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McKinsey warns banks face $170 billion profit hit from rise of AI

23 Oct 25 @ 17:16

Artificial intelligence could erase up to $170 billion in global banking profits over the next decade, according to McKinsey & Company’s Global Banking Annual Review 2025. The consultancy warns that... read more

CMA clears Global Payments’ $22.7 billion Worldpay takeover

23 Oct 25 @ 15:23

The UK’s Competition and Markets Authority (CMA) has approved Global Payments’ proposed $22.7 billion acquisition of Worldpay, marking a major milestone for one of the largest payments industry mergers in... read more

Cybersecurity dominates CFO agenda as legacy systems hit limits

22 Oct 25 @ 16:06

Cybersecurity has climbed to the top of UK finance leaders’ risk agendas, with 99% of CFOs reporting a payments-related cyber incident in the past two years, according to new research... read more

American Fintech Council urges CFPB to stop Open Banking fees

22 Oct 25 @ 16:05

The American Fintech Council (AFC) has entered the already muddy waters of the US Open Banking market, urging the CFPB to maintain the principles underpinning Open Banking and protect consumers’... read more

TrueLayer acquires Zimpler to build European Pay by Bank network

22 Oct 25 @ 15:57

TrueLayer, Europe’s largest Pay by Bank network, has announced the acquisition of Zimpler, the fastest-growing Pay by Bank provider in the Nordics, in a landmark deal that consolidates TrueLayer’s position... read more

Allica Bank acquires Kriya to deliver £1 Billion SME working capital

22 Oct 25 @ 08:58

Allica Bank, the UK’s fastest-growing fintech, has announced the acquisition of Kriya, a leading SME lending and embedded finance specialist, in a deal that significantly expands its reach into the... read more

Japan’s top banks launch Yen-backed stablecoin in major shift

21 Oct 25 @ 17:18

Japan’s three largest financial groups — Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group — are collaborating to issue a stablecoin pegged to the... read more

Global VC investment surges to $120 billion: AI fuels momentum

21 Oct 25 @ 17:07

Global VC investment surged to $120 billion in Q3 2025, marking the fourth consecutive quarter of robust funding activity and signalling a sustained revival in investor confidence. The rise, up... read more

Why agentic commerce is creating new risks for merchants

21 Oct 25 @ 09:51

The rapid emergence of agentic commerce—where AI tools assist or act autonomously in consumers’ online purchases—is reshaping ecommerce faster than most merchants can adapt. According to new research from fraud... read more

Why financial institutions must rethink Open Banking in the AI era

20 Oct 25 @ 16:53

In 2018, Open Banking was hailed as a revolution in financial services. British regulators led the way, mandating data-sharing frameworks that promised to empower customers, foster innovation, and intensify competition.... read more

Merchants push customers toward lower-cost payments

20 Oct 25 @ 16:36

A new report from Wind River Payments reveals that US merchants and software providers are rapidly rethinking how they handle payments in response to rising costs, fraud, and a volatile... read more

Apple Pay at 11: Growth continues, but rivals close the gap

20 Oct 25 @ 13:27

Eleven years after its launch, Apple Pay remains the most recognised name in mobile payments — but its dominance is under pressure. New data shows that while usage has surged,... read more

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JPMorgan and Mastercard Back Firmly’s Agentic Commerce Infrastructure

12 Nov 26 @ 20:46

J.P. Morgan Payments and Mastercard have invested in Firmly, a Seattle-area commerce infrastructure company building technology to connect merchants with AI sho... more

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Visa Builds Agentic Commerce Infrastructure as Credentials Reach 5.2 Billion

29 Oct 26 @ 19:39

Visa is expanding its payments infrastructure around agentic commerce, stablecoins and tokenisation as its global credential base reaches 5.2 billion and ... more