FinTech News

Marqeta unveils innovative 'Buy Now, Pay Later' solution with Marqeta Flex

Marqeta unveils innovative ‘Buy Now, Pay Later’ solution with Marqeta Flex

Marqeta, a leader in modern card issuing and embedded finance solutions, has launched its latest innovation, Marqeta Flex.
FullCircl

FullCircl unveils 2025 identity verification challenges and opportunities

FullCircl has just published its latest report, revealing critical insights into the state of IDV that could be costing businesses a significant number of potential customers annually.
CSRD

Understanding the impact of CSRD on EU corporate sustainability reporting

Introduced in 2014, the NFRD aimed to encourage greater transparency by requiring large companies to integrate ESG information alongside financial data in their annual reports.

Kuady drives financial inclusion with digital wallet expansion into Mexico

Kuady, a renowned payments service processor, has announced the expansion of its digital wallet services into Mexico, following successful launches in Peru, Chile, and Argentina.
CDI

Streamlining corporate client onboarding: the benefits of automated CDI

In today's rapidly evolving financial landscape, banks face numerous challenges when onboarding corporate clients.
Fintel Connect introduces automated compliance tool for BaaS banks

Fintel Connect introduces automated compliance tool for BaaS banks

Fintel Connect, a prominent leader in growth marketing for the financial sector, has recently unveiled Fintel Check for BaaS.
Tidal Cyber attracts key investment to empower global threat defense capabilities

Tidal Cyber attracts key investment to empower global threat defense capabilities

Tidal Cyber, a leader in Threat-Informed Defense, today revealed significant investments from USAA, known for its comprehensive insurance and financial services for military families, and Capital One Ventures, recognized for backing innovative technology and financial startups.
Osigu's $25m Series B to help revolutionise healthcare payments in Latin America

Osigu’s $25m Series B to help revolutionise healthcare payments in Latin America

Osigu, a trailblazer in AI-powered healthcare revenue cycle and claims management, has successfully closed the first phase of its $25m Series B funding round.
Filigran, a European CyberTech firm, announced today that it has successfully completed a $35m Series B funding round.

European Cybertech Filigran announces $35m in Series B funding

Filigran, a European CyberTech firm, announced today that it has successfully completed a $35m Series B funding round.

Unlocking the future: The rise of biometric verification in securing identities

Biometric verification represents a significant advancement in security technology, utilising unique biological traits such as fingerprints and facial patterns to confirm an individual's identity.

News Stories

Sift enhances fraud insights with new metrics in industry benchmark tool

Sift enhances fraud insights with new metrics in industry benchmark tool

Sift, a leading AI-powered fraud prevention platform, has introduced significant updates to its Fraud Industry Benchmarking Resource (FIBR), a free online tool designed to provide key fraud metrics across various industries, geographies, and timeframes.
Bitsight acquires Cybersixgill in $115m deal to enhance cyber threat intelligence

Bitsight acquires Cybersixgill in $115m deal to enhance cyber threat intelligence

Bitsight, a global leader in cyber risk management, has announced its $115m acquisition of Cybersixgill, a prominent cyber threat intelligence (CTI) provider. This strategic move...
FinCEN issues alert on deepfake fraud schemes targeting financial institutions

FinCEN issues alert on deepfake fraud schemes targeting financial institutions

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.
change communication methods during a verification check.Some identity verification solutions may also flag possible attempts to circumvent verification checks, such as the use of third-party webcam plugins, which can let a customer display previously generated video rather than live video. Use of Deepfake Media in Phishing Attacks and Scams Criminals may also target financial institution customers and employees through sophisticated, GenAI-enabled social engineering attempts in support of other scams and fraud typologies, such as business email compromise (BEC) schemes, spear phishing attacks, elder financial exploitation, romance scams, and virtual currency investment scams.24For example, in family emergency schemes, scammers may use deepfake voices or videos to impersonate a victim’s family member, friend, or other trusted individual.25Similarly, criminals have reportedly used GenAI tools to target companies by impersonating an executive or other trusted employee and then instructing victims to transfer large sums or make payments to accounts ultimately under the scammer’s control.26 Financial Red Flag Indicators of Deepfake Media Abuse FinCEN identified the following red flag indicators to help financial institutions detect, prevent, and report potential suspicious activity related to the use of GenAI tools for illicit purposes.As no single red flag is necessarily indicative of illicit or suspicious activity, financial institutions should consider the surrounding facts and circumstances before determining whether a specific transaction is suspicious or associated with illicit use of GenAI tools. A customer’s photo is internally inconsistent (e.g., shows visual tells of being altered) or is inconsistent with their other identifying information (e.g., a customer’s date of birth indicates that they are much older or younger than the photo would suggest). A customer presents multiple identity documents that are inconsistent with each other.

Folks Finance secures $3.2m in Series A to advance crosschain DeFi solutions

Folks Finance, a DeFi platform specialising in lending, borrowing, and managing digital assets across multiple blockchains, has announced it raised $3.2m in an oversubscribed Series A funding round.
Zeplyn lands $3m to enhance advisor efficiency with AI-driven platform

Zeplyn lands $3m to enhance advisor efficiency with AI-driven platform

Zeplyn, a WealthTech company founded by former Google engineers, focuses on streamlining workflows for financial advisors through AI-powered solutions.

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