Clarity AI Acquires Sustainability Fintech ecolytiq

Clarity AI has announced its acquisition of Sustainability-as-a-Service fintech ecolytiq. Terms of the transaction were not disclosed. The acquisition will add to Clarity AI’s suite of sustainability solutions and enhance the firm’s ability to embed sustainability intelligence into financial decision-making. ecolytiq introduced itself to Finovate audiences in 2021 as part of our developers conference FinDEVr.…

Mastercard and enza collaborate to enable fintech innovation across Africa

19 June 2025, Dubai, UAE: Mastercard and enza – a payment solutions company – have collaborated to connect fintech companies across Africa to the Mastercard network. This collaboration will enable fintech players to build propositions on the enza platform that serve both consumers and businesses with embedded Mastercard payment solutions capabilities. According to a report…

Bank of England Governor Doubts Necessity of Digital Pound for Consumers

Bank of England Governor Andrew Bailey has expressed doubts about the necessity of a digital pound for everyday consumers. Speaking at a conference, Bailey acknowledged the potential advantages of central bank digital currencies (CBDCs), such as smart contracts and improved fraud protection, but questioned whether launching a consumer digital currency is essential to achieve these…

CIBC Innovation Banking Provides Growth Financing to Carefull to Accelerate Expansion

CIBC Innovation Banking is pleased to announce a growth capital financing to Carefull, a leading financial safety platform focused on protecting aging adults from financial fraud and exploitation. This financing will further accelerate the company’s expansion, bringing its innovative financial protection solution to more families, financial institutions, and wealth managers. Carefull’s AI-powered platform was designed in…

Fintech’s AI Surge Triggers Talent Shift: What Employers Need to Know About In-Demand Skills

Artificial Intelligence (AI) is no longer on the periphery of fintech innovation—it’s now a core driver of operational excellence, risk mitigation, and customer experience. For forward-looking employers, staying competitive means not only adopting these tools but also identifying, attracting, and retaining talent with the right mix of skills to implement them effectively. With the AI…