India’s flagship digital payments platform, Unified Payments Interface (UPI), achieved a record-breaking 19.47 billion transactions worth ₹25.08 lakh crore in July 2025, as per the […]
Category: News
SEC Appoints First Chief AI Officer, Launches Task Force to Drive AI Integration
The U.S. Securities and Exchange Commission (SEC) has established a dedicated Artificial Intelligence Task Force to accelerate the integration of AI across its operations. Valerie […]
RBC’s ATOM AI Model Redefines Banking with Hyper-Personalized Client Insights and Scalable Intelligence
TORONTO, July 29, 2025 — Royal Bank of Canada (RBC) has announced significant progress in its AI journey with its proprietary foundation model, ATOM (Asynchronous […]
Mastercard CEO Backs Open Banking as Global Trend, Emphasizes Consumer Data Rights
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 […]
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 […]
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 […]
Alkami Integrates with HubSpot to Power Data-Driven Marketing for Financial Institutions
Alkami Technology, a leading provider of cloud-based digital banking solutions, has announced a strategic integration of its Full Funnel Marketing solution with HubSpot’s customer platform. […]
Mondu Launches ‘Pay Now’ A2A Solution to Strengthen B2B eCommerce Payments
European fintech Mondu has launched Pay Now, a new account-to-account (A2A) payment solution designed for B2B eCommerce, expanding its comprehensive Buy Now, Pay Later (BNPL) […]