Efforts to include Buy Now, Pay Later (BNPL) loans in credit scores are facing early resistance, as major providers Klarna and Afterpay announce they will […]
Category: News
Fibe in Talks to Raise $35M Led by IFC as Profitable Growth Boosts Investor Confidence
Fibe, the Pune-based digital consumer lending platform formerly known as EarlySalary, is reportedly in advanced talks to raise $35 million in a fresh funding round, […]
Lloyds Bank Taps Hedera Blockchain in Landmark Tokenized Collateral Pilot, Signaling Major DeFi Shift
In a surprising yet significant move, Lloyds Bank, one of the UK’s most traditionally conservative financial institutions, has partnered with Aberdeen Investment and digital asset […]
Aviva Canada Names Nav Dhillon as CEO to Lead Next Phase of Growth
TORONTO, July 31, 2025 — Aviva has appointed Navinder (“Nav”) Dhillon as the new CEO of Aviva Canada, effective August 1, pending regulatory approval. In […]
CIBC Named a Top Workplace for Disability Inclusion in 2025
TORONTO, July 25, 2025 — CIBC has earned a top score on the 2025 Canada Disability Index®, officially recognizing the bank as one of the […]
UPI Hits Record 19.47 Billion Transactions in July, Logs ₹25 Lakh Crore in Value
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 […]
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 […]