Ziina Becomes First Homegrown UAE Fintech With Three CBUAE Licences
UAE fintech Ziina says it is the first homegrown UAE fintech company…
Regulatory
Compliance Leaders Fear AI-Enabled Crime, but Only 28% Have Fully Deployed AI in Screening
Compliance leaders are worried about AI-enabled financial crime but have been…
Laeceum Report: Lender Due Diligence, Not Regulation, Was the Failure Behind MFS Collapse
The collapse of London bridging lender Market Financial Solutions (MFS) was avoidable,…
OpenReserve Emerges From Stealth With OCC Nod for an Onchain National Bank
MoneyLion co-founder Dee Choubey's new venture has preliminary conditional approval to charter a full-service national bank built around onchain settlement and tokenised deposits.…
Revolut Wins OCC Conditional Approval to Form Revolut Bank US
The OCC has granted preliminary conditional approval for Revolut Bank US, National Association, with FDIC and Federal Reserve approvals still ahead of a planned 2027 launch.…
MAS Commits S$220m to FSTI 4.0 as Private Fintech Funding Retreats
The Monetary Authority of Singapore has committed S220m over three years to the fourth round of its Financial Sector Technology and Innovation scheme, with AI adoption and talent the priorities.…
UK Hands the Bank of England a Secondary Objective on Payments and Digital Money
HM Treasury will give the Bank of England a statutory objective to support innovation in payment systems and digital money, including stablecoins, subordinate to financial stability.…
Al Rajhi Bank Partners with Mozn to Harness AI in Fraud Prevention
Al Rajhi Bank has signed a strategic agreement to deploy Mozn's FOCAL platform, strengthening its financial crime compliance framework with AI-driven...…
QNB Group Receives Central Bank of Egypt Licence to Launch Digital Bank 'ezbank'
QNB Group has received a licence from the Central Bank of Egypt to launch ezbank, a new digital bank that will use mobile-first platforms and AI-driven...…
SAMA Approves EZ Bank as Saudi Arabia's 39th Licensed Bank with SAR 2.5 Billion Capital
The Saudi Central Bank has approved EZ Bank as the Kingdom's 39th licensed bank, a digital-first institution capitalised at SAR 2.5 billion designed to...…
Revolut Secures In-Principle Approval for UAE Payments Licence, Accelerating Gulf Expansion
Revolut has received in-principle approval from the Central Bank of the UAE for Stored Value Facilities and Retail Payment Services licences, clearing a...…
AI Risk and Accountability: Who Is Responsible When AI Acts?
When AI makes a decision that causes harm, who is accountable? A practical framework for risk ownership, liability, and governance in AI-driven banking.…