Bank of Africa United Kingdom has migrated its core banking systems to Oracle Cloud Infrastructure (OCI).

IBM announced its joint endeavor with WWF Germany to use AI spatial capturing technology to enhance elephant tracking in Africa. This technology will be able to support conservation of African elephants, which can increase carbon storage in their forest habitats.

New Zealands ASB Bank is to release a public-facing API framework and portal to share access to real-time banking data with third party developers.

With Donald Trump in power, the new acting chairman of the Securities Exchange Commission has moved to reset the watchdog’s approach to digital assets, launching a crypto task force dedicated to developing a regulatory framework for the sector.

Challenger consultancy 11:FS is to launch a new fintech venture fund and accelerator spearheaded by Jamie Campbell, formerly of Bud and founder of Fronted.

In the fintech industry, we often hear of growing innovations and iterative developments on existing technologies that seek to reimagine our world. Many are successful, many are groundbreaking but it is true, in a market of increasing transformation, that there are also products invented without a need for them.

Capital markets firms are acknowledging that the cloud is a catalyst for establishing competitive advantage and the financial services sector has been taking steps to prioritise digital transformation.

More than half of UK adults have used artificial intelligence in the last year to help them manage their money – making personal finance the nation’s number one use of AI, according to research from Lloyds.

BNP Paribas has launched an internal training programme for all of its 200,000 employees worldwide to help raise their awareness of the environmental, financial and social issues resulting from climate change.

Financial services customers are operating with faster speed and greater agility in the payments space, now more than ever with the incremental volume of card-not-present transactions, accelerated adoption of contactless payments, and new financing options at the point-of-sale, among other key trends.

US asset manager Franklin Templeton has launched what it claims is the first fully tokenised investment fund domiciled in Luxembourg.

Nacha’s Smarter Faster Payments conference in New Orleans highlighted the growing momentum behind real-time payments, emphasising their transformative potential across commercial and technological verticals. Yet, amid this digital shift, sessions also acknowledged the enduring relevance of traditional rails like wire transfers, ACH, and even cheques – each facing its own modernisation challenges.

AI-based loan underwriting platform Zest AI has completed an oversubscribed, customer-led financing round.

Mastercard has set itself a target of hitting 100% e-commerce tokenisation in Europe by 2030, phasing out manual card entry and making online shopping safer and more accessible.

Marking the fourth anniversary of PSD2 becoming a regulatory requirement across the EU, the UK’s Open Banking Implementation Entity (OBIE) has issued a statement citing substantial adoption of the initiative across 3.9 million consumers and 600,000 small businesses.