International Payments

68 articles

I&M Bank pushes digital trade finance upgrade with Surecomp

I&M Bank is rolling out a digital trade finance system with Surecomp, looking to speed up business in Kenya and expand to Tanzania, Rwanda, Uganda, and Mauritius.

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Paymob lands $35 million to push digital payments across MENA

Paymob has raised $35 million in pre-Series C funding to speed up its digital payment rollout for businesses in Egypt, Saudi Arabia, the UAE, Oman, and Pakistan. The company wants to reach more merchants across the MENA region.

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Denmark completes first AI agent payment as Danske Bank and Mastercard move ahead

An AI agent has made a full payment in Denmark using Mastercard's Agent Pay and Danske Bank. The move puts new focus on security, transparency, and how much control consumers will have as digital payments change.

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NatWest appoints Harsh Agarwal to lead customer experience transformation

NatWest has named Harsh Agarwal as managing director of customer experience and engagement, charging him with unifying the bank's digital and segment strategies following a series of high-profile leadership changes.

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BNG completes core banking overhaul as Amir Arooni exits leadership

Bank Nederlandse Gemeenten has completed a sweeping core banking and cloud migration in under a year, closing the chapter on Amir Arooni's interim leadership and welcoming a new permanent CIO.

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How banks are building stablecoins under new European rules

European banks face a complex path to launching stablecoins as new digital euro rules demand tough choices on legal structure, technology, and compliance. This guide breaks down the practical steps and risks for institutions entering the digital money race.

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Enova abandons Grasshopper Bank deal after regulatory impasse

Enova has called off its $369 million bid for Grasshopper Bancorp, withdrawing regulatory applications and signaling a move away from pursuing a bank holding company charter. The decision spotlights persistent regulatory uncertainty for nonbank lenders seeking entry into the banking sector.

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Bank AI Agents Face Real World Data Obstacles

Banks are eager to deploy agentic AI that can act autonomously, but outdated document systems and fragmented data threaten to undermine these ambitions. The real challenge is not AI capability but the quality and accessibility of the information it must process.

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OpenPayd targets US expansion with billion dollar Nasdaq move

OpenPayd is set to merge with MSB USA and integrate 43 state money transmitter licenses, aiming to secure a $1.145 billion Nasdaq listing and expand regulated payment services for global clients entering the US market

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Salla acquires PayLink to expand Saudi merchant payment options

Saudi fintech Salla has acquired PayLink and partnered with Naml to deliver broader payment acceptance and distribution tools for over 65,000 Saudi merchants seeking to reach customers at home and abroad

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DBS and Stripe launch AI payments integration across Asia Pacific

DBS Bank and Stripe have joined forces to embed banking and payment services across Asia Pacific, targeting faster cross-border transactions and new AI-driven commerce tools for businesses and merchants in the region

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EverBank Merger Deal Reshapes US Banking Landscape

A $3.9 billion merger between EverBank Financial Corp and WaFd Inc. will create a combined bank with $75 billion in assets and over 250 branches, aiming to boost profitability and expand commercial banking services across the United States

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KB Kookmin Bank launches instant blockchain payments with JP Morgan

KB Kookmin Bank and JP Morgan have unveiled a blockchain-based payment service for Korean businesses, promising near-instant US dollar settlements across major trade corridors and marking a shift in cross-border corporate payments

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Global banks unite to launch USD stablecoin for cross-border payments

Twenty-one major banks are forming a new company to issue a USD-pegged stablecoin, aiming to reshape cross-border payments and digital settlements by 2027. The move signals a direct challenge to existing payment rails and regulatory frameworks

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Financial fraud adapts as criminals mimic legitimate payments

Criminals now design financial fraud to look like ordinary transactions, making detection harder for banks and payment providers. New data shows AI-driven scams are rising, forcing institutions to rethink how they monitor and share risk signals

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Eftsure expands global reach with Relish acquisition and AI integration

Eftsure's purchase of US-based Relish brings advanced AI-powered vendor validation and invoice automation under one roof, aiming to secure payments for over 4,000 businesses across 190 countries

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ACI Worldwide Moves to Expand Card Processing with Cranium Deal

ACI Worldwide is set to acquire Cranium Ventures, aiming to accelerate the rollout of advanced card switching technology within its ACI Connetic for Cards platform. The move could reshape how financial institutions handle card payments and fraud prevention.

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Major Payment and Banking Leadership Shifts Signal New Era for 2026

August 2026 saw a wave of high-level departures and appointments across global payments and banking, with Apple, Barclays, Mastercard, Monzo, and Coinme all reshaping their leadership teams and regional strategies

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ID Finance Secures €21 Million to Expand Digital Lending in Spain

ID Finance has obtained a €21 million debt facility from nordIX, aiming to accelerate its digital consumer lending platform in Spain after originating over €190 million in loans in just six months

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Félix Raises $200 Million to Expand AI-Driven Remittance Services

Félix, a US-based cross-border payment platform, has secured $200 million in new funding to develop AI-powered financial services for the Latino diaspora, with plans to expand into lending, savings, and new Latin American markets

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TD Bank Tests Instant Tokenised Payments on Project Agorá Blockchain

TD Bank Group has executed a live settlement of tokenised US dollars between its own entities using Project Agorá's blockchain platform, marking a concrete step toward programmable cross-border payments and atomic settlement.

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Federal Bank launches new digital loan system with M2P Fintech

Federal Bank in India has rolled out a custom loan origination platform with M2P Fintech, aiming to speed up digital lending and improve integration with fintech partners. The move comes as the bank reports double-digit growth in lending volumes

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Allica Bank Seeks Swedish Licence to Expand Digital Business Banking

Allica Bank has applied for a Swedish banking licence, aiming to extend its digital business banking services beyond the UK and potentially into other EU markets, as part of a broader European growth strategy

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Deutsche Bank to Consolidate Core Systems with Thought Machine

Deutsche Bank is investing €600 million to overhaul its Private Bank division's core infrastructure in Germany, selecting Thought Machine's Vault Core for a decade-long transition aimed at reducing complexity and long-term costs

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Visa and Nium Test Stablecoin Settlement in Singapore's BLOOM Pilot

Visa and Nium are piloting stablecoin settlements under the Monetary Authority of Singapore's BLOOM initiative, aiming to enable faster cross-border payments even on weekends and public holidays

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