Banking Infrastructure

Finastra customers can now access Active.Ai’s conversational AI retail banking app via the FusionStore

Banks and credit unions who already have access to Finastra’s FusionStore can now tap get access to Active.Ai’s conversational AI retail banking app. That means...

Former Google-engineer’s startup Thought Machine raises $83m in Series B round to fuel US...

Thought Machine, the cloud native core banking technology firm, has raised $83m to fund its global expansion plans and strengthen its services.

The Reserve Bank of New Zealand taps SIA for new banking infrastructure

New Zealand’s central bank and SIA, the payment services and infrastructures company, have replaced two separate platforms with a new solution.

Unqork closes a further $51m to its Series B round

Unqork, a no-code application platform, has closed an additional $51m in funding, upping its Series B to a total of $131m.

MANTL bags $8m in round led by Point72 Ventures

MANTL, an account opening software solution for banks and credit unions, has bagged $8m in its Series A round led by Point72 Ventures.

LenderClose secures eight-figure investment

LenderClose, a technology developer for the lending space, has received an eight-figure Series B round.

LendingClub acquires Radius Bank in $185m deal

LendingClub, an online lending marketplace, has wholly acquired Radius Bancorp, which includes its digital banking platform Radius Bank.

FinTech enterprise Baker Hill deepens partnership Washington Trust Bank

Baker Hill, the FinTech company, has convinced Washington Trust Bank to renew their partnership.

Finastra has launched its new cloud-based banking platform Fusion Phoenix and two banks have...

Commerce National Bank & Trust and Commencement Bank have become the first US banks to access Finastra’s new cloud-based core banking platform Fusion Phoenix.

Whatfix nets $32m in Series C led by Sequoia Capital

Whatfix, a digital adoption solution, has netted $32m in its Series C round which was led by Sequoia Capital India.

News Stories

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.
SentinelOne, a global leader in AI-powered security, has announced the launch of the a program designed to help insurers secure their clients’ networks using the world’s most advanced AI security platform.

SentinelOne launches Risk Assurance Initiative with AI-powered security for insurers

SentinelOne, a global leader in AI-powered security, has announced the launch of the a program designed to help insurers secure their clients’ networks using the world’s most advanced AI security platform.

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