London-based payments platform Zilch has signed an agreement to acquire AB Fjord Bank, a Lithuania-based challenger bank, in a move designed to secure a European banking licence and accelerate its international rollout. The acquisition, announced on 7 January 2026, involves Zilch purchasing 100 per cent of Fjord Bank, which currently holds approximately $120million in total […]
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RAKBANK, also known as the National Bank of Ras Al Khaimah, has received in-principle approval from the Central Bank of the UAE (CBUAE) to issue an AED-backed payment token, or stablecoin. The approval marks a significant milestone in the bank’s digital asset strategy as it celebrates its 50th anniversary. The issuance is subject to the […]
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Visa has entered into a strategic collaboration with cloud computing and cybersecurity firm Akamai Technologies to secure the emerging sector of “agentic commerce”—where autonomous AI agents browse, compare, and purchase products on behalf of consumers. The partnership aims to solve a critical challenge facing online merchants: distinguishing between legitimate AI shopping agents and malicious automated […]
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For most consumers, tapping a card or entering a PIN is a seamless reflex. But for millions of shoppers worldwide, the point of sale (POS) remains a barrier to independence. A new industry report from Android payment solutions leader Castles Technology has laid bare the scale of this exclusion, warning retailers that accessibility is no […]
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The TON Foundation, the non-profit organisation supporting the development of the TON Blockchain, has selected OpenPayd to provide the global fiat infrastructure underpinning its expanding ecosystem. The partnership aims to streamline the Foundation’s financial operations by connecting international fiat rails through OpenPayd’s single API. This infrastructure will serve as a core operational layer, enabling the […]
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Transparency Analytics, a financial benchmarking firm focused on private credit, has completed its second funding round led by Deciens Capital. Michael Brawer, chief executive officer of Transparency Analytics The round included participation from Allianz Life Ventures, the corporate venture arm of Allianz Life Insurance Company of North America, alongside Mouro Capital, FJ Labs, SUM Ventures, […]
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Solflare, one of the largest non-custodial wallets on the Solana blockchain, has launched the alpha version of a native, in-wallet AI assistant designed to automate complex decentralized finance (DeFi) workflows through natural language. Announced on stage at Solana Breakpoint 2025, the new tool—Solflare AI—aims to replace rigid, traditional wallet interfaces with an LLM-powered assistant. The […]
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Octopus Energy has successfully completed one of the largest Direct Debit migrations in UK history, moving 5.5 million customer mandates and £12billion in payments to fintech platform GoCardless. The migration is a significant operational milestone for the energy supplier, designed to streamline payment processes and improve speed for its 11 million global customers. The primary […]
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At Singapore FinTech Festival, Huawei set out a decade-long view for AI in finance, and the near-term hurdles: latency, accuracy, integration and governance. Banks are now asking a harder question of AI: how to move from neat proofs of concept to services that hold up under real traffic, audit and legacy integration. At the recent […]
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Avelacom, the global provider of low-latency network and infrastructure solutions, expanded its London presence with a new Point of Presence (PoP) at the Equinix LD7 data center in Slough. The move is designed to support colocation and on-demand server offerings for trading firms accessing both traditional and digital markets. The LD7 facility is one of […]
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