The world’s largest wealth manager, UBS, has inked a $300 million-plus, multi-year deal with technology firm Epam Systems as it seeks to put IT at the heart of its cost reduction programme.

Open banking payments in the UK are beginning to catch the attention of fraudsters, with authorised push payment scams on the rise.

Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.

A common thread has emerged from COP16: private finance mobilisation will define the scale at which progress grows in the coming years, but it cannot do it alone.

Real-time payments platform Volt has teamed up with sustainability fintech ekko to help retailers and their customers support the removal of plastic bottles from the ocean.

DBS is to recruit 150 of Singapore’s top technology talent to bolster its AI and blockchain capabilities via its hack2Hire programme.

London-based fintech Mnaara.com, a startup offering investors access to global private funds while complying with Islamic finance principles, has completed a US$500,000 pre-seed round funded by investors from the UK, US, Middle East and Singapore.

India-based digital payments firm Paytm has announced the launch of AI Cloud India, a platform designed to help developers, startups and small businesses create their own payment-related apps and services.

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.