Conferma, the leading provider of virtual card technology for business travel, has expanded its global programme to eliminate fax, rolling out a full shutdown across Asia Pacific. From 1st June, hotels across APAC will no longer receive virtual card information via fax – regardless of where the booking originates.

Al Ansari Exchange, a leading remittance and foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services, recorded more than 151 per cent increase in the number of companies processing salaries through its Wage Protection System (WPS) platform on 1 June 2026, as UAE private sector employers adjusted payroll processes to comply with new salary payment requirements that came into effect nationwide. The surge coincided with the implementation of Ministerial Resolution No. 340 of 2026, under which all private sector establishments registered with the Ministry of Human Resources and Emiratisation (MoHRE) are required to pay employee wages through the Wage Protection System by the first day of each month.

Hypercore, the AI company disrupting loan administration for private credit, today announced a technology integration with Arcesium, a leading global financial technology provider to the investment industry, to connect all disparate components of the private credit fund process. The integration creates a continuous, automated data flow from loan origination through servicing and lifecycle events into portfolio- and fund-level workflows creating a unified platform purpose-built for private credit. This positions Hypercore not as a standalone tool, but as the loan operations hub eliminating manual processes, improving data consistency, and enabling funds to scale more effectively.

Bankjoy, a leading digital banking provider for community financial institutions, today announced strong and growing adoption of JoyCompass, its personal financial management (PFM) platform built to help members take control of their financial lives. Thirty financial institutions have now signed on, including Ellafi, CommunityWide, Advantage Plus, Statewide, Lewis Clark, OU FCU, and SIU CU, with more joining every month.

TerraPay, a global money movement company, has partnered with PalWallet, a fintech infrastructure provider focused on stablecoin settlement, global payments infrastructure and embedded financial services, to help businesses move money across borders faster and more efficiently.

Trustfull Investigator leverages a conversational AI interface to permanently dismantle these manual data-gathering silos. By translating natural language commands (such as "Assess this onboarding attempt") into programmatic API calls, the engine instantly evaluates the risk profile. It automatically correlates cross-media data anomalies, shifting the analyst's role from a low-efficiency data assembler to an elite risk interpreter.

Marex Group plc (NASDAQ: MRX), the diversified global financial services platform, today announces that it has been onboarded as a broker on Deribit, the leading crypto options exchange, further expanding Marex’s institutional crypto offering and enhancing client access to global digital asset markets.

RedotPay, a global stablecoin-based payment fintech company serving over 7 million users across 100+ countries, today announced the launch of RedotPay Connect at Money20/20 Europe, marking the company’s first dedicated B2B product since inception and a major step into enterprise payments.

According to Axiology, the financial technology company specialising in distributed ledger technology (DLT) infrastructure for capital markets, banks and financial institutions pursuing digital asset strategies are approaching a critical strategic decision: whether to manage overlapping regulatory frameworks, such as MiFID II and MiCA, internally, or adopt integrated infrastructure capable of unifying these requirements while enabling true end-to-end control of tokenised assets and workflows.

Bitget, the world's leading Universal Exchange (UEX), has announced the launch of Bitget Stocks 2.0, an upgraded tokenized stock spot product designed to improve liquidity, asset transparency, and capital efficiency for tokenized equity trading.

Beosin KYT, a blockchain anti-money laundering platform under Beosin, has completed full blockchain coverage for Morph. Through this integration, blockchain compliance and investigation teams can conduct real-time risk assessments of wallet addresses and transactions on Morph’s network.

Finastra brought together leading voices from across the financial services ecosystem at its Innovating Finance Together Summit in Sydney, highlighting how banks, fintechs, and technology partners are turning strategy into execution and delivering tangible results. The Summit reflected a clear shift underway across the industry, from ambition to action. Conversations centered on how institutions are applying AI in practical ways, modernizing core platforms, and working more closely across the ecosystem to accelerate innovation and improve customer outcomes. The central theme was the power of collaboration. As complexity grows and expectations rise, institutions are moving beyond siloed innovation towards more connected, partner-driven models. Speakers emphasized that meaningful transformation increasingly depends on open platforms, shared capabilities, and the ability to innovate together.

New research from Europe’s card issuing and processing powerhouse Enfuce, reveals that the majority of consumers (62%), as well as payment providers (75%), are concerned that geopolitical tensions could result in foreign-controlled payment networks restricting or even stopping payments in their market. The first study on attitudes towards this issue shows that support for European alternatives like Wero is strong – but adoption will not be driven by ideology alone.

Torus and SRM will host a free webinar discussion on what acquirers may still be missing about Interchange++ and how pricing, finance, and operations teams can better manage scheme fee complexity, reconciliation, and margin control.

Bank payment company GoCardless has backed the launch of a new industry-led scheme designed for the next generation of open banking payments. Banks, building societies and fintechs have invested in scheme operator UK Payments Initiative (UKPI), which today has announced the scheme is now live. This paves the way for the introduction of Recurring Pay by Bank, GoCardless’ open banking-powered payment solution that enables recurring, flexible and automated bank payments.