Markets

Kenya’s mobile money leader M-Pesa is pushing deeper into global markets with new partnerships designed to make international payments faster, cheaper, and easier. The moves are aimed at both individuals sending money abroad and businesses seeking smoother cross-border transactions. The...

Goldman Sachs is accelerating its shift into artificial intelligence, rolling out tools that aim to boost productivity and reinvent how the firm supports employees and clients. At the center of this transformation is the GS AI Assistant, a generative AI...

China’s central bank is stepping up efforts to make the digital yuan a serious contender on the global stage. At the June 2025 Lujiazui Forum in Shanghai, People’s Bank of China Governor Pan Gongsheng announced plans to launch an international...

Stripe, the payments giant long considered one of the most valuable private companies in the world, is again at the center of IPO speculation. Over the past week, industry chatter and investor activity have intensified as reports suggest the company...

Japan’s three largest banks are joining forces to launch a blockchain-based trade finance network aimed at streamlining cross-border transactions and reducing the reliance on paper documentation. Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMFG), and Mizuho Financial Group...

The European Union has approved a landmark framework requiring cryptocurrency exchanges, wallet providers, and other digital asset intermediaries to report detailed transaction data to tax authorities across all 27 member states. The new rules, set to take effect in 2026,...

Kenya’s M-Pesa, the mobile money service operated by Safaricom, is deepening its influence beyond East Africa through a series of new partnerships aimed at lowering remittance costs and speeding up international money transfers. The latest deals, announced this week, involve...

Goldman Sachs is making a decisive move into the mass affluent market with the launch of a new AI-powered wealth platform designed to deliver personalized financial planning at scale. The initiative marks a significant shift for the 155-year-old investment bank,...

China’s push to internationalize its central bank digital currency is entering a new phase, with the People’s Bank of China announcing fresh cross-border trials for the digital yuan, or e-CNY, in collaboration with overseas financial institutions. The central bank confirmed...

Stripe, the San Francisco-based payments powerhouse, is preparing for what could be the largest fintech IPO ever, with a target valuation that analysts estimate could reach as high as $120 billion. The move would mark a defining moment for the...

Fintech executives are expressing renewed optimism for 2025, pointing to private credit, mergers and acquisitions, and a rebound in crypto markets as key drivers of growth. Speaking at recent industry events, leaders from payments, lending, and digital asset firms said...

A leading global payments company has announced a major expansion into stablecoin-based services, signaling growing confidence in blockchain-powered settlement systems. The firm will now support multiple widely used stablecoins, including USDG, PYUSD, and EURC, for both consumer and merchant transactions....

The UK government has unveiled its Financial Services Growth Strategy alongside a package of regulatory reforms aimed at strengthening the country’s position as a global hub for banking, investment, and fintech. The measures, introduced in Leeds under what officials are...

A new report from QED Investors and Boston Consulting Group shows that fintech companies are enjoying a surge in profitability, yet they still account for only a small fraction of the broader financial services market. The study found that global...

The U.S. Securities and Exchange Commission has announced a new initiative aimed at modernizing securities regulation for the digital asset era. Dubbed Project Crypto, the program is designed to create clearer guidelines for tokenized assets, decentralized finance applications, and digital...