digital Payments Surge 10.7% YoY, RBI Index Hits Record High in March 2025
India’s digital payments sector continues to show strong momentum, with transactions growing by 10.7% year-on-year as of March 2025, according to the Reserve Bank of […]
PayPal Unveils ‘Pay with Crypto’ to Cut Cross-Border Fees by 90%, Boost Global Merchant Access
PayPal has launched its new Pay with Crypto solution, designed to significantly reduce cross-border transaction costs by up to 90% while enabling seamless payments for […]
Mercado Pago Launches Official Dollar Trading with Daily Returns via App-Based Investment
Starting this week, leading Latin American fintech Mercado Pago has entered the official foreign exchange market by enabling U.S. dollar trading directly through its app. […]
Elavon and WooCommerce Expand Payment Partnership to North America, Empowering SMB Growth
Elavon, a global payments leader, and WooCommerce, the open-source ecommerce platform powering over 4.5 million online stores, have announced the expansion of their strategic partnership […]