Solaris says it will rebuild its banking platform around automation, with AI handling more operational workflows and humans retaining control and governance. The move matters because Solaris is not a fintech app pivoting into AI language; it is a licensed German bank with an established Banking-as-a-Service stack, existing enterprise partnerships, and a majority owner in SBI that has already committed material capital to the business. SBI became Solaris’ majority sharehold

Reap has entered the Mexican market after obtaining a Money Transmitter Registry, a regulatory step that allows the company to offer localized money transmission services in the country. The move marks Reap’s formal expansion into the Americas and positions Mexico as a base for broader growth across the region. The company said the authorization supports its strategy to build cross-border payment infrastructure linking Asia and Latin America. In addition to the money transmi

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