Company News

SEC charges LendingClub and former execs $4m for fraud

Online investing platform LendingClub Asset Management (LCA) and its former president Renaud Laplanche have been charged with fraud by the US SEC.
Unwritten

Unwritten secures $3.5m seed funding to enhance climate risk analytics in FinTech

Unwritten , formerly known as Dovetail Finance, has successfully completed a seed funding round, securing $3.5m.
Aveni

Schroders Personal Wealth taps AI-based Aveni Detect platform

Aveni has been selected by Schroders Personal Wealth to transform its compliance function through the deployment of the Aveni Detect platform.  

Mediant bags $18.5m in equity infusion

FinTech Mediant's investors have injected a further $18.5m into the company to fuel the next stage of its strategic growth.

Affirm joins forces with Verifone for flexible payments

Payments network Affirm and FinTech Verifone have entered into a partnership that will make Affirm’s flexible payment options widely available on Verifone’s eCommerce and card-present payment solutions.

Nigerian central bank reveals FinTech licensing plans

The Central Bank of Nigeria has unveiled plans for a new licensing regime for FinTechs operating in the country. The central bank issued a draft...
Frost Bank, a San Antonio-based firm, is set to incorporate Atomic into its operations to enable it to improve its customer satisfaction rates and make banking more accessible for all.

Frost Bank improves customer experience with Atomic direct deposit switch

Frost Bank, a San Antonio-based firm, is set to incorporate Atomic into its operations to enable it to improve its customer satisfaction rates and make banking more accessible for all.
Kansas

Anti-ESG law would cost Kansas pension funds $3.6bn, budget report finds

Legislation in Kansas that would prohibit ESG investing in its pensions funds could cost the state’s pension system as much as $3.6bn.

Cybersecurity spending increases as companies combat rising threats

Cyber threats are as troublesome as ever and with masses of people working from home, attacks could be rising. Financial institutions are noting the rising threat and have increased their spending budgets for defences.

Ukrainian government websites hacked as Russia tensions heighten

A number of Ukrainian government websites have been hacked in what appears to be a coordinated attack as anxieties between Russia and Ukraine continue to climb.

News Stories

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

Lucinity, an AI software company focusing on financial crime operations, has entered into a strategic partnership with Knights Analytics, a leader in AI-driven data solutions.
Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex and GoCardless enhance direct debit services to foster global business growth

Airwallex, recognised as a global payments and financial platform for modern businesses, has formed a strategic partnership with GoCardless, a leader in direct debit solutions.
Egypt's leading B2B platform Cartona raises $8.1m for market expansion

Egypt’s leading B2B platform Cartona raises $8.1m for market expansion

Cartona, Egypt's pioneering B2B platform, has announced a significant milestone in its journey to transform the traditional trade market in Egypt.
AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance revolutionises digital wallets with real-time payments integration

AppBrilliance is steering a significant shift in the US payments landscape with its advanced Money API platform, capitalizing on a recent rule change by The Clearing House.
EarnUp revolutionizes financial wellness with AI Advisor

EarnUp revolutionizes financial wellness with AI Advisor

EarnUp, a leader in financial wellness technology, has introduced AI Advisor, a groundbreaking product set to transform the way financial institutions interact with consumers.

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