TomoCredit, a leader in personal financial wellness, has unveiled TomoIQ, a cutting-edge AI-powered financial assistant. Built to democratize access to high-quality financial advice, TomoIQ delivers personalized, real-time support to individuals from all walks of life—regardless of income, background, or credit history.
Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) have expanded their strategic partnership through a new agreement that enhances Deutsche Bank’s access to IBM’s advanced software technologies. This includes tools across AI, automation, hybrid cloud, and storage protection, enabling the bank to accelerate its digital transformation, optimize IT infrastructure, and elevate customer experience.
MultiBank Group, the world’s largest financial derivatives institution based in Dubai, received the “Most Valuable Asset-Backed Token” award at CryptoExpo Dubai 2025. Held at the Dubai World Trade Centre, this prestigious fintech event recognized the company’s innovation in real-world asset (RWA) tokenization, marking another significant milestone in bridging traditional and decentralized finance.
Paytm (One97 Communications Limited), a leader in India’s payments and financial services sector, has announced the appointment of Mr. Ramana Kumar as Chief Executive Officer for its Middle East operations. The move is a strategic step in Paytm’s efforts to expand its digital payments footprint internationally, starting with the rapidly growing markets of the UAE and broader Middle East.
Visa has announced the appointment of Antony Cahill as its new Regional President and CEO for Europe, pending regulatory approval. Cahill, a seasoned banking and Visa executive, will assume the role in early June, succeeding Charlotte Hogg, who steps down after eight transformative years.
BetaNXT, a leader in wealth management technology solutions known for real-time data capabilities and an enhanced advisor experience, announced today that certain affiliates have acquired Delta Data, a prominent provider of global investment fund solutions.
SPAYZ.io, a leading provider of innovative payment solutions, is accelerating its growth by entering three key African markets: South Africa, Egypt, and Cameroon. This strategic expansion reflects the company’s vision to transform digital commerce across Africa’s emerging markets by delivering tailored, localized payment options that address unique market demands.
Binance, the world’s largest cryptocurrency exchange by trading volume and users, has unveiled a groundbreaking feature—Live Trading—on its global social platform, Binance Square. This innovation allows users to follow verified creators’ live trading strategies and place real Spot or Futures trades directly within the livestream, merging education, insight, and execution into one seamless experience.
Microsmart SA, Greece’s pioneering decentralized microfinance institution, has teamed up with fintech innovator Begini to revolutionize lending for micro and small businesses (MSMEs). Representing 99% of Greek enterprises, MSMEs often face exclusion from traditional financing. This partnership leverages alternative data to bridge the credit gap, enabling faster, fairer access to funds for underserved entrepreneurs.
A new Boston Consulting Group (BCG) report, Fit for Growth, Built for Purpose, highlights the ongoing erosion of traditional banks’ dominance in the global financial industry. Despite a 4% CAGR growth in the banking sector over the past five years, traditional banks are ceding critical ground to fintech challengers, digital banks, private credit funds, and nonbank market makers, prompting a call for bold transformation.
