Category: FinTech & Digital Payments

S&P Global (NYSE: SPGI) has formally announced the completion of its acquisition of OpenZeppelin. The transaction integrates OpenZeppelin, which is recognized for providing security standards for onchain finance, into S&P Global’s existing digital portfolio.

The acquisition marks a strategic move for S&P Global to incorporate specialized blockchain security expertise into its financial information and analytics operations. OpenZeppelin has established a reputation for its focus on smart contract security and the development of tools intended to protect decentralized finance applications and protocols.

As the digital economy continues to expand, the integration of security infrastructure remains a priority for traditional financial institutions moving into the onchain space. By acquiring OpenZeppelin, S&P Global gains access to the firm’s technical frameworks used to secure various onchain assets and platforms.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111442/sp-global-closes-openzeppelin-acquisition?utm_medium=rssfinextra&utm_source=finextrafeed

Tipalti, a company providing an agentic AI platform for finance, has announced the launch of Tipalti Treasury. This new offering serves as a fully integrated treasury management solution for the firm’s client base.

The release follows Tipalti’s acquisition of Statement, which took place in 2025. The integration of the technology acquired from Statement forms the foundation of this new treasury platform, designed to expand the company’s financial operations suite.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111443/tipalti-introduces-treasury-tech?utm_medium=rssfinextra&utm_source=finextrafeed

PayTabs Group, a payment solutions provider operating within the MENA region, has announced the signing of a memorandum of understanding (MOU) to acquire 100% of SeaPay, also known as the Arab Sea Financial Company.

The target entity, SeaPay, is currently a subsidiary of the Saudi-listed Arab Sea Information Systems Company. According to the announcement, the strategic move is intended to bolster the payment infrastructure and revenue model for PayTabs within Saudi Arabia, which the company identifies as its largest market.

By integrating SeaPay’s operations, PayTabs aims to further solidify its market position as it continues to develop its fintech offerings in the region.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111444/paytabs-agrees-to-buy-seapay-in-saudi-arabia?utm_medium=rssfinextra&utm_source=finextrafeed

Generative artificial intelligence has seen rapid adoption within the United Kingdom’s financial services sector over the last two years, according to a recent survey conducted by the Bank of England and the Financial Conduct Authority (FCA).

The findings indicate that generative AI technologies have become a significant component of the industry’s digital landscape, currently accounting for more than 50% of all artificial intelligence systems in use across UK financial firms.

This growth marks a substantial shift in the deployment of emerging technologies within the sector. As these firms continue to integrate advanced AI models, the data highlights the scale of the transition toward generative capabilities, which differ from traditional, non-generative AI systems previously prevalent in financial operations.

Source: Finextra
Original article: https://www.finextra.com/newsarticle/48648/uk-fs-sector-embraces-genai?utm_medium=rssfinextra&utm_source=finextrafeed

Tech Mahindra, an AI-powered digital transformation and consulting services provider, has announced a new partnership with Mastercard. The collaboration aims to modernize business-to-business (B2B) payments by integrating secure, virtual card and payment functionalities directly into enterprise resource planning (ERP) and procurement platforms.

By embedding these payment capabilities into existing enterprise infrastructure, the partnership seeks to streamline procurement and payment processes for global enterprises. The initiative focuses on enhancing the efficiency and security of B2B transactions by enabling payments to be executed within the workflows that organizations already use to manage their procurement and resource planning.

This development is intended to provide a more integrated experience for businesses seeking to digitize their financial operations, moving away from legacy payment processes in favor of embedded solutions that can be managed within their primary enterprise software environments.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111438/tech-mahindra-and-mastercard-team-on-embedded-b2b-payments?utm_medium=rssfinextra&utm_source=finextrafeed

Fintech company Revolut has launched a personal loan product in the UK, representing a new effort by the digital firm to compete directly with the country’s traditional high street banking institutions.

This move expands Revolut’s existing financial service offerings into the consumer credit sector. While the company has grown significantly as a digital banking and payments platform, the introduction of personal loans signals a further diversification of its services as it seeks to capture more market share from established banks.

The development is part of the ongoing shift in the UK financial landscape, where digital-first platforms continue to challenge incumbents by integrating lending services directly into their existing mobile-app ecosystems.

Source: Finextra
Original article: https://www.finextra.com/newsarticle/48647/revolut-launches-personal-loans-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed

During the Sibos 2026 conference, officials from FIS and Modulr engaged in a discussion regarding the structural differences between U.S. and U.K. real-time payment systems. The dialogue focused on identifying specific lessons that the U.S. financial sector can draw from the U.K. market.

Key areas of focus included strategies to accelerate the adoption of real-time payment infrastructure and the implementation of robust measures to prevent payment fraud. By analyzing the U.K.’s established models, industry experts aim to address challenges currently facing the U.S. in its transition to faster, more integrated payment solutions.

Source: Finextra
Original article: https://www.finextra.com/videoarticle/3624/how-do-us-and-uk-real-time-payment-models-actually-compare?utm_medium=rssfinextra&utm_source=finextrafeed

Registration is now officially open for the NextGen Nordics 2027 conference. The event, which focuses on developments within the banking and payments sector, is set to return to Stockholm to mark its 10th anniversary.

As a long-standing gathering for financial industry professionals, the conference provides a platform for discussing the future trajectory of payment technologies and banking infrastructure across the Nordic region.

Source: Finextra
Original article: https://www.finextra.com/newsarticle/48643/nextgen-nordics-2027-who-controls-the-future-of-payments?utm_medium=rssfinextra&utm_source=finextrafeed

Chargebacks911, a company specializing in global dispute resolution and chargeback management, has announced the launch of an AI-driven purchase indemnification solution. The tool is designed to address the unique chargeback risks that merchants face as they begin to navigate the environment of agentic commerce.

As AI agents become increasingly involved in consumer purchasing decisions, new complexities regarding transaction disputes have emerged. By deploying this new AI agent, Chargebacks911 aims to provide merchants with protection against these evolving risks, offering a specialized layer of defense in an increasingly automated retail landscape.

The solution is described as a first-of-its-kind offering in the sector, specifically targeting the intersection of automated agentic transactions and traditional dispute management processes.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111433/chargebacks911-launches-ai-agent-to-protect-merchants-from-chargeback-risks-associated-with-agentic?utm_medium=rssfinextra&utm_source=finextrafeed

Global issuer-processor Paymentology has announced an expansion of its existing partnership with the South African fintech Mukuru. This development marks a shift for the fintech as it transitions beyond its traditional focus on remittances to offer broader financial services.

As part of this expanded collaboration, Mukuru is introducing the new Mukuru Account & Card in South Africa. The product launch signals the company’s move into the everyday banking space, leveraging Paymentology’s infrastructure to support these new financial offerings.

Source: Finextra
Original article: https://www.finextra.com/pressarticle/111434/paymentology-expands-partnership-with-south-african-fintech-mukuru-moves-into-everyday-banking?utm_medium=rssfinextra&utm_source=finextrafeed