Banking Infrastructure

AlphaSense raises $350m at $7.5bn valuation

AlphaSense raises $350m at $7.5bn valuation

AlphaSense, an AI-powered market intelligence platform serving the business and financial sectors, has closed a $350m funding round that values the company at $7.5bn,...
Banking executives are rapidly rolling out AI initiatives, but a growing gap between strategy and execution is now emerging as the real challenge, according to nCino CEO Sean Desmond.

Banking leaders face an AI execution gap, nCino warns

Banking executives are rapidly rolling out AI initiatives, but a growing gap between strategy and execution is now emerging as the real challenge, according...
Aqua Global wins UBL UK core banking deal

Aqua Global wins UBL UK core banking deal

UBL UK, a UK-regulated bank, has selected Aquila, the financial messaging platform developed by Aqua Global, to support a broad digital transformation programme aimed...
Tieto Banktech uses AI to fight financial crime

Tieto Banktech uses AI to fight financial crime

Tieto Banktech, a banking software developer, has outlined how a combination of AI-driven detection, real-time risk assessment and human oversight is being deployed to...
Mercury raises $200m Series D as AI fuels startup surge

Mercury raises $200m Series D as AI fuels startup surge

FinTech firm Mercury has secured $200m in a Series D funding round, valuing the company at $5.2bn. The round was led by growth equity firm...
Agentic AI is emerging as the next major technology shift for UK mortgage lenders, promising to accelerate loan processing while preserving the relationship-led service many borrowers still value, according to nCino

Agentic AI set to reshape the future of UK mortgages

Agentic AI is emerging as the next major technology shift for UK mortgage lenders, promising to accelerate loan processing while preserving the relationship-led service...
Stitch

Stitch lands $25m as banks’ infrastructure debt reaches tipping point

Stitch, a cloud-native operating system built to replace fragmented legacy infrastructure at financial institutions, has secured $25m in a Series A funding round led...

Backbase and Atos partner for AI-native banking

Backbase, creator of an AI-native Banking OS, and Atos, a digital transformation firm, have announced a strategic partnership aimed at helping financial institutions in...
Keel exits stealth as profitable BaaS platform

Keel exits stealth as profitable BaaS platform

Keel, the Manchester-based Banking-as-a-Service (BaaS) platform that grew out of consumer neobank Frost, has made its public debut after quietly reaching profitability and assembling...
10x Banking and Tweezr partner to speed core migration

10x Banking and Tweezr partner to speed core migration

10x Banking, the cloud-native core banking platform, has announced a partnership with Tweezr, a deterministic AI provider specialising in legacy system understanding, aimed at...

News Stories

Over $600m was raised across 14 deals this week

It was another slow week for FinTech deals as the end of 2026 edges closer.  A total of $602m was raised across 14 FinTech deals...
KYCP adds API4ALL to sharpen corporate due diligence

KYCP adds API4ALL to sharpen corporate due diligence

Compliance teams facing growing pressure to uncover who really sits behind a corporate client now have another tool at their disposal. According to KYCP,...
Compliance gets faster but firms trust it less, CUBE finds

Compliance gets faster but firms trust it less, CUBE finds

Financial institutions are processing regulatory change at a much faster pace than a year ago, but their belief that this work is actually effective...

Zing365: Insurance broking must map out career paths

Zing365, an InsurTech-focused learning and development specialist, has called on insurance brokers to set out defined career routes, organised training and mentoring if they...
Agentcard secures $8m to let AI agents shop online

Agentcard secures $8m to let AI agents shop online

Agentcard, a payments firm that lets AI agents make purchases using their users’ own cards, has closed an $8m seed funding round to help...

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