TORONTO, July 25, 2025 — CIBC has earned a top score on the 2025 Canada Disability Index®, officially recognizing the bank as one of the […]
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Building Secure AI | Prakash Hingorani
In this episode of Financial Technology Frontiers, we talk with Prakash Hingorani, Head of North…
Innovating with Open Banking – Idriss Bouhmouch
In this insightful episode of Financial Technology Frontiers, Babu Nair sits down with Idriss…
Innovations That Captivate Investments – Philippe Daoust
In this exclusive episode of Coffeshare at Financial Technology Frontiers Live, Babu Nair sat down…
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…
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…
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…
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…
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…
Wibmo Launches Intelligent Authentication Suite with Mastercard to Redefine Biometric Payment Security at GFF 2025
Wibmo, a PayU company, unveiled its Intelligent Authentication Suite at the Global FinTech Fest (GFF) 2025, setting a new standard for digital payment security in India and beyond. Tailored for…
Neon Partners with Razorpay to Unlock UPI Payments for India’s Booming Mobile Gaming Market
SAN FRANCISCO/BENGALURU – Neon, a leading direct-to-consumer payments platform for games, has partnered with Razorpay, India’s top payment service provider, to enable local currency payments via UPI, credit, and debit…
First Financial to Acquire BankFinancial in $142M All-Stock Deal, Expanding Chicago Footprint
Cincinnati-based First Financial Bank has signed an all-stock agreement to acquire BankFinancial, a century-old Chicago-based financial institution, in a deal valued at approximately $142 million. Under the terms, BankFinancial shareholders…
BMO, Deloitte Launch $100K Grant Program for Canadian Women Entrepreneurs Advancing UN SDGs
BMO, in partnership with Deloitte Canada, has opened applications for its fifth annual BMO Celebrating Women Grant Program, offering a total of $100,000 in funding to ten Canadian women-owned businesses…
Advisor Profile – Gautam Mudbhatkal
https://www.youtube.com/watch?v=XtQUShHsxAQ Mr. Gautam Mudbatkal - Advisory with Financial Technology Frontiers has coached financial institutions, technological…
Advisor-Digital and Process transformation
https://youtu.be/QJeaaMKFN0Q Mr. Jitendra Agrawal, the advisor on board at Financial Technology Frontiers, who is a…
Two Americans Plead Guilty to Targeting Multiple U.S. Victims Using ALPHV BlackCat Ransomware
The U.S. Department of Justice announced that two Americans have pleaded guilty to participating in…
Facing Barriers, Americans Want Businesses to Accept Cash
The Payment Choice Coalition released results from the Siena College Survey showing that a large…
CPP Investments and Goodman launch A$14 billion European data centre Partnership
CPP Investments and Goodman have launched a new 14 billion U.S. dollar European data centre…
AI Risks In Credit Scoring
By Narasimham Nittala Introduction As with the other areas of financial services, it is no surprise…
Does AI in Finance Help Future–Proof the Business?
By Amisha Kapoor and Narasimham Nittala “The real power of AI in finance isn’t automation…
Patching AI–Driven IT Systems in the Financial Services Industry
By Narasimham Nittala Overview As we all know, Patching (or patch management) is the lifecycle…
AI Data Privacy & Security Risks in Financial Systems
By Narasimham Nittala Overview Artificial Intelligence (AI) is embedded deeply in financial services—from credit scoring and…
Bank of Canada announces restart of Government of Canada treasury bill purchases
The Bank of Canada is restarting its routine purchases of Government of Canada (GoC) treasury…
BMO Launches New CDRs With Exposure to U.S. Stocks Including PayPal, Micron, McDonald’s, JPMorgan and Coinbase
BMO Financial Group (BMO) has launched five new Canadian Depositary Receipts (CDRs) that will begin…
RBC Global Asset Management announces leadership transition: Stu Kedwell to be appointed as Global Chief Investment Officer
RBC’s asset-management arm (RBC Global Asset Management) is undergoing a leadership transition: Dan Chornous, the…
PhonePe Announces Strategic Collaboration with OpenAI to Bring ChatGPT to Indian Users at Scale
PhonePe has announced a strategic collaboration with OpenAI to bring ChatGPT to Indian users at…
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…
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…
NIST AI Risk Management Framework: GOVERN 1.1
NIST AI Risk Management Framework: GOVERN 1.1 The NIST AI Risk Management Framework (NIST AI RMF) helps…
Zafin Taps OpenAI’s ChatGPT Enterprise to Supercharge Banking Innovation
Toronto-based fintech Zafin has announced a strategic partnership with OpenAI to embed ChatGPT Enterprise across…
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 […]
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 […]
