A new whitepaper by global payments processor and technology provider, RS2, has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The paper entitled How to Solve Banks’ Legacy System Challenges While Controlling Risk suggests that this unnecessary expense is hindering innovation and digital transformation and presents a groundbreaking AI-enabled solution that allows banks to modernize without excessive risk.

Roots, creator of the agentic AI platform for insurance and InsurGPT™, the world's first generative AI model for insurance, today announced findings from its inaugural State of AI Adoption in Insurance 2025. The company surveyed more than 240 insurance executives to determine their AI adoption challenges and opportunities. Its report highlights those as well as emerging trends and provides recommendations for insurers to drive business growth and AI success.

GBG has launched GBG Go, an all-in-one identity platform for fast, easy and safe business growth

TransUnion today announced the completion of the acquisition of Monevo from Quint Group

Papaya Global will serve as LIPTON Teas and Infusions official provider for payroll and international workforce payments worldwide

Zepz,has secured a total of $165 million in revolving and term facilities led by HSBC Innovation Banking

Monzo today launches Contents Insurance, a new product that makes it easier, faster, and more flexible for renters and homeowners to protect their belongings

Mastercard is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards

PayPoint has announced that WHSmith has implemented its i-movo secure digital voucher service across all of its UK stores

SmartStream announces the implementation of SmartStream’s Air solution, the AI-driven Data Automation and Intelligence Platform at a global leading financial institution.

WeeFin, the sustainable fintech that helps financial institutions manage their sustainability strategies, has announced a new round of financing totalling €25 million

Feedzai has announced a partnership with Highnote, an innovative fintech leader, to support the launch of Highnote's new acquiring business line

The British Business Bank has agreed an ENABLE Guarantee transaction of up to £100m with Cynergy Bank

Ingo Payments is proud to announce the selection of Marqeta as its issuer processing partner.

United Fintech has appointed Anders Peter Kierbye Johansen as Chief People Officer (CPO), stepping into the Executive Leadership Team. In this newly created role, Anders will drive the group’s people strategy, supporting the company's rapid growth across its global offices in London, Copenhagen, New York, Singapore, Dubai, Madrid, Berlin, Craiova, and Oslo.