Industry News

Majority, the American mobile banking service for migrants, has made strides in expanding its operations along the US-Mexico border.

A study from IDC Financial Insights forecasts global banks are on track to spend $57.1bn on legacy payments technology in 2028.

Kanastra, a FinTech company in Brazil's capital markets infrastructure landscape, recently announced a significant financial milestone.

MetLife, a key player in disability and absence management services, and Lyra Health, a top contender in the sphere of global workforce mental health solutions, are teaming up.

TransUnion, a global information and insights company, has unveiled a strategic partnership with Truework, a front-runner in the provision of verification of income and employment (VOIE) services in the US.

Paro, a disruptive force in the world of on-demand finance and accounting services, has successfully secured $25m in Series C funding.

A familiar predicament haunts the global payments landscape: can financial institutions outgrow their compliance issues without stretching resources to the breaking point? Scaling staff often means soaring costs and growing complexity. RegTech company Hawk AI has outlined how it helped an payment processor improve their operations. 

Chicago's local climate-focused start-ups are set to benefit from a significant investment initiative, 2c2i. The programme is a collaborative effort between the Exelon Foundation and Exelon Corporation, offering a significant financial impetus to innovative companies battling climate change.

Omnevue has successfully raised $3.1 million in seed funding to support the development and expansion of its ESG accounting platform.

Denmark-headquartered Female Invest, a financial education and community platform, has launched an educational app on its mission to improve women's financial literacy.