India’s central bank has cancelled Paytm Payments Bank’s licence, forcing the unit to shut down. The move is a major regulatory action against a payments provider and will require customers and counterparties to adjust quickly.
Finextra ↗The Reserve Bank of India has granted fintech and digital wallet provider One MobiKwik Systems a non-banking financial license. This approval allows the company to launch a lending business in India.
Finextra ↗Nacha approved a rule change to increase the Same Day ACH per-payment limit to $10 million. The change was announced at its Smarter Faster Payments 2026 conference.
Finextra ↗Digital asset investments reached record highs, driven by greater institutional participation and rising Bitcoin prices. The article highlights growing interest in crypto markets rather than any specific regulatory or enforcement event.
Finextra ↗Banking Circle has launched stablecoin settlement services, expanding its role in digital asset payments. The move highlights growing convergence between traditional banking infrastructure and stablecoin-based transactions.
Finextra ↗South Korean fintech RiskX has closed a seed funding round for technology that applies AI to the structured derivatives market. The announcement highlights continued investor interest in AI tools for complex trading products.
Finextra ↗Finextra’s NextGen Nordics 2026 event began in Stockholm, focusing on Nordic payments and the theme “Architecting the Future of Money.” The opening session highlighted resilience and maintaining trust in the payments ecosystem.
Finextra ↗Revolut plans to open its first physical store in Barcelona, marking a new physical retail step for the digital bank. The move appears aimed at expanding its customer presence beyond app-based services.
Finextra ↗Deutsche Börse Group led a $14 million Series A round for Performativ, an AI-native operating system for wealth management. The investment highlights continued interest in AI-driven tools for financial services operations.
Finextra ↗Cashless payments increased sharply in emerging market and developing economies in 2024, according to Bank for International Settlements figures. The article highlights a broader shift toward digital transactions in these regions.
Finextra ↗OpenAI says ChatGPT Enterprise and its API are now available at FedRAMP Moderate authorization. The move is aimed at helping U.S. federal agencies adopt AI more securely.
OpenAI ↗OpenAI secured major concessions from Microsoft that let it sell products on Amazon Web Services. In return, Microsoft will receive more cash through a revised revenue-share agreement.
TechCrunch ↗Ineffable Intelligence, a new British AI lab founded by former DeepMind researcher David Silver, has raised $1.1 billion in funding. The company is valued at $5.1 billion and aims to build AI that learns without human data.
TechCrunch ↗China has ordered Meta to unwind its $2 billion Manus acquisition after a months-long probe. The move is a setback for Meta’s push into AI agents and signals tighter scrutiny of major tech deals in China.
TechCrunch ↗Researchers introduced Talkie-1930, a 13B open-weight language model trained only on English text published before 1931. The project is designed to study historical reasoning and how models generalize when cut off from modern information.
MarkTechPost ↗OpenMOSS released MOSS-Audio, an open-source foundation model that combines speech, environmental sound, music, and time-aware audio reasoning in one system. The model is reported to outperform other open-source audio models on general benchmarks, including much larger systems.
Marktechpost ↗Skye, an AI home screen app for iPhone, has attracted investor interest before its launch. The funding interest suggests demand for more AI-aware mobile interfaces.
TechCrunch ↗A report says OpenAI may be developing a phone as part of its hardware ambitions, alongside rumored earbuds. The note cites possible collaboration with MediaTek, Qualcomm, and Luxshare, but it remains speculative.
TechCrunch ↗The article says a new wave of foundation models built for physical action is now running on real hardware in factories, warehouses, and labs. It highlights how the gap between language models and robotics deployment has narrowed over the past 18 months.
MarkTechPost ↗The article explains how to build a lightweight embodied agent that learns from pixel observations in a grid world. It combines latent world modeling with model predictive control to let the agent plan, predict, and replan actions.
MarkTechPost ↗