Financial services has the highest chatbot adoption of any sector yet one of the lowest resolution rates, and Parloa co-founder and chief executive Malte Kosub argues that gap is the direct result of a deliberate strategic choice, not a technology shortfall. Malte Kosub, CEO and co-founder of Parloa Speaking to The Fintech Times, Kosub cited […]
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Standard Chartered has issued USD 200 million of three-year floating-rate digitally native notes (DNNs) on Euroclear’s Digital Financial Market Infrastructure, making it the first Global Systemically Important Bank and the first UK-domiciled issuer to use the platform. The notes have been submitted for admission to trading on the International Securities Market of the London Stock […]
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Earned wage access is no longer a fringe product. Writing in the FintechNexus newsletter, commentator Peter Renton argues that the debate inside the EWA sector has matured past the founding question of whether the product is a loan and arrived at a harder one: how it should be priced and who should regulate it. The […]
Explore MoreInventi, a Lithuanian payments and regulatory infrastructure company, has joined Swift‘s Business Connect programme, making it the first provider in the Baltic region to offer managed Swift connectivity as a service. The accreditation, confirmed on 6 August 2026, allows Inventi to embed Swift’s global financial messaging network directly into its Payments Platform and deliver it […]
Explore MoreNigeria’s Federal Inland Revenue Service has published comprehensive guidelines bringing virtual assets, including cryptocurrencies and stablecoins, within the country’s formal tax framework. The rules impose transaction-level duties and withholding levies on virtual asset service providers, or VASPs, and require tax identification numbers for all new cryptocurrency account activations. Corporate income tax on cryptocurrency firms is […]
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Zaria Systems has filed an application with the Office of the Comptroller of the Currency to charter Zaria National Trust Bank (ZNTB), a special-purpose national bank that would limit its activities to trust company operations and related functions. The filing, announced on 5 August 2026, marks a significant step in the Wyoming-based infrastructure firm’s bid […]
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Visa is deploying capital across three distinct growth vectors beyond its core card network: stablecoin infrastructure, issuer processing and fraud prevention. The moves, detailed on the company’s most recent earnings call, are reflected in its value-added services segment, which grew 34% in the latest quarter to $3.8 billion, representing close to a third of Visa’s […]
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Monavate, the Cambridge-based FCA-regulated e-money institution, has partnered with LMAX Group to connect its payments platform to Omnia Exchange, the institutional liquidity and execution layer operated by the London foreign exchange and digital asset venue. The integration, announced on 5 August 2026, is delivered through a single API and is designed to give Monavate’s business […]
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Banco Santander has received approval from the Board of Governors of the Federal Reserve System to acquire Webster Financial Corporation, the holding company for Webster Bank, N.A. The clearance is the final major regulatory hurdle for the transaction, which is now expected to close on 20 August 2026. The Fed’s sign-off follows two earlier approvals: […]
Explore MoreThe Abu Dhabi Securities Exchange (ADX) closed the first half of 2026 with a market capitalisation of 2.8 trillion dirhams, as the exchange pressed ahead with infrastructure upgrades, new international partnerships and a drive to broaden the investor base across borders and asset classes. Trading value reached 171 billion dirhams over the period, with total […]
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