FinTech News

Fenergo study claims a fifth of banks believe legacy systems prevent investing in new...

A fifth of financial institutions claim outdated technology infrastructures are holding them back from investing in new solutions such as AI, a study from Fenergo claims.

PwC, CyLon partner and reveal first 10 companies to make its debut cybersecurity accelerator

PwC has teamed up with CyLon to launch is first Scale | Cyber programme which will help ‘high potential’ scale-up businesses working in the space.

US House Committee on Financial Services unveils new FinTech & AI task forces

The US House Committee on Financial Services has unveiled a new task force for financial technology and artificial intelligence.

FinCEN releases guidance around virtual currency businesses

The US’ Financial Crimes Enforcement Network (FinCEN) has issued guidance around regulatory requirements of virtual currencies.

Atom bank partners with TruNarrative to bolster AML capabilities

TruNarrative has partnered with UK-based Atom bank to help the firm with its AML transaction monitoring and financial crime customer screening and monitoring. Atom chose...

Insuritas partners with Tower Hill to boost access to property insurance lines

Online insurance brokerage platform Insuritas has partnered with Tower Hill Specialty and will offer a number of the Tower Hill property insurance policies on its platform.

GoBear collects $80m in funding to support product enhancements

Financial product comparison platform GoBear has closed an $80m funding round to support product enhancement.

Broadridge Financial prices $750m in senior notes

Broadridge Financial Solutions has priced $750m in senior notes due 2029 in an offering registered with the US Securities and Exchange Commission.

Azur partners with Logical Glue to improve risk analysis for underwriters

Azur, a managing digital agent (MDA) has formed a partnership with Logical Glue to improve risk analysis for underwriters.

Evident closes Series B on $20m to support AI technology development

Identity verification platform Evident has closed its Series B financing round on $20m to support the growth of its AI technology.

News Stories

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions partners with FreedomPay to revolutionise data-driven payments

Woodforest Acceptance Solutions, a renowned provider in payment processing solutions, has entered into a strategic partnership with FreedomPay, a globally recognised commerce platform.
Quarters and Nova Credit team up to support Canadian newcomers with unique home savings and credit solutions

Quarters and Nova Credit team up to support Canadian newcomers with unique home savings...

Quarters, a pioneering home savings rewards program, has partnered with Nova Credit, a leader in credit infrastructure and analytics.
Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian and Oakbrook launch innovative debt consolidation loans to boost financial inclusion

Experian, a global leader in consumer credit reporting, has joined forces with Oakbrook, a prominent non-bank consumer lender, to provide innovative debt consolidation loans.

GiG chooses Paysafe as preferred payment provider for its expanding global reach

Paysafe, a global payments platform, and Gaming Innovation Group (GiG), a leading B2B iGaming technology company, have announced a strategic partnership.
We are thrilled to announce this relationship, which enables us to focus on advancing our platform to stay ahead of the market while working with IBM, a strong global innovator, to deliver our solutions to meet the needs of banks. With our core banking platform on IBM Cloud for Financial Services, we can help financial institutions enhance their operational resilience and system capacities. Our goal is to drive innovation and set new standards in the financial services industry.”

XYB partners with IBM to transform core banking systems globally

XYB, a leading provider of Coreless Banking Platforms, has entered into a strategic collaboration with IBM, the global technology giant. The partnership between XYB and...

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