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Category: News

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Wise Applies to Launch U.S. National Trust Bank, Eyes Direct Access to Fed System
  • News

Wise Applies to Launch U.S. National Trust Bank, Eyes Direct Access to Fed System

  • July 3, 2025
  • 0

Global money transfer firm Wise Plc (LSE: WISE) has formally applied to the U.S. Office of the Comptroller of the Currency (OCC) to establish a […]

BMO to Acquire Burgundy Asset Management for $625 Million, Enhancing High-Net-Worth Wealth Services
  • News

BMO to Acquire Burgundy Asset Management for $625 Million, Enhancing High-Net-Worth Wealth Services

  • July 1, 2025
  • 0

Acquisition to strengthen BMO’s leadership in private wealth management with expanded capabilities for high-net-worth and ultra-high-net-worth clients  TORONTO, June 19, 2025 /CNW/ – BMO (TSX:BMO) […]

Zūm Rails Partners with Western Union Canada to Power Real-Time Global Payments
  • News

Zūm Rails Partners with Western Union Canada to Power Real-Time Global Payments

  • June 24, 2025
  • 0

In a significant move to advance real-time cross-border payments, Zūm Rails has announced a strategic partnership with Western Union Canada to enable faster, more seamless […]

GTreasury Launches GSmart AI to Revolutionize Treasury Management with Secure, Actionable AI
  • News

GTreasury Launches GSmart AI to Revolutionize Treasury Management with Secure, Actionable AI

  • June 18, 2025
  • 0

GTreasury, a global leader in adaptable treasury solutions for CFOs, has announced the launch of GSmart AI, a purpose-built, enterprise-grade artificial intelligence platform designed specifically […]

Zūm Rails and Western Union Canada Partner to Power Real-Time Cross-Border Payments
  • News

Zūm Rails and Western Union Canada Partner to Power Real-Time Cross-Border Payments

  • June 18, 2025
  • 0

In a move set to advance the future of global remittances, Zūm Rails has announced a strategic collaboration with Western Union Canada to enable real-time […]

U.S. Bank and Fiserv Partner to Advance Credit Card Solutions for Financial Institutions
  • Banking
  • News

U.S. Bank and Fiserv Partner to Advance Credit Card Solutions for Financial Institutions

  • June 17, 2025
  • 0

In a strategic move aimed at enhancing digital credit card offerings, U.S. Bank and Fiserv have announced a partnership to integrate Elan Financial Services, U.S. […]

TD Bank Launches TD AI Prism – A Groundbreaking Predictive Foundation Model to Transform Customer Personalization
  • Banking
  • News

TD Bank Launches TD AI Prism – A Groundbreaking Predictive Foundation Model to Transform Customer Personalization

  • June 16, 2025
  • 0

In a major stride toward AI-powered banking, TD Bank Group has unveiled TD AI Prism, an internally developed predictive AI foundation model designed to revolutionize […]

Matic and Floify Partner to Embed Home Insurance into the Mortgage Process
  • Insurance
  • News

Matic and Floify Partner to Embed Home Insurance into the Mortgage Process

  • June 16, 2025
  • 0

In a strategic move to enhance the digital mortgage experience, Matic, a leading digital insurtech platform, has partnered with Floify, a premier mortgage automation provider. […]

Central Bank of Kuwait Releases Draft Framework for Open Banking Regulations
  • News

Central Bank of Kuwait Releases Draft Framework for Open Banking Regulations

  • June 7, 2025
  • 0

In a strategic move to align with global FinTech trends, the Central Bank of Kuwait (CBK) has issued a draft Open Banking Regulatory Framework, signaling […]

CLHIA Expands AI-Powered Fraud Detection Initiative to Strengthen Group Benefits Integrity
  • Insurance
  • News

CLHIA Expands AI-Powered Fraud Detection Initiative to Strengthen Group Benefits Integrity

  • June 7, 2025
  • 0

The Canadian Life and Health Insurance Association (CLHIA) has announced the expansion of its industry-wide fraud detection initiative, leveraging artificial intelligence (AI) to identify suspicious […]

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Banking

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  • Starling Expands to Canada, Eyes North American Growth via Banking Software Platform ‘Engine’

    UK-based neobank Starling is establishing a presence in Canada, opening a new office in Toronto as part of its broader North American expansion strategy. The […]

  • BNPL Credit Reporting Plans Stall as Klarna, Afterpay Withhold Data Over Fairness Concerns

    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 […]

  • 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 […]

  • AI
    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 […]

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