The American Fintech Council (AFC) has submitted a formal letter to the Federal Reserve in support of the central bank’s proposed Payment Account framework, while calling for a series of structural improvements to how the framework is designed and implemented. The letter responds to the Fed’s proposed revisions to its Policy on Payment System Risk […]
Explore MoreThe government will give the Bank of England a new secondary objective to support innovation in payment systems and digital money, and the payments specialists who commented broadly welcomed it while pressing on how the intent is turned into rules. HM Treasury said on 27 August that it intends to give the Bank a formal […]
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SBS builds the core banking, lending and digital banking platforms that more than 1,500 financial institutions run on, across 80 countries. Rather than sell AI as a separate product for those institutions to integrate, it has put it inside the systems they already use, drawing on data that is already governed and secured within each […]
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du Pay, the Central Bank of the UAE-licensed digital financial services arm of Emirates Integrated Telecommunications Company, has launched Flexi Cash Loan, a short-term credit product embedded directly in its mobile wallet application. The service, which went live on 30 July 2026, gives eligible customers access to cash loans of up to AED 5,000, with […]
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