BMO has announced plans to introduce tokenized cash capabilities for institutional clients in collaboration with CME Group and Google Cloud . The initiative will use CME Group’s permissioned network on Google Cloud Universal Ledger (GCUL) to support continuous movement of value for margin, collateral and settlement activities. The bank said the platform is designed to help institutional participants meet the growing demand for around-the-clock financial infrastructure. By

Mastercard has completed live end-to-end agentic payment transactions across Latin America and the Caribbean, marking a practical milestone in the rollout of AI-driven commerce in the region. The transactions, carried out in controlled environments, showed that AI agents can initiate and complete purchases on behalf of consumers using Mastercard’s existing network infrastructure and with full cardholder consent. Participating issuers and processors i ncluded BAC , Banco de l

Fingular has launched Tazee, a new Shariah-compliant consumer financing brand in Malaysia, marking its entry into the country’s digital Islamic finance segment. Headquartered in Singapore, the fintech holding said the new brand is designed to address a gap in the Malaysian market for fast, small-ticket digital financing that is fully aligned with Shariah principles. The company argues that existing options tend to fall into two categories: Islamic banks focused on larger fin

The UK Financial Conduct Authority (FCA) has launched a consultation ai med at making it easier for firms to offer simplified forms of personalised financial advice, in a move designed to help more consumers access support for important financial decisions. The regulator’s proposals are intended to improve access to advice for people with relatively straightforward needs, where a full assessment of all financial circumstances may not be necessary. By lowering complexity in

Go Abacus has launched The Go1, an on-premise AI appliance designed for banks and credit unions that want to deploy artificial intelligence without relying on third-party cloud infrastructure. The company positions the product as a private AI infrastructure solution for compliance-sensitive institutions that need stronger control over data, auditability, and deployment. The appliance is intended to help financial institutions scale AI programs within their own environments w

Feedzai has introduced RiskFM, a foundation model designed for financial crime prevention and built specifically for tabular financial data. The company describes it as the first tabular foundation model developed for risk decisioning across fraud, anti-money laundering and related financial crime use cases. The launch reflects a broader effort to move beyond traditional fraud systems built on rules and manually engineered models for individual institutions. Feedzai says Ris

MoonPay has launched the Open Wallet Standard , an open-source framework designed to give AI agents a consistent way to hold value, sign transactions and make payments across multiple blockchains without exposing private keys. The standard is positioned as infrastructure for what MoonPay describes as the emerging “agent economy”, where AI agents interact with services, settle payments and execute transactions autonomously. According to the company, the Open Wallet Standard i

Liminal Custody has partnered with Securosys to launch Liminal HSM Vaults , a digital asset security solution aimed at banks, financial institutions and enterprises seeking stronger governance and control over custody operations. The offering combines Securosys’ Primus hardware security module (HSM) technology with Liminal’s MPC-based authorisation protocol. Together, the two layers are designed to support institutional digital asset operations with a security model that bl

Fime has received EMVCo recognition for fingerprint biometric sensor testing at its EMEA laboratory, adding a new credential to its payments testing and certification capabilities. The recognition allows Fime to evaluate fingerprint sensors against the EMV Biometric Card Specification , including criteria such as reliability, liveness detection and user convenience. The development co mes as biometric payment cards move beyond pilot programmes and towards wider commercial d