Banking Infrastructure

Finsei taps Thredd to power Mastercard debit cards

Finsei taps Thredd to power Mastercard debit cards

Finsei, a London-based payments firm, has partnered with Thredd, an AI-first issuer processing platform, to power the processing infrastructure behind its new Mastercard debit...
Zaria bags $5.2m to scale structured finance infrastructure

Zaria bags $5.2m to scale structured finance infrastructure

Zaria Systems, a provider of real-time infrastructure for mark-to-market credit and structured finance, has secured $5.2m in seed capital to expand its fiduciary platform. Lightspeed...
Banks cut reliance on AI giants with Farsight and Ornn

Banks cut reliance on AI giants with Farsight and Ornn

AI platform Farsight has partnered with Ornn, a company building financial markets for compute, to help banks run AI models within their own infrastructure...
Phishing fears push SWIVEL to rethink payment reminders

Phishing fears push SWIVEL to rethink payment reminders

SWIVEL, the integrated payments specialist owned by SWBC, has launched PayPrompt Pro, a digital communications tool designed to help financial institutions turn loan reminders...
Starling turns to UK sovereign cloud to develop banking AI model

Starling turns to UK sovereign cloud to develop banking AI model

UK digital bank Starling is working with AI chipmaker NVIDIA and UK cloud provider Civo to develop a transactional foundation model, as it looks...
FinCEN clarifies use of mobile driver’s licences in bank onboarding

FinCEN clarifies use of mobile driver’s licences in bank onboarding

US banks and credit unions can now use qualifying mobile driver’s licences (mDLs) to verify new customers under clarified federal guidance, but integrating the...
Stuut raises $52.5m Series B to automate order-to-cash

Stuut raises $52.5m Series B to automate order-to-cash

Stuut, an AI platform that automates the order-to-cash process for large enterprises, has secured $52.5m in a Series B round, arriving only ten months...
ElevenLabs hits $22bn as financial firms adopt AI agents

ElevenLabs hits $22bn as financial firms adopt AI agents

ElevenLabs, the AI voice and conversational agent developer, has reached a $22bn valuation after completing a $300m employee tender offer, as banks, insurers and...
BDO Unibank modernises payments with Finastra platform

BDO Unibank modernises payments with Finastra platform

Finastra, the financial services software provider, has revealed that BDO Unibank, one of the largest universal banks in the Philippines, has upgraded its payments...
TrueLayer powers instant top-ups for SumUp App users

TrueLayer powers instant top-ups for SumUp App users

TrueLayer, the Pay by Bank network that counts more than 30 million users across Europe, has teamed up with SumUp, the global FinTech firm,...

News Stories

Guidewire launches platform for agentic insurance

Guidewire launches platform for agentic insurance

Guidewire, a cloud platform provider for property and casualty (P&C) insurers, has introduced a platform-based approach to agentic insurance, designed to help carriers deploy...

FinTech market roars ahead with over $2.6bn raised this week

As we enter the final stretch of the year, FinTech funding was showing no signs of slowing down as a substantial funding package of...
Why AscentAI makes obligations the unit of RegTech change

Why AscentAI makes obligations the unit of RegTech change

Regulators publish documents, but financial institutions have to manage the individual obligations buried inside them. That mismatch is where a large share of the...
Collective secures $100m to power solopreneur finances

Collective secures $100m to power solopreneur finances

Collective, a financial platform built for self-employed business owners, has secured $100m in new funding to develop what it describes as a financial operating...
Can identity verification survive the age of synthetic identities?

Can identity verification survive the age of synthetic identities?

Identity verification has long relied on the assumption that a person can be distinguished from an impostor through evidence of who they are. But...

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