admin

Merchants Eye PayTechs Amid Service Failures

Can banks stem the exodus of clients? The new World Payments Report 2026, published by Capgemini Research Institute, offers a sobering insight for banks attending this year’s Sibos. It uncovers a looming crisis for traditional banks, with 40% of small and mid-sized merchant businesses planning to shift their payment services …

Read More »

Explosion, vehicle fire rock Faraday Future’s LA headquarters

A Faraday Future electric SUV caught fire at the startup’s Los Angeles headquarters early Sunday morning, leading to an explosion that blew out part of a wall, the fire department told TechCrunch. The fire was extinguished in 40 minutes, and no injuries were reported. Damage to the building — a …

Read More »

Mortgage rate pros and cons to know this October

Mortgage interest rate drops have opened new opportunities for homebuyers this October. Getty Images/iStockphoto Mortgage interest rates plunged to their lowest level in three years in September, and while they’ve ticked up slightly since the middle of the month, they now enter October at a significantly lower position than they …

Read More »

SWIFT, Global Banks To Expand Blockchain Use

More than 30 of the largest banks worldwide join in the design, development, and testing of the new offering, SWIFT announced at the Sibos conference. Big news at this year’s Sibos conference in Frankfurt came right at the opening on Monday. SWIFT announced it would add a shared blockchain-based ledger …

Read More »

Anthropic launches Claude Sonnet 4.5, its best AI model for coding

On Monday, Anthropic launched a new frontier model called Claude Sonnet 4.5, which it claims to offer state-of-the-art performance on coding benchmarks. The company says Claude Sonnet 4.5 is capable of building “production-ready” applications, rather than just prototypes, representing a leap in reliability from previous AI models. Claude Sonnet 4.5 …

Read More »

Passengers can now travel on UK trains without buying tickets

A NEW app means passengers now pay for train tickets AFTER they board. The app will trial for passengers travelling on Northern rail services between Harrogate and Leeds by tracking their journey from today, before rolling out to other destinations. 2 A new train ticket trial launched today that allows …

Read More »

Finastra Unveils Intelligent Routing Module

Home Transaction Banking Finastra Unveils Intelligent Routing Module To Revolutionize Payments Processing The new module is designed to help banks route payments faster, cheaper, and smarter across multiple rails. Finastra, a global leader in financial services software, announced its new Intelligent Routing Module at Sibos 2025 on Monday, a solution …

Read More »