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InnBucks MicroBank has selected cloud-native banking platform Mambu to power its transition from a digital wallet solution into a fully integrated digital bank.Originally launched in 2022 as part of Simbisa Brands Limited, InnBucks has quickly grown into a central player in Zimbabwe’s FinTech landscape. Initially focused on wallet-based services, the company has since expanded into broader financial services including personal and business banking, digital payments, lending, and cross-border remittances.With a network of more than 500 outlets across Zimbabwe and a customer base of around three million users, InnBucks is having a notable impact on the country’s financial sector. As it prepares…

OpenAI announced on Friday it’s launching a research preview of Codex, the company’s most capable AI coding agent yet. Codex is powered by codex-1, a version of the company’s o3 AI reasoning model optimized for software engineering tasks. OpenAI says codex-1 produces “cleaner” code than o3, adheres more precisely to instructions, and will iteratively run tests on its code until passing results are achieved. The Codex agent runs in a sandboxed, virtual computer in the cloud. By connecting with GitHub, Codex’s environment can come preloaded with your code repositories. OpenAI says the AI coding agent will take anywhere from one…

Google on Thursday warned that the hacking group behind the recent cyberattacks on high-street UK retailers is now turning to US companies. “Shields up US retailers. They’re here,” John Hultquist, chief analyst at Google Threat Intelligence Group, said on X (formerly Twitter). Hultquist pointed to a May 7 Mandiant blog post detailing the activities of UNC3944, also known as Scattered Spider, which relies on social engineering, SIM swapping, ransomware deployment, and extortion in attacks against high-profile targets across a broad range of industries. “We have regularly observed UNC3944 conduct waves of targeting against a specific sector, such as financial services…

Mastercard and MoonPay have unveiled a strategic partnership aimed at bringing stablecoin payments into the global mainstream.The collaboration will allow businesses and FinTechs to issue Mastercard-branded cards linked directly to users’ stablecoin balances, offering seamless conversion into fiat currency for spending at over 150 million merchant locations worldwide.At the heart of the initiative is Iron, an API-based stablecoin infrastructure acquired by MoonPay in March. This technology underpins the payment flow, enabling digital asset wallets to operate more like modern digital bank accounts. For businesses, this means faster, easier management of disbursements and payouts — whether to gig workers, content creators,…

Ineffective RFPs can hinder tax compliance from the outset. That was the central message in Comply Exchange’s recent webinar, “Know Your Pain: Write RFPs That Solve, Not Stall,” hosted with SOVOS and Ledgible.The speakers emphasised that clarity on scope and stakeholders is crucial before writing an RFP. It’s not just a tax team initiative—legal, product, customer support, security and compliance teams often need to be involved. Without alignment, critical pain points can be missed, and solutions may fall short.Vague language is another common pitfall. For example, asking for “W-8 support” without specifying which IRS forms (W-8BEN, W-9, 8233) or substitute…

While the tech world continues to buzz with talk of generative models and AI agents, the real conversation is around how to operationalise AI in complex, real-world environments.SymphonyAI recently delved into how to unlock AI’s business potential.Although proof-of-concept demonstrations often dazzle with polished outputs and perfect prompts, translating AI into daily business operations is an entirely different challenge. The difficulty isn’t usually the model—it’s everything around it. Enterprises face tangled data silos, legacy IT systems, sprawling workflows across borders, and the high stakes of compliance and reputational risk. The reality? Demos may impress, but production demands robustness, scale, and integration.The…

SecurityWeek’s cybersecurity news roundup provides a concise compilation of noteworthy stories that might have slipped under the radar. We provide a valuable summary of stories that may not warrant an entire article, but are nonetheless important for a comprehensive understanding of the cybersecurity landscape. Each week, we curate and present a collection of noteworthy developments, ranging from the latest vulnerability discoveries and emerging attack techniques to significant policy changes and industry reports.  Here are this week’s stories: CrowdStrike CEO gifted $1 billion worth of stock CrowdStrike CEO George Kurtz has gifted over $1 billion worth of the cybersecurity company’s stock…

TALLAHASSEE, Fla. (AP) — The board of Florida’s only public historically Black university has chosen a lobbyist with ties to Republican Gov. Ron DeSantis to be the school’s next president, alarming students, faculty and alumni who are outraged by the governor’s efforts to restrict the teaching of African American history and ban public colleges from using taxpayer money on diversity programs. Florida A&M University’s Board of Trustees voted Friday to select Marva Johnson, an executive for the telecoms company Charter Communications and a former member of the state Board of Education who has touted her experience climbing the corporate ladder…

United States President Donald Trump said on Thursday that India had offered a trade deal that proposed almost “no tariffs” on US goods, as the South Asian nation seeks to avert higher import and export costs. India disputed Trump’s claim. But New Delhi is looking to clinch a trade deal with the US within the 90-day pause announced by Trump on April 9, on so called reciprocal tariffs for major trading partners. On May 8, the White House secured a trade agreement with the United Kingdom, two days after India inked a similar pact with it. India’s equity benchmarks jumped about…

Etops, a WealthTech provider based in Europe, has acquired Finanzportal24, a German software company specialising in financial planning tools.Finanzportal24, founded in 2002 by Hubertus Schmidt and headquartered in Burbach, serves over 4,500 users and is recognised for its intuitive, technically robust, and practical financial planning solutions.The acquisition is designed to bolster Etops’ presence in the digital wealth advisory space, enhancing its integrated offering for independent financial advisors, intermediaries, banks, and insurance providers. While the financial terms of the deal were not disclosed, the move aligns with Etops’ buy-and-build strategy to expand its WealthTech capabilities across Europe.Finanzportal24 delivers powerful financial planning…